Keppel Verolme shipyard in the Rotterdam Botlek area is being sold to Damen Shipyards Group allowing it to repair and convert larger vessels in the Port of Rotterdam

Since 1957 the Verolme yard has been active in the Botlek area of the Port of Rotterdam with three graving docks, a quay capacity of over 1,800 metres and approximately 250 employees. With the largest dock measuring 90 x 405 metres Damen will gain capacity to cater for the largest maritime objects. Currently, Damen’s biggest dock in the Netherlands is located at Damen Shiprepair Rotterdam and measures 46 x 307 metres. Damen intends to continue activities in the Botlek area with the current employees of the yard.

With the Verolme yard, Damen will have four large repair yards within close proximity of the Port of Rotterdam. The two yards in Rotterdam, along with Damen’s yards in Vlissingen and Amsterdam, will closely cooperate to maximise the use of each other’s expertise, further developing synergy advantages and jointly marketing their capacity, with the objective to offer more efficient and competitive services.

The targeted timeline to close the transaction is by the end of the second quarter 2017.

By Jake Frith

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