Rosetti Marino will take over a new yard in the Netherlands
Ravenna-based company signed a Letter of Intent with Heerema Fabrication Group to take over a new facility specialized in offshore constructions
Rosetti Marino is getting ready to plant a flag in the Netherlands by taking over a new shipyard in Zwijndrecht, nearby Rotterdam.
Heerema Fabrication Group, determined selling two of their four facilities (the second of which in Hartlepool, UK, not yet sold) all specialized in designing and manufacturing steel plate structures for the offshore market, particularly in the North Sea.
HFG announced having sealed a Letter of Intent with Ravenna-based company for the sale of Zwijndrecht-based yard, which – according to the Dutch group's website – was one of the first in Europe committed to the construction of steel plate platforms, jackets and offshore modules, having manufactured overall 550,000 tons in the last 30 years (founded in 1948).
As reported by the company's website, the installation covers 146,000 square metres area and is provided with 680 metres quay capable to handle up to 15,000 tons. The area also hosts two facilities committed to assemblage operations, one of them exclusive handling pre-built structures and the other for the construction of pipes; a further area is committed to sandblasting and painting operations.
HFG also added they confide the ownerships change would not hurt jobs.
Rosetti Marino didn't comment the fact: neither the value of transaction nor final deadline have been disclosed, however considering current ailing offshore market and HFG tough financial situation, it might have been a particularly noteworthy affair.
The new site might be an excellent investment to serve the North Sea, for the time being, besides San Vitale and Piomboni-Ravenna- based facilities, the Italian group owns an on property structure in Akshukur-Kazakhstan, serving their business in the Caspian sea, although also operating in other locations (Poland, Qatar, United Arab Emirates) pursuant to accords negotiated with local institutions.
Back to Heerema Fabrication Group, the company added they will continue operating in Vlissingen (the Netherlands) and Opole (in Poland).
Current negotiations were encompassed in a plan launched in 2016 based on the envisaged market recovery due to start in 2019 which, for the time being, still has to come.