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    Aker Yards and Damen plan joint venture

    News // June 5, 2006

    Aker Yards and Damen Shipyards Group are planning to establish a joint venture owning the Damen Shipyards Okean yard in Mykolayiv, Ukraine.

    The plans will contribute to an increased steel- and shipbuilding capacity of Aker Yards.

    The Okean yard is able to build a variety of vessels, steel sections for all the three of the company's business areas, and the existing range of Damen vessels.
    Karl Erik Kjelstad, CEO & President of Aker Yards, said: "This planned cooperation meets Aker Yards strategy to increase its steel and shipbuilding capacity."
    Rene H Berkvens, CEO of Damen Shipyards Group, emphasized that the product range of Aker Yards matches very well with the capacities of the Okean yard and for that reason this is a very valuable cooperation.

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