Aker Yards and Damen plan joint ventureNews // 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.