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Royal IHC
Royal IHC or Koninklijke IHC, previously IHC Holland (1943–1995), IHC Holland Merwede (1995–2005) and IHC Merwede (2005–2014) is a Dutch shipbuilding company with headquarters in Kinderdijk. It focuses on the development, design and construction of ships for the dredging and offshore industries. IHC Holland partnership (1943–1965) The Industriële Handels Combinatie (IHC) in the Hague was a partnership. The idea came up when the Billiton company made plans for tin mining after the war, and a number of shipyards each deemed themselves incapable to build the required vessels on their own after the war. The partnership consisted of 6 small companies which were all strong players in dredging, but wanted to be more efficient. In sales e.g. it was very inefficient for all these relatively small companies to have their own agents abroad. The partnership consisted of: * Conrad Shipyard in Haarlem * Gusto Shipyard Gusto Shipyard, previously A.F. Smulders, was a shipbuilding ...
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Kinderdijk
Kinderdijk () is a village in the municipality of Molenlanden, in the province of South Holland, Netherlands. It is located about east of Rotterdam. Kinderdijk is situated in the Alblasserwaard polder at the confluence of the Lek and Noord rivers. To drain the polder, a system of 19 windmills was built around 1740. This group of mills is the largest concentration of old windmills in the Netherlands. The windmills of Kinderdijk are one of the best-known Dutch tourist sites. They have been a UNESCO World Heritage Site since 1997. Etymology The name Kinderdijk is Dutch for "Children dike". During the Saint Elizabeth flood of 1421, the Grote Hollandse Waard flooded, but the Alblasserwaard polder stayed unflooded. It is often said that when the horrendous storm had subsided, a villager went to the dike between these two areas to inspect what could be salvaged. In the distance he saw a wooden cradle floating on the water. As it came nearer, some movement was noted, and upon close ...
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Fribourg
, neighboring_municipalities= Düdingen, Givisiez, Granges-Paccot, Marly, Pierrafortscha, Sankt Ursen, Tafers, Villars-sur-Glâne , twintowns = Rueil-Malmaison (France) , website = www.ville-fribourg.ch , Location of , Location of () () or , ; or , ; gsw, label= Swiss German, Frybùrg ; it, Friburgo or ; rm, Friburg. is the capital of the Swiss canton of Fribourg and district of La Sarine. Located on both sides of the river Saane/Sarine, on the Swiss Plateau, it is a major economic, administrative and educational centre on the cultural border between German-speaking and French-speaking Switzerland. Its Old City, one of the best-maintained in Switzerland, sits on a small rocky hill above the valley of the Sarine. In 2018, it had a population of 38,365. History Prehistory The region around Fribourg has been settled since the Neolithic period, although few remains have been found. These include some flint tools found near Bourguillon, as well as a stone hatchet and bro ...
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Replenishment Oiler
A replenishment oiler or replenishment tanker is a naval auxiliary ship with fuel tanks and dry cargo holds which can supply both fuel and dry stores during underway replenishment (UNREP) at sea. Many countries have used replenishment oilers. The United States Navy's hull classification symbol for this type of ship was AOR. Replenishment oilers are slower and carry fewer dry stores than the U.S. Navy's modern fast combat support ships, which carry the classification AOE. History The development of the "oiler" paralleled the change from coal- to oil-fired boilers in warships. Prior to the adoption of oil fired machinery, navies could extend the range of their ships either by maintaining coaling stations or for warships to raft together with colliers and for coal to be manhandled aboard. Though arguments related to fuel security were made against such a change, the ease with which liquid fuel could be transferred led in part to its adoption by navies worldwide. One of the first ...
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Jan De Nul
Jan De Nul Group is a Belgian family-owned company, with the financial headquarters in Luxembourg, that provides services relating to the construction and maintenance of maritime infrastructure on an international basis. Its main focus is dredging (including other forms of marine engineering), which accounts for 85% of its turnover. Other areas include civil engineering and environmental technology. History Founded in 1938, in Hofstade near Aalst, Belgium, Jan De Nul started as a construction company specialised in civil works and maritime construction. It was only in 1951 that the company entered into the dredging business. Recently it has forayed into offshore wind business and have been successful in securing major European wind energy projects. At the end of 2012, Jan De Nul had 6000 employees and a yearly turnover of 2 billion euro. Other major dredging companies are Dutch companies Royal Boskalis Westminster and Van Oord, and the Belgian DEME. Jan De Nul was voted the mos ...
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Employment Agency
An employment agency is an organization which matches employers to employees. In developed countries, there are multiple private businesses which act as employment agencies and a publicly-funded employment agency. Public employment agencies One of the oldest references to a public employment agency was in 1650, when Henry Robinson proposed an "Office of Addresses and Encounters" that would link employers to workers. The British Parliament rejected the proposal, but he himself opened such a business, which was short-lived. The idea to create public employment agencies as a way to fight unemployment was eventually adopted in developed countries by the beginning of the twentieth century. In the United Kingdom, the first labour exchange was established by social reformer and employment campaigner Alsager Hay Hill in London in 1871. This was later augmented by officially sanctioned exchanges created by the Labour Bureau (London) Act 1902, which subsequently went nationwide, a move ...
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Damen Group
The Damen Group is a Dutch defence, shipbuilding, and engineering conglomerate company based in Gorinchem, Netherlands. Though it is a major international group doing business in 120 countries, it remains a private family-owned company. Damen Shipyards Group is a globally operating company with more than 50 shipyards, repair yards, and related companies − as well as numerous partner yards that can build Damen vessels locally. Since 1969 it has designed and built more than 5,000 vessels and delivers over 150 vessels annually. With over 30 shipyards and related companies worldwide, Damen is involved in ship construction as well as maintenance and repair activities. It has a wide product range, including tugs, workboats, patrol craft, cargo vessels, dredgers, superyachts and fast ferries. Product design and engineering are carried out in-house and a broad range of designs are available. History Overview Damen was established in 1927 in the town of Hardinxveld-Giessendam ...
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Coastal Trading Vessel
Coastal trading vessels, also known as coasters or skoots, are shallow-hulled ships used for trade between locations on the same island or continent. Their shallow hulls mean that they can get through reefs where deeper-hulled seagoing ships usually cannot. Coasters can load and unload cargo in shallow ports. World War II During World War II there was a demand for coasters to support troops around the world. Type N3 ship and Type C1 ship was the designation for small cargo ships built for the United States Maritime Commission before and during World War II. Both were use for close to shore and short cargo runs. Government of the United Kingdom used Empire ships type Empire F as a merchant ship for coastal shipping. UK seamen called these "CHANTs", possibly because they had the same hull form as Channel Tankers (CHANT) and initially all the tankers were sold to foreign owners and therefore there was no conflict in nomenclature. The USA and UK both used coastal tankers also ...
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Latin American Debt Crisis
The Latin American debt crisis ( es, Crisis de la deuda latinoamericana; pt, Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as ''La Década Perdida'' (The Lost Decade), when Latin American countries reached a point where their foreign debt exceeded their earning power, and they were not able to repay it. Origins In the 1960s and 1970s, many Latin American countries, notably Brazil, Argentina, and Mexico, borrowed huge sums of money from international creditors for industrialization, especially infrastructure programs. These countries had soaring economies at the time, so the creditors were happy to provide loans. Initially, developing countries typically garnered loans through public routes like the World Bank. After 1973, private banks had an influx of funds from oil-rich countries which believed that sovereign debt was a safe investment. Mexico borrowed against future ...
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Cost Price
In retail systems, the cost price represents the specific value that represents unit price purchased. This value is used as a key factor in determining profitability, and in some stock market theories it is used in establishing the value of stock holding. Forms Cost prices appear in several forms, such as actual cost, last cost, average cost, and net realizable value. Cost price Cost price is also known as CP. cost price is the original price of an item. The cost is the total outlay required to produce a product or carry out a service. Cost price is used in establishing profitability in the following ways: * Selling price (excluding tax) less cost results in the profit in money terms. * Profit / selling price (excluding tax) when expressed as a percentage produces ( gross profit) or GP%. * Expense / net sales yields a percentage that when used as the target margin will produce gross profit. Actual cost In calculating actual or landed cost, all expenses incurred in acquir ...
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NIBC Bank
NIBC Bank N.V. is a commercial bank in the Netherlands offering corporate and retail banking products and services. Its corporate banking activities range from advising, structuring, financing and co-investing across debt and equity in Northwest Europe with a focus on the Netherlands and Germany. The retail banking activities primarily consist of mortgage lending in the Netherlands and online retail savings products and services in the Netherlands, Germany and Belgium via the NIBC Direct brand. NIBC Bank N.V. is a 100 per cent subsidiary of NIBC Holding N.V., a listed entity which is in turn majority owned by a consortium of international financial institutions and investors organised by J.C. Flowers & Co. NIBC has offices in The Hague, Amsterdam, Frankfurt, London and Brussels. As of 2016, NIBC Bank was the ninth-largest bank in the Netherlands in terms of total assets. History NIBC was incorporated on 31 October 1945 as ''Maatschappij tot Financiering van Nationaal Herstel'' ...
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Rijn-Schelde-Verolme
The shipbuilding company Rijn-Schelde-Verolme Machinefabrieken en Scheepswerven NV (RSV) was a combination of shipbuilding companies and machine factories founded in 1971. In 1983 the company went broke with a staggering loss of public money. It led to the Parliamentary inquiry about RSV. Foundation Context After World War II, the Dutch shipbuilding industry quickly recovered. Until the mid 1950s there was a lot of work and the industry made good profits. In 1958 it was the fifth of the world in tonnage and employed 56,000 people. Nevertheless, the Dutch shipbuilders had a structural problem. In general they had missed out on the revolution in shipbuilding which had taken place in the United States during World War II, and resulted in the Liberty ship. It involved building ships in sections and series, and replacing most riveting with electric welding. Building in sections was first done in the Netherlands by Cornelis Verolme. In about 1960, the other shipyards followed. Buil ...
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