rss icon Subscribe
desktop mobile

New Shipbuilding Facility in Cape Town

Photo: Veecraft Marine

Posted by Michelle Howard

Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group, opened its new premises at a ceremony held in Cape Town.

Veecraft Marine has manufactured more than 60 maritime platform solutions in various classes since its inception in 2002, totaling more than $130 million of contracts. Leveraging its specialization in the construction of 20 to 30 meter vessels, the company has secured an order book valued at more than $13.5 million. The location of Veecraft's new facility provides ease of access to the ocean, helping to save cost and time in its logistical operations.

The 2,500 square-meter facilities will be the home to 80 members of staff. Visitors at the grand opening were able to survey maritime vessel production processes and manufactured platforms in various stages of development, including 20m workboats for South Africa's Special Forces, hydrographic motor boats for the South African Navy and a 24m coastal reconnaissance workboat for a West African customer, powered by Volvo IPS Pod Drives, notably the first commercial maritime vessel to be powered by these drives on the continent.



Aug 13, 2019

 

People & Company News

Nautical Institute's New President Outlines Top Goals

Jillian Carson-Jackson (Photo: The Nautical Institute)

The newly elected President of The Nautical Institute, Jillian Carson-Jackson has vowed to help

Fincantieri Acquires Comms Equipment Supplier

(File photo: Fincantieri)

Fincantieri said it has acquired a majority share in communications equipment supplier Support

Furuno Acquires EMRI A/S

Image Credit: Furuno

Furuno has acquired Danish company EMRI A/S, founded in 1972 and specializing in autopilots

Shipbuilding

GTT Inks Licensing Deal with Zvezda Shipbuilding

(Photo: Zvezda Shipbuilding)

French engineering firm GTT announced Thursday it has signed a Technical Assistance and License

iXblue Nav Systems Chosen for Gowind Warships

(Photo: Naval Group)

iXblue said it has been selected by Naval Group to supply navigation systems for two Gowind

Fincantieri Acquires Comms Equipment Supplier

Fincantieri said it has acquired a majority share in communications equipment supplier Support Logistic Services (SLS) as the Italian shipbuilding group continues its push to

Maritime Apps