The Panama Canal Authority (ACP) has awarded IHC Engineering Services B.V. the contract for designing and manufacturing a backhoe dredge.
Five companies participated in the tender process: Shanghai Zhenhua Heavy Indsutries Co., Ltd.; De Donge Shipbuilding; Heli Steelstrong LLC; Qinhuangdao China Harbour Shipbuilding Industry Co., Ltd. and Holland Shipyards BV.