1、ANNUALR E P O R T 2 0 0 2Mission statementTechnology Creating ValueIHC Calands mission is tooptimise value for its clientsand shareholders byanticipating and satisfyingits clients requirements withminimum cost advancedtechnology solutions.The Groups aim is to beconsistently on the forefrontof market
2、 oriented technologydevelopment in its businessareas and to maintain andreinforce its leading marketpositions in the world.Corporate profile1Dredger/specialised shipbuildingactivitiesThe Groups yards operate in nichemarkets where demand is forcustom-built,one-off designed com-plex ships with a high
3、degree ofadded value.Especially in thedredgerbuilding activities,the yardshave all key technology in-house.Ontop of this,the Group has builtan extensive network of externalsuppliers and subcontractors tooptimise design and construction inall projects.IHC Calands world market share incustom-built and
4、 standard types ofdredging equipment is over 50%.The history of these business activi-ties goes back more than 300 years.These activities involve a wide rangeof hardware and services for the fullrange of dredging activities.Activities of the Groups shipyardsalso include specialised ship-building suc
5、h as the construction ofRo-Pax ferries,offshore support andriver cruise vessels.The division also includes a numberof foundation and tunnelling activi-ties which dovetail technologicallywith the Groups dredging know-how.Strategy and organisationWithin the context of centrallyagreed financial and str
6、ategic condi-tions,each subsidiary markets itsproducts and services indepen-dently,and under its own identity.At the same time,the subsidiariesmake extensive use of each otherscore skills and common marketknowledge,and network of clients,suppliers andstrategic projectpartners.The corporate cultureis