Hapo International Barges has signed a collaboration agreement with Aesen, formalizing their partnership following the successful execution of their first joint project in Bangladesh.

The agreement is based on practical project experience, mutual trust, and a shared objective to strengthen their respective positions in the market. It establishes a framework for future cooperation between the two companies.

Under this collaboration, Hapo International Barges will expand its presence in Asia and the Middle East, focusing on specialized crane pontoons and marine heavy-lift solutions.

At the same time, Aesen will reinforce its position in the crane pontoon segment, supported by its fleet, operational expertise, and established project track record.

The partnership follows the completion of the Jamuna River power line crossing project near Sirajganj. The project was delivered for Cemindia Projects Limited (formerly ITD Cementation India Ltd.) and marked the first successful cooperation between the two companies, laying the foundation for continued collaboration.

Both companies expect to work together on future projects and deliver marine solutions for complex infrastructure works worldwide.