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Boskalis lands historically large offshore contract

The Dutch tugboat and marine group bagged a triple-digit million contract in euros for offshore cable installation. This marks the company's largest ever contract and will be carried out in a consortium which includes cable manufacturer NKT.

Boskalis still hit by tough market

Towage and marine services group Boskalis finished the third quarter with an improved result. Even though the company sees signs of a recovery, the market remains strained.

Boskalis to sail on biofuel on offshore project

The Dutch company will sail on biofuel while working on a wind farm. More projects with biofuel are underway, and with time the fuel will represent a way of reducing the carrier's environmental footprint.

Weak offshore market drags down Boskalis

Dutch Boskalis was hit by the weak offshore market in the first half of the year, as the net result dropped almost 50 percent to EUR 75.1 million compared to last year.

Boskalis awarded contract by Swedish port

Dutch Boskalis will build a quay in the new container and RoRo port in Stockholm, which is currently being completed. The contract is worth EUR 60 million, says Boskalis.

Boskalis sells South African tug unit

Boskalis has made a significant double-digit million dollar figure by selling its stake in SMIT Amandla Marine. The sale was announced already back in March 2016, but the transaction has now been completed.

Struggling tug market hurts Boskalis

The Dutch marine group behind tug and salvage group Smit is feeling the pain across its three business areas, with significantly lower revenue and operating result.

Royal Boskalis in the midst of full-blown storm

Revenue and earnings are sliding downhill at Royal Boskalis Westminster, which counts companies including the tugboat activities in Smit. "We are experiencing stormy conditions," says Peter Berdowski, CEO of Boskalis.

Boskalis to cut 650 jobs over the next two years

Boskalis has completed a study of the carrier's fleet in light of the deteriorating market conditions plaguing the sector. The carrier will idle 24 ships in a row, which will cost upwards of 650 jobs over the next two years.

Boskalis vil skære 650 job de næste to år

Boskalis har afsluttet en undersøgelse af selskabets flåde i lyset af de svære markedsvilkår, der præger branchen i dag. Selskabet vil oplægge 24 skibe, og det vil koste op mod 650 job i løbet af de næste to år.

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