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Marine and towage group Boskalis suffered a massive deficit for the first half of the year, as weak activity in Offshore Services dragged the group down despite positive developments in other business units.
Dutch Boskalis has secured a contract to dredge and develop a new part of Singapore's port. The job will span the next nine years and is budgeted at EUR 300 million.
Dutch offshore and towage carrier Boskalis emerged from the third quarter with a lower result. The market remains tough, says the carrier.
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.
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.
Following two record years for the listed Dutch marine and towage giant Boskalis, last year finished as a massive downturn. CEO Peter Berdowski does not expect a rapid recovery in the offshore market.
Marine and towage behemoth Royal Boskalis Westminster will include a EUR 840 million impairment in its results for 2016.
Marine group Royal Boskalis Westminster will develop and construct a new port in Oman. The contract is worth EUR 480 million in total, informs the company.
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.
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Towage and salvage group Royal Dutch Boskalis has secured a new EUR 120 million contract to conduct preliminary work, including dredging, as part of the expansion of an oil terminal in Brazil.
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.
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 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 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.
Dutch Boskalis has won an order to deliver all elements except for the turbines to an offshore wind farm off Aberdeen.
Royal Dutch Boskalis and Van Oord have won a contract worth EUR 300 million from the state-owned entity responsible for building the Fehmarn fixed link.
The Dutch company can look back on a first quarter with a significant slide in revenue and lower fleet utilization. The current orderbook will provide sound employment in otherwise challenging 2016, notes the salvage and towage company in a quarterly update.
The Dutch towage company lands its second acquisition in just one month and will now take over a number of vessels and contracts from German Strabag Wasserbau.
Samsung Heavy Industries has hired the Dutch salvage and service company to transport platform modules for the major Johan Sverdrup project in the North Sea.
The Dutch marine and service group improved its net result in 2015, but the projections for the upcoming period are subdued, Boskalis writes in its 2015 annual report.
Om et forulykket skib er stort, er ikke nødvendigvis afgørende for ulykkens omfang, lyder det fra et af verdens førende rådgivningsfirmaer, LOC, i et interview med ShippingWatch. Den største trussel ligger et andet sted, lyder det.
The Dutch drilling and offshore company Boskalis had a record six months in terms of the operating result. The company is growing due to factors including contracts for the expansion of the Suez Canal.
Det hollandske bore- og offshoreselskab Boskalis har haft et rekordgodt første halvår målt på driftsresultatet. Selskabet vokser blandt andet på grund af opgaver med udvidelsen af Suez-Kanalen.
The reputable European environmental NGO Shipbreaking Platform gives high praise to the Dutch dredging and marine specialist Boskalis for setting a completely new standard in the scrapping of the company's whole fleet.
Den anerkendte europæiske miljøorganisation NGO Shipbreaking Platform skamroser den hollandske bjærgnings- og marinespecialist Boskalis for at sætte helt nye standarder for ophugning af sin samlede flåde.
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