Boskalis in setback following Suez completion

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.

Photo: Boskalis

Royal Dutch Boskalis, whose primary business areas include dredging, towage and salvage, put a lid on the first three months of the year with a significant decline in revenue and lower fleet utilization and operating profit, according to a quarterly update from the Dutch-based company which does not contain specific figures for the results.

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