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Boskalis Update on Share Buyback Program
In the period from 18 August up to and including 22 August, Royal Boskalis Westminster N.V. (Boskalis) repurchased 150,500 of its own shares at an average price…
Boskalis to Launch Share Buyback Program
Royal Boskalis Westminster N.V. (Boskalis) announces the start of its share buyback program. Within the framework and based on the principles of its business plan…
Boskalis Post Record H1 2014 Profits
Despite what it describes as 'challenging market conditions' Royal Boskalis Westminster N.V. posted record profits in the first half year ended 30, June 2014. The…
Boscalis to Get IJsseldelta 'Room for the River' Contract
Royal Boskalis Westminster N.V. (Boskalis) say that the Dutch Department of Public Works and the province of Overijssel intends to award the contract for the IJsseldelta polder to them.
Smit Lamnalco Aids Transfer of Largest HVDC Platform
![Smit Lamnalco tugs provide vital support for world’s largest HVDC platform transfer and float-over](https://images.marinelink.com/images/maritime/w200h200c/smit-lamnalco-tugs-provide-vital-30487.jpg)
Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs, with more than a combined 450 metric tons bollard pull power, provided marine support not only during the unberthing process but also in the 24-mile tow offshore and its float over on to the heavy transport vessel…
Van Oord Consortium Awarded Singapore Port Expansion
Van Oord has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Jurong Town Corporation awarded the reclamation…
Boskalis Consortium Wins Port Expansion Contract
Royal Boskalis Westminster N.V. has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Jurong Town Corporation…
Boskalis JV Wins Dudgeon Offshore Wind Farm Contract
Royal Boskalis Westminster N.V. (Boskalis) announces that VSMC, its strategic cable-laying joint venture with VolkerWessels, has been awarded a contract by Dudgeon Offshore Wind Limited…
SAAM SMIT Towage J/V to Operate 100 Tugboat Fleet
Royal Boskalis Westminster N.V. inform that with SAAM S.A. they have successfully created a joint harbor towage operation within the American Continent in Brazil…
75% of Boskalis Shareholders Elects Stock Dividend
Royal Boskalis Westminster N.V. (Boskalis) announces that 75.12 percent of the shareholders have elected a stock dividend distributed in the form of ordinary shares.
Boskalis Sets Stock Dividend Conversion Rate
![Photo: Boskalis](https://images.marinelink.com/images/maritime/w200h200c/photo-boskalis-28316.jpg)
On May 13, 2014 the dividend of Royal Boskalis Westminster N.V. (Boskalis) for the financial year 2013 has been determined at EUR 1,24 per ordinary share. This dividend shall be distributed in the form of ordinary shares, unless a shareholder opts to receive the dividend payment in the form of cash. With the dividend distribution as stock, shareholders will receive one new ordinary share per 33.8 dividend rights of ordinary shares.
Boskallis Wins Two Big Dredge Contracts
Royal Boskalis Westminster N.V. Boskalis is to build a breakwater in Clacton-on-Sea for Tendring District Council over a distance of five kilometers between Clacton Pier and Holland Haven.
Baltic Ace Salvage Commenced in North Sea
Dutch companies have started a weeks-long operation to raise the Baltic Ace car carrier, which collided with a cargo ship in 2012, killing 11 crew and sending 1…
Boskalis Achieves Higher Revenue In Q1 2014
Royal Boskalis Westminster N.V. reported a higher revenue for the first quarter of 2014 compared to the same period last year. This was in line with company expectations.
Boskalis Initiates Study into Ultra Large Dockwise Vessel
![Photo: Boskalis](https://images.marinelink.com/images/maritime/w200h200c/photo-boskalis-26774.jpg)
Royal Boskalis Westminster N.V. (Boskalis) announced at the Offshore Technology Conference (OTC) in Houston that it has started a study into a new ultra large V-class Heavy Marine Transport Vessel (HTV). The Dockwise Vanguard which came into service early 2013 is already the world’s largest V-class HTV with a carrying capacity of 117,000 MT and a deck space of 270 meters by 70 meters. Peter Berdowski, CEO Boskalis, “The Dockwise Vanguard has been well received in the market.
Salvage of Capsized Rig to Finish by March 2015
![Photo courtesy of Saipem](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-saipem-26329.jpg)
Salvage work to remove a capsized rig lying in shallow waters offshore from Angola's new liquefied natural gas (LNG) export plant should be completed by March 2015, the company in charge of the operation said. The three-legged Perro Negro 6 drilling rig overturned last summer as it was being positioned to bore a tunnel for a gas pipeline key to feeding the $10 billion plant. Italian oil services firm Saipem chose South African company Smit Salvage…
Safety the Focus as Heavy Lifting Picks Up
![Samson and Manitowoc Announce KZ100 Synthetic Crane Hoist Line. (KZ100 is also featured in the image running across the top of this page)](https://images.marinelink.com/images/maritime/w200h200c/samson-and-manitowoc-announce-kz100-26062.jpg)
Heavy lift operations offshore are an awe-inspiring feat, but an operation that requires consistent monitoring of man, machine and procedure to ensure they are conducted in as an efficient and safe manner as possible. Due to a growing focus on safety related to subsea lifting operations, DNV GL recently established a Joint Industry Project (JIP) to develop practical methods for reducing the risks and lifetime cost of steel wire ropes for subsea lifting applications…
Tanzania: The Next Hotbed of Construction & Energy Activity?
![Ralph Lobbe, Business Development Manager Africa at Mammoet, elaborates on possibilities for Engineered Heavy Lifting and Transport.](https://images.marinelink.com/images/maritime/w200h200c/ralph-lobbe-business-development-manager-24654.jpg)
Representatives of Mammoet and other Dutch companies visited Tanzania to explore potential construction projects and investment opportunities in the East African country which has impressive growth rates and large stocks of underseas gas it is looking to develop. Tanzania is shaping up to be a big opportunity for Dutch companies that are active in energy, infrastructure and transport. Mammoet, Shell…
Pipelayer Towed from Genoa to Rotterdam
![Fairmount Glacier](https://images.marinelink.com/images/maritime/w200h200c/fairmount-glacier-24515.jpg)
Tug Fairmount Glacier has towed pipelay-vessel Castoro Sei to Rotterdam, the Netherlands, from where the vessel will start her seasonal activities on the North Sea. The Fairmount Glacier hooked-up with Castoro Sei in Genoa, Italy. The Castoro Sei is a 28,000 ton DWT 152 meters long semi-submersible pipelay-vessel operated by Italian Saipem. For her towage from Genoa towards Rotterdam the Fairmount Glacier was mobilized from Las Palmas. The convoy reached Gibraltar within six days.
Boskalis Posts Record Net Profit in 2013
![Image courtesy of Boskalis](https://images.marinelink.com/images/maritime/w200h200c/image-courtesy-of-boskalis-24357.jpg)
Royal Boskalis Westminster N.V. (Boskalis) reports an increased revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share and intends to start a three-year share buyback program. EBITDA…