Next month, the Port of Rotterdam Authority will transfer €290 million to the Dutch State. This is eight years ahead of the schedule planned in 2005. In 2005, the Dutch State, the Municipality of Rotterdam and the Port Authority agreed that the Port Authority would receive a total amount of €726 million from the Dutch [...]
Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 320 million of equity at a price of EUR 33.00 per ordinary share. A total number of 9,696,969 new ordinary shares (the Shares) were placed, 4,896,180 through an accelerated bookbuild offering (the ABB Offering) and 4,800,789 through a private placement (the Private Placement) with HAL Investments [...]
Royal Boskalis Westminster N.V. (Boskalis) announces the launch of an equity offering to raise approximately EUR 320 million (the Offering) by issuing new ordinary shares in the share capital of Boskalis (the Shares). The net proceeds of the Offering will be used to partly finance the voluntary public offer for Dockwise Ltd. (see press releases [...]
The European Investment Bank has formally agreed to provide the final part of EUR 900m overall funding to support investment by the Port of Rotterdam Authority in port infrastructure, of which Maasvlakte 2 is by far the most important. The European Union’s long-term lending institution has funded land reclamation and construction of container and specialist [...]
The Port of Barcelona closed the financial year with operating profits of 60 million euros and investments of 105.4 million euros, mainly in new infrastructure such as the construction of the Prat Wharf, the enlargement of the South Quay, the new building at the Border Inspection Post (BIP) and repairing and improving breakwaters and quays. [...]
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for the mining of bauxite in Lelydorp nearby Paramaribo, Surinam. The contract value is approximately € 125 million and the contract was awarded by Suralco L.L.C., an indirect joint subsidiary of Alcoa Inc. and Alumina Ltd. Work is set to commence shortly and it is [...]
![Brazil: Van Oord Wins Two Dredging Projects in Port of Suape]()
Van Oord has been awarded two dredging projects in the port of Suape, Brazil. Together the two contracts are worth more than EUR 165 million. The client is Suape Complexo Industrial Portuario Governador Eraldo Gueiros, the port authority for the State of Pernambuco. Work on the two projects is scheduled to begin in late 2011. [...]
![The Netherlands: IHC Merwede Expands Banking Facilites to EUR 1.5 Billion]()
IHC Merwede has increased its underwriting capacity by more than 50 per cent to €1.5billion. Of this amount, €900 million is committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks, with the aim of facilitating international growth. Ability to differentiate The five banks [...]
![Boskalis Wins EUR 90 Million Worth of Contracts in Nigeria]()
Royal Boskalis Westminster N.V. has recently been awarded a number of contracts in Nigeria with a total value of approximately € 90 million. The largest contract was awarded by Prodeco International Limited and involves dredging and reclamation works for the expansion of the Federal Lighter Terminal and the Federal Ocean Terminal in Onne Port, which is [...]
![Slovenia: Koper Port Gets EUR 35 Million Loan for Container Terminal Expansion]()
Port operator Luka Koper got a EUR 35m 20-year loan from the European Investment Bank (EIB) that will be used to finance the expansion… (investslovenia) Source: investslovenia, April 8, 2011
