Ackermans & van Haaren: Interim Statement First Quarter 2013

Ackermans & van Haaren has announced its interim financial report for the first quarter of 2013.

DEME

In Belgium, the works for the offshore wind farm of Northwind were started up, while those for the third phase of C-Power continued. Several other large sites where DEME (AvI I 50%) will be active in 2013 (such as Now Doha Port, Wheatstone) were started up towards the end of the first quarter, which will lead to a good occupation of the fleet from the second quarter onwards.

DEME succeeded in winning several new orders in 1Q13 in dredging, environmental and tailpipe activities. At the end of the first quarter of 2013, the order book was worth 3,186 million euros (compared to 3,317 million euros at year-end 2012). In 2Q13, GeoSea won two major new contracts for offshore wind farms Westermost Rough in the United Kingdom and Borkum Riffgrund 1 in Germany.

At the end of January 2013, DEME successfully issued a retail bond for six years with a gross annual interest rate of 4.145%. It was fully subscribed within one day up to the maximum amount of 200 million euros. The bonds are quoted on Alternext Brussels.

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Press Release, May 15, 2013

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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