Boskalis posted a strong financial performance in 2025: the full-year group revenue, EBITDA and yearend orderbook were all slightly higher than the all-time highs in 2024. Revenue amounted to EUR 4.5 billion, an increase compared to 2024, with growth contributions from both the Offshore Energy and T
Almost 100 Dutch ships are stuck in the Persian Gulf because of the war between the United States and Israel on one side and Iran on the other, Dutch ship owners association KVNR has told the Financieele Dagblad. According to Dutch News, the vessels are mainly operated by dredging companies such as
DEME Group said today that their Dredging & Infra segment maintained strong activity overseas in 2025. In the Middle East, projects in Saudi Arabia and Egypt progressed well, combining capital dredging, land reclamation and dry earthmoving works. In Africa, the segment continued with maintenance and
DEME Group released its full-year results 2025 today, achieving a record EBITDA of over 930 million euros, corresponding to an EBITDA margin of 22.4% Group turnover for 2025 was 4.2 billion euros compared to 4.1 billion euros a year ago. The Offshore Energy segment turnover rose 4% year-over-year, d
Marine works on Palm Jebel Ali in Dubai, conducted by Jan De Nul Group’s giant trailing suction hopper dredger (TSHD) Charles Darwin, are in full swing. “The Palm Jebel Ali project stands as a powerful example of how Belgian know-how in dredging, coastal protection and land reclamation contributes t
Union Dredgers and Marine Contracting (UDMC) has started dredging works for an ongoing project at Palm Jebel Ali, covering Fronds A to G. According to Union, the project includes the supply and installation of stormwater outfall pipelines along with a specialized outfall structure to improve water m
Herman Senior said that the progress on its new DP2 Multi-Purpose Vessel (MPV) Smokey continues steadily and according to schedule. Major steel structures are now clearly taking shape, with key sections of the hull and internal framework progressing smoothly in the Albwardy Damen yard. The build is
Abu Dhabi-headquartered NMDC Group signed a contract with Pasay Harbor City Corporation (PHCC) in October 2025 to carry out large-scale dredging and land reclamation in Manila Bay, marking the company’s first major project in the Philippines. With a total value of $610.1 million, NMDC Group will und
Chairman of the Suez Canal Authority (SCA) Osama Rabie met with President of the Saudi Ports Authority Suleiman bin Khalid Al-Mazroua yesterday to discuss prospects for future cooperation, including dredging, logistics services, shipbuilding and port operations. At the meeting, Rabie expressed hope
NMDC Group today posted a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.8 billion), up 10 percent y-o-y, with the UAE representing 81 percent of total revenues and international markets representing the remaining 19 percent. According to NMDC, net profit surged
NMDC Dredging and Marine has just released a video of a keel laying ceremony of their new AED 618 million ($168.3 million) self-propelled cutter suction dredger (CSD). With an overall length of 148 meters and total installed power of 30,440 kilowatts, the vessel is set to further enhance NMDC’s mari
NMDC Group has moved to strengthen its dredging capacity with the addition of a new AED 618 million ($168.3 million) self-propelled cutter suction dredger (CSD). With an overall length of 148 meters and total installed power of 30,440 kilowatts, the vessel will further enhance NMDC’s marine dredging
