Search results for: Boskalis

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A list of search results

  • 3 August 2017
    Business & Finance, Project & Tenders

    Works are progressing well at the Peterhead Harbor deepening project, McLaughlin & Harvey reported today. The company, together with joint venture partner Boskalis Westminster, is carrying out strengthening and deepening of quay walls within the port. The project also includes 430,556sqft land reclamation with revetment, widening of the harbor entrance, and demolition works. The harbor […]

  • 3 August 2017
    Business & Finance, Equipment, Technology

    Boskalis Plastic Bomb Grid has been nominated for the IADC – International Association of Dredging Companies – Safety Award 2017. The presence of unexploded ordnance (UXO) and the high risk of explosions is a pervasive hazard to dredging activities. To minimize damage which can be caused to a hopper dredger’s drag head, a steel bomb grid is […]

  • 19 July 2017
    Business & Finance

    Boskalis has been awarded a contract by Ports of Stockholm to construct the quay wall for the new Stockholm Norvik Port in Sweden. The project, worth approximately EUR 60 million, is set to begin in the autumn of 2017 and should be completed in the spring of 2020. Stockholm Norvik Port, the new freight port […]

  • 13 July 2017
    Business & Finance

    Boskalis has been awarded a Letter of Intent (LOI) in joint venture with Van Oord for rock placement services for the Nord Stream 2 project. The award was made by the project developer Nord Stream 2 AG and is a part of the construction of the planned twin 1,200 kilometer gas pipelines running through the […]

  • 11 July 2017
    Business & Finance

    The Port of Rotterdam Authority and PUMA signed the contract for the construction of the site of the Offshore Center. PUMA (Projectorganisatie Uitbreiding Maasvlakte, Project Organisation Expansion Maasvlakte) is a joint venture of the two Dutch hydraulic engineering firms Royal Boskalis Westminster NV and Van Oord NV for the construction of the first phase of […]

  • 3 July 2017
    Business & Finance

    Boskalis is starting a share buyback program to reduce the capital outstanding with the intention to neutralize the dilution resulting from the distribution of the 2016 stock dividend. On 6 June, Boskalis issued over 3.2 million new shares as stock dividend which at that time represented a value of over EUR 100 million. The intention is to […]

  • 2 July 2017
    Business & Finance

    Boskalis’ mega cutter Helios was named and christened during a festive ceremony yesterday in the Port of Rotterdam, the Netherlands. The Helios is the largest and most powerful cutter suction dredger Boskalis has ever developed, the company said in its release. The self-propelled Helios is 152 meters long and has a breadth of 28 meters […]

  • 23 May 2017
    Business & Finance, Project & Tenders

    A joint venture between Boskalis Westminster and McLaughlin & Harvey has begun dredging at Peterhead Harbor. Overall, the £50 million worth North Harbor development project includes strengthening and deepening of quay walls within the port as well as 430,556sqft land reclamation with revetment, widening of the harbor entrance, and demolition works. According to the Peterhead Harbor, […]

  • 15 May 2017
    Business & Finance

    Boskalis has completed the previously announced study into the costs of its head office organization, which will target total cost savings of EUR 30-35 million – resulting in the loss of around 230 jobs. This restructuring is part of the Corporate Business Plan 2017-2019 which Boskalis presented at the start of the year and will be […]

  • 10 May 2017
    Business & Finance

    Royal Boskalis Westminster N.V. has just released its latest trading update, saying that the market picture for the coming period would be characterized by continued lower volumes of work and pressure on both utilization levels and margins. Compared to the same period last year, revenue declined at virtually stable fleet utilization rates. Weak market conditions resulted […]

  • 13 April 2017
    Business & Finance, Project & Tenders, Vessels

    Royal Boskalis Westminster N.V. has just announced an order for a new self-propelled cutter that will be built by Dutch contractor Royal IHC. According to Boskalis, the newbuild will be a sister vessel of the CSD ‘Helios’ which will be taken into service later this year. The new vessel will have a total installed power of […]

  • 3 April 2017
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) in joint venture with Jan De Nul has acquired a contract with port operator Jawaharlal Nehru Port Trust for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai, India. The contract carries a value of approximately EUR 250 million with a 50% share for Boskalis. […]

  • 8 March 2017
    Business & Finance

    Boskalis has just announced that they achieved an operating net profit of EUR 276 million in 2016. Including non-cash impairment charges of EUR 840 million after tax the company reported a net loss of EUR 564 million (2015: net profit of EUR 440 million). Revenue declined by 20 per cent to EUR 2.60 billion (2015: EUR 3.24 billion). Adjusted for consolidation, […]

  • 7 March 2017
    Business & Finance, Project & Tenders

    The Port of Dover and its principal contractor, VolkerStevin Boskalis Westminster (VSBW), will be sponsors of the upcoming Dover Jobs Fair. The fair, organised by MP Charlie Elphicke, will take place at Dover Town Hall on Friday 17th March between 10am – 3pm. Tim Waggott, Chief Executive of the Port of Dover, said: “The Port […]

  • 8 February 2017
    Business & Finance

    Boskalis has just confirmed that they will take part in the capital and maintenance dredging of the Brazilian Port of Santos, the largest port in Latin America.  The project will be undertaken in a joint venture with Van Oord, Boskalis said. The contract carries a total value for the joint venture of approximately EUR 110 million. In […]

  • 2 February 2017
    Business & Finance

    Dutch dredging contractor Boskalis has just announced that they will process all bottom ash produced by Attero for a period of ten years. The contract was awarded to ACCN (Ash Cleaning Company Netherlands), a joint venture between Boskalis Environmental and Inashco. The total value of the contract will be in excess of EUR 100 million […]

  • 16 January 2017
    Business & Finance

    Boskalis has received a Letter of Intent to Award (LOI) a contract for the development of the Port of Duqm in Oman. The contract with a value of approximately EUR 480 million will be awarded by Sezad (Special Economic Zone Authority Duqm) and includes the engineering, design, procurement and construction of a bulk liquid berth terminal. […]

  • 12 January 2017
    Business & Finance, Project & Tenders

    Boskalis has over the last couple of weeks acquired a number of medium sized and various smaller projects in the Netherlands with a combined contract value of more than EUR 200 million. Today, the Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat) announced that it intends to award the contract for the canal expansion Twentekanalen […]

  • 9 January 2017
    Business & Finance, Project & Tenders

    The first stage of the Port of Dover’s flagship Dover Western Docks Revival (DWDR) development project is now officially underway. The port recently appointed VSBW, a joint venture between VolkerStevin and Boskalis Westminster, to deliver the marine structures and bridge works. With a contract value of £115 million, this stage will include the design and construction of […]

  • 21 December 2016
    Business & Finance, Equipment, Technology, Vessels

    Rotterdam Offshore Group (ROG) has completed the conversion of Boskalis’ multi-purpose vessel (MPV) Ndeavor. The vessel, built in 2013, has the length of 99m, beam of 30m, and gross tonnage of 7413 ton. Prior to the conversion, the MPV was equipped with rock dumping equipment. This included 8 stone holds weighing 180 ton each, which […]

  • 21 December 2016
    Business & Finance, Project & Tenders

    The Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat) is about to award contract for the reinforcement of the Houtrib dike to Van Oord and its partner Boskalis. The contract carries a value of EUR 90 million with the equal share of EUR 45 million going to the two contractors. According to Van […]

  • 20 December 2016
    Business & Finance

    VBMS, a subsidiary of Royal Boskalis Westminster N.V., completed earlier this month the installation of two 16 kilometer-long 150kV HVAC cables for the Rampion offshore wind farm, situated off the coast of Worthing, UK. To overcome some environmental challenges in this very shallow water, VBMS had to extend the pre-installed landfall HDD’s with duct extensions […]

  • 6 December 2016
    Business & Finance, Research & Development

    Chatham Rock Phosphate and its technical partners Boskalis and Deltares have received a Dutch government research funding to improve the environmental management of marine mining. This co-funding has been awarded by the Netherlands based Topsector Water TKI Delta technology. The increased global interest in the economic and environmental outcomes of marine mining for resources such […]

  • 25 November 2016
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. has been awarded a contract by Açu Petróleo S.A. (joint venture company of Prumo Logística S.A. and Oiltanking Gmbh) for the expansion of the Porto do Açu Oil Transhipment Terminal in Rio de Janeiro State, Brazil. The contract has a total value of approximately EUR 120 million. The expansion comprises the […]

  • 21 November 2016
    Business & Finance

    Boskalis, as one of the partners in the Ecoshape consortium, has embarked on a five-year Building with Nature project to halt coastal erosion in northeast Java, Indonesia. More than six thousand villages (thirty million people) on Indonesia’s enormous coastline could be washed away. Hard defenses in the form of dikes are pointless on muddy coasts […]

  • 17 November 2016
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. has just launched the fourth edition of its Creating New HORIZONS magazine. “In our magazine we offer fresh perspectives from external experts and present projects and approaches that push back operational and technological boundaries,” Boskalis said. In this new edition energy expert and former Shell CEO Jeroen van der Veer shares […]