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  • 31 March 2019
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (March 25-31, 2019).   Van Oord Announces Recovery of Revenue in 2018 Van Oord has released their 2018 business results, saying that they recorded EUR 1.88 billion in revenue (2017: EUR 1.53 billion) with a net profit of EUR 92 million […]

  • 24 February 2016
    Business & Finance

    The Hollands Noorderkwartier district water board has awarded a contract to reinforce the Wadden Sea dike on the Dutch island of Texel to “Combinatie Tessel”, a consortium consisting of Boskalis and KWS, a VolkerWessels company. The contract carries a value of EUR 70 million, of which Boskalis’ share is EUR 50 million. Large parts of […]

  • 22 March 2015
    Business & Finance, Project & Tenders

                    Exclusive Update: DEME’s Dredgers at New Suez Canal  DEME, an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development, etc. has announced that their part of dredging works on the New Suez Canal are on schedule and 50% […]

  • 31 January 2013

    With reference to the press release of 30 January 2013, in which Boskalis announced its decision to make an all cash mandatory public offer for all the issued and outstanding ordinary shares of Dockwise at a price of EUR 18.50 per share cum dividend, which equals NOK 137 as per the date of this announcement, […]

  • 4 October 2019
    Business & Finance

    Over EUR 117 million has been allocated to 39 key transport projects by the EU, aimed at filling the gaps in missing connections across the continent while at the same time keeping a strong focus on sustainable transport modes.  The projects, supported through the Connecting Europe Facility (CEF), among other things, are dedicated to upgrading […]

  • 19 April 2016
    Business & Finance

    Two major construction projects, totaling EUR 62 million, will start this month at the Port of Rauma, Finland. The port, in cooperation with the Finnish Transport Agency, will increase the maximum authorized draught of Rauma channel from 10 meters to 12 meters. WASA Dredging is the principal contractor appointed for the channel deepening project. The company will use […]

  • 14 April 2020
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) has refinanced its revolving credit facility (RCF) providing the company with EUR 500 million committed bank financing until April 2025. The new facility was coordinated by ING Bank and is provided by a syndicate of seven banks (ABN AMRO Bank, BNP Paribas, HSBC, ING Bank, MUFG, Rabobank and NatWest). With […]

  • 12 March 2014
    Business & Finance, Equipment, Technology

    Van Oord had a better business result in 2013 than in 2012. The year closed with an almost equal turnover of EUR 1,641 million (2012: EUR 1,676 million). At EUR 130 million, the net profit was considerably higher than in 2012 (EUR 98 million), and the company’s order portfolio was similar to the previous year. […]

  • 6 April 2020
    Business & Finance

    Nordic Investment Bank (NIB) and the Klaipeda State Seaport Authority (KSSA) have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. According to their official announcement, NIB’s credit facility of EUR 68 million will finance the reconstruction of several quays at the Port of Klaipėda. The project includes extension of the […]

  • 6 February 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (“Boskalis”) announces that it has acquired 3,390 ordinary shares in Dockwise (the Shares) in the course of trading yesterday. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum price of EUR 18.50 per Share. Boskalis now holds […]

  • 27 September 2013

    The Catalan President Artur Mas has met today with Giora Israel (Senior Vice President) and Michel Nestour (Vice President) from Carnival Corporation & plc and four senior executives from some of Carnival Corporation & plc brands at the Palau de la Generalitat, the seat of Catalonia’s regional government, with Barcelona’s Mayor Xavier Trias and the President of the Port […]

  • 22 August 2019
    Business & Finance

    Royal Boskalis Westminster N.V. today released half-year results for the period ending 30 June 2019, reporting total revenue of €1.27 billion. The company realized a net profit of €1.3 million in the first half of the year (H1 2018: negative €361.4 million). According to Boskalis, revenue in the first half of the year increased 8.6% compared […]

  • 31 May 2013
    Business & Finance

    On 8 May 2013 the dividend of Royal Boskalis Westminster N.V. for 2012 was set at EUR 1.24 per ordinary share with a choice of stock or cash dividend. With the dividend distribution as stock, shareholders will receive 1 new ordinary share per 25 dividend rights of ordinary shares. The conversion rate has been based […]

  • 30 November 2016
    Business & Finance

    A ceremonial handover of the agreements concluded between the Port of Gdansk Authority SA and the European Commission took place at the seat of the Ministry of Development in Warsaw last week. The agreements concern the award of an EU grant from the Connecting Europe Facility (CEF) for three projects – two investment projects and […]

  • 15 February 2013
    Business & Finance

    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 […]

  • 3 January 2020
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) was recently awarded a contract for design and construction of the Pasay Reclamation Development Project in Manila Bay, Philippines. The project will be jointly developed by Boskalis and China Harbor Engineering Company Ltd (CHEC). The scheme has an estimated value of approximately $720 million (EUR 650 million) of which Boskalis’ […]

  • 8 November 2010

    The Chilean Molymet group, a multinational in the metal and steel sector, is to invest 14 million euros in its Ghent outfit Sadaci, it was… (mediargus) [mappress] Source: mediargus, November 9, 2010;

  • 25 October 2010

    Saipem has been awarded new offshore contracts worth approximately 700 million euro. In Nigeria, Saipem has been awarded a subcontract for the Critical Crude Pipeline Replacement Project. The awarded scope of work encompasses fabrication, transportation, installation and testing of the replacement of 6 pipe lines (having a diameter ranging between 10 and 24 inches) connecting […]

  • 9 November 2018
    Business & Finance

    Royal Boskalis Westminster N.V. saw revenue increase in the third quarter compared to the quarterly average for the first half of the year. The operating profit (EBIT adjusted for extraordinary charges) also increased compared to the quarterly average for the first half of the year and the order book stood at EUR 3.8 billion, virtually […]

  • 16 February 2015
    Business & Finance, Equipment, Technology

    DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Foremost important is a Letter of Award received in Singapore. The Maritime and Port Authority of Singapore has awarded Dredging International Asia Pacific Pte Ltd – Daelim Industrial Co […]

  • 1 August 2011
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. (Boskalis) has won a contract for the construction of a new port terminal TX2 at Superporto do Açu. The Açu Superport industrial complex in the north of Rio de Janeiro state is the largest port-industry enterprise in Latin America and is expected to become one of the largest port complexes in […]

  • 23 September 2011
    Business & Finance

    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. […]

  • 5 February 2014
    Business & Finance, Equipment, Technology, Vessels

    IHC Merwede has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be supplied by IHC Beaver Dredgers and a cutter […]

  • 16 November 2012
    Business & Finance

    Royal Boskalis Westminster N.V. has concluded a good third quarter. Revenue and profit was higher than in the first half of 2012 against stable market conditions. The order book increased in recent months and stood at a new record high of EUR 4 billion at the end of the third quarter. Based on current insights, […]

  • 13 May 2020
    Business & Finance

    The first quarter of 2020 was above expectations for Royal Boskalis Westminster N.V. (Boskalis). In light of the worldwide developments of the COVID-19 virus, Boskalis closed a good first quarter. According to the company, a modest increase in revenue was accompanied by a higher result compared to the same period last year. The order book […]

  • 5 June 2015
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis), global dredging and marine expert, has declared dividend of EUR 1.60 per ordinary share for the financial year 2014. 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 […]