Van Oord said in their latest business report that the results for the Dredging Segment were satisfactory, with the 2021 market recovery continuing into 2022. Consequently, revenue increased from EUR 727 million in 2021 to EUR 892 million in 2022, with increased capacity utilisation of the suction h
Dredging plays a crucial role in coastal infrastructure projects and guarantees the navigability of waterways and port access. It is crucial to understand how the process of dredging can be performed safely, efficiently and cost-effectively in combination with attention to the marine ecosystem and i
International Association of Dredging Companies (IADC) has published the latest issue of the Terra et Aqua magazine. As always, Terra et Aqua talks about the dredging projects as well as the topics of safety, socio-economics, technical innovations and the environment. The spring issue #169 includes
The principal strategic objective of Boskalis is the creation of long-term sustainable profitability. “The systematic execution of the corporate strategy, that is reviewed regularly in light of relevant developments, is key to our success. Our sustainability strategy is derived from the corporate bu
Neom is not a city. It is a place that will be made up of a number of regions – including the linear city The Line, center for advanced and clean industries Oxagon, the mountain destination Trojena and the luxury island resort Sindalah. Neom is arguably the world’s largest and most controversial arc
Boskalis has won a contract for a Red Sea port development to service a new futuristic city in Saudi Arabia – Neom. Early 2023, the Dutch giant was awarded “a significant contract for the development of a port on the Red Sea coastline of Saudi Arabia as the first step in the development of a [&helli
Boskalis concluded 2022 with a sharp increase in profitability with a strong increase in revenue. Compared to last year, revenue increased by 21.0% to EUR 3.58 billion (2021: EUR 2.96 billion). Also, EBITDA increased by 30.7% to EUR 604 million (2021: EUR 462 million) and operating profit increased
Russia’s port infrastructure will see a massive development in the coming years – there are infrastructure projects covering all waterways of the country. According to the Port News, in the North-West Region, Russia will build up the capacity of dry bulk terminals. In the Kaliningrad Region, the con
Earlier this week, DEME Group released the full year results for the last year. In their official statement, they said that the Dredging & Infra segment achieved a turnover of 1,524 million euro year-to-date, 3% higher than a year ago. While the orderbook decreased 8% it is still at a solid level of
Demcon Unmanned Systems and Van Oord have signed a Strategic Partnership Agreement. The new deal will strengthen the relationship by further alignment on key strategic topics and building a long-term sustainable partnership, the companies said. Demcon and Van Oord have already collaborated for sever
DEME Group has just released the full year results for the last year. According to their official statement, DEME achieved two records in 2022: an orderbook of more than 6 billion euro and an all-time high turnover at 2,655 million euro, an increase of 6% year-over-year. There was healthy demand in
Professionals in the fast changing world of finance, dredging or related sectors visited the IADC conference “Financing Sustainable Marine and Freshwater Infrastructure” which was held on 9 February 2023 in Dubai. All participants recognised the importance of sustainable projects. Investors have gre
Russia experienced a considerable increase in the costs of dredging works in 2022. The main reason for this is the withdrawal of top European dredging companies from the Russian market, said Andrey Boldorev, Head of the Department for Investments and Strategic Development, FSUE Rosmorport, at the 6t
Damen Shipyards today invited members of the Bangladeshi maritime community to join the company’s experts for the seminar to be held in the evening of 6th of March 2023 at the Amari hotel in Dhaka, Bangladesh. There, local operators from the private and public sectors will have the opportunity to fi
