Royal Boskalis Westminster N.V. (Boskalis) has concluded a good half year with a strong increase in earnings despite ongoing COVID-19 related restrictions. Compared to last year, revenue increased by 4.6% to EUR 1.32 billion (H1 2020: EUR 1.26 billion). Adjusted for (de)consolidation and currency ef
The Environment Agency has announced their plans to invest £176.5 million in the South East flood protection schemes in 2021/22. These investments in more than 200 schemes will better protect homes and businesses in the South East from future flooding and coastal erosion. The funding is part of plan
Thousands more homes and businesses are to be better protected from flooding and coastal erosion, as part of plans published today by the Government outlining a record £5.2 billion of investment over the next six years. More than £860 million will be spent in 2021-22 boosting design and construction
Nordic Investment Bank (NIB) and Kemin Satama Oy have signed a 13-year loan that will finance the deepening of the Ajos Port from 10 to 12 metres, including fairway and basin dredging. According to NIB, the EUR 21 million loan will also help finance the building of a new 400-metre quay, and investin
The registration for Offshore Energy Exhibition & Conference 2021 is now live! The event, to be held on 26 & 27 October in Amsterdam RAI, the Netherlands, will attract thousands of offshore professionals and hundreds of exhibiting companies. Offshore Energy Exhibition & Conference (OEEC) looks forwa
In 2020, Jan De Nul Group achieved an annual turnover of more than 1.9 billion euros with EBITDA reaching 344 million euros, i.e. 18% of the turnover, a performance in the lead group of the industry. JDN stays ahead thanks to its ultra-strong balance profile, with equity capital in excess of 2.9 bil
The General Meeting of Shareholders of Van Oord N.V. was held on 15 April 2021, during which the 2020 Annual Report was presented. In the Annual Report, Van Oord looked back on a challenging year, providing an overview of the results achieved in 2020, and their strategy. “Our company had one of the
DP World announced today that Southampton, Britain’s second largest container terminal, will benefit from a major programme of investment in 2021. According to the company, the programme is designed to take the Southampton terminal up to the next level as a premier international freight and logistic
Anthony D Bates Partnership (ADBP) is celebrating a major milestone in its history – they recently reached the landmark of its 600th dredging consultancy project. According to Colm Sheehan, Partner – Dredging Consultant at ADBP, the honour of receiving the prestigious job number of 600 has fallen to
Even though 2020 was a challenging year, Van Oord managed to achieve a higher revenue, strong operational results, a relatively stable EBITDA, and a very strong cash performance. According to the release, with the excellent work of its people, Van Oord have realised a solid financial performance. Th
The budget for dredging works at the access canal to the Bechevinskaya Bay – under the NOVATEK’s LNG terminal project – has almost doubled to RUB 19 billion, said Zakhary Dzhioyev, Deputy Head of the Federal Marine and River Transport Agency at the 4th International Congress “Hydraulic Engineering S
Royal Boskalis Westminster N.V. (Boskalis) has reported a strong set of results in 2020, both operationally and financially. According to the company, Boskalis has exceeded expectations in what has proven to be a very turbulent and challenging year with an EBITDA of EUR 404 million. Net operating pr
Royal IHC and Royal Doeksen yesterday reached an agreement on the acquisition of all shares in Vuyk Engineering Rotterdam. In mid-2020, IHC presented their new strategy going back to its core business. As a result of this new strategy it was decided that Vuyk, among other companies, would be diveste
Despite witnessing a downfall in 2020 due to the onset of the COVID-19 pandemic, the dredging market is gradually recovering, and is projected to exhibit steady growth over the coming years, reports the Fact.MR. For example, the United States passed the Coronavirus Aid, Relief, and Economic Security
