Boskalis and Kotug Establish European Harbour Towage JV
Royal Boskalis Westminster N.V. (Boskalis) and KOTUG International B.V. (KOTUG) have reached agreement on the merger of their European harbour towage operations. The Memorandum of Understanding signed by the parties in late 2014 has now been formalized following a thorough process. The combined operations will be transferred to a 50/50 …
Boskalis: Very Busy First Half Year with Historically High Profit
Highlights of first half 2015 Revenue: EUR 1.6 billion EBITDA: EUR 500 million Net profit: EUR 307 million Order book: EUR 3.0 billion Outlook 2015 Dredging: stable market with lower utilization rate in the second half year, partly due to postponed vessel maintenance from the first half Offshore Energy: more …
Boskalis Posts Record Net Profit of EUR 490 million
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR …
Boskalis: Acquires 14% Stake in Fugro
Royal Boskalis Westminster N.V. (Boskalis) has acquired a 14.8% stake in Fugro N.V. Boskalis views Fugro as an interesting company with activities that fit very well with its own activities. Boskalis wants to enter into a dialogue with Fugro to explore possible options for cooperation. Boskalis stresses that it has …