Boskalis Acquires Horizon
Horizon Group (Horizon) from the United Arab Emirates. Horizon's main activities include marine geophysical surveys and geotechnical services."Through this transaction, we are adding an important strategic position to our existing marine survey and subsea geotechnical business," said Peter Berdowski, CEO Boskalis. "Horizon is a market leader in the Middle East and we are committed to continuing and expanding the high quality of services they deliver to their clients. Furthermore, Horizon with its strong market position in the Middle East, makes this addition highly complementary to
Ocean Cleanup Prototype Set for a Test Run
its North Sea prototype today in the presence of The Netherlands government, as well as the main sponsor Boskalis, who will transport and install the prototype this week. “It has been inspiring to work with The Ocean Cleanup team to optimize the engineering of the barrier,” said Peter Berdowski, CEO of Boskalis. “Now that everything is ready, we are looking forward to the really exciting next step, with the transportation and installation of the barrier.” To validate the survivability of the system, a 100-meter-long segment of the floating barrier will be deployed in
Boskalis Posts Highest Profit
. At the end of the first half of the year the order book stood at EUR 2,963 million (end-2014: EUR 3,286 million). The decline in the order book is mainly attributable to the execution of the sizable Suez Canal project and the sale of the activities of De Jong at the beginning of the year. Peter Berdowski, CEO Boskalis, "Once again we can look back on a fantastic first half of the year with historically high EBITDA of half a billion euros. We are especially proud of the successful execution and swift realization of the Suez Canal project, which was on an unprecedented scale and had to be
Boskalis Intends to Buy Dockwise
;I project in Australia. Furthermore, Boskalis sees potential for a broader deployment of the vessels of Dockwise within the group for the benefit of dredging-, offshore- and salvage projects. The acquisition will lead to a strong increase of the EBITDA and will be earnings per share accretive. Peter Berdowski, CEO Boskalis comments: "Combining Boskalis and Dockwise offers advantages and new opportunities for both companies. The combination creates a world class maritime player, well positioned for the offshore energy market. This step fits in our growth strategy aimed at broadening our service
Boskalis Reports Record Revenue & Order Book
. The decline was largely due to lower results at the Dredging, Maritime Infrastructure and Dry Infrastructure segments. Conversely, Harbour Towage and Salvage, Transport & Heavy Lift had a good first half of the year with a high level of activity and a rise in operating result. Peter Berdowski, CEO of Boskalis: "In the prevailing market we had a fine performance in the first half of the year with record revenue and an all time high order book. In addition, the utilization level of the dredging fleet was good. We are clearly reaping the benefits of the addition of SMIT - both
February 2025
