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Boskalis complete sale of its equity stake in Saam Smit Towage to SAAM for USD 200 million

Boskalis complete sale of its equity stake in Saam Smit Towage to SAAM for USD 200 million Papendrecht, 30 October 2019 Royal Boskalis Westminster N.V. (Boskalis) has completed the sale of its equity stake in Saam Smit Towage to SAAM S.A. (SAAM). The intended sale was announced on 11 February... in a pre tax book gain of slightly more than EUR 40 million. The activities and results of Saam Smit Towage were deconsolidated as per 1 January 2019

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Boskalis towage joint venture Keppel Smit Towage names first LNG powered harbor tug in South East Asia

Boskalis towage joint venture Keppel Smit Towage names first LNG powered harbor tug in South East Asia Papendrecht, 25 April 2018 Royal Boskalis Westminster (Boskalis) joint venture Keppel Smit Towage has today named its first innovative LNG dual-fuel harbor tug. The tug will shortly enter... Maritime R&D and Technology Award at the 2015 Singapore International Maritime Awards. Mr Romi Kaushal, Managing Director of Keppel Smit Towage stated

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Press release

Boskalis offers solution to SMIT Pension Fund

Boskalis offers solution to SMIT Pension Fund Papendrecht, 18 November 2010 Boskalis proposal to SMIT Pension Fund One-off voluntary deposit...' Council and the Accountability Board of the SMIT Pension Fund aimed at preventing a reduction in pension entitlements from 1 January 2011. The proposal encompasses a one-off voluntary deposit by Boskalis to the SMIT Pension Fund of approximately 30 million. This deposit will bring the SMIT Pension

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Press release

Boskalis sells terminal activities to Lamnalco for USD 450 million

an agreement with The Rezayat Group of Saudi Arabia (Rezayat) to sell SMIT's terminal and AHTS transport activities to Lamnalco Ltd (Lamnalco... cash sum equaling around 75% of this consideration. Lamnalco will acquire all of SMIT's terminal activities, with the exception of the terminal activities of Rebras (Brazil) and of the joint ventures in Egypt, and Singapore (Keppel-SMIT). In addition Lamnalco will take over eight L-class AHTS

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Boskalis/SMIT removes ship wrecks in the Dutch section of the North Sea

Boskalis/SMIT removes ship wrecks in the Dutch section of the North Sea In the Dutch section of the North Sea are four wrecks of sunken ships that are forming an obstruction to shipping. Rijkswaterstaat, the Dutch Ministry of Infrastructure and the Environment, has ordered the complete removal.... This will speed up the flow of shipping, improve access to the Dutch seaports and make the waterways safer. Boskalis/SMIT will be responsible for clearing

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First tug in the port of Rotterdam fuelled with GTL

First tug in the port of Rotterdam fuelled with GTL The Boskalis vessel the SMIT Elbe in the port of Rotterdam has become the first tugboat in the Netherlands to be fuelled with Shell GTL. GTL, which stands for gas-to-liquids, is a liquid fuel made from natural gas converted into synthetic diesel. GTL produces far fewer nitrogen oxide, sulphur dioxide, fine dust particles and black smoke emissions than regular diesel. The SMIT Elbe will run

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