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Press release

Boskalis Works Council renders positive advice on fleet rationalization plan

Boskalis Works Council renders positive advice on fleet rationalization plan Papendrecht, 19 September 2016 Royal Boskalis Westminster N.V. (Boskalis) announces that its Works Council has unanimously rendered a positive advice on the fleet rationalization plan announced early July. Part... vessels will be taken out of service in the coming two years resulting in the loss of approximately 650 jobs worldwide. Furthermore, Boskalis has reached

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Press release

Boskalis sells stake in SMIT Amandla Marine

Boskalis sells stake in SMIT Amandla Marine Papendrecht, 1 December 2016 Royal Boskalis Westminster N.V. (Boskalis) has successfully completed... investors, thereby returning the business of SAM to 100% South African ownership. Boskalis received a cash sum of approximately EUR 50 million for the sale. The activities and results of SAM will be deconsolidated with effect from 1 December 2016. Following the sale, Boskalis will continue

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Press release

Boskalis reviewing position in Smit Lamnalco

Boskalis reviewing position in Smit Lamnalco Papendrecht, 15 December 2021 Boskalis announces that it has embarked on a review of its position as shareholder in the strategic joint venture Smit Lamnalco. Boskalis has held a 50% stake in Smit Lamnalco since 1964 with the remaining shares held by The Rezayat Group, whom is also reviewing its position. An update of this review will be provided by Boskalis as soon as there is reason to do so

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Press release

Boskalis takes on its hundredth offshore windfarm project

Boskalis takes on its hundredth offshore windfarm project Papendrecht, 16 January 2023 Boskalis has acquired the contract to construct a large offshore windfarm off the United States coastline. The Boskalis project scope includes the transportation and installation of the wind turbine... for Boskalis as this is the 100th offshore windfarm project that Boskalis has worked on over the past decade. The award of this project follows a busy

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Press release

Boskalis to construct second artificial residential island in Panama

Boskalis to construct second artificial residential island in Panama Papendrecht, 16 March 2015 Royal Boskalis Westminster N.V. (Boskalis) has been... Pacifica in Panama City. This project follows the successful construction of the first island by Boskalis, which was handed over to the client in early... is an affiliated company of Ocean Reef Island Inc for which Boskalis constructed the first artificial island. Boskalis will use tugboats and barges to transport

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Press release

Boskalis refinances its revolving credit facility with a new EUR 500 million facility

Boskalis refinances its revolving credit facility with a new EUR 500 million facility Papendrecht, 14 April 2020 Royal Boskalis Westminster N.V. (Boskalis) has refinanced its revolving credit facility (RCF) providing the company with EUR 500 million committed bank financing until April 2025... and NatWest). With the new five-year facility with improved terms, Boskalis refinances its current RCF which was due to mature in August 2021. Within

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