Drydocks World Starts Bokalift 2 Conversion for Boskalis
Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B.V.The shipyard will convert the drillship YAN into an offshore installation vessel named Bokalift 2. The Bokalift 2 is designed to carry out a variety of offshore operations including the transport and installation…
Boskalis Inks Pact with Saudi Aramco
Dutch offshore services provider Royal Boskalis Westminster has been selected as a contractor on Saudi Aramco's Long Term Agreement (LTA) for Offshore Facilities program.Boskalis acquired the agreement in consortium with the United Arab Emirates-based company Lamprell."The LTA is part of an ambitious offshore investment program and covers engineering, procurement, construction, transportation and installation (EPCI) contracts to support Saudi Aramco's Offshore Maintain Potential Program…
Boskalis Profits Fall, Fleet Cut on Weak Oil
Marine construction company Boskalis expects a drop in net profit this year as depressed commodity prices hit demand for oil-related infrastructure, it said on Wednesday. Its shares fell 10 percent to 32.42 euros in early trading. "Volumes and prices are under pressure, which is also translating into our order book," Chief Executive Peter Berdowski said in a statement. Boskalis's order book fell to 2.49 billion euros ($2.7 billion) at the end of 2015 from 3.29 billion in December 2014.
Boskalis Strengthens Position in Offshore Wind Market
Royal Boskalis Westminster N.V. (Boskalis) has signed a Letter of Intent (LOI) to acquire offshore activities from VolkerWessels. Under the intended transaction, Boskalis will acquire maritime and offshore wind energy related activities of VolkerWessels, being VBMS, Stemat and VSI (Volker Stevin International). Peter Berdowski, CEO Boskalis, "For many years we have been working closely and constructively together with VolkerWessels both on- and offshore. Over the last couple of years…