BOKA Koninklijke Boskalis Westminster N.V.

Boskalis awarded EUR 85 million worth of coastal protection contracts in Europe

Boskalis awarded EUR 85 million worth of coastal protection contracts in Europe

Papendrecht, 12 September 2019

Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts aimed at strengthening and protecting a stretch of seafront coastline from erosion in the United Kingdom and Romania. The contracts carry a combined value of approximately EUR 85 million.

Boskalis has been awarded a contract by Portsmouth City Council to construct new sea defenses in Southsea near Portsmouth in the south of the United Kingdom. The project will be executed in joint venture with VolkerStevin and will provide flood protection to thousands of households and businesses along a 4.5-kilometer-long stretch of coastline. As part of the project Boskalis will deploy a large trailing suction hopper dredger to replenish the beach and will construct revetments using rock barges. Pre-construction works will commence immediately with project execution expected to start early 2020 for a period of five years.

In addition, Boskalis has acquired a contract in Romania from the Romanian Water Administration to preserve the coastline of Mamaia, Constanta. For this project Boskalis will dredge four million cubic meters of sand using a large trailing suction hopper dredger and replenish the beach over a length of seven kilometers to create a 100-meter-wide beach. This protection is aimed at preventing further coastal erosion and to maintain a fixed coastline. It forms part of a large European Investment Bank program focusing on the protection and rehabilitation of coastal areas. Pre-construction works including the finalization of the design and engineering will commence immediately. The execution of the works will start in the first half of 2020 and will be completed in 2021.

‎ ‎

FOR FURTHER INFORMATION

Investor relations:

Martijn L.D. Schuttevâer

Press:

Arno Schikker

T



Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 800 vessels and floating equipment and 10,500 employees, including associates, Boskalis is creating new horizons around the world.

This press release can also be found on our website .

Attachment

EN
12/09/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Koninklijke Boskalis Westminster N.V.

MarketLine Department
  • MarketLine Department

Caverion Corp - Company Profile and SWOT Analysis

Summary Caverion Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Caverion Corp (Caverion) is a provider of technical solutions for buildings and industries. It involved in designing, building, operating and maintaining of buildings, industries and infrastructure throug...

 PRESS RELEASE

Last trading day Boskalis shares

Last trading day Boskalis shares Papendrecht, 8 November 2022 Royal Boskalis Westminster N.V. (Boskalis) announces that today marked the last trading day of Boskalis shares on Euronext Amsterdam. The delisting is the outcome of a successful public offer and follows a public listing of more than half a century. Boskalis will continue as a private company and its focus as a dredging and marine expert will remain unchanged on the successful execution of its strategy that concentrates on constructing innovative infrastructure, facilitating the energy transition and protecting people and natur...

 PRESS RELEASE

Laatste handelsdag aandeel Boskalis

Laatste handelsdag aandeel Boskalis Papendrecht, 8 november 2022 Koninklijke Boskalis Westminster N.V. (Boskalis) maakt bekend dat vandaag de laatste handelsdag van het aandeel op Euronext Amsterdam is geweest. De beëindiging van de notering is het resultaat van een succesvol openbaar bod en daarmee wordt een beursnotering van meer dan een halve eeuw afgesloten. Boskalis gaat verder als private onderneming en blijft zich als baggeraar en maritiem dienstverlener onveranderd richten op de succesvolle uitvoering van zijn strategie die zich focust op het aanleggen van innovatieve infrastructu...

 PRESS RELEASE

Boskalis Extraordinary General Meeting of Shareholders

Boskalis Extraordinary General Meeting of Shareholders Papendrecht, 7 November 2022 Royal Boskalis Westminster N.V. (Boskalis) announces that an Extraordinary Meeting of Shareholders (the Meeting) was held this morning. In total 98.75 percent of the outstanding share capital was represented at the Meeting. The agenda contained the amendment to the articles of association. This voting item was adopted and the amendments will become effective as of 9 November as per the delisting of Boskalis. FOR FURTHER INFORMATION Investor relations:Martijn L.D. Schuttevâer Press:Arno Schikker T ‎R...

 PRESS RELEASE

Boskalis Buitengewone Algemene Vergadering van Aandeelhouders

Boskalis Buitengewone Algemene Vergadering van Aandeelhouders Papendrecht, 7 november 2022 Koninklijke Boskalis Westminster N.V. (Boskalis) bericht dat hedenmorgen een Buitengewone Vergadering van Aandeelhouders (de Vergadering) heeft plaatsgevonden. Op de Vergadering was in totaal 98,75 procent van het uitstaande aandelenkapitaal vertegenwoordigd. Op de agenda stond de wijziging van de statuten. Dit stempunt is aangenomen en de wijzigingen zijn per 9 november effectief met ingang van de beëindiging van de beursnotering van Boskalis.‎ VOOR MEER INFORMATIE Investor relations:Martijn L.D....

ResearchPool Subscriptions

Get the most out of your insights

Get in touch