Posted on March 12, 2025
Effective 1 April 2025, Peter Berdowski will step down as CEO of Boskalis. He will be succeeded by Theo Baartmans, a member of the Board of Management since 2007. Mr. Berdowski will be appointed Chairman of the Supervisory Board as of the same date.
According to the latest business results, Boskalis reports a strong financial position. The company has a cash balance of EUR 765 million and only EUR 247 million in debt, resulting in a net financial position of EUR 518 million.
With its available cash, cash equivalents, and undrawn bank facilities, Boskalis has a financing capacity exceeding EUR 1 billion. The company’s solid solvency has risen to 56.3%, allowing Boskalis to comfortably meet its financial covenants.
Boskalis 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 provides terminal services at various locations worldwide. With a versatile fleet of around 500 vessels and floating equipment and over 11,000 employees, Boskalis is creating new horizons around the world.
