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Boskalis annual results 2023: Historic record-breaking year with more than EUR 1 billion EBITDA and EUR 600 million net profit


Top Stories
Royal IHC put back on the (sea) map for defence

Royal IHC put back on the (sea) map for defence

Netherlands

In September 2023, we proudly announced the award to Royal IHC of a maintenance contract for three auxiliary vessels of the Royal Netherlands Navy. The maintenance contract covers five docking periods of which this first docking was successfully completed today.  The intensive planned maintenance work on the HNLMS Luymes, started in November, has been completed… Read More

Hapag-Lloyd: Supervisory Board renews appointment of Rolf Habben Jansen and extends contract of Donya-Florence Amer

Hapag-Lloyd: Supervisory Board renews appointment of Rolf Habben Jansen and extends contract of Donya-Florence Amer

Germany

The Supervisory Board of Hapag-Lloyd AG has approved an early renewal of the contract of Chief Executive Officer (CEO) Rolf Habben Jansen, which runs until 31 March 2027, for five years, until 31 March 2029. In addition, the Supervisory Board has agreed to extend the contract of Chief Information Officer and Chief Human Resources Officer… Read More

DP World Announces Resilient FY2023 Results With Stable Adjusted EBITDA at $5.1 Billion

DP World Announces Resilient FY2023 Results With Stable Adjusted EBITDA at $5.1 Billion

United Arab Emirates

“This achievement is particularly noteworthy considering the significant challenges posed by a deteriorating geopolitical landscape and challenging macroeconomic conditions. Our strategic focus on high-margin cargo, end-to-end integrated supply chain solutions, and diligent cost optimization have played a pivotal role in securing these results. Not only has this strategy proven effective during these testing times, but… Read More

Teledyne Marine expands with acquisition of Valeport

Teledyne Marine expands with acquisition of Valeport

Denmark

Teledyne Marine has agreed to acquire Valeport a market leader in the design and manufacture of underwater sensors and profilers. The acquisition expands the products and solutions offered by Teledyne Marine, a leading-edge subsea technology company.  It sees Teledyne provide customers with a wider range of underwater solutions. Valeport is one of the UK’s leading… Read More


Company & People News | Dredge Mining

Tri-Pump and Ellicott Dredge Technologies (EDT) Forge Exclusive Partnership to Enhance Efficiency in African Mining Sector

World ,

Tri-Pump, a leading provider of pumping solutions in Africa, proudly announces an exclusive distributor agreement with Ellicott Dredge Technologies (EDT), a global leader in dredging solutions. This strategic partnership aims to address the unique challenges faced by the mining sector in Africa through the implementation of innovative dredging technology. The distributor agreement between EDT and Tri-Pump is purposed to cover key African regions, including… Read More

Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023

Greece

Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP), announced today its financial results for the fourth quarter and twelve months ended December 31, 2023. The Company also declared a regular quarterly cash dividend of $0.025 per common share and a special cash dividend of $0.075 per common share for the fourth quarter of… Read More

HaiSea unveils new operations facility for the world’s greenest tugboat fleet

Canada

HaiSea Marine celebrated the completion of its floating operations facility March 13, marked by a blessing and naming ceremony in the builder’s Campbell River warehouse. The company is now awaiting its transport to the Douglas Channel in late May where it will serve as the nerve centre for what’s described as the world’s greenest fleet… Read More

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Q4 2023 Earnings Call Transcript

Israel

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) Q4 2023 Earnings Call Transcript March 13, 2024 ZIM Integrated Shipping Services Ltd. beats earnings expectations. Reported EPS is $-1.23, expectations were $-1.33. ZIM isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and welcome… Read More


Events & Conferences

Damen Shipyards Cape Town hosts MMIPV blessing ceremony

South Africa

On March 1, 2024 Damen Shipyards Cape Town (DSCT) hosted the blessing ceremony for the third Multi-Mission Inshore Patrol Vessel (MMIPV) to be delivered as part of Project Biro. The event marked an important milestone in the construction lifecycle of the MMIPV and was attended by various dignitaries from the Department of Defence, ARMSCOR and the… Read More

WEDA Eastern Chapter Announces Registration for their Fall Conference in Baltimore, Md.

MD, United States

Eastern Chapter The Eastern Chapter of WEDA represents Bermuda, Connecticut, Delaware, Florida (East Coast) Georgia (Eastern), Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Vermont, Virginia, Washington, DC, West Virginia, Virgin Islands and Quebec, New Brunswick, Nova Scotia, Canada. 2024 WEDA Eastern Chapter Annual Meeting … Read More

CEDA’s (revamped) Dredging Days 2024

World ,

CEDA Dredging Days is the flagship conference of CEDA and is the main event on the dredging industry calendar in the CEDA (EMEA) region. It is widely considered to be the primary forum for leading researchers and industry experts, to share ideas, discuss challenges and consider potential solutions. The conference is well-attended by professionals representing… Read More

Maritime event hosted by Netherlands embassy starts in Dhaka

Bangladesh

The embassy of the Kingdom of the Netherlands in Bangladesh is hosting a three-day maritime event that began in Dhaka on Thursday, alongside Bangladesh’s largest maritime and offshore exhibition, BIMOX 2023. During the three-day Maritime Future is Now: The Netherlands Approach to New Opportunities programme, a series of events will be organised, including a business… Read More


Maritime hires and promotions

Equinor Set to Have New Director – Mikael Karlsson

Norway

The nomination committee of Norwegian energy major Equinor ASA has put forward Mikael Karlsson as a new candidate for the company’s board of directors (BoD). In a media release, Equinor said the nomination committee recommended that the company’s corporate assembly elect Karlsson as a new member of the company’s BoD. Equinor’s board has consisted of… Read More

Harald Fotland appointed president of Norwegian Shipowners’ Association

Norway

Harald Fotland, the chief executive of chemical tanker owner Odfjell, has been elected president of the Norwegian Shipowners’ Association after serving as vice president for the past two years. Fotland, who has been at the helm of Odfjell since May 2022 and is also a board member at the European Community Shipowners’ Associations (ECSA) ,… Read More

APM Terminals renews leadership in the Americas and Mexico region

Mexico , United States

APM Terminals has appointed Marliz Bermúdez the new Head of Investments for the Americas Region, and Beatriz Yera as the Managing Director for APM Terminals in Mexico, effective 15 April 2024. With these new appointments, APM Terminals reaffirms its goal of becoming the best terminal company in the Americas with innovation, digitisation, and cutting-edge technology…. Read More

Roland Schwandt named Schottel deputy CEO

Germany

Roland Schwandt has been appointed Deputy CEO of SCHOTTEL GmbH with effect from 1 January 2024. Since joining SCHOTTEL in 2000, the graduate naval architect has acquired comprehensive and in-depth knowledge of the international maritime market. The dedicated project and sales manager began his career working in various SCHOTTEL sales segments. After briefly managing the… Read More


Offshore Wind Power News

Ørsted secures first access to lower-emission heavy plate steel through MoU with Dillinger

Denmark

Today, Ørsted and Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) strengthen their partnership as the energy company secures first offer to procure Dillinger’s lower-emission heavy-plate steel for offshore wind foundations. Through the memorandum of understanding (MoU), Ørsted supports Dillinger’s efforts to drive the decarbonisation of steel production and leverages its influence to secure resilient supply chains, steel… Read More

Japan to expand offshore wind to exclusive economic zone

Japan

Japan’s government on Tuesday approved a draft amendment to existing legislation to allow for the installation of offshore wind power in exclusive economic zones (EEZ), a milestone towards the country’s goal of carbon neutrality by 2050. Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45 GW by 2040,… Read More

Boskalis Breaks Records in Deep-Sea Excavation and Installation At 600 Meters

Australia

Boskalis, the global leader in dredging and maritime services, has successfully completed a record-breaking deep-sea excavation at a depth of 600 meters off the coast of Dampier in northwest Australia. This remarkable feat marks a significant milestone in Boskalis’ expertise, showcasing their commitment to pushing boundaries in maritime and project freight operations. BOKA TIAMAT: A… Read More

Opinion: Offshore wind is about to change the way we get electricity, giving us cleaner air, thousands of jobs and — yes — cheaper power

World ,

The single biggest indicator that offshore wind is about to revolutionize how we produce electricity may just be the increasingly desperate attacks from the gas, oil and coal industries. Over the last year fossil fuel companies and their allies have dramatically stepped up a misinformation campaign blaming whale deaths on offshore wind turbines — a campaign widely… Read More


Port News

Brazil’s ports ’50 years behind the times’, claims new report

Brazil

Brazil’s Lula administration this month embarked on a privatisation drive to see the nation’s port terminals in private hands – a move coinciding with a damning report on the state of its shipping sector. A working group of Hidrovias do Brasil, Port of Açu and Wilson Sons has launched a Manifesto for Innovation in the Maritime… Read More

US sanctions oil tankers, targeting Iranian funding for Russian, Houthi arms

World ,

The US Department of Treasury Feb. 27 outlined a set of new sanctions targeting Iran’s support of Russia and the Houthi rebels, including new sanctions on two oil tankers that Treasury alleges have helped fund Iran’s military activities. The measures are targeted to Iran’s involvement with regional terror groups and Russia’s military supply chains, said… Read More

FG proposes $1bn for ports rehabilitation

Nigeria

The Federal Government has revealed that it has proposed a $1bn investment for the rehabilitation of the nation’s ports. The Minister of Marine and Blue Economy, Gboyega Oyetola, revealed this in a statement while addressing the House of Representatives Committee on Privatisation on Thursday in Abuja. He noted that the government has not fully reaped… Read More

Brazil gives green light to public hearings on port concessions involving over US$100mn

Brazil

Brazilian waterways regulator Antaq authorized the start of public hearings on leasing contracts for three port terminals that are estimated to need investments of 547mn reais (US$110mn). “The public hearing for RDJ07, located in the port of Rio de Janeiro, will take place from March 25 to May 8. The terminal, which handles offshore support cargo, will receive investment… Read More


Project Updates & Industry Developments

Removal of heavy metals from dredging marine sediments via electrokinetic hexagonal system: A pilot study in Italy

Italy

Highlights •Pilot-scale hexagonal set-up improves electrokinetic removal of heavy metals in dredged marine sediments. •A removal efficiency above 50% has been achieved for Cd, Ni, Pb, Cu and Zn. •Longer treatment times improved decontamination efficiency. •Better performance of the hexagonal configuration compared to conventional linear configuration systems. Abstract Among the several treatment options, electrokinetic (EK)… Read More

Senate probe of dredging by Chinese vessels in Zambales province sought

Philippines

A PHILIPPINE senator has filed a resolution seeking to investigate increased presence of Chinese dredging vessels near Zambales province, saying these threaten the local marine ecosystem. Senate Resolution 966, which Senator Jose “Jinggoy” P. Estrada filed on Wednesday, calls for a comprehensive probe of the dredging of at least 14 Chinese vessels that were spotted… Read More

Island-built floathouse serving as base for electric tugboat crew at LNG terminal

Canada

The world’s first electric tugboat fleet has a new home base for its crew, built in Campbell River. HaiSea Marine, a partnership between the Haisla Nation and Seaspan, held a naming and blessing ceremony this week for a new float house which will serve as the operations and maintenance base for the tugboat fleet. The… Read More

Chinese dredging ships alarm Zambales residents

China

At least 14 dredging vessels with Chinese crew members have been seen operating in this coastal town since last week, causing alarm among residents here. Edgar Mabuyo, 50, of Barangay Sindol, told the Inquirer on Sunday that the dredging activities started in October last year. “There were only two or three vessels at that time… Read More


Shipbuilding | Marine Products | Technology

Dutch government to decide on the purchase of four French submarines

Netherlands

Dutch media outlet RTL Nieuws, quoting “informed sources” reported that France’s Naval Group is likely to be the one to replace the thirty-year old Walrus class fleet of Dutch subs, beating rivals Saab from Sweden and Germany’s Thyssen-Krupp Marine Systems (TKMS.) Saab would have partnered with Dutch Damen Shipyards, while Naval cooperates with shipbuilder Royal IHC, another Dutch constructor. Dutch submarines According to… Read More

Royal IHC: The Netherlands chooses Naval Group for the build of four submarines

Netherlands

We extend our congratulations to Naval Group with the award of this contract. As Dutch shipbuilder Royal IHC, we are proud to contribute to this strategic project, together with broad participation from the Dutch industry. Naval Group chose to work with Royal IHC because of our specific and proven knowledge of underwater technology and decades… Read More

Wärtsilä Lifecycle Agreement to support optimised low-emission operations for two P&O Ferries vessels

United Kingdom

Technology group Wärtsilä has signed a Lifecycle Agreement with UK-based P&O Ferries. The five-year agreement covers two vessels, the M/V Pioneer and the M/V Liberté, and is designed to optimise and ensure minimal impact on their operations, while providing maintenance cost predictability. The order was booked by Wärtsilä in January 2024. Ferries have a huge role to… Read More

APM Terminals Maasvlakte II places record order for 62 Gantry Cranes

Netherlands

APM Terminals Maasvlakte II has signed a contract for 62 Automated Rail Mounted Gantry Cranes (ARMGs) with Austrian crane builder Kuenz. The electric cranes will feature handling systems from Swiss technology company ABB. This APM Terminals’ largest ever crane order in Europe. The first ARMGs will be delivered as early as April 2025. The order… Read More


uncategorized

“Difficult to abate”: the growth of new fuels in aviation and shipping

World ,

Transport by air and sea depends on engines that usually run on fossil fuels, increasing CO₂ emissions. Even though road transport emissions remain more significant, shipping and aviation account for 12% and 11%, respectively, according to an analysis by GlobalData, Offshore Technology Focus’s parent company. The International Energy Agency’s (IEA’s) aviation tracking data found that around half of… Read More

Study says Adani port not responsible for coastal erosion in Thiruvananthapuram…

A ‘Draft White Paper’ commissioned by the Vizhinjam International Seaport Limited (VISL) has found that the Vizhinjam port has only “minimal” impact on the moderate-to-high erosion along the Valiyathura to Shanghumugham stretch of the Thiruvananthapuram coast.  

Maersk and Castlery sign multi-year global logistics and fulfilment agreement

Singapore

Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. By leveraging Maersk’s capabilities in managing supply chains amid ongoing disruptions, the partnership will enable Castlery to offer seamless delivery for its customers, reducing wait times for orders to one to two months, approximately… Read More


Upcoming Projects | Contracts | Tenders

Sand boost to preserve Adelaide beaches

Australia

Starting from Monday 18 March, 50,000 cubic metres of quarry sand will be delivered to West Beach, via the Adelaide Sailing Club. This is in addition to the 100,000 cubic metres of sand delivered to West Beach in 2023. Adding large volumes of sand at this location benefits not only West Beach but also other… Read More

Dredging Of Somerset Levels To Start In March

United Kingdom

River dredging could begin on the Somerset Levels in March, the Environment Agency (EA) has confirmed. Work will start on a five-mile (8km) river channel where the Tone and Parrett meet at Burrowbridge as soon as it is safe. A 200-metre stretch of the river Parrett north of Coates Farm has also been earmarked as… Read More

€77 million towboats tender invited

Sweden

Towboats needed for operations in ’particularly difficult conditions’ MCJ Ref No: 1395/E/47 Project Stage: Tenders Invited Area: Stockholm, Sweden Promoter: FMV, Banergatan 62, Stockholm, 115 88, Sweden E-mail: Olle.Oswald@fmv.se; Tel: +46 702 144 075 Value: 865,394,416 SEK (€77 million) Contact: Olle Oswald Profile: SwAF intends to procure and sign a framework agreement with one (1) supplier for delivery and service of towboats…. Read More

Cardwell Beach Nourishment and Restoration Activities to begin

Australia

Council will be undertaking beach nourishment and restoration works at Cardwell, north of the Jetty, to replenish sand and rehabilitate the erosion site from Monday 11 March. Works will consist of relocating approximately 3000m3 of sand sourced from the current shore protection structure via the road to the section of beach between Tsakisiris Street to… Read More


USACE

USACE Awards Contract to Dredge Erie Harbor to Ryba Marine

NY, United States

ERIE, Pa. — The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $682,000 contract to Michigan-based Ryba Marine Construction Co. on Dec. 6 to conduct dredging of the federal navigation channel in Erie Harbor. Dredging of harbors like Erie’s ensures accessible depths for large vessels, the continued flow of commodities across the Great Lakes,… Read More

Inland Dredging Awarded Another USACE Dredge Project for $8 Million in Willacy, TX

TX, United States

Inland Dredging Co. LLC, Dyersburg, Tennessee, was awarded an $8,046,150 firm-fixed-price contract for pipeline dredging. Bids were solicited via the internet with three received. Work will be performed in Willacy, Texas, with an estimated completion date of June 1, 2024. Fiscal 2023 civil construction funds of $8,046,150 were obligated at the time of the award…. Read More

Cashman Dredging Awarded $9.26 Million Jacksonville, Fl Dredge Project by USACE

FL, United States

Cashman Dredging & Marine Contracting Co. LLC, Quincy, Massachusetts, was awarded a $9,266,500 firm-fixed-price contract for maintenance dredging. Bids were solicited via the internet with four bids received. Work will be performed in Jacksonville, Florida, with an estimated completion date of Feb. 26, 2024. Fiscal 2023 civil construction funds in the amount of $9,266,500 were… Read More

U.S. Army Corps of Engineers conducts Change of Responsibility and retirement ceremony

United States

WASHINGTON — The U.S. Army Corps of Engineers today conducted a Change of Responsibility ceremony between outgoing Command Sgt. Maj. Patrickson Toussaint, the 14th USACE command sergeant major, and incoming Command Sgt. Maj. Douglas W. Galick, at Fort Belvoir, Virginia. The ceremony was followed by a retirement ceremony for Toussaint. Lt. Gen. Scott A. Spellmon,… Read More


Videos | C-Suite Interviews

“Difficult to abate”: the growth of new fuels in aviation and shipping

World ,

Transport by air and sea depends on engines that usually run on fossil fuels, increasing CO₂ emissions. Even though road transport emissions remain more significant, shipping and aviation account for 12% and 11%, respectively, according to an analysis by GlobalData, Offshore Technology Focus’s parent company. The International Energy Agency’s (IEA’s) aviation tracking data found that around half of… Read More

DREDGEWIRE EXCLUSIVE INTERVIEW with Chris Gunsten, Senior VP of Project Services & Fleet Engineering, Great Lakes Dredge & Dock

World , United States

GLDD recently launched the Cape Hatteras and the Cape Canaveral Damen 3013 Multicats, that were built at Conrad shipyard. DredgeWire sat down with Chris Gunsten, Senior VP of Project Services & Fleet Engineering to discuss their new Damen 3013 Multicats. DW: Why did GLDD not build their own Multicats? CG: Over many years GLDD has… Read More

How the Panama Canal’s Drought Is Threatening Global Supply Chains- video with analysis by the Wall St Journal

Panama

The Panama Canal is running out of water, threatening the global supply chains and industries that depend on it. WSJ takes you inside the canal’s operations to understand what this means for the future of this vital shipping route. Photo: Getty Images Source

Study says Adani port not responsible for coastal erosion in Thiruvananthapuram…

A ‘Draft White Paper’ commissioned by the Vizhinjam International Seaport Limited (VISL) has found that the Vizhinjam port has only “minimal” impact on the moderate-to-high erosion along the Valiyathura to Shanghumugham stretch of the Thiruvananthapuram coast.  

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