|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.01 - 20.30|
|52 Week Range||19.31 - 28.59|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 22, 2019|
|Forward Dividend & Yield||0.50 (2.48%)|
|1y Target Est||29.25|
Royal Boskalis Westminster N.V. (Boskalis) successfully loaded cruise ship Carnival Vista on its semi-submersible heavy lift vessel BOKA Vanguard and transported it to a shipyard facility in Freeport, Bahamas for a unique dry docking operation. Commencing last Saturday 13 July at sunrise the BOKA Vanguard loaded and lifted cruise ship Carnival Vista in a successful operation a few miles off the coast of Freeport.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Carnival Cruise Line to lift cruise ship Carnival Vista out of the water onto the BOKA Vanguard and transport it to a shipyard facility for a dry docking operation. This is a world first operation that will take place in the coming weeks in Freeport, Bahamas.
Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in the Gulf of Oman in a suspected attack. Boskalis said the condition of the Front Altair tanker, carrying a cargo of naphtha, was still worrying, although the fire on the ship had been extinguished on Thursday. The methanol-carrying Kokuka Courageous was in a stable condition, Boskalis said.
Royal Boskalis Westminster N.V. (Boskalis) has been appointed as the salvor for both tankers that were hit yesterday morning in the Gulf of Oman in a suspected attack. Shortly after the incidents the insurers of both vessels appointed Boskalis subsidiary SMIT Salvage to salvage the vessels and their cargo.
Royal Boskalis Westminster N.V. (Boskalis) announces that the Annual General Meeting of Shareholders (the Meeting) held today adopted the 2018 financial statements. Mr. P.A.M. Berdowski was reappointed as a member of the Board of Management and CEO for a period of four years. Mr. C. van Noort was appointed as a member of the Board of Management in the role of CFO for a period of four years.
The market picture and developments at Royal Boskalis Westminster N.V. (Boskalis) for the first three months of the year are in line with the expectations outlined at the publication of the 2018 annual results. During the presentation of the 2018 annual results Boskalis expressed the expectation that the market picture in 2019 would not be fundamentally different than last year. Given the market conditions, utilization of the Dredging fleet was good while utilization at Offshore Energy showed a mixed picture.
The Royal Boskalis Westminster N.V. (Boskalis) heavy transport vessel Blue Marlin was hijacked on Sunday approximately 80 nautical miles offshore Equatorial Guinea. Through the professional response of the crew and the coordinated support from the navy of Equatorial Guinea and Spain, the violent hijacking has been ended and the crew was safely freed. After unloading a cargo in the waters of Equatorial Guinea, the Blue Marlin departed last Sunday with destination Malta.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded the offshore export cable installation contract for the Hornsea 2 offshore wind farm. The project scope includes the preparation of the offshore export cable route (geophysical survey, boulder clearance and seabed leveling through dredging), and the installation and protection of the cables. Boskalis aims to maximize UK local content for its scope of work.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts in Indonesia. On the island of Sulawesi, Boskalis will expand the Makassar New Port container terminal and on the island of Java it will prepare land for a new petrochemical complex. The dredging scope includes the removal of soft clay followed by land reclamation work which requires the dredging and supply of sand.
The Province of South Holland has announced the intended contract award to Royal Boskalis Westminster N.V. (Boskalis) for a sub-project of the so-called RijnlandRoute. The final contract award is expected to take place at the end of April. The RijnlandRoute is a new East-West road connection from Katwijk to the A4 motorway near Leiden in the Netherlands.
Full Year 2018 Koninklijke Boskalis Westminster NV Earnings Presentation
Royal Boskalis Westminster N.V. (Boskalis) announces the start of a EUR 100 million share buyback program. Based on the current share price, this represents approximately 4.1 million shares representing slightly more than 3 percent of the current outstanding share capital. The buyback program is aimed at reducing the issued share capital and was announced earlier this year.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for the widening of the Port Adelaide Outer Harbor shipping channel in Australia. The project was awarded by port owner and operator Flinders Ports. Boskalis has been appointed to widen the shipping channel to 170 meters from the current 130 meters, and extend the turning basin to accommodate the larger and more efficient Post Panamax container ships which are increasingly dominating global containerized cargo transport.
Royal Boskalis Westminster N.V. has published both its Annual Report 2018 and its Corporate Social Responsibility (CSR) report 2018. With a versatile fleet of more than 900 vessels and floating equipment and 11,300 employees, including associates, Boskalis is creating new horizons around the world.
Papendrecht, 7 March 2019 HIGHLIGHTS 2018 Revenue: EUR 2.6 billion EBITDA: EUR 354 million Operating result: EUR 119 million Extraordinary charges: EUR 519 million Net operating profit: EUR 83 million ...
Royal Boskalis Westminster N.V. (Boskalis), together with its co-shareholder Kotug International B.V. (Kotug), has signed a letter of intent (LOI) relating to the sale of Kotug Smit Towage to Boluda Group (Boluda). Under the terms of the LOI, the total (100%) enterprise value of Kotug Smit Towage is valued at EUR 300 million. Boskalis expects to receive approximately EUR 90 million in cash for its 50% equity stake in the joint venture.
Royal Boskalis Westminster N.V. (Boskalis) has acquired a 62.5% majority stake in the Horizon Group (Horizon) from the United Arab Emirates. Horizon`s main activities include marine geophysical surveys and geotechnical services. Peter Berdowski, CEO Boskalis, "Through this transaction, we are adding an important strategic position to our existing marine survey and subsea geotechnical business.
Boskalis will utilize three anchored barge spreads, including the well proven cable repair assets Bokabarge 82 and recently acquired BoDo Constructor from Bohlen Doyen accompanied by a variety of support vessels. Boskalis` strategy is responding to key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change. This project is related to the development of generating renewable energy due to climate change and increasing energy consumption.
Royal Boskalis Westminster N.V. (Boskalis) yesterday announced the intended sale of its stake in SAAM SMIT Towage with expected proceeds of more than EUR 175 million. Subject to the closing of this transaction, Boskalis intends to buy back the equivalent of EUR 100 million of its own shares. Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors.
Royal Boskalis Westminster N.V. (Boskalis) has signed an agreement with SAAM S.A. (SAAM) relating to the sale and purchase of the equity stake held by Boskalis in SAAM SMIT Towage. Under the terms of the agreement, the total (100%) enterprise value of SAAM SMIT Towage is valued at USD 560 million. Boskalis expects to receive USD 201 million in cash for its equity stake in the joint venture.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for the transportation of a large number of modules for a North American LNG export facility. The scope of work includes the logistical management and transportation of various large modules from a fabrication yard in China to the facility in North America. The Boskalis strategy accounts for the long term macro-economic trends that drive global demand in our selected markets: global trade, increasing energy consumption, population growth and the challenges related to climate change.
Royal Boskalis Westminster N.V. (Boskalis) has signed a multi-year subsea services agreement in the Middle East. Under the terms of the contract commencing, Boskalis will carry out a broad spectrum of subsea IRM services including integrity assessments for offshore platforms and tripods, wellhead jacket inspections, integrity assessments and inspections of pipelines and light ad-hoc construction work. Boskalis will deploy the diving support vessel BOKA Constructor with ROV for this contract, fully crewed with air diving/ROV teams and options for saturation diving.
Royal Boskalis Westminster N.V. (Boskalis) has signed an exclusive Pre-Construction Agreement (PCA) for the Inch Cape offshore wind farm project. The award was made by Inch Cape Offshore Limited (ICOL), a subsidiary of Red Rock Power Ltd. The project scope includes the transportation and installation of the wind turbine foundations, the offshore substation and cables. The award of the contract is subject to a successful bid by ICOL in the next UK Contracts for Difference auction (mid 2019) and financial close (second half of 2020).
Royal Boskalis Westminster N.V. (Boskalis) has reached an agreement with SPIE for the acquisition of the offshore cable installation activities and assets of Bohlen Doyen GmbH (BoDo). BoDo`s offshore cable laying business operations comprise of grid to grid and offshore substation to shore connections, which includes the installation of (nearshore) offshore cables and the connection of offshore wind farms to substations. BoDo, based near Wilhelmshaven, has a long-established position in the German offshore cable installation market.