Damen Shipyards has inked a contract with Australia's Gippsland Ports for a Trailing Suction Hopper Dredger (TSHD), to maintain entrance to the Port of Lakes Entrance and the Gippsland Lakes system in Victoria, Australia.
Royal Boskalis Westminster (Boskalis) has reached an agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG Wasserbau, formerly known as Möbius Wasserbau for $76m.
Royal Boskalis Westminster (Boskalis) realised a good third quarter, but its orderbook declined on completion of the Suez Canal expansion project.
Royal Boskalis Westminster (Boskalis) has reported a net profit of $338.8m in the first half of 2015, a rise of 21% compared to the same period a year earlier when it posted a $279.6m profit.
Van Oord has been awarded the dredging contract for the Kaohsiung Intercontinental Container Center Phase II in Taiwan.
Royal Boskalis Westminster (Boskalis) has been awarded three dredging-related contracts in Africa with a combined value of approximately $83.9m.
Egypt is to complete the Suez Canal Expansion project on 1 August, according to one of the leading international dredging companies involved in the project.
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from Compañía Insular Americana, S.A. to construct a second artificial island off the coast near the residential area of Punta Pacifica in Panama City.
Boskalis reported a net profit of EUR490m ($515m) in 2014, up 34% from EUR366m in 2013, while revenue rose by 1% year-on-year to EUR3.2bn.