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Koninklijke Boskalis Westminster NV (BOSN.AS)

BOSN.AS on Amsterdam Stock Exchange

17.08EUR
22 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Boskalis Awarded EUR 70 Mln Land Reclamation Project In Bahrain
Thursday, 25 Jul 2019 

July 25 (Reuters) - Koninklijke Boskalis Westminster NV ::REG-BOSKALIS AWARDED EUR 70 MILLION LAND RECLAMATION PROJECT IN BAHRAIN.ACTIVITIES ARE DUE TO COMMENCE IN Q3 OF 2019 AND ARE EXPECTED TO BE COMPLETED IN Q3 2020.  Full Article

Boskalis Appointed Salvor For Both Damaged Tankers In Gulf Of Oman
Friday, 14 Jun 2019 

June 14 (Reuters) - Koninklijke Boskalis Westminster NV ::REG-BOSKALIS APPOINTED AS SALVOR FOR BOTH DAMAGED TANKERS IN THE GULF OF OMAN.ROYAL BOSKALIS WESTMINSTER N.V. (BOSKALIS) HAS BEEN APPOINTED AS SALVOR FOR BOTH TANKERS THAT WERE HIT YESTERDAY MORNING IN GULF OF OMAN IN A SUSPECTED ATTACK.SHORTLY AFTER INCIDENTS INSURERS OF BOTH VESSELS APPOINTED BOSKALIS SUBSIDIARY SMIT SALVAGE TO SALVAGE VESSELS AND THEIR CARGO.KOKUKA COURAGEOUS VESSEL IS CURRENTLY BEING TOWED TO A PORT IN GULF REGION .SALVAGE OPERATIONS ARE BEING CARRIED OUT IN CLOSE CONSULTATION WITH RELEVANT LOCAL AUTHORITIES, INCLUDING MARINE EMERGENCY MUTUAL AID CENTER (MEMAC).KOKUKA COURAGEOUS WITH A METHANOL CARGO ON BOARD IS NOW IN A STABLE CONDITION.SITUATION OF FRONT ALTAIR WITH A CARGO OF NAPHTHA IS STILL WORRISOME.KOKUKA COURAGEOUS: TOWING CONNECTION WAS SUCCESSFULLY ESTABLISHED YESTERDAY AFTERNOON AND CREW WAS ABLE TO RETURN TO VESSEL.  Full Article

Boskalis Awarded Hornsea 2 Offshore Export Cable Installation Contract
Monday, 29 Apr 2019 

April 29 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::PRESS RELEASE REG-BOSKALIS AWARDED HORNSEA 2 OFFSHORE EXPORT CABLE INSTALLATION CONTRACT.CONTRACT VALUE GREATER THAN EUR 100 MILLION.PROJECT IS EXPECTED TO COMMENCE LATER THIS YEAR WITH A PLANNED COMPLETION LATE 2021.  Full Article

Boskalis Initiates EUR 100 Million Share Buyback Program
Friday, 15 Mar 2019 

March 15 (Reuters) - Koninklijke Boskalis Westminster NV ::REG-BOSKALIS INITIATES EUR 100 MILLION SHARE BUYBACK PROGRAM.BASED ON CURRENT SHARE PRICE, THIS REPRESENTS APPROXIMATELY 4.1 MILLION SHARES .4.1 MILLION SHARES REPRESENT SLIGHTLY MORE THAN 3 PERCENT OF CURRENT OUTSTANDING SHARE CAPITAL.IT IS INTENTION TO COMPLETE PROGRAM OVER A PERIOD OF 18 MONTHS.HAS ENGAGED ING BANK N.V. TO CARRY OUT REPURCHASING OF SHARES DURING OPEN AND CLOSED PERIODS.  Full Article

Boskalis Signs Subsea Cable Integrity Contract For Circa EUR 80 Million
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS SIGNS SIZABLE SUBSEA CABLE INTEGRITY CONTRACT.CONTRACT CARRIES A VALUE OF APPROXIMATELY EUR 80 MILLION..CONTRACT FOR REPLACEMENT AND REPAIR OF A PART OF INTER-ARRAY CABLES AT AN OFFSHORE WIND FARM.  Full Article

Boskalis Signs Deal To Sell Its Equity Stake In SAAM SMIT Towage
Monday, 11 Feb 2019 

Feb 11 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS SIGNS DEAL TO SELL ITS EQUITY STAKE IN SAAM SMIT TOWAGE FOR USD 201 MILLION.EXPECTS TO RECEIVE USD 201 MILLION IN CASH FOR ITS EQUITY STAKE IN JOINT VENTURE.TRANSACTION IS EXPECTED TO CLOSE IN Q2 OF 2019.EXPECTS FY RESULTS TO INCLUDE AN IMPAIRMENT ON ITS INTERESTS IN ITS HARBOR TOWAGE JOINT VENTURES OF APPROXIMATELY EUR 200 MILLION.TOTAL (100%) ENTERPRISE VALUE OF SAAM SMIT TOWAGE IS VALUED AT USD 560 MILLION.  Full Article

Boskalis Secures Important LNG Module Transport Contract
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::REG-BOSKALIS SECURES IMPORTANT LNG MODULE TRANSPORT CONTRACT.CONTRACT VALUE AMOUNTS TO APPROXIMATELY USD 55 MILLION.ADDITIONAL OPTIONS FOR EXTENSIONS, WORTH UP TO USD 30 MILLION..CONTRACT TIES UP TWO HIGH-END OPEN-STERN HEAVY TRANSPORT VESSELS COMMENCING Q2 OF 2021 THROUGH TO Q3 OF 2022..  Full Article

Boskalis Reached Agreement With Spie For Acquisition Of Offshore Cable Installation Activities And Assets Of Bohlen Doyen
Friday, 21 Dec 2018 

Dec 21 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::BOSKALIS STRENGTHENS ITS OFFSHORE CABLE INSTALLATION POSITION THROUGH GERMAN ACQUISITION.HAS REACHED AN AGREEMENT WITH SPIE FOR ACQUISITION OF OFFSHORE CABLE INSTALLATION ACTIVITIES AND ASSETS OF BOHLEN DOYEN GMBH (BODO).IT IS INTENTION TO CLOSE TRANSACTION IN Q1 2019.AGREED TRANSACTION DOES NOT INCLUDE ANY GOODWILL AND WILL BE FINANCED FROM BOSKALIS' OWN CASH FLOW.  Full Article

Lamprell Announces Ascension To Saudi Aramco's Offshore LTA Programme
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Lamprell Plc ::ASCENSION TO SAUDI ARAMCO'S OFFSHORE LTA PROGRAMME.SELECTED AS CONTRACTOR ON SAUDI ARAMCO'S LONG TERM AGREEMENT FOR OFFSHORE FACILITIES PROGRAMME.LAMPRELL SUBMITTED ITS BID IN A CONSORTIUM WITH BOSKALIS, A LEADING GLOBAL MARINE CONTRACTOR.INVESTMENTS COULD EXCEED $3 BILLION PER ANNUM WITH AN INITIAL PROGRAMME DURATION OF 6 YEARS.SAUDI ARAMCO HAS OPTION TO EXTEND FOR A FURTHER 3 PLUS 3 YEARS.SELECTED LTA CONTRACTORS HAVE RIGHT TO BID FOR TENDERS PUT OUT BY SAUDI ARAMCO WITHOUT FURTHER TECHNICAL PREQUALIFICATION/PRESELECTION.  Full Article

Boskalis Wins 250 Million Euros Export Cable Installation Contract For Ostwind 2 Grid Connections
Sunday, 25 Nov 2018 

Nov 26 (Reuters) - KONINKLIJKE BOSKALIS WESTMINSTER NV ::ANNOUNCED ON SUNDAY EUR 250 MILLION EXPORT CABLE INSTALLATION CONTRACT FOR OSTWIND 2 GRID CONNECTIONS.  Full Article

Boskalis posts H1 EBITDA miss, maintains annual outlook

Aug 22 Boskalis reported on Thursday an 18.8% drop in its six-month core earnings at 135.7 million euros ($150.37 million), lower-than-expected, as the Dutch marine engineer lost clients in the absence of any wind farm subsidies.