Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise accepts Boskalis takeover bid

February 13 - The board of directors of Breda based shipping line Dockwise has unanimously welcomed the proposed combination with marine services provider Royal Boskalis Westminster.?

The cash offer by Boskalis of EUR18.50 (USD24.94) per share cum dividend for all issued and outstanding common shares in Dockwise has been accepted by 92.93 percent of Dockwise shareholders.? 

Dockwise explained that it recognises the strategic merit of the combination of the two entities. The merger fits with the strategy of Dockwise to expand in the offshore transport, installations and logistics management market. Boskalis noted the takeover will strengthen its position in the offshore energy market.? 

André Goedée current CEO of Dockwise, has agreed to join the board of the Royal Boskalis Westminster in order to smooth the transition of the two firms into one. Furthermore, Adri Baan, chairman of the board, Dockwise, will join the supervisory board of Boskalis following the completion of the takeover.? 

In other news, Dockwise has published its financial highlights for financial year (FY) 2012. Revenues at the shipping line grew 35.3 percent year-on-year to USD539.4 million when compared to FY 2011.? ?Adjusted earnings before interest, tax, depreciation and amortisation climbed 29.2 percent year-on-year to USD174.2 million. For FY 2012 Dockwise recorded a net profit of USD21.1 million - for FY2011 its net loss was USD33 million.? 

 

 

www.dockwise.com

www.boskalis.com

Heavy Lift | News

Blades arrive at Longview thumbnail image

Blades arrive at Longview

May 27 - The port of Longview has once again handled wind turbine blades for Oregon’s Leaning Juniper wind farm. 
Views: 63
Fesco and RZD team up to link Europe and Asia thumbnail image

Fesco and RZD team up to link Europe and Asia

May 24 - Fesco Transportation Group and Russian Railways Logistics (RZD Logistics) are launching a Trans-Siberian multimodal service to expedite the delivery of goods from Japan to Europe via Russia.
Views: 567
POSH to launch maritime training centre in Taiwan thumbnail image

POSH to launch maritime training centre in Taiwan

May 24 - POSH Kerry Renewables – a joint venture of PACC Offshore Services Holding (POSH) and Kerry TJ Logistics – has signed a memorandum of understanding (MoU) to develop Taiwan’s first specialised maritime training centre. 
Views: 435

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.