Latest news from Heavy Lift & Project Forwarding International Magazine

Boskalis issues Covid-19 update

Royal Boskalis Westminster has suspended crew and project staff rotations in response to the outbreak of Covid-19, but cargo is still moving.

The Dutch offshore contractor has implemented several precautions to ensure the health, safety and well being of its employees, while simultaneously taking all necessary steps to continue its business.

To date, precautionary measures taken by most countries have not resulted in a shut down of infrastructure projects and the import of goods vital for the company’s projects is permitted, said Boskalis.

As a consequence, Boskalis has at large been successful in keeping its business activities operational around the world.

In the affected countries and regions, Boskalis employees are working remotely from home where possible. For staff working on international projects and vessels this is not an option. Still, as a consequence of global travel restrictions and to ensure health of its personnel, the customary crew and project staff rotations have been suspended as of March 16.

“At present it is clear the Covid-19 crisis will have a negative impact on our business in 2020 but it is currently impossible to quantify this,” said Boskalis.

“Given this uncertainty and to preserve the strong financial position as much as possible Boskalis has decided not to schedule a dividend proposal over the financial year 2019 for the agenda of the Annual General Meeting of Shareholders (AGM) and to suspend its share buy-back program as of next week.”

boskalis.com

Heavy Lift | News

Rolf Riedl hauls to China in 12 days thumbnail image

Rolf Riedl hauls to China in 12 days

May 25 - Germany’s Rolf Riedl has transported oversized equipment 9,500 km by road, passing through six countries in just 12 days.
Views: 220
Järvinen departs Nurminen thumbnail image

Järvinen departs Nurminen

May 25 - Mikko Järvinen has stepped down as senior vice president sales at Nurminen Logistics.
Views: 180

Heavy Lift Across The World

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