Elbe fairway – Royal Boskalis withdraws legal complaint

The main approach channel and Berths 8&9 at Hutchison Ports Port of Felixstowe have been deepened to improve access for the world’s largest container ships

Although Boskalis has failed to persuade HAL Holding to increase its price per share, it will present the bid to shareholders, with a “neutral view on price.” The Dutch dredging and marine engineering group commented that it finds HAL’s bid “not unreasonable”

HAL Holding has made a bid for all ordinary shares of Boskalis, offering €32.50 per share

KOTUG International BV and Royal Boskalis Westminster NV., 50/50 shareholders of Kotug Smit Towage, intend to sell their shares to Spain-based Boluda Group, in a €300M deal

The fallout from the recent decline in oil prices will inevitably impact the heavy lift and project cargo sectors.

Royal Boskalis Westminster NV has been awarded a €35M contract by Associated British Ports for the capital dredging of the approach channel to the port of Southampton