Dockwise Yacht Transport Business Sold by Boskalis

MarineLink.com
Friday, October 18, 2013
Yacht Express: Photo credit Dockwise

Royal Boskalis Westminster N.V. (Boskalis) has completed the sale of Dockwise Yacht Transport (DYT to Sevenstar Yacht Transport B.V. based in Amsterdam, the Netherlands.

With the acquisition of Dockwise in March 2013, Boskalis also acquired the activities of Dockwise Yacht Transport (DYT). DYT's core business is the transatlantic transportation of luxury yachts between Florida, the Caribbean and the Mediterranean.

Boskalis considers that these activities have no strategic value and do not fit with the group's existing core business. Boskalis sold the DYT activities including 2 dedicated semi-submersible yacht transport vessels (Super Servant 4 and Yacht Express) for a total consideration of USD 40-million. This divestment will not have a material impact on Boskalis earnings.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

McDermott Elect G.P. Luquette Board Chairman

Provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, McDermott International, say that Gary P.

Ill-Considered Energy Policies Threaten US Navy: Report

The United States government has pursued energy policies based on “the mistaken belief in the unproven science that claims carbon dioxide (CO2) emissions from burning

Yachts

USCG Leading Marina Pollution Response

U.S. Coast Guard pollution responders are continuing to respond to reports of pollution in Charleston City, Bristol and Ashley River marinas Sunday. Boaters reported pools of thick,

USCG Responds to Vessel Fire

The U.S. Coast Guard (USCG) reported it is responding to a report of a vessel that caught fire and became disabled with two men and a dog aboard south of the McCormick

Maersk Line named race partner for the Volvo Ocean Race

The world’s largest container shipping company, Maersk Line, is the official shipping partner for the Volvo Ocean Race, the pre-eminent round-the-world yacht race.

Mergers & Acquisitions

Shippers Vapores, Hapag-Lloyd Merger

A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the firm's merger with Germany's Hapag-Lloyd,

USJ-IMECO Completes RAACI Acquisition

Affiliates of USJ-IMECO Holding Company, LLC, a portfolio company of J.F. Lehman & Company (JFLCO), announced the acquisition of Robichaux Automation and Control, Inc.

PetroVietNam Gas's Q1 gross profit falls 27.5%

PetroVietNam Gas's first-quarter gross profit fell 27.5 percent to 3.9 trillion dong ($185 million) from a year earlier, the Lao Dong (Labour) newspaper reported.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2134 sec (5 req/sec)