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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Norwegian Unions Say 755 O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline,

Day of Seafarer: ICS Highlights Seafarers Role in Migrant Rescues

Gerardo Borromeo, Vice Chairman of the International Chamber of Shipping (ICS) took the opportunity today to highlight the courage that is currently being displayed by seafarers,

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Mergers & Acquisitions

Beier Purchases South Coast Electric Systems

Beier Integrated Systems (Beier) informs it has purchased South Coast Electric Systems (SCES) from American Electric Technologies (AETI), expanding the its manufacturing

Will Maersk Line acquire HMM

There are rumours among observers that the  market leader Maersk Line is planning to acquire South Korea’s shipping major Hyundai Merchant Marine (HMM).   Neither

HCI Capital Renamed Ernst Russ AG

A vote was passed at the ordinary shareholders’ meeting of HCI Capital AG yesterday to change the company’s name to Ernst Russ AG. The Executive Board and Supervisory

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Port Authority Salvage Ship Repair Ship Simulators 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: 0.0944 sec (11 req/sec)