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Monday, July 16, 2018

Dockwise News

Boskalis Achieves Higher Revenue In Q1 2014

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Royal Boskalis Westminster N.V. reported a higher revenue for the first quarter of 2014 compared to the same period last year. This was in line with company expectations. This achievement was the result of Good utilization of the Dredging and Offshore vessels. Adjusted for the acquisition of Dockwise, which was only included in the consolidated figures from the second quarter of 2013, revenue was also  higher. There was no material change in market circumstances during the quarter in a stable market. At the end of March the group order book was also stable compared to the end of 2013.

Boskalis Posts Record Profits

Peter Berdowski, CEO. Pic with compliments from Boskalis

Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014. Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR 652 million (2013: EUR 463 million). Across the board, 2014 was an operationally strong year with in addition a large number of exceptional items for a total amount on balance of EUR 200 million before tax. All three segments achieved a sharply higher result compared to 2013.

Offshore Float-over Installation Generates Renewed Interest

Bigger and heavier decks are on the horizon, installed in more remote locations.

An offshore installation method that is more than three decades old is generating renewed interest from many operators who are challenged with designing heavy-lift crane installations. Float-over installation has become a cost-effective alternative to lift installation for offshore construction, as ever-increasing size and weight of decks constantly exceed the lifting capacity of floating cranes. Exploration of oil and gas in more remote offshore fields is driving the increasing demand for larger offshore units along with float-over installations.

HHI Orders Refrigeration, Cold Stores for FPSO

Photo courtesy of ALMACO

Goliat, the first cylindrical floating production, storage and offloading (FPSO) vessel on the Norwegian Continental Shelf built for Eni Norge and partner Statoil at Hyundai Heavy Industries (HHI), will feature ALMACO’s cold stores and refrigeration machinery. Hyundai Heavy Industries awarded the contract to ALMACO Group in July of 2011, and ALMACO finalized the commissioning work at the end of 2014. ALMACO said its scope of supply includes the supply and installation of cold stores and refrigeration machinery, as well as commissioning and spare parts.

Arctic Offshore Rig Gets USCG Escort

(U.S. Coast Guard photo courtesy of Air Station Port Angeles)

U.S. Coast Guard (USCG) crews escorted heavy lift ship Blue Marlin as it toted a controversial 38,000-metric-ton drilling rig into Port Angeles, Wash., Friday. Blue Marlin, Dockwise’s 674-foot semi-submersible heavy lift ship, was escorted into its anchorage location in Port Angeles while carrying Polar Pioneer, a column-stabilized offshore drilling rig expected to be a key piece in Arctic operations for Royal Dutch Shell. Six Greenpeace activists climbed the rig while in transit on April 6 approximately 750 miles northwest of Hawaii following the U.S. Dept.

Goliat FPSO in Norway

Dockwise Vanguard arrives in Hammerfest with Goliat FPSO on board (Eni Norge)

The Goliat platform has arrived in Hammerfest, Norway last week, after a 63-day journey from South Korea covering 15,608 nautical miles. It will now undergo final preparations for the first oil production from the Barents Sea. "Upon completion of final preparations to install her in the Barents Sea this summer, she will support production operations at the world’s northernmost producing offshore oil field located approximately 80 kilometers offshore Ersvika," says a company statement.

Boskalis to Transport Johan Sverdrup Platform Modules

Johan Sverdrup Photo Statoil

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway. The contract carries a value of approximately USD 40 million. The modules will be transported by Dockwise in three journeys. A Dockwise type I heavy transport vessel will transport two topside modules of the riser platform with a total weight of more than 20…

Smit Lamnalco Aids Transfer of Largest HVDC Platform

Smit Lamnalco tugs provide vital support for world’s largest HVDC platform transfer and float-over

Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs, with more than a combined 450 metric tons bollard pull power, provided marine support not only during the unberthing process but also in the 24-mile tow offshore and its float over on to the heavy transport vessel, Dockwise owned and operated, Mighty Servant 1.

14 Appointed to NOIA Board

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The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC. Gary Luquette, President and Chief Executive Officer, Franks International, N.V. Kirk Meche, President and Chief Executive Officer, Gulf Island Fabrication, Inc. Richard Morrison, Regional President Gulf of Mexico, BP America, Inc. W. Matt Ralls, Executive Chairman, Rowan Companies, Inc. Jeff Platt, President and Chief Executive Officer, Tidewater, Inc.

Boskalis Post Record H1 2014 Profits

Boskalis dredger: Image courtesy of the owners

Despite what it describes as 'challenging market conditions' Royal Boskalis Westminster N.V. posted record profits in the first half year ended 30, June 2014. The results in all three segments rose sharply compared to the first half of 2013. Dredging & Inland Infra had a busy first half of the year with a high fleet utilization rate, good project margins and substantial settlement results on old projects. The Offshore Energy segment also had a good first half of the year with a high fleet utilization rate and good project margins.

Dutch Team Installs Huge Power Socket in the North Sea

Photo courtesy of Mammoet

A combination of three Dutch offshore companies realized a unique operation in the North Sea, installing a giant ‘power socket’, the SylWin alpha platform. Siemens commissioned Seaway Heavy Lifting to perform an unusual operation that in turn called in the assistance of maritime service provider Dockwise and engineered heavy lifting and transport specialist Mammoet. Weighing 14,000 metric tons, the 83-meter long, 56-meter wide and 26-meter high SylWin alpha platform, built by Siemens, is the largest in its kind.

Country’s Largest Floating Drydock Coming to Portland

Image: depiction of new drydock, courtesy Vigor

The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water, is scheduled to arrive at the mouth of the Columbia Sunday. It will make its way up to Vigor Industrial’s Portland shipyard on the Willamette River by Sunday evening or Monday morning, depending on weather and river traffic. Fully assembled, the drydock will be 960-feet long. However, it is currently in three parts, which are stacked aboard a 738-foot heavy lift ship for delivery.

US’ Largest Floating Drydock Heads to Portland

Image: Vigor

The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water, is scheduled to arrive at the mouth of the Columbia Sunday. It will make its way up to Vigor Industrial’s Portland shipyard on the Willamette River by Sunday evening or Monday morning, depending on weather and river traffic. Fully assembled, the drydock will be 960-feet long. However, it is currently in three parts, which are stacked aboard a 738-foot heavy lift ship for delivery.

Anglo-Eastern Celebrates 40th Anniversary

The Board of Anglo-Eastern, from left to right, John Denholm, CEO of J&J Denholm Ltd and BIMCO President; Benoit Timmermans, Managing Director of Bocimar Belgium N.V.; Mark Stevenson, CFO of Anglo-Eastern, Marcel Liedts, CO

On September 4th, Anglo-Eastern celebrate it’s 40th Anniversary, in Hong Kong, concluding with an evening of fun, at the Hong Kong Maritime Museum. Among a host of VIPs, both local and international, Mr. & Mrs. Evert Maréchal, The Consul General of Belgium, along with the Consul General of Japan, Mr Hitoshi Noda and the Consul General of India, Mr. Ravi Sinha & Mr Prashant Agrawal together with the Director of the HK Marine Department, Mr Michael W.L. Wong, JP were welcome by Group CEO, Mr Peter Cremers and the Board of Directors of Anglo-Eastern.

New Floating Dock Heads to Klaipeda

(Photo: Turku Repair Yard)

The world's largest heavy transport vessel Dockwise Vanguard is transporting a new floating dock from Montenegro to Lithuania. The floating dock was acquired in June 2016 and began its journey to Klaipeda, where it will be installed at the Western Shipyard owned by BLRT Grupp. In the beginning of August the 11,000 ton floating dock was loaded onto the Dockwise Vanguard, world's only vessel with a deadweight of 110,000 tons for carrying heavy loads and floating oil and gas platforms.

Malikai TLP Float-Off in Malaysia

Photo courtesy of Dockwise

InterMoor completed its involvement in the Shell Malikai Tension Leg Platform (TLP) float-off operations. The TLP was loaded onto the Dockwise Heavy Lift Vessel White Marlin at Malaysia Marine and Heavy Engineering (MMHE) shipyard in Pasir Gudang, Malaysia, and transported to a float-off location in the Singapore Straits. Contracted by TMJV, a joint venture between Technip and MMHE Shipyard, InterMoor Pte was responsible for the marine aspects of the float-off and tow of Shell’s…

Dockwise Bags Marine Transport Contracts Worth $50 Mln

Royal Boskalis Westminster N.V. said its wholly-owned subsidiary Dockwise has recently been awarded a number of marine transport contracts with a combined contract value of approximately $50 million. Dockwise was awarded a contract by Husky Oil Operations Ltd. for the transportation of the West White Rose Topside from Texas, U.S. to Newfoundland and Labrador, Canada. The contract includes the engineering, preparation and execution of the loading, transport and discharge operation of the topside. The topside will be skidded onto a large barge, which in turn will be floated onto the semi-submersible heavy transport vessel Dockwise Vanguard that will transport the cargo to Newfoundland and Labrador. The transport is expected to take place in 2021.

Semi-submersible Crane Vessel Hermod Retired

(Photo: Heerema Marine Contractors)

Heerema Marine Contractors said its semi-submersible crane vessel Hermod will retire at the end of this year after nearly 40 years of operational performance. Designed and constructed in the 1970s, Hermod and sister vessel Balder were the first semi-submersible crane vessels of their kind in the offshore construction industry. The semi-submersible concept was developed with the aim to extend the operability in the harsh North Sea environment and furthermore to deliver superior lifting capacity.

Boskalis Raises Full-year Profit Forecast

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Royal Boskalis Westminster N.V. (Boskalis) has concluded a good third quarter. Revenue and earnings, adjusted to reflect the deconsolidation of SAAM SMIT Towage, are in line with the first two quarters of 2014. At Dredging the possible settlement of a number of old projects mentioned during the presentation of the half-year numbers has taken place. This contributed substantially to third quarter earnings. Overall market conditions remain challenging. Despite this the order book has risen slightly…

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland GmbH for the partial construction of the Wikinger Offshore Wind Farm in the German section of the Baltic Sea. The work comprises the transport and installation of 70 wind turbine foundations and six offshore substation piles. The contract carries a value of approximately EUR 75 million for Boskalis. The Wikinger Offshore Wind Farm is located 34 kilometers northeast of the island of Rügen and will generate a total capacity of 350 MW. Each of the seventy wind turbine…

Mega Maritime: Heavy Lift for FPSOs

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When the Dockwise Vanguard was conceived, Dockwise, part of the Boskalis Group, had a vision for a new market - transporting the world’s largest cargoes, including FPSOs (floating production storage and offloading vessels). It hasn’t taken the vessel, the largest heavy transport vessel in the world, long to prove its worth, as well as the feasibility of such a feat. The vessel has currently transported its first ship-shaped FPSO cargo, Bumi Armada’s Armada Intrepid, to South East Asia which also happens to be one of the three largest cargoes ever transported.

Two New Vessels Enter Service for Boskalis

Dockwise White Marlin (Photo: Boskalis)

Royal Boskalis Westminster N.V. informed that Dockwise vessel White Marlin was named and christened during a ceremony in Guangzhou, China. The semi-submersible heavy transport vessel will be mobilized to Singapore for its maiden transport of two drilling rigs for discharge in Abu Dhabi. With its overall length of 216 meters, beam of 63 meters and deadweight of 72,000 metric tons, the White Marlin type I vessel strengthens Dockwise’s position in the heavy marine dry transport market.

Heavy Lift: Boka Vanguard to Ship 90,000-ton FPSO

The BOKA Vanguard Photo Boskalis

Boskalis' mega lift ship Boka Vanguard -- the world's largest semi-submersible heavy lift vessel -- is preparing to load a truly enormous cargo: a 90,000-ton floating production, storage and offloading (FPSO) platform.The FPSO is equivalent to the weight of approximately 300 Boeing 747s, making this the heaviest cargo ever to be transported by a semi-submersible heavy lift ship, according to Boskalis.Until recently, the Boka Vanguard was known as the Dockwise Vanguard. Boskalis acquired Dockwise in 2013…

Maritime Reporter Magazine Cover Jul 2018 - Marine Communications Edition

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