Boskalis Posts Highest Profit
Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million). Revenue in the first half of the year rose 1.6% to EUR 1.57 billion (H1 2014: EUR 1.55 billion). Adjusted for (de)consolidation and currency translation effects, revenue was stable. EBITDA in the first half of the year amounted to EUR 500.1 million (H1 2014: EUR 466.4 million) and the operating profit (EBIT) was EUR 359.3 million (H1 2014: EUR 338.3 million). Results in all three segments were good in addition to which there were a number of (positive) exceptional items. Dredging & Inland Infra had an exceptionally busy first half from an operational point of view.
Interview: Devon Grennan CEO, Global Diving & Salvage
Devon Grennan joined Global Diving & Salvage in 1995 and has served many roles. When company founders Tim Beaver and John Graham stepped down from direct operational involvement, Grennan was named CEO. Maritime Reporter & Engineering News caught up with Grennan for his insight into his company and the business of Diving and Salvage. What is Global Diving & Salvage? Global Diving is a full service subsea service provider with three core service lines: Marine Construction, Marine Casualty Response and Offshore Operations.
GEOSHIPS to Operate, Manage New DP1 Craft
GEOSHIPS creates 40 new jobs with delivery of latest vessel. GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage and crew the DP1 (dynamic positioning) Loch Seaforth vessel, which has been contracted on a three year bareboat charter, with options to extend.
GEOSHIPS Extends Fleet Following Successful Year for First Vessel
SeaHold GEOSHIPS Ltd., a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will manage and crew the MPSV Loch Roag vessel, which it has taken on a five-year bareboat charter basis from Otto Marine Ltd. The contract is valued at £22million ($36.5 million) over five years with an option to extend the contract for two more years…
RBG Boosts Capabilities with Dive Intervention Craft
RBG, the leading provider of assess, inspect and repair (AIR) services to the global energy industry that was recently acquired by Stork Technical Services (STS), has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & gas. In his new role, Mr James is responsible for leading and growing RBG’s global marine & subsea activities…
RBG Completes Rigid-Hulled Inflation Boat for Chevron
RBG, provider of fabric maintenance and construction support to the global energy industry, has completed a contract worth approximately $616,100 for Acergy, for the provision of Rigid-Hulled Inflation Boat (RHIB) dive services and project support. RBG was commissioned to support the removal and replacement of one of the fairleads from the Chevron Upstream Europe (Chevron) owned Captain FPSO. Deployed from the Acergy-chartered vessel, Far Saga, combined activities included diving, installation of subsea rigging and ROV services.
