Van Oord has been awarded the dredging contract for the Kaohsiung Intercontinental Container Center Phase II in Taiwan. The client is the Port of Kaohsiung, Taiwan International Ports Corporation (TIPC). The contract value amounts to approximately EUR 130 million. The preparations have already started and the execution period runs until January 2018. The project involves the dredging and reclamation of 37 million m3 of sand for the extension of Kaohsiung Port. Van Oord will deploy one of its largest trailing suction hopper dredgers. Kaohsiung, located on the South China Sea, is the largest Taiwanese port and plays an important role in the Taiwanese export-oriented economy.
The port of Rotterdam achieved good results in the first half of the year. Total throughput increased by 6.8% compared to the first half of 2014. This growth was almost entirely accounted for by the throughput of oil products (+29.7%), crude oil (+8.3%), containers (+3.7% in TEU) and roll-on/roll-off-transport (+9.6%). The throughput of dry bulk (agricultural bulk, coal, ores) fell across the board. For the first time since 2010, the number of sea-going vessels increased considerably (+3%). In the first half of the year, the port did not experience any significant nautical incidents. Continue reading “Port of Rotterdam throughput grows by 6.8%”
Royal Boskalis Westminster N.V. (Boskalis) has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million.The works are to be carried out in Angola, Gabon and Senegal. Continue reading “Three African contracts for Boskalis”
Developer Nakheel has appointed Van Oord to deliver the new waterfront of Deira Islands. Deira was constructed by Van Oord between 2005 and 2008. Deira Islands will become a new 15.3 km2 waterfront city in Dubai. Part of the new scope is building a 23.5 km coastline and breakwaters. Continue reading “Another iconic Dubai project awarded to Van Oord”
Belgian operator VLM Airlines will this April be launching daily scheduled flights between Rotterdam (Netherlands)-Hamburg (Germany), and Antwerp (Belgium)- Hamburg. The move continues VLM Airlines’ evolution as a scheduled operator, building on the launch of an Antwerp-Geneva service last month. Continue reading “VLM to fly Rotterdam-Hamburg twice daily”
On Wednesday 18 February 2015, the Huisman Rope Luffing Knuckle Boom Crane has been awarded the Innovation of the Year award during the Annual Offshore Support Journal Awards 2015. The new hybrid crane is recognized to provide a significant innovation on the design, build and operational aspects of offshore support vessels. Continue reading “Huisman Knuckleboom Crane awarded”
This week, the Thalassa Hellas called at the ECT Delta Terminal. During the visit of this vessel of Evergreen Line, ECT handled 11,051 containers (18,500 TEUs); a new record. Never before so many containers were handled in Europe during one call. The containers form a line of more than 110 kilometers: about the length of the highway between Rotterdam and Antwerp. Continue reading “New container loading record at ECT”
In January 2015, Huisman, the worldwide specialist in lifting, drilling and subsea solutions, and Brazilian shipping company and shipyard group Grupo CBO, signed a contract for the delivery of four anchor handling and towing winch packages for four new Havyard 843 AHTS vessels. The winch packages will be built by Huisman’s new production facility in Navegantes, Brazil, and delivery is planned for 2016 and 2017. The winches will be delivered with 50% Brazilian content. The Havyard designed 843 AHTS vessels will be built by Estaleiro Aliança (2x) and Estaleiro Oceana (2x). Continue reading “Brazil’s Grupo CBO selects Huisman Equipment”
After having successfully performed the life-time extension works on the Stanislav Yudin (owned and operated by Seaway Heavy Lifting), in 2013-2014 at Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion, a new significant contract is awarded by Technip, for dry-docking, upgrades and operational modifications to the deepwater rigid pipe S-lay and heavy lift vessel, the Global 1200. The vessel arrived at the yard in January 2015. Continue reading “Technip contracts Damen Shiprepair Rotterdam for major upgrade to Global 1200”
Royal Boskalis Westminster N.V. (Boskalis) announces that Dockwise, a wholly owned subsidiary, has successfully loaded the ENI Goliat FPSO (floating production, storage and offloading vessel) onboard its largest heavy transport vessel in preparation of a transport journey to Europe. Continue reading “Dockwise Vanguard to transport Goliat FPSO”
In 2014, Rotterdam became the first European since the start of the economic crisis in 2008, port to handle more than 3 million TEU (20-foot container units) going to or coming from China. Port of Rotterdam Authority CEO Allard Castelein announced this during the first quarterly meeting of the Rotterdam Port Promotion Council (RPPC). At the meeting he analysed the throughput figures for 2014 and indicated trends for a large group of port entrepreneurs. Continue reading “Rotterdam still largest European port for China”
Royal Vopak has entered into a binding agreement to sell three wholly owned terminals and its plot of land in the United States to Kinder Morgan Inc., a US-based energy infrastructure company. This is in line with Vopak’s business review, which was announced on 2 July 2014, to amongst others divest around 15 primarily smaller terminals. Continue reading “Vopak sells U.S. terminals to Kinder Morgan”
SBM Offshore ended 2014 with a good underlying financial performance, ahead of expectations for the second straight year. The company reached an important milestone in announcing an out-of-court settlement agreement with the Dutch Public Prosecutor’s Office (Openbaar Ministerie) over the inquiry into alleged improper payments, whilst the US Department of Justice declined to prosecute and has closed its inquiry into the matter. This marks a big step forward in putting the company’s legacy issues to rest. Continue reading “SBM Offshore performed well in 2014”
Last week Robeco Groep N.V. announced its results for the full year ended 31 December 2014. 2014 has been a year of records for Robeco. During the year Robeco’s assets under management increased by EUR 40.8 billion, resulting in an all-time high of EUR 246 billion of which 48% was institutional business. This increase was driven by a strong positive investment result of EUR 35.1 billion, which provided clients with attractive returns. The increase was also supported by strong positive net cash flows. The investment result includes a EUR 18.4 billion gain as a result of the appreciation of the US dollar. Continue reading “Robeco Group net profit at an all-time high”
The world’s largest consumer products companies such as Unilever and Procter & Gamble have recently announced shedding up to hundreds of brands, keeping only the strongest alive to make more profit. But when it comes to brand portfolio, is less really more? While most companies are convinced these big clean-ups result into increased firm value, new research by Dr Yvonne van Everdingen and Professor Gerrit van Bruggen and PhD candidate Baris Depecik of Rotterdam School of Management, Erasmus University (RSM) reveals that in almost all cases the opposite is true. Continue reading “How to slim your brand portfolio wisely”
Royal Vopak has sold its land position in Turkey. On 22 January 2015 all conditions related to this transaction were fulfilled. The divestment is part of the divestment program, as announced on 2 July 2014. This plot of land was already classified as ‘held for sale’ in prior reporting periods. The buyer of the site is a Turkish industrial group. No details about the terms and conditions of the transaction are disclosed. The transaction will not have a material impact on the results (Vopak).
In December 2014, Huisman, the worldwide specialist in lifting, drilling and subsea solutions, secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt Knuckle Boom Cranes onboard four new subsea support vessels (SSVs) for Maersk Supply Service. The first vessels, Marin Teknikk design MT 6027, are scheduled for delivery in Q4 2016. In addition to Huisman’s long track record as a reliable and innovative subsea crane supplier, Maersk Supply Service selected Huisman due to the benefits offered by this new crane type, and the partnership that developed between the companies which led to a customized crane design. Continue reading “Huisman wins crane order for Maersk vessels”
SBM Offshore announced today the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe’s appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15, 2015. Continue reading “SBM Offshore Reintroduces COO Position”
Five members of the G6-Alliance (APL, Hyundai, MOL, NYK Line and OOCL) have awarded a multi-annual and exclusive contract to Kotug for towage services in the Port of Rotterdam with effect from January 1st 2015. Kotug’s CEO Ard-Jan Kooren said: “This contract is a milestone for our European harbour towage. Our mission is ‘exceeding our clients expectations’ and building long term relationships. We are glad that our investments resulted in this multi-annual towage contract and being recognized by our clients as a high-quality towage provider“. Continue reading “Multi-annual and exclusive contract for Kotug”
Royal IHC (IHC) has acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes. This agreement fulfils two important elements of IHC business strategy: a foothold in the important Brazilian market; and the acquisition of Dutch-based SAS Offshore, which was fully owned by Brastec Technologies. Continue reading “IHC acquires Brastec Technologies, Brazil”
Royal Boskalis Westminster N.V. (Boskalis) and joint venture partner Van Oord have been awarded a contract by PT Muara Wisesa Samudra to design and construct the artificial island for the Dredging and Land Development Works for Pluit City off the coast of Jakarta, Indonesia. The contract carries a value of approximately EUR 350 million (Boskalis share 50%). Continue reading “Boskalis, Van Oord to construct Jakarta island”
In 2014, the throughput in the port of Rotterdam went up 1% to 445 million tonnes. The different market sectors performed quite dissimilar. The container sector, up by 5.8% (volume) and breakbulk, with 12.1% growth, did exceptionally well. Oil products fell the most, by 8.1%. An extra 4.8% of crude oil passed through the port. Dry bulk fell by 0.7%. Allard Castelein, Port of Rotterdam Authority CEO: “In 2015 we expect the same growth in throughput as last year: 1%. This year too, the main growth is expected in the container sector. In the coming years, we will nurture the large, existing sectors in the port, whilst also focusing strongly on innovation and broadening the range of activities in the port. We need both for a healthy future.” Continue reading “Throughput Port of Rotterdam up 1%”
OMA of Rotterdam has won the competition to design an Exhibition Centre in Shanghai. The project site, occupying the former ‘Shanghai Shipyard’, has a long history of marine industry. The new Exhibition Centre is positioned on the ramp of a former ship cradle and provides a concentrated event space within the surrounding financial district. Continue reading “OMA to design Shanghai Exhibition Centre”
Petroliam Nasional Berhad (Petronas), Dialog Group Berhad (Dialog) and Royal Vopak (Vopak) signed a shareholders agreement to jointly develop an industrial terminal in Pengerang, Johor, Malaysia. Vopak will have a 25% share. The industrial terminal will serve the users of the new world-scale Petronas’ RAPID project which is an integral section of Petronas Pengerang Integrated Complex (PIC). Continue reading “Vopak to co-develop Malaysian terminal”
Jan Westerhoud, President of Europe Container Terminals (ECT), has decided to step down and retire from the company effective 1 January 2015. This decision was made in good consultation with main shareholder Hutchison Port Holdings Limited (HPH). A successor will be named in due course. Jan Westerhoud has guided ECT through 10 years in which the industry has undergone tremendous changes. ECT has experienced a considerable growth in this period and has successfully developed new activities. ECT and HPH are very grateful for Jan Westerhoud’s dedication for ECT and HPH throughout these years (ECT).
Royal Boskalis Westminster N.V. (Boskalis) and Kotug International B.V. (Kotug) have signed a Memorandum of Understanding (MoU) to merge their European harbour towage operations. The companies will establish a 50/50 joint venture for this purpose, combining the European harbour towage activities of Smit, a Boskalis subsidiary, with the European harbour towage activities of Kotug. This merger is the concluding step in Boskalis’ strategy aimed at establishing regional partnerships for its harbour towage activities, as was previously done through Smit Lamnalco, Keppel Smit and most recently Saam Smit. By joining forces opportunities are created to achieve cost and market synergies as well as a more efficient capital structure. Continue reading “Kotug and Smit to merge European towage”
The Municipality of Rotterdam, Port of Rotterdam Authority (PoR), Erasmus University of Rotterdam and Rotterdam Partners are joining hands to put Rotterdam more clearly on the map, both at home and abroad. The concerted profile under the motto ‘Make it Happen’ reflects the typical Rotterdam mentality and shows what the city, port and inhabitants stand for: pioneering, groundbreaking and no-nonsense. This unique collaboration aims to attract and retain the highly educated, businesses, trade, visitors and citizens. Continue reading “Rotterdam Makes it Happen”
SBM Offshore announced it will be restructuring the company and move its headoffice to Amsterdam. In light of market conditions and in order to optimise the company’s cost base, capacity requirements have been reviewed with the objective of creating a productive environment for performing teams and maintaining core competencies and technological edge. Regretfully SBM Offshore is in the process of releasing approximately 600 contractor staff and an equal number of permanent staff, totalling approximately 1,200 positions worldwide, over the period 2014 and 2015. Continue reading “SBM Offshore restructuring”
A partnership has been established between Kotug Malaysia Sdn. Bhd. and Johor Port Berhad following on from Johor Port Berhad’s RFP exercise to select the right partner for the provision of maritime towage services in Johor Port area and other identified areas. The strategic collaboration with Kotug is in line with JPB’s commitment to provide the most efficient marine services to its customers. Continue reading “Kotug strengthens position in Asia”
The removal of an underwater dam at the entrance to the Botlek (at port number 4030) has been completed successfully. The nautical guaranteed depth (NGD) was -5.60 metres NAP (New Amsterdam Water Level) and will now be -14.50 metres NAP. In total, the building consortium Boskalis/Van Oord dredged over 500,000 m3 from the mouth of the Botlek. These operations will considerably improve the nautical accessibility of this port area. At the end of September, a significant section of the shallows was removed, so that the Oasis of the Seas – the biggest passenger ship in the world – could access Keppel Verolme more easily. The measure is in line with Port Authority policy to continue to develop existing port areas in the port of Rotterdam. In the coming five years, it will be investing half a billion euros in this (Port of Rotterdam).
Van Oord late November reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation), heavy lift installation vessel Svanen and the Westermeerwind project (144 MW). The activities will be integrated into Van Oord’s Offshore Wind Projects business unit. The acquisition will strengthen Van Oord’s leading position in the offshore wind market for north west Europe. Continue reading “Van Oord acquires activities of Ballast Nedam Offshore”
Royal Boskalis Westminster N.V. announced that Smit Lamnalco, a 50% owned associate, has substantially strengthened its position in Australia through the acquisition of PB Towage Australia. PB Towage is the second largest player in Australia with activities along the Eastern coast stretching from Melbourne to the Cape York Peninsula. Following this transaction, Smit Lamnalco will be active in 8 ports in Australia with a total of 29 vessels offering a combination of harbour towage, terminal and FPSO-related services. The acquisition follows the Boskalis strategy to develop its position in the towage market through partnerships such as Smit Lamnalco and to grow through regional consolidation opportunities. For Smit Lamnalco, this acquisition will create opportunities to achieve market synergies for its existing activities in the region (Boskalis).
On December 12th SANEC, Atlantico Business Development and Fenedex will jointly organize a seminar on doing business in Angola and Mozambique. The seminar will be hosted by PWC at their Rotterdam office. The event is aimed at Dutch SME’s that would like to do business in these booming markets. Arnout Nuijt, Managing Director of Atlantico Business Development, a Rotterdam based consultancy focusing on Portuguese speaking Africa, will be one of the speakers, as will representatives of PWC and Dutch companies already active in those countries. The meeting is jointly organized by SANEC (Southern African Netherlands Chamber of Commerce), Atlantico Business Development and Fenedex, the Federation of Dutch Exporters. Dutch SME’s are welcome to register at Fenedex.
SBM Offshore has reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor’s Office (Openbaar Ministerie) over the inquiry into alleged improper payments. Furthermore, the United States Department of Justice has informed SBM Offshore that it is not prosecuting the Company and has closed its inquiry into the matter. The settlement with the Openbaar Ministerie and the United States Department of Justice’s decision relate to payments to sales agents in Equatorial Guinea, Angola and Brazil in the period from 2007 through 2011. Continue reading “SBM settles Angola, Brazil corruption affair”
Erasmus University Rotterdam and Stellenbosch University (South Africa) are going to collaborate even more intensively. On Tuesday, 11 November 2014, Rector Magnificus Prof. Huibert Pols, on behalf of Erasmus University, and Prof. Johan Hattingh, on behalf of SU, signed a Memorandum of Understanding and a partnership agreement in respect of a joint PhD programme. There is already faculty and institutional level cooperation with Stellenbosch University. Continue reading “Erasmus, Stellenbosch Universities join forces”
Spanish airline Vueling announced it will fly between Rotterdam (RTM) and Barcelona (BCN) airports from April 2015. Flights will take place four times a week: on Monday, Wednesday, Friday and Sunday. Flights are already bookable at http://www.vueling.com. The Vueling flights come on top of those carried out by Dutch airline Transavia (of the Air France-KLM Group), that connect the two cities four times a week already. The frequency of Transavia’s flights will be increased to 6 or 7 per week during summer 2015. The abundance of cheap flights between RTM and BCN will contribute to the growing tourist and business links between the metropolitan area of Barcelona (5,4 million people and the capital of independence-minded Catalonia) and the metropolitan region of Rotterdam-The Hague (2,5 million inhabitants and combining the largest port on the Atlantic with the political capital of the Netherlands).
Van Oord has been awarded the EPC contract for the replacement of a dual 10 km long oil export line. The client is Shell Gabon. The execution period runs from November 2014 to the summer of 2015. The export line runs from the Gamba terminal, 200 NM south of Port of Gentil, to a pipeline end manifold (PLEM). The existing 30 inch line will be replaced by a looped dual 22 inch sea line system with pigging facilities allowing for inspection and cleaning. Van Oord will deploy shallow water pipe lay barge Stingray. The project contributes to Gabon’s export of energy and is important for the economic development in the region.
Royal Boskalis Westminster N.V. (Boskalis) last week acquired a 14.8% stake in Fugro N.V. Boskalis said it views Fugro as an interesting company with activities that fit very well with its own activities. Boskalis wants to enter into a dialogue with Fugro to explore possible options for cooperation. Boskalis stressed that it has no intention to make an offer for Fugro. Continue reading “Boskalis acquires 15% of Fugro”
In the first nine months of 2014, 15 million tonnes of roll on/ roll off cargo was handled in the port of Rotterdam, 8% more (+1.1 million tonnes) than in the same period of 2013. This increase is due almost entirely to the growth of the British economy. With annual throughput of around 20 million tonnes, Rotterdam is among the top 3 ferry ports in Western Europe. The difference between cargo leaving Rotterdam (8.1 million tonnes) and incoming ro/ro cargo (6.9 million tonnes) is smaller than one would expect from an import-focused economy like the British one. Certainly now that the British pound is also expensive in relation to the euro, therefore putting a brake on exports. Ro/ro transport from Rotterdam to England focuses very much on foodstuffs: a lot of fresh fruit and vegetables, but also preserved products, frozen produce (meat, dairy products, a lot of potato products), onions and drinks (wine, beer, soft drinks). Consumer durables such as furniture and white goods, hygienic paper products (nappies, toilet paper, tissues, etc.) and car parts are also important. Continue reading “Strong growth in Rotterdam’s roll on/roll off”