Boskalis Enjoys Dredging Renaissance

The current good fortunes of the global dredging market are reflected in the 2005 results announced by Dutch giant Royal Boskalis Westminster, which has reported a spectacular 85% rise in net profit to 62.7m and a record turnover of 1,156m which was up 13% over 2004.

Boskalis expects heavy fleet utilisation over the next few years.

The current good fortunes of the global dredging market are reflected in the 2005 results announced by Dutch giant Royal Boskalis Westminster, which has reported a spectacular 85% rise in net profit to 62.7m and a record turnover of 1,156m which was up 13% over 2004.