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You are here: Home → Archive → 2009 → August → Weekly Edition 27th of August 2009 → Boskalis to cut ahead of dredging downturn

Boskalis to cut ahead of dredging downturn

by Martyn Wingrove, London — last modified Aug 27, 2009 04:59 PM

ROYAL Boskalis Westminster is looking to scrap its oldest vessels in preparation for a downturn in dredging projects.

The Dutch shipping group continues to have high fleet utilisation and a strong orderbook of project work, but its management expects harder times ahead.
Chief executive Peter Berdowski said the company could scrap “more than a handful” of vessels...

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