Dutch dredging and heavy-lift company, Boskalis, broke some of its records in 2023, reporting a net income of €601 million, jumping nearly 150 per cent from the 2022 figures. The company also said in its latest report that its EBITDA reached €1.01 billion, jumping 68 per cent from the 2022 figures, with revenue rising 20 per cent to €4.28 billion.

Commenting on the results, Peter Berdowski, Boskalis CEO, said, “2023 was a particularly successful year for Boskalis, in which we broke many records. Net profit rose by almost one hundred and fifty per cent to a record high of over €600 million and EBITDA to over one billion euros. It is great to see that all parts of the business contributed to these impressive figures. All our employees deserve a big compliment for the dedication, professionalism and teamwork with which we were able to achieve these successes.”

High-profile heavy transport

Boskalis Marine Transport & Services business unit carried out some high-profile projects with its heavy transport vessels, such as the transportation of the heavily damaged 330-meter FPU Zafiro Producer on the BOKA Vanguard to a scrapyard in cooperation with Salvage.

“Our heavy transport vessels were involved in a large number of high-profile transports in 2023. Very recently, we acquired ALP Maritime. With this acquisition, we strengthened our position in the Anchor Handling Tugs (AHTs) market and added eight powerful vessels to our fleet,” Berdowski said.

Read also: Boskalis’ double act at Moray West

The most recent additions to the group – Subsea Services and Marine Survey – again made very strong contributions. Across the board, the division was able to successfully respond to strong market demand from both the offshore wind and traditional oil and gas markets.

Aiding the energy transition

At Offshore Energy, revenue increased 41 per cent with a very strong operational result. All business units contributed to these particularly strong financial figures, with the largest absolute increase coming from the offshore wind business.

“With our Offshore Energy activities, we once again made a significant contribution to the energy transition. In 2023, we were involved in the construction of 29 offshore wind farms worldwide, accounting for 50% of our offshore revenue. We completed our first wind project in the United States and were busy with several wind projects in Taiwan and Europe,” Berdowski concluded.