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Dredging & Marine
Offshore Wind
Boskalis earnings slide as Middle East unrest lowers vessel utilization
Royal Boskalis reported a 35% fall in first-half net profit to €275 million, from €426 million a year earlier, as geopolitical disruption and lower vessel utilization weighed on operations. Revenue fell 19% to €1.90 billion and EBITDA dropped 26% to €553 million, while the order book stood at €6.8 billion on June 30, down from €7.0 billion at end-2025. Dredging and Inland Infra saw the sharpest decline, with trailing suction hopper dredger utilization falling and cutter suction dredger utilization described as extremely low. The effective closure of the Persian Gulf particularly hit Marine Survey, with Heavy Marine Transport affected to a lesser extent. Offshore Energy continued to contribute strongly on offshore wind, oil and gas, subsea cables and marine services, though the Services cluster stayed below the exceptional 2025 level. The Dredging backlog grew after wins including the Luleå port deepening in Sweden and maintenance dredging extensions at Harwich and Felixstowe.
Breakbulk.News
$1.1 billion in pre-investment contracts awarded for Mozambique’s LNG project
Offshore Energy (Navingo) — Offshore Wind
CK Hutchison Seeks $1.5 Billion for Loss of Panama Assets
gCaptain
Maritime Markets Bracing for Long-term Disruption in the Middle East
gCaptain
Fast-track panel releases draft decision to approve Port of Tauranga’s Stella Passage development
DredgeWire
Germany tenders Südkai Emden Binnenhafen harbour works
TED Europa
Poland tenders Jastarnia flood-defence works on Puck Bay, two lots
TED Europa
Wody Polskie tenders Kłodawa and Bielawa flood-dike rebuild
TED Europa
Rijkswaterstaat tenders Duivelseiland shipyard conversion works
TED Europa
Bucharest Sector 1 tenders RON 269m Grivița lake bank consolidation
TED Europa
Kaštela tenders EUR 9m sea wall works for Kaštel Stari - Kaštel Novi
TED Europa
Frankfurt tenders Bergsammler relief sewer (part 1), DN 2500 jacked overflow
TED Europa
Foundations for the Princess Elisabeth Energy Island successfully completed
Jan De Nul
MacGregor’s 165-ton crane ordered for Jan De Nul newbuild
Offshore Energy (Navingo) — Offshore Wind
Work on East Delacroix marsh creation in full swing
Dredging Today
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