EnergyWatch

Weak offshore market hits Boskalis with massive deficit

Boskalis lost more than EUR 400 million in 2018, where the offshore market in particular was strained and resulted in impairments. Revenue as well as the size of the order book increased over the course of the year.

Photo: PR-foto/Boskalis

The bottom line was negative despite a higher revenue at Dutch towage operator and marine group Royal Boskalis Westminster in 2018.

But a growing order book makes the company slightly more positive about the year ahead, writes the company in its annual report, published Thursday.

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