Boskalis reaches agreement with insurers on compensation WD Fairway

Royal Boskalis Westminster nv has reached agreement with all insurers involved on the compensation concerning the mega hopper WD Fairway, that collided with a container vessel in China on March 8, 2007. The insurers have decided that there is a constructive total loss and they compensate Boskalis for a total amount of € 167 million of which € 40 million was already received in 2007.