Boskalis unaffected by Dubai financial crisis

Responding to questions from Dredging News Online, a spokesperson for Dutch dredging major Royal Boskalis Westminster said the company would not be affected by the financial crisis in Dubai. Earlier this week, Dubai Drydocks Group, of which well known developers such as Nakheel are a part, told creditors it needed a six month standstill on debt repayments before meeting financial obligations again.