Boskalis Makes Progress in Fleet Optimization Program

In March 2009 Boskalis announced a fleet rationalization program and in connection with this over 2009 she carried out an assessment of the fleet’s cost structure and efficiency.

The first step was to take the WD Severn, a 1,324 cubic meter trailing suction hopper dredger, out of service and it will be followed by other vessels over the course of 2010. Ahead of the implementation of the program an impairment loss on the fleet of € 39.7 million was booked against the 2009 results.