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Royal Boskalis Westminster NV (Euronext: BOKA) is a Netherlands-based company that provides services relating to the construction and maintenance of maritime infrastructure on an international basis.[2] The company is claimed to have the world's largest dredging fleet.[3] In 2007 the company was engaged in two major contracts in Australia - a €300 million contract to deepen the shipping channels of Port Phillip in Melbourne utilising its dredge the Queen of the Netherlands, and a €50 million contact to expand the harbour at Newcastle [3][4] The company is also involved in a €1.1 billion euro contract to develop a new port in Abu Dhabi.[3] On 15 September 2008 Boskalis offered €1.11 billion for fellow Dutch maritime company Smit International.[5] Despite the offer being promptly rejected by Smit's board, Boskalis has subsequently built a stake of over 25% in the firm[6] and has expressed a continuing desire to buy a number of its business units.[7] [edit] References
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