Strategy
The merger of Boskalis and SMIT has created one of the biggest international maritime companies in the world. In order to optimize the positioning of this company in its new composition, both internally and in the market, we have fine-tuned our strategy for the period 2011-2013. The strategy is based on four pillars:
Focus
Our activities are primarily targeted at three market segments, high-potential geographic regions and Value-Adding Assets.
Optimize
We want to leverage the group’s economies of scale, integrate support activities and invest in developing competencies.
Reinforce
We want to invest in our dredging fleet and other equipment and integrate our terminal services.
Expand
We want to strengthen our regional positions with existing and new activities. We are also open to acquisitions which provide us with global niche positions and to consolidation in the area of dredging, harbour towage and terminal services.
We give a brief explanation of the various pillars on this website. A detailed explanation of our strategy can be found in our Annual Report.
- Boskalis and SMIT together in the Bahamas
To conclude
Boskalis is entering the 2011-2013 Business Plan period with a solid balance sheet and a healthy cash flow. This starting position gives us sufficient investment space to modernize and reinforce sections of the fleet with a capital expenditure program totalling around € 1 billion.
The strategic framework of our Business Plan is based on current expectations with regard to global developments in the market segments relevant to us. Within this framework we believe it may be possible to match our record 2010 annual result in 2013.
Related information
