Boskalis Works Council renders positive advice on fleet rationalization plan
September 19 2016 - 10:43AM
Papendrecht, 19 September 2016
Royal Boskalis Westminster N.V. (Boskalis)
announces that its Works Council has unanimously rendered a
positive advice on the fleet rationalization plan announced early
July. Part of the positive advice in an agreement to continue to
crew two of the five Fairmount vessels for the time being with
Dutch employees.
As a consequence, 24 vessels will be taken out of
service in the coming two years resulting in the loss of
approximately 650 jobs worldwide.
Furthermore, Boskalis has reached an agreement in
principle with the Works Council on a social plan. The workforce
reduction will be absorbed through attrition and redeployment where
possible and affected employees can make use of a social plan.
Boskalis will invite the trade unions to resume talks about
this.
For further information
Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com
Press:
Arno Schikker
press@boskalis.com
T +31 78 6969310
This is an
English translation of the Dutch press release. In the event of any
disparity between the Dutch original and this translation, the
Dutch text will prevail.
Royal Boskalis
Westminster N.V. is a leading global services provider operating in
the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round
solutions to infrastructural challenges in the maritime, coastal
and delta regions of the world with services including the
construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition,
Boskalis offers a wide variety of marine services and contracting
for the oil and gas sector and offshore wind industry as well as
salvage solutions (SMIT Salvage). Furthermore, Boskalis has a
number of strategic partnerships in harbour towage and terminal
services (KOTUG SMIT Towage, Keppel Smit Towage, Saam Smit Towage
and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis
operates in around 75 countries across six continents. Boskalis has
over 8,200 employees, excluding its share in
partnerships.
This press release can also be found on our
website www.boskalis.com.
PDF version of this press
release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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