Strategy

Strategy: Focus, Reinforce & Expand

Boskalis’ strategy is aimed at preparing the company for the opportunities and challenges it faces as a leader in the dynamic global market for dredging and maritime infrastructure.

The outlook for our market segments is driven by structural long-term growth factors: the development of global trade; rising energy consumption and transport of LNG; pressures from expanding populations and the challenges presented by climate change. Despite a slowdown in short-term growth, the long-term prospects remain positive.

In the coming years, Boskalis will increasingly focus its business portfolio on three market segments: Oil & Gas, Ports and Land Reclamation & Coastal Protection.

A growing number of customers in these market segments require an integrated, multidisciplinary approach to their projects. Instead of maintaining a traditional product-oriented approach, Boskalis is shifting towards a market and value-focused strategy. In doing so Boskalis is focusing on markets with relatively high growth and earnings potential, and the portfolio is expanding towards activities with more added value.

In order to develop a more comprehensive services proposition, it is essential to strengthen and expand the core activities. Core expansion will be achieved through organic growth as well as acquisitions and alliances.

Read more about our strategy in our 2009 Annual Report.