In shaping and executing our corporate strategy, we closely monitor the long-term global trends that underpin the Boskalis business model. Population growth, greater economic prosperity, climate change, and the energy transition represent significant trends that drive demand for maritime and inland infrastructure, energy projects, and climate-adaptive solutions.
Sustainable growth
At the core of our business strategy is a commitment to sustainable growth. We aim to pursue this commitment across all our operations.
Purpose
We create and protect prosperity and advance the energy transition.
Mission
We strive to be the leading dredging and maritime contracting experts, creating new horizons for all our stakeholders.
Our strategy for the next three years builds on our recent success. Our strategic framework is structured around three key activity clusters and their societal impact, aimed at fostering sustainable growth for Boskalis.
- Advance the Energy Transition: we help create infrastructure that delivers renewable, reliable, and affordable energy.
- Protect through Climate Adaptation: we help protect populations and the natural environment from the consequences of climate change, such as rising sea levels and extreme weather conditions, through our coastal defense and riverbank protection activities; and
- Create Innovative Infrastructure: we create and maintain innovative infrastructure that promotes socio-economic prosperity by supporting world trade and urban development.
Additionally, our marine salvage business creates additional benefits by salvaging vessels and their cargo whilst protecting seas and oceans from pollutants and environmental damage.
The success of these activities rests on four pillars: Good Stewardship, Human Excellence, Innovation and Distinguishing Assets.
Strategic pillars 2025-2027
Good Stewardship
Good Stewardship is the first, overarching pillar supporting our business strategy and is fundamental to the success of the company. We act responsibly whilst taking the interests of stakeholders into consideration. Effective stewardship requires careful management of both risks and opportunities and plays a vital role in achieving our strategic goals.
Human Excellence
Our employees are fundamental to our success and play a critical role in achieving our objectives. Consequently, our human capital strategy lies at the core of our business approach. Through the Human Excellence pillar within our Corporate Business Plan, we are committed to developing the skills and career ambitions of our people and creating the right conditions for everyone to reach their full potential. This includes the expansion of international talent acquisition and focused sourcing across Europe, Southeast Asia and the Middle East, as well as investing in defined career pathways, regular employee development dialogues and tailored learning and development programs.
Innovation
Our strength lies in our ability to be innovative. We seek to modify, repurpose and construct distinguishing assets while developing more efficient working methods that improve productivity and mitigate environmental impact. Our multidisciplinary teams use advanced predictive models and data-driven decision support to manage project complexity, enabling us to optimize designs and reduce costs.
Distinguishing assets
Together with our human capital, Boskalis’ competitive edge lies in its ability to deploy proprietary, distinguishing assets. During the new business plan period, we expect to invest in a range of assets, comprising a combination of new builds, vessel modifications and acquisitions of existing vessels for both the Dredging and Offshore divisions. The total investment amount is expected to exceed the annual depreciation charges.
