Boskalis jaarverslagen 2011

SMIT Rebras opens doors for Boskalis

In 2011 Boskalis increased its stake in the Brazilian Harbour Towage joint venture Rebras (Rebocadores do Brasil SA) to 100%. SMIT Rebras has been growing fast over the recent period and has ambitious plans for the future. “We expect that sections of our market will grow strongly in the next five years and we will do everything we can to accommodate that growth,” said Mauro Sales of SMIT Rebras. Since the integration of Boskalis and SMIT the cooperation between the two parties has been embraced with enthusiasm in Brazil. The office organizations are already fully integrated, not just physically but also in terms of systems.

“We have defined three possible forms of synergy with regard to the integration of Boskalis and SMIT: costs, geographical and technical-operational,” said Frank Verhoeven, chairman of the SMIT management team. “All three forms of synergy are clearly reflected in Brazil. The integration of the offices delivers sourcing and procurement benefits and other sizeable savings. In geographical terms Boskalis can ride the wave of SMIT’s strong position in Brazil. And from a technical-operational point of view there are also many possibilities: SMIT makes use of Boskalis’ Survey department, Boskalis makes use of SMIT vessels, we both use each other’s know-how. Thanks to this combined package we are now able to respond to more tender requests compared to when we were operating separately.”

Loek Kullberg, SMIT’s Managing Director Harbour Towage & Terminals: “The main story in Brazil is growth. The country has vast oil reserves. The volume of maritime trade in Brazil has increased enormously and in addition there are extensive investment plans for the offshore industry, which will further drive demand for towage services. All these activities not only offer great chances for SMIT - think of the expansion of our activities in the area of Subsea engineering, Heavy Lift and Salvage - but especially also for Boskalis.” Mauro Sales added: ‘Brazil has 8,000 kilometers of coastline, and already has 36 large and smaller commercial ports. To take advantage of the economic developments many ports need to be deepened, in addition to which many new port areas and terminals will also be developed over the coming years. That means many opportunities for hydraulic engineering.”

One such development is the Complex Superporto do Açu. This industrial superport complex in the north of Rio de Janeiro state is the largest port-industry enterprise in Latin America and is expected to become one of the largest port complexes in the world. In August 2011 Boskalis was awarded the contract for the construction of the new TX2 port at this complex.

Added to My report add to My report Source: Annual review 2011, Boskalis at a glance, page 20