Cempaka Belanda: Dutch maritime companies merge after all

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

Thursday, November 12, 2009

Dutch maritime companies merge after all

NRC International, 12 November 2009 16:50 |

Dutch salvage company Smit International has given up its opposition to a take over by the Dutch-based international dredging company Boskalis, the companies announced Thursday.

The dredging company (10,200 employees, turnover 2.2 billion euros) is taking over Smit International based (3,600 employees, turnover 708 million euros) in a 1.35 billion euro deal. The takeover should not cost any jobs.

At the end of last year, Boskalis tried to take over a division of Smit which provides harbour services for oil and gas terminals, but was met by strong opposition. Subsequent attempts to incorporate the whole of the Smit company also failed.

Boskalis CEO Peter Berdowski said Thursday there is no longer any question of breaking up Smit. All its activities will be continued. Ben Vree, current CEO of Smit will join the supervisory board of the merged company.

The merger creates a “Dutch maritime player of global stature,” said Berdowski. “The development of our profit margins brought the two companies together." Both companies have been hit by the economic crisis. Smit had already stopped taking on more staff and Boskalis lost projects worth 450 million euros, including the building of a port in Dubai.

“By investing less in dredging and more in salvage Boskalis wants to improve profits,” said Berdowski. He called Smit’s towing services a “pearl of growth”, as it has done relatively well in spite of the downturn in transhipment in the ports of Rotterdam and Antwerp.

In the last three weeks, merger negotiations speeded up when it became apparent that Boskalis was prepared to not break up Smit after the take over. Berdowski: “We looked deep into each others eyes. Both Ben Vree and myself changed our tunes and decided we could create more synergy together.”