Van Oord Explained

Royal Van Oord
Foundation:1868 (years ago)
Founder:Govert van Oord
Key People:
  • Govert van Oord (CEO)
  • Katja Otten (CFO)
  • Meike Salvadó-De Reede (CPO)
Type:Private
Area Served:Worldwide
Locations:56
Revenue: €2,866 million (2023)[1]
Net Income: €127 million (2023)
Num Employees:5,766 (2023)
Homepage:Vanoord.com

Royal Van Oord is a Dutch maritime contracting company that specializes in dredging, land reclamation and constructing man made islands. Royal Van Oord has undertaken many projects throughout the world, including land reclamation, dredging and beach nourishment. The company has one of the world's largest dredging fleets.[2]

History

The company was founded by Govert van Oord in 1868.[3] In 1990 it acquired Aannemers Combinatie Zinkwerken ('ACZ')[4] and in 2003 it acquired Ballast HAM Dredging (formed from the merger of Ballast Nedam's dredging division with Hollandse Aanneming Maatschappij ('HAM') two years earlier).[3] King Willem-Alexander of the Netherlands awarded Van Oord the right to use the designation "Koninklijk" (Royal) on 23 November 2018.[5]

Major projects

Projects undertaken by the company include the Oosterscheldekering between Schouwen-Duiveland and Noord-Beveland completed in 1986,[6] the Palm Jumeirah in Dubai completed in 2003,[7] the IJsselmeer pipeline in the Netherlands completed in 2006[8] and the World in Dubai completed in 2008.[7] A US sales and support office was opened in Houston, Texas in 2010.

In December 2016, the company entered a consortium with partners Shell, Eneco, and Mitsubishi/DGE and was awarded the Borssele III & IV project. It was obtained for the strike price of 54.50 euro cents per megawatt-hour, the Netherlands’ lowest-ever strike price at that time.https://uk.reuters.com/article/us-netherlands-windfarm-borssele/shell-partners-consortium-ready-to-build-dutch-offshore-wind-farm-idUKKBN1JO2DZ

In mid-2018, Van Oord announced the acquisition of MPI Offshore from the Vroon Group. MPI Offshore has specialized in offshore wind installations since 2003 as a contractor. Van Oord also takes over the two ships and crew. The transaction is subject to antitrust clearance, but is expected to close by the end of September 2018. Van Oord is mainly strengthening its position in the British offshore wind energy market.[9]

Offices

Offices Country Area
Van Oord Dredging and Marine Contractors Europe
Van Oord UK Ltd England
MackleyEngland
Sodranord SARL France
Van Oord Deutschland GmbH Germany
Van Oord Offshore Wind Germany GmbH Germany
Van Oord (Gibraltar) Ltd Gibraltar
Dravo S.A. - Italia Italy
Norway
Portugal
Caspian Dredging and Marine Contractors LLP Kazakhstan
Van Oord Dredging and Marine Contractors Romania
Van Oord Dredging and Marine Contractors - OOO Ballast Ham Dredging Russia
Dravo S.A. - Spain Spain
Van Oord Dredging and Marine Contractors Turkmenistan
Van Oord Ukraine Ukraine
Van Oord Dredging and Marine Contractors Africa
Van Oord Nigeria Ltd Nigeria
Van Oord Dredging and Marine Contractors Americas
Van Oord Serviços de Operações Marítimas Ltda. Brazil
Van Oord Dredging and Marine Contractors BV Colombia
Van Oord de México, S.A. de CV. Mexico
Van Oord Panama S.A. Panama
Van Oord Dredging and Marine Contractors BV Peru
Van Oord Offshore USA United States
Van Oord Australia Pty Ltd Australia
Van Oord (Shanghai) Dredging Co., Ltd Asia
Van Oord Dredging and Marine Contractors bv Hongkong
Van Oord India Private Limited India
PT Van Oord Indonesia Indonesia
Van Oord Dredging and Marine Contractors bv Korea
Van Oord (Malaysia) Sdn Bhd Malaysia
Van Oord Dredging and Marine Contractors bv Philippines
Van Oord Singapore Singapore
Van Oord Middle East Limited Middle East
Van Oord Gulf FZE United Arab Emirates
Van Oord Middle East Limited - Abu Dhabi Branch United Arab Emirates
Van Oord Middle East Limited - Dubai Branch United Arab Emirates
Van Oord RMC FZE United Arab Emirates
Van Oord Nederland bv Netherlands
Van Oord Offshore bv Netherlands
Van Oord Offshore Wind bv Netherlands
Van Oord Grondstoffen Netherlands
Paans Van Oord bv Netherlands
Wicks bv Netherlands
Wicks bv – Operations / Workshop Netherlands
Yard Moerdijk Netherlands
Yard Zuilichem Netherlands

External links

Notes and References

  1. Web site: Van Oord Annual Report. 2023.
  2. http://www.dredging.org/media/ceda/org/documents/resources/othersonline/rabobank-outlook_dredging_september_2013.pdf Dredging
  3. http://www.vanoord.com/gb-en/our_company/history/index.php Van Oord: history
  4. http://flagspot.net/flags/nl~oord.html Flags of the World
  5. https://www.vanoord.com/news/2018-van-oord-awarded-royal-designation-1 Van Oord awarded Royal designation – Van Oord.com
  6. http://www.deltawerken.com/Cooperation/430.html Deltawerken Cooperation
  7. http://www.infrasite.net/news/news_article.php?ID_nieuwsberichten=3125&language=en Van Oord to build third palm island in Dubai
  8. http://www.offshore-mag.com/index/article-display/262146/articles/offshore/supplements/netherlands/van-oord-opens-gas-transport-channel-across-the-ijsselmeer.html Van Oord opens gas transport channel across the IJsselmeer
  9. Web site: 2018-07-16 . Van Oord to Buy MPI Offshore from Vroon . 2022-06-06 . Offshore Wind . en-US.