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Van Oord

Dutch maritime contracting company

Royal Van Oord

Company type	Private
Industry	Dredging, Land reclamation, Offshore construction
Founded	1868 (156 years ago)
Founder	Govert van Oord
Headquarters	Rotterdam, Netherlands
Number of locations	46
Area served	Worldwide
Key people	Pieter van Oord (CEO) Jolanda Poots-Bijl (CFO) Paul Verheul (COO) Niels de Bruijn
Products	Palm Islands, The World, IJsselmeer, Gemini
Revenue	€2,579 million (2015)[1]
Net income	€169 million (2015)[1]
Number of employees	4,912 (2015)[1]
Website	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[edit]

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[edit]

Projects undertaken by the company include the Oosterscheldekering between Schouwen-Duiveland and Noord-Beveland completed in 1986,^[6] the Palm JumeirahinDubai completed in 2003,^[7] the IJsselmeer pipeline in the Netherlands completed in 2006^[8] and the WorldinDubai 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.[1]

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]

Subsidiaries[edit]

References[edit]

External links[edit]

Wikimedia Commons has media related to Van Oord.

• Royal Van Oord official website

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