Annual Report

Van Oord N.V. 2019

Key figures

What we do People Financial figures Our activities Locations

What we do

4 Markets drivers

Climate change and rising sea level

Maritime transport

Urbanisation and infrastructure

Growing demand for energy and the energy transition

2019

44

countries

207

projects

Revenue per business unit*

Dredging

2018: 852

Netherlands

2018: 115

Offshore Wind

2018: 706

Offshore

2018: 203

Main equipment

vessels**

* million Euros
** including vessels under construction

employees (in FTEs)

2018: 4,954

nationalities

2018: 74

Male

2018: 86

Female

2018: 14

Safety

TRIR

2018: 0.67

Training courses Number of participants

2018: 3,353

Ownership

Shareholders Van Oord N.V.

MerweOord B.V. 78.5% ConsOord B.V. 10.75% Ulran S.A. 10.75%

Revenue*

2018: 1,876

Order book*

2018: 3,676

* million Euros

Founder's mentality

We are a Dutch family-owned company with 150 years of experience as an international marine contractor. We value open communication with our clients and stakeholders. Our company culture is one of entrepreneurship and engaged employees. We think and act with responsibility and focus on the long term.

Values

Mission

As a global marine contractor, we focus on dredging, oil & gas infrastructure and offshore wind. We work closely and safely with our clients and stakeholders to create innovative and sustainable solutions.

Purpose

Our purpose is to create a better world for future generations by delivering Marine ingenuity.

Europe

Azerbaijan – Baku
Belgium – Sint-Niklaas
Cyprus – Nicosia
Denmark – Copenhagen
Finland – Kokkola
France – Villepinte
Germany – Hamburg
Gibraltar
Ireland – Dublin
Italy – Rome
Kazakhstan – Aktau
Lithuania – Klaipeda
Netherlands – Bolsward
Netherlands – Gorinchem
Netherlands – Rotterdam
Norway – Oslo
Poland – Warsaw
Portugal – Lisbon
Romania – Constanta
Russia – St. Petersburg
Spain – Madrid
Turkey – Istanbul
United Kingdom – Small Dole
United Kingdom – Stokesley

America

Brazil – Rio de Janeiro
Canada – Calgary
Colombia – Bogota
Curaçao – Willemstad
Mexico – Mexico City
Panama – Panama
United States – Houston

Africa

Angola – Talatona-Luanda
Mozambique – Maputo
Nigeria – Ikeja-Lagos

Middle East & West Asia

Bahrain – Manama
India – Mumbai
Qatar – Doha
United Arab Emirates – Abu Dhabi
United Arab Emirates – Dubai

Asia & Australia

Australia – Brisbane
China – Shanghai
Hong-Kong
Indonesia – Batam
Indonesia – Jakarta
Japan – Tokyo
Korea – Busan
Malaysia – Kuala Lumpur
Philippines – Manila Singapore
Taiwan – Keelung City
Thailand – Bangkok
Vietnam – Hanoi

Van Oord is a global marine contractor, we focus on dredging, land infrastructure in the Netherlands, offshore wind and oil & gas infrastructure

Projects
highlights

Dubai Harbour Masterplan

Afsluitdijk

Norther offshore Wind Farm

Foreword by the CEO

Anticipating and
responding to challenges
and new opportunities

This annual report was produced before the corona crisis occured. As such the outlook in this document will be affected by this crisis. We have not taken into account the consequences of this crisis as they are unknown. In the short term the outlook of our company is affected due to the corona crisis. At this stage we are unable to assess the consequences of this crisis for our business drivers, our markets and our projects.
Read more

The needs of the community were extremely important on this complex project. Wulfert Bontenbal Van Oord Project Manager

Blauwwind is responsible for the design, construction and operation of Borssele III & IV. Roeland Borsboom Blauwwind Project Director

The restored beaches will boost tourism, the main source of income for the local population. Colonel Diallo APIX Director

Being part of the consortium gave us extra confidence the project would go ahead. Jan-Willem Elleswijk Van Oord Project Director

We knew that trust and transparency about contract execution were vital to keep local people on board. Marjoke Hoeve Regional Water Board Project Manager

Van Oord offered dozens of unskilled local people the opportunity to attend an external vocational training course. Bart Kloet Van Oord Project Manager

The project team used the proceeds from the plastic we collected to buy notebooks, pencils and other school materials for the children. Maarten Meeder Van Oord Regional Manager

This extremely remote project site was a logistical challenge that Van Oord managed well. Steve Nnorom NigerStar 7 Project Manager

Let's
talk

Sections of the Annual Report

Introduction

The world of Van Oord

Strategy and value creation