This website uses cookies to remember your personal preferences and gather statistics. Click here for more information about cookies.

Yes, I agree No, I do not agree X
Boskalis jaarverslagen 2012

Glossary

Building with Nature Innovation program focused on the development of new design concepts for river, coastal and delta areas. The aim of the program is to investigate the best approach to strengthen the interaction between human activities and nature.

Cashflow Group net profit adjusted for depreciation, amortization and impairments.

CO2 Carbon dioxide is an odorless and colorless gas and exists in the earth’s atmosphere. Carbon dioxide is a greenhouse gas (source Wikipedia).

Cutter suction dredger (CSD) A vessel that dredges while being held into place using spuds and anchors. This technique combines powerful cutting with suction dredging. Cutter suction dredgers are mainly used where the bed is hard and compact. The dredged material is sometimes loaded into hoppers but is generally pumped to land through a pressure pipeline.

EBIT Operating result as reported in the consolidated income statement.

EBITDA Operating result before depreciation, amortization and impairment losses.

EuDA (European Dredging Association) Non-profit industry associaton for European dredging companies and related organizations.

GRI Global Reporting Initiative. An international organization that develops global standards for annual social reporting. The aim of GRI is to make sustainability reporting as routine and comparable as financial reporting for all organizations – regardless of size, industry or location.

GTL (Gas to Liquids) A new, innovative synthetic fuel from Shell that helps to lower local emissions. GTL is colorless, almost odorless and virtually free of sulphur and aromatics. GTL has a high cetane number which means it burns much cleaner; this may help to reduce NOX, SOX and fine dust emissions compared to conventional diesel.

HFO Heavy Fuel Oil.

IADC (International Association of Dredging Companies) Global umbrella organization for private dredging contractors.

IMO The International Maritime Organization is a specialized agency of the United Nations. The IMO’s primary purpose is to develop and maintain a comprehensive regulatory framework for safe and substainable shipping.

ISM Code International Safety Management Code for the Safe Operations of Ships and for Pollution Prevention: an international standard for compliance with safety regulations and the prevention of pollution on sea-going vessels. The ISM-code requires ship managers to implement and maintain a safety management system.

ISO standard Standards of the International Organization for Standardization; the global federation of national normalization organizations that issues standard requirements for, amongst other things, quality management systems (ISO-9001) and environmental management systems (ISO-14001).

LTI Lost Time Injury Expresses the number of workplace accidents serious enough to result in absence from work.

MDO/MGO Marine Diesel Oil/Marine Gas Oil.

NINA No Injuries No Accidents In a bid to achieve an incident and accident-free working environment Boskalis applies the NINA safety program. NINA sets out Boskalis’ vision on safety and describes the safety conduct the company expects from its staff and subcontractors. The program makes people aware of their own responsibility and encourages them to take action in situations which are unsafe.

Trailing suction hopper dredger (TSHD) A self-propelled unit that loads its well or hopper using centrifugal pumps and pipes that trail over the bed as the ship sails. Trailing suction hopper dredgers can operate independently of other equipment and can transport material over long distances. The dredged material is dumped through flaps or bottom doors, by rainbowing, or pumped onto land using a pipeline.

VCA Safety, Health and Environment Checklist for Contractors applicable to our Dutch operating companies.

Added to My report add to My report