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Fairmount Marine sold to Dutch group Royal Boskalis Westminster NV

3 March 2014

Fairmount Marine sold to Dutch group Royal Boskalis Westminster NV

LOUIS DREYFUS ARMATEURS (LDA) Group today announces it has sold its Dutch subsidiary Fairmount Marine to Dutch group Royal Boskalis Westminster NV (Boskalis).

In the last 7 years, LDA Group has transformed Fairmount Marine from a pure operator into a fully integrated shipowner with a fleet of 5 modern tug vessels, dedicated to ocean towage operations. Thanks to Fairmount Marine team skills and know-how and LDA Group expertise, the company has been successfully reorganized from an operator structure into a shipowning company, able to expand its various businesses and to develop an excellent track record.

LDA Group has decided to sell this company to Boskalis to give Fairmount Marine an opportunity to tackle new challenges, inside Boskalis organization. It is also a strategic decision for LDA Group to focus on its bulk transport and logistics activities as well as on marine industrial services based on long term contracts.

About LDA Group

LOUIS DREYFUS ARMATEURS Group (LDA), founded more than 150 years ago, is a French family-owned Group active in maritime transportation and services.

Offering a worldwide presence with over 2,000 staff and 60 vessels, LDA Group is organized around three core businesses:

Dry Bulk & Logistics: dry bulk transportation with CETRAGPA; industrial projects, offshore transhipment and port logistics for dry bulk with LD PORTS & LOGISTICS.

Industrial services: transportation of heavy and specialized cargoes with FRET-CETAM for AIRBUS; submarine cable installations, ROV operations and services dedicated to marine renewable energies with ALDA MARINE (partnership with ALCATEL-LUCENT) and LOUIS DREYFUS TRAVOCEAN ; seismic research with GEOFIELD (partnership with CGG).

Short Sea activities: freight and regular passenger services in partnership with DFDS; pioneer of the “Motorways of the Sea” concept with GLD ATLANTIQUE; port stevedoring with NICOLAS FRERES.

Contact presse :

DGM Conseil (M. Tarick DALI - +33 (0)1 4070 0522) –

Copyright : Louis Dreyfus Armateurs

Logo : Fairmount Marine