Boskalis joint venture awarded Martín García channel dredging contract
December 05 2017 - 2:00AM
Papendrecht, 5 December 2017
Royal Boskalis Westminster N.V. (Boskalis) has
been awarded a 5-year contract by the Comision Administradora del
Rio de la Plata (CARP), for the capital and maintenance dredging of
the Martín García channel, located between Uruguay and Argentina in
the northern part of the 50-kilometer-wide Rio de la Plata estuary.
The contract carries a total value for the 50/50 joint venture with
DEME of approximately EUR 110 million and signing is expected
to take place in the coming weeks.
The Martín García channel is the main access
channel to Uruguay's second largest port, Nueva Palmira, as well as
to the Rio Uruguay. The main objective of the dredging program is
to deepen the canal and subsequently maintain a depth of 34 feet
over the contract period. The capital dredging work will be
performed in 2018, when approximately 6 million cubic meters of
mainly sand and silt will be removed with two trailing suction
hopper dredgers as well as approximately 500,000 cubic meters of
clay and rock with a large backhoe. The maintenance contract
requires the annual removal of approximately 5 million cubic meters
of mainly sand and silt, over a subsequent period of four years and
will be carried out with a trailing suction hopper dredger.
The Boskalis strategy is designed to benefit from
the key macro-economic drivers that fuel global demand in our
selected markets: global trade, increasing energy consumption,
population growth and the challenges of changing climate
conditions. This project is driven by the growth in global
trade.
FOR FURTHER INFORMATION
Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com
Press:
Arno Schikker
press@boskalis.com
T +31 78 6969310
Royal Boskalis
Westminster N.V. is a leading global services provider operating in
the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round
solutions to infrastructural challenges in the maritime, coastal
and delta regions of the world with services including the
construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition,
Boskalis offers a wide variety of marine services and contracting
for the oil and gas sector and offshore wind industry as well as
salvage solutions (SMIT Salvage). Furthermore, Boskalis has a
number of strategic partnerships in harbor towage and terminal
services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage
and Smit Lamnalco). With a versatile fleet of more than 900 vessels
and floating equipment and 11,700 employees, including associated
companies, Boskalis operates in 90 countries across six
continents.
This press release can also be found on our
website www.boskalis.com.
PDF version of this press
release
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Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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