Boskalis acquires port contract in Argentina

by Hans | February 23rd, 2012

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for capital and maintenance dredging in the port of Bahia Blanca, Argentina.

The contract value is approximately EUR 90 million and was acquired together with the Jan de Nul Group. Boskalis’ share of the total contract is approximately EUR 55 million.

The project scope includes capital dredging and a five year maintenance contract to maintain the depth. The capital dredging work will be performed in 2012 and 5.5 million cubic meters firm soil will be removed with a large seagoing cutter suction dredger. This firm soil consists mainly of shale. The maintenance contract requires the annual removal of approximately 3.8 million cubic meters of silt, over a period of five years and will be carried out with a trailing suction hopper dredger and a water injection 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 demand for global trade.

Press Release Boskalis

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