Date: 17 December 2007
Royal Boskalis Westminster nv has acquired a large dredging contract for the expansion of the coal export harbor of Newcastle in Australia. The client is Newcastle Coal Infrastructure Group, a consortium of coal producers BHP Billiton, Centennial Coal, Donaldson Coal, Peabody Energy Australia Coal, Felix Resources and Whitehaven Coal. The contract will be executed in joint venture with Dredging International nv. The project will be executed in approximately 18 months until mid 2009. The contract value is approximately 120 million, with the share of Boskalis being approximately 60 million.
The assignment includes reclamation of land for wharfs, dredging an export harbor and deepening an access channel. A total of 5 million m³ of material will be dredged. Boskalis will deploy equipment that includes cutter suction dredgers, backhoes and grab dredgers.
More information about this project can be found on www.ncig.com.au.
This project in Australia a is one of a series of large-scale commodity driven projects on the global maritime infrastructure market. The market is driven by long-term factors, such as increases in the global population, the growth of the global economy and international trade volumes and the developments on the energy markets.
Royal Boskalis Westminster nv is an international group with a leading position in the world market for dredging services. Its core activities are the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. The company holds important home market positions in and outside of Europe and targets all market segments in the dredging industry. It also has positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). Boskalis has a versatile fleet of over 300 units and operates in over 50 countries across five continents. Including its share in partnerships, Boskalis has approximately 8,000 employees.
For further information please contact:
Roel Berends - Corporate Relations
Telephone: +31 (0)78 69 69 822 / +31 (0)6 2001 0232
Fax: +31 (0)78 69 69 020
This press release can also be found on our website www.boskalis.com.
For IR matters contact our Director of Investor Relations & Corporate Communications.
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