Papendrecht, 29 September 2009
Royal Boskalis Westminster N.V. has been awarded the contract from Secretaría de Comunicaciones Y Transportes (Ministry of Communications and Transport) for the dredging of an access channel and turning basin at the LNG import terminal of Cuyutlán on the west coast of Mexico. The contract value is approximately 40 million and the work is scheduled to be completed by mid 2010.
This first phase of the project requires the construction of an access channel and deepening of a lagoon to create part of a turning basin. A total of 4 million cubic meters of sand and clay will be dredged and the project will be executed with a medium or large sized hopper and 2 cutter suction dredgers.
The Boskalis strategy is designed to benefit from the key macro-economic drivers that are fueling global demand in our selected markets: global trade, increasing energy consumption, expanding population pressures and the challenges of changing climate conditions. This port expansion project is driven by a need to cater for larger vessels and future trade volumes. This LNG project reinforces the requirement for infrastructure to accommodate the strong demand for energy resources.
This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail.
Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. Boskalis provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world including 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 10,000 employees.
For further information please contact:
Martijn L.D. Schuttevâer
Director of Investor Relations & Corporate Communications
Telephone: +31 78 69 69 822 / +31 6 200 10 232
Telefax: +31 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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