Boskalis acquires EUR 70 million dredging contracts in Australia and Vietnam

Mon Mar 11, 2013 4:02am EDT

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Papendrecht, 11 March 2013

Royal Boskalis Westminster N.V. (Boskalis) has acquired dredging contracts in Australia and
Vietnam with a combined contract value of approximately EUR 70 million.

In Melbourne, Australia, Boskalis has been awarded the dredging contract for maintenance dredging.
The contract was awarded by the Port of Melbourne Corporation and is for a period of four years
with two options for extension, each of three years. The dredging activities, which are to
commence in March 2013, relate to the maintenance of the port basin and sections of the 60
kilometers access channel. For this project a medium-sized trailing suction hopper dredger and a
backhoe will be deployed for the dredging and capping of the sediment. The port of Melbourne is
the largest container and cargo port in Australia. 

 In Vietnam Boskalis acquired a contract from a consortium led by Petrovietnam Technical Services
Corporation, a subsidiary of the National Vietnamese Oil Company Petrovietnam. In Nghi Son an
approach channel and port basin for a new refinery and petrochemical complex will be dredged. On
completion of the dredging works vessels of 30,000 DWT will be able to access the port to service
the Nghi Son refinery, which is expected to have a capacity of 200,000 barrels a day. A jumbo
trailing suction hopper dredger will be deployed for the project which is expected to commence
later this year. The project is expected to be completed by mid 2014.

Boskalis' strategy is aimed at benefitting from key macro-economic factors which drive worldwide
demand in our markets: expansion of the global economy, increase in energy consumption, global
population growth and the challenges that go hand in hand with climate change. These projects
closely relate to both the increasing global trade and energy consumption. 


 Investor Relations:

Martijn L.D. Schuttevâer 


Press :

Arno Schikker 

 T +31 78 6969310 

F +31 78 6969020

 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 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 offshore energy sector including subsea, heavy
transport, lifting and installation (through Boskalis Offshore) and towage and salvage (through
SMIT). It also has strategic partnerships in the Middle East (Archirodon) and in terminal services
(Smit Lamnalco). With a versatile fleet of over 1,100 units Boskalis operates in around 75
countries across six continents. Including its share in partnerships, Boskalis has approximately
15,600 employees.

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