Boskalis to reinforce Wadden Sea dike between Eemshaven and Delfzijl

Papendrecht, 28 June 2016

Royal Boskalis Westminster N.V. (Boskalis) announces that the Noorderzijlvest district water board intends to award the contract for the Eemshaven-Delfzijl dike reinforcement project to a consortium consisting of Boskalis & KWS Infra. The contract carries a value of more than EUR 60 million, of which Boskalis' share is more than EUR 40 million.

The project involves raising and widening the Wadden Sea dike between Eemshaven and Delfzijl over a distance of twelve kilometers, as well as making the dike earthquake-proof. The operations will be carried out from the end of 2016 until the end of 2019. The dike reinforcement project is part of the Dutch Flood Protection Program, an alliance of Rijkswaterstaat (the Dutch Directorate General for Public Works and Water Management) and all district water boards aimed at reinforcing primary dikes in a more innovative and robust manner.

At present the dike between Eemshaven and Delfzijl is strong enough but it does not meet the new government standards that will apply from 2017. The reason for this is rising sea levels and climate change, as well as earthquakes and subsidence due to gas extraction operations in the area.

For further information

Investor relations:
Martijn L.D. Schuttevâer
[e-mail]

Press:
Arno Schikker
[e-mail]

T [phone]

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 harbour towage and terminal services (KOTUG SMIT Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis operates in around 75 countries across six continents. Boskalis has over 8,200 employees, excluding its share in partnerships.

This press release can also be found on our website www.boskalis.com.

PDF version of this press release

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via Globenewswire

HUG#2023602