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BOKA Royl.Boskalis

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Share Name Share Symbol Market Type Share ISIN Share Description
Royl.Boskalis LSE:BOKA London Ordinary Share NL0000852580 EUR 0.8
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Boskalis awarded contract for construction of quay walls and jetty in port of Rotterdam

21/12/2017 1:12pm

GlobeNewswire


Papendrecht, 21 December 2017

Royal Boskalis Westminster N.V. (Boskalis) in a consortium with Van Hattum en Blankevoort (Royal VolkerWessels) and TBI subsidiary Mobilis has been awarded a contract by the Port of Rotterdam Authority to build quay walls and a jetty, as well as to execute related activities for the construction of a new tank terminal in the port of Rotterdam. The contract is valued at more than EUR 100 million, with Boskalis' share amounting to EUR 34 million. The project will commence in early 2018 and is expected to be completed at the end of 2019.

HES International B.V. is building a new storage terminal for oil products in the port of Rotterdam. To be able to accommodate both large oil tankers and inland vessels, Boskalis and its partners will construct a 1,200-meter long quay wall for seagoing vessels, a 1,100-meter long quay wall for inland vessels, a 350-meter long jetty with four berths as well as riverbank and soil protection.

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 growth in global trade and energy consumption.

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 harbor towage and terminal services (KOTUG SMIT Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 11,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.

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

pdf version press release
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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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

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