Koninklijke Boskalis Westminster N.V. : Boskalis acquires EUR 70 million dredging contracts in Australia and Vietnam

   Koninklijke Boskalis Westminster N.V. : Boskalis acquires EUR 70 million
                 dredging contracts in Australia and Vietnam

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.

FOR MORE INFORMATION

Investor Relations:

Martijn L.D. Schuttevâer

ir@boskalis.com



Press :

Arno Schikker

press@boskalis.com

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.

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

Melbourne
pdf version

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