Koninklijke Boskalis Westminster N.V. : Boskalis acquires EUR 75 million dredging contract in Germany

   Koninklijke Boskalis Westminster N.V. : Boskalis acquires EUR 75 million
                         dredging contract in Germany

Papendrecht, 9 April 2013

Royal Boskalis Westminster N.V. (Boskalis) has acquired a contract from
Wasser- und Schifffahrtsamt Cuxhaven to maintain part of the shipping fairway
of the River Elbe in Germany spanning a distance of 110 kilometers. The
contract was awarded for a period of three years and has a value of
approximately EUR 75 million. The activities are to commence in May 2013.

The dredging activities are related to maintaining the shipping fairway of the
River Elbe between the city of Wedel northward in the direction of Cuxhaven.
The river is an important shipping connection between the North Sea and the
Port of Hamburg, where Boskalis recently maintained the port's basins. During
the three-year contract period a total of around 28 million cubic meters of
sand and silt will be removed, transported and placed at designated areas
along the river. For this project a medium to large-sized trailing suction
hopper dredger along with smaller trailing suction hopper dredgers for the
shallow areas will be deployed.

The Port of Hamburg is the third largest port in Europe after Rotterdam and
Antwerp. In 2011 this important European logistics hub was the port of call
for around 10,000 ocean-going vessels with freight volumes totaling 132.2
million tons.

Boskalis' strategy is aimed at benefitting from key macro-economic factors
which drive worldwide demand in our markets: expansion of the global economy,
increasing energy consumption, global population growth and the challenges
presented by climate change. This project is driven by increasing global
trade.

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 Dockwise) 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.

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

PDF version of this press release

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Source: Koninklijke Boskalis Westminster N.V. via Thomson Reuters ONE
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