Koninklijke Boskalis Westminster N.V. : Boskalis subsidiary Dockwise secures USD 175 million new contracts including a Vanguard

 Koninklijke Boskalis Westminster N.V. : Boskalis subsidiary Dockwise secures
       USD 175 million new contracts including a Vanguard FPSO contract

Papendrecht, 9 July 2013

Royal Boskalis Westminster N.V. (Boskalis) announces that Dockwise has
recently been awarded numerous new contracts for heavy marine transport as
well as transport and installation (T&I) services. The contracts were awarded
since mid-June and carry a combined total value of approximately USD 175

Various short term heavy marine transport contracts were acquired, primarily
for the transportation of jack-up rigs, and all due to commence in the next
couple of months. Included in these contracts is the transportation of large,
state-of-the-art new built rigs from Singapore to Brazil in 2013/14 on the
Dockwise Vanguard.

Furthermore, four long term heavy marine transport contracts were acquired of
which two also include a float-over T&I component. Dockwise will transport a
jacket and topside unit for delivery in Malaysia and install the 15.000 MT
topside through a float-over (2015); transport a fixed production structure on
behalf of Statoil from Korea to Norway (2016); and Dockwise will execute the
installation of the topside for the Aasta Hansteen development in the North
Sea through a dual barge float-over (2015). The remaining heavy marine
transport contract will involve the Dockwise Vanguard, the world's largest
semi-submersible heavy lift vessel. The Dockwise Vanguard will be deployed for
the transportation of a Floating Production, Storage and Offloading unit
(FPSO) from the Far East to West Africa (2016).

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 contract wins by Dockwise are
closely related to the increase in 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 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

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


Investor Relations:

Martijn L.D. Schuttevâer



Arno Schikker


T +31 78 6969310

F +31 78 6969020

PDF version of press release


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