Koninklijke Boskalis Westminster N.V.: Boskalis consortium awarded Singapore port expansion project

 Koninklijke Boskalis Westminster N.V.: Boskalis consortium awarded Singapore
                            port expansion project

Papendrecht, 16 July 2014

Royal Boskalis Westminster N.V. (Boskalis) has in consortium been awarded work
associated with the expansion of the Singapore Tuas Mega Port development.
Jurong Town Corporation awarded the reclamation project of Tuas Finger One to
the consortium, comprising of Hyundai, Samsung, Penta Ocean, Boskalis and Van
Oord. The total contract value is SGD 960 million and the combined Boskalis /
Van Oord share is approximately EUR 100 million. It is expected that the
majority of the 24.5 million cubic meters of sand required for this project
will be supplied by long distance bulk carriers. In addition to the land
reclamation work, the consortium will undertake dredging and construct 3.4
kilometers of quay wall. Work is set to start within the next couple of weeks
and will last until late 2018.

For further information

Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com

Press:
Arno Schikker
press@boskalis.com

T +31 78 6969310

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 a strategic partnership 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 more than 11,000 employees.

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

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Source: Koninklijke Boskalis Westminster N.V. via Globenewswire
HUG#1824671
 
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