Boskalis lowest bidder for Elbe deepening project in Germany

Papendrecht, 19 December 2018

Royal Boskalis Westminster N.V. (Boskalis) recently submitted a tender to WSA Cuxhaven for the deepening of the river Elbe. Yesterday evening, the awarding client published the commercial outcome of the tender in which Boskalis submitted the lowest price. WSA Cuxhaven will verify the commercial and technical aspects of the tender in the coming weeks and is expected to award the contract of approximately EUR 200 million in the second half of January 2019. The dredging activities are due to commence in February 2019.

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. 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 10,700 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.