Jan de Nul/Boskalis confirm JV in Argentina
Jan de Nul has confirmed that its subsidiary, Compañía Sudamericana de Dragados SA, has been awarded a contract for capital and maintenance dredging in the port of Bahia Blanca, Argentina.
The value of the contract is approximately €90m. It was acquired together with Royal Boskalis Westminster. Jan De Nul Group’s share of the contract is approximately €45m.
The project includes capital dredging and a five year maintenance contract to maintain the depth. The capital dredging work will be performed in 2012. A total of 5.5m cu/m of material will be removed with a large seagoing cutter suction dredger. This firm soil consists mainly of shale.
The maintenance contract requires the annual removal of approximately 3.8m cu/m of silt, over a period of five years, and will be carried out with a trailing suction hopper dredger and a water injection dredger.
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