December 28, 2017 [Nasdaq] – Royal Boskalis Westminster N.V. (Boskalis) in a consortium with Van Hattum en Blankevoort (Royal VolkerWessels) and TBI subsidiary Mobilis has been awarded a contract by the Port of Rotterdam Authority to build quay walls and a jetty, as well as to execute related activities for the construction of a new tank terminal in the port of Rotterdam.

The contract is valued at more than EUR 100 million, with Boskalis’ share amounting to EUR 34 million. The project will commence in early 2018 and is expected to be completed at the end of 2019.

HES International B.V. is building a new storage terminal for oil products in the port of Rotterdam. To be able to accommodate both large oil tankers and inland vessels, Boskalis and its partners will construct a 1,200-meter long quay wall for seagoing vessels, a 1,100-meter long quay wall for inland vessels, a 350-meter long jetty with four berths as well as riverbank and soil protection.

The Boskalis strategy is designed to benefit from the key macro-economic drivers that fuel global demand in our selected markets: global trade, increasing energy consumption, population growth and the challenges of changing climate conditions. This project is driven by the growth in global trade and energy consumption.