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Dredging Contract

UrsaRoyal Boskalis Westminster N.V. has been awarded the contract from Secretaría de Comunicaciones Y Transportes (Ministry of Communications and Transport) for the dredging of an access channel and turning basin at the LNG import terminal of Cuyutlán on the west coast of Mexico. The contract value is approximately Euro 40 million and the work is scheduled to be completed by mid 2010. This first phase of the project requires the construction of an access channel and deepening of a lagoon to create part of a turning basin. A total of 4 million m3 of sand and clay will be dredged and the project will be executed with a medium or large sized hopper and two cutter suction dredgers.

The Boskalis strategy is designed to benefit from the key macro-economic drivers that are fuelling global demand in our selected markets: global trade, increasing energy consumption, expanding population pressures and the challenges of changing climate conditions. This port expansion project is driven by a need to cater for larger vessels and future trade volumes. This LNG project reinforces the requirement for infrastructure to accommodate the strong demand for energy resources.