Boskalis Wins Contracts for $120Mln

Royal Boskalis Westminster N.V. has secured multiple heavy marine transport services contracts with a combined value of about $120 million.

The execution of the majority of projects is scheduled to take place in 2021 and 2022.

Following last year’s transportation of a sizable box-shaped FPSO, Boskalis secured a contract to transport a similar FPSO from China to Brazil.

With a weight exceeding 91,000 tons this marks another record-breaking transport for the BOKA Vanguard, which is scheduled to commence at the end of 2019.

Boskalis also secured a contract for the transportation of various large LNG modules from a fabrication yard in China to Russia. The contract ties up the two high-end open-stern heavy transport vessels Blue Marlin and Black Marlin commencing Q2 2021.

Furthermore, Boskalis was awarded the contract for the transportation of an FPSO from the fabrication yard in China to the North Sea in 2021 and the transportation of two Floating Production Systems from Singapore to the Gulf of Mexico in the period 2021-2022. These cargoes will be transported on the White Marlin and Blue Marlin.

These contracts were signed in the third and fourth quarter of 2019. Approximately 50% of the combined contract value was awarded in the fourth quarter.