The contract carries a total value for the joint venture of approximately $118m, according to a statement by both companies.
In the coming months, studies will be undertaken and the design of the navigation channels and berths of the port will be reviewed. Subsequent dredging operations are expected to commence later this year with the deployment of various trailing suction hopper dredgers and a backhoe dredger. The dredging activities are expected to be completed in 2018.
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