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Boskalis secures $120m in heavy marine transport contracts

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Royal Boskalis Westminster (Boskalis) recently secured several heavy marine transport services contracts.

The contracts were awarded by a variety of clients and have a combined value of approximately $120m, Boskalis said in a statement. 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 tonnes this marks another record-breaking transport for the Boka Vanguard (pictured). The contract scheduled to start 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.

The contracts were signed in the third and fourth quarter of 2019. Approximately 50% of the combined contract values were awarded in the fourth quarter.