Belgian group DEME was awarded with dredging contracts in Africa worth 125 million EUR

DEME ship dredgerThe Belgian group DEME won several dredging and offshore engineering contracts in Africa with a total value of about 125 million EUR. According to the press service of the group, the agreement were signed during the past few weeks, regarding operations in Angola, Benin, Ghana, Cote d’Ivoire, Liberia and Nigeria. The new contracts are important for the financial stability of the company in the years of decreasing investments in shipping sector and restructuring of the business. All the contracts will commence in 2017, employment large number of the hi-tech fleet of the company operator.

In Angola, the company received a five-year contract to repair the dredging of the LNG terminal in Soyo. The contract was received from the local company Angola LNG and the work is schedule to commence in mid-June 2017.

In Benin, DEME signed a contract to strengthen the coastline of Cotonou. The works include the deposition of a territory of 1.5 million cubic meters, as well as the creating of breakwaters.

In Ghana, DEME will participate in the expansion project of the Tema port, the country’s main seaport, which is in operation by the administration of Meridian Port Services (MPS). The management company implements the expansion project aiming to handle the largest container vessels and increase the cargo turnover and capacity of the port. The contract includes carrying out dredging and alluvial works of 3 million cubic meters. The work is planned to commence in late May 2017.

In Ivory Coast, the company will perform repair dredging in the port of Abidjan in May 2017. This is the third dredging contract, which DEME received from the port administration of Port Autonome d’Abidjan.

In Liberia, DEME will carry out repair dredging in Liberia’s free port under a contract signed with the national administration of the ports of Liberia.

In Nigeria, DEME received a contract to strengthen the shoreline of the Maiyegun Waterfront district in Lagos. There will be performed an alluvial work of about 600 thousand cubic meters to improve the level of the existing shoreline. On its territory will be placed new residential buildings, a commercial center, as well as facilities for leisure and recreation.

Prior to this, the group won a contract for the Lagos Deep Offshore Logistics Base (LADOL) logistics hub project, under which DEME will carry out the construction of a dock and a dock for the interests of Samsung Heavy Industries, as well as the dredging of the pier’s depth and the approach channel, on behalf of Samsung Heavy Industries.

A major international dredging contractor, the Belgian group of companies DEME was established in April 1991. The parent company of the DEME Group is Dredging International N.V. The company, which owns a modern specialized fleet and equipment, carries out large international contracts for dredging and construction of artificial territories. The DEME Group also implements hydrotechnical projects, provides services for oil and gas companies, monitors marine wind farms, participates in environmental projects (reclamation and disposal of sediments) and cleansing water areas from parts of wrecks. The total number of DEME personnel is 4,600. The group’s turnover in 2016 reached 1.97 billion EUR.