Boskalis secures important LNG module transport contract

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract for
the transportation of a large number of modules for a North American LNG
export facility.

The contract value amounts to approximately USD 55 million
with additional options for extensions, worth up to USD 30 million.

The scope of work includes the logistical management and transportation of
various large modules from a fabrication yard in China to the facility in North
America. The contract ties up two high-end open-stern heavy transport vessels
commencing the second quarter of 2021 through to the third quarter of 2022.
The Boskalis strategy accounts for the long term macro-economic trends that
drive global demand in our selected markets: global trade, increasing energy
consumption, population growth and the challenges related to climate change.
This project is tied to the increase in energy consumption with natural gas
being recognized as an important bridge in the energy transition.