Boskalis Secures Huge LNG Module Transport Contract Worth USD 55 Million
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.