(With video) After announcing a net profit of 490 million euros over 2014 last week, Boskalis can now add a 55 million euro contract to its 2015 order book for constructing another artificial residential island in Panama.
Boskalis has been awarded the contract by Compañía Insular Americana, S.A.. The island will be located off the coast near the residential area of Punta Pacifica in Panama City. This project follows the construction of the first island by Boskalis, which was handed over to the client in early 2013. The project is scheduled to commence in the course of the second half of 2015 and is expected to last for two years.
Artificial Island
The project involves constructing the second artificial island in the Pacific Ocean off the densely populated shoreline of Panama City. Nine hectares of land will be created by using approximately 600,000 cubic metres of rock to form a perimeter and filling it with 1.3 million cubic metres of sand. A bridge will be built to connect the second island to the first island.
The client Compañía Insular Americana, S.A. is an affiliated company of Ocean Reef Island Inc for which Boskalis constructed the first artificial island.
Vessels to Be Deployed
Boskalis will use tugboats and barges to transport the rock and a clamshell and excavators to install the rock perimeter. Thereafter, the island will be filled with sand supplied by a large trailing suction hopper dredger.
Below an artist impression film of the island.
