Boskalis and Van Oord Officially Ink Fehmarnbelt Deal
- Business & Finance
Femern, a subsidiary of the Danish state-owned Sund & Bælt Holding, and the Fehmarn Belt Contractors joint venture, consisting of Boskalis and Van Oord, have signed the previously announced contract related to the construction of the Fehmarnbelt Fixed Link.
Boskalis’ and Van Oord’s share of the contract is approximately EUR 300 million each.
The contract is conditional to obtaining the outstanding environmental permits that have yet to be issued by the German authorities.
The Fehmarnbelt Fixed Link will connect Denmark and Germany and will be the world’s longest immersed road and rail tunnel with a length of more than 18 kilometers.
The activity scope for Boskalis together with Van Oord includes the dredging of a tunnel trench in the seabed over a distance of 16 kilometers.
The dredged material will be reused to create a new recreational nature reserve area on the Danish side of the Fehmarnbelt. The joint venture will also construct a new working harbor where the tunnel contractors will construct a tunnel fabrication yard where the tunnel sections will be cast before being floated out to sea for installation.