Milestone contract for Singapore’s Tuas mega port inked
Singapore, 23 April 2015 - The Maritime and Port Authority of Singapore (MPA) and the Dredging International Asia Pacific-Daelim Joint Venture (DDJV) signed the Contract for the Tuas Terminal Phase 1 Reclamation, Wharf Construction and Dredging Project today during the inaugural Singapore Maritime Technology Conference.
The signing ceremony was attended by close to 300 guests from over 10 countries, including H.E. Josephine Teo, Senior Minister of State, Singapore’s Ministry for Finance and Ministry for Transport, H.E. Gerard Cockx, Ambassador of the Kingdom of Belgium to Singapore, as well as H.E. Suh Chung-Ha, Ambassador of the Republic of Korea to Singapore.
The Tuas Terminal Phase 1 project is large in scope, and entails the construction of a new port terminal with 20 deep-water berths having a total capacity of 20 million twenty-foot equivalent units (TEUs) per annum. The Joint Venture will be responsible for the erection of an 8.6-kilometre quay wall and its foundation, the dredging of the fairway and basins, as well as the reclamation of 294 hectares of new land.
To achieve this, more than 80 million cubic metres of reclamation fill will be used comprising dredged materials from the seabed, excavated materials from other land-based projects and sea sand. Laid with a foundation of 222 caissons each weighing about 15,000 tonnes, the quay wall will be fabricated at a temporary yard on site and transported using a newly constructed 20,000-tonne floating dock vessel. One of DEME’s most powerful rock cutter suction dredgers and a trailer suction dredger will also be deployed for the dredging works. The construction activities shall be executed according to strict environmental requirements specified and with continuous environmental monitoring supervision by an independent environmental specialist appointed by MPA.
This major project is expected to complete within six years, and has been awarded to the Joint Venture for a Contract value of SGD 2.42 billion (or approximately EUR 1.67 billion).
About the Tuas Terminal Project
The Government of Singapore will start to consolidate its world-class container port facilities at Tuas from 2030. New technology will be introduced at the greenfield site to create a hypermodern, innovative and largely automated logistics hub. The consolidation will also free up existing port land near the city centre for future urban redevelopment. The Tuas Terminal Project, of which Phase 1 is a crucial milestone, will ensure that Singapore’s leading global hub port continues to have sufficient capacity in the long term to meet industry demand.
About Dredging International Asia Pacific and DEME
Dredging International Asia Pacific Pte Ltd is the Asian arm of the DEME Group, incorporated in Singapore since 1996. DEME, the premier Belgian dredging, hydraulic engineering and environmental solutions group, provides solutions for global challenges - overpopulation in coastal areas, increasing seaborne trade, and the rising global demand for energy and strategic resources - worldwide, on a daily basis.
The Group's core business of dredging and land reclamation is supplemented by diversified activities that address different strategic drivers: hydraulic projects at sea, services to oil and gas firms, the installation of offshore wind farms, environmental activities such as soil remediation and sediment recycling, revalidation of brownfield sites and wreck clearance.
Its multi-disciplinary know-how and experience have allowed the DEME Group to grow into a global solutions provider. The Group owns one of the most modern, high-tech and versatile fleets for dredging and hydraulic engineering activities. Active since 1852, the Group's solutions have never been more relevant than today, and this is reflected in its key figures: DEME employs 4,500 people worldwide and realised a turnover of EUR 2.6 billion in 2014.
About Daelim Industrial Co., Ltd
Daelim Industrial Co., Ltd., headquartered in Seoul, Korea, is a leading contractor worldwide, generating an annual turnover of approximately USD 10 billion in 2014. Daelim is the oldest of the Korean contractors, and has three core business activities; Civil, Architecture & Housing, and EPC Plant Works. Daelim has successfully accomplished many landmark projects, both inside Korea and overseas, in no small part due to its more than 6000 top-notch engineers and staff..
Daelim made inroads into the overseas market in 1966, as the first Korean construction contractor to do so, and has since then been actively participating in many remarkable projects in Asia, the Middle East and Africa. Daelim is expanding its presence in Europe and the Americas as well. The company first entered the Singapore market in 1972, to execute Marine Facilities for the Singapore Refinery Project. Since then, Daelim has undertaken several projects in Singapore, including one of the Marina Coastal Expressway packages, which became the foothold for Daelim to become one of the major players for Singapore Infrastructure projects.