International Association of Dredging Companies (IADC) is getting ready to host their second ‘Meet the Experts’ webinar next week.
Yves Bosteels of Jan De Nul Group will on May 4, 11:00 CET address the importance of managing financial risks in a dredging project.
In this webinar, the topic of managing financial risks will be linked to the Brisbane Airport dredging and reclamation project.
For any contractor operating worldwide, the exposure to fluctuations between ‘home’ currency and the ‘contract’ currency is a clear and present danger. If this issue is not addressed when negotiating a contract, it could have a rather large impact on the bottom line of the project.
The same can be said about the price of fuel. The amount of money spent on fuel is quite large and the price of this commodity can also vary rapidly.
During the webinar, Yves Bosteels will explain how these two parameters impacted the project’s budget estimate and what a company can do to protect itself against the negative effects of such fluctuations.
To register for this webinar, please click here.