DEME: Gdansk dredging wraps up, La Rochelle work starts, Ravenna modernization continues

DEME Group said in its latest Annual Report that the Dredging & Infra segment reported a turnover of 1.6 billion euro, 5% higher than 2022.

Orderbook increased 33% compared to the previous year and the segment continued to perform underlong-term maintenance dredging contracts in Europe including different seaports in Belgium.

In Germany, the segment added both maintenance and new capital dredging work, expanding its presence around the River Elbe between Hamburg and the North Sea.

The segment also completed the dredging works for a new container terminal in Gdansk in Poland, started dredging hard rock in the Port of La Pallice in La Rochelle in France and continued the modernization works for the Port of Ravenna in Italy.

Overseas, the segment finished the works on a container terminal in Sri Lanka and continued working on several projects in West Africa and maintenance dredging projects in India.

The segment also continued capital dredging and land reclamation works for the extension of the Port of Abu Qir in Egypt and executed dredging and reclamation works in Abu Dhabi deploying multiple trailing suction hopper dredgers and mega cutter suction dredgers.

In Saudi Arabia, the preparatory activities for the Oxagon Phase 2 project were immediately initiated following the contract award in the last quarter of the year.