Vosta LMG signs U.S. contract for 18" Cutter Suction Dredge design

Vosta LMG won a contract for components and engineering package for an 18-in. Cutter Suction Dredge for Cottrell Contracting, a U.S.-based dredging company. The dredge will be built in co-operation with Cottrell Contracting at a shipyard in the U.S. The 18- in. Cutter Suction Dredge is a U.S. equivalent of a CSD500, but has accommodation for 25 people is built to work in a variety of conditions. The current fleet of Cottrell Contracting needed to be extended due to an increase in workload.

Vosta LMG's newly established office in the U.S., Vosta Inc., played a vital role in securing the order.

Vice President Greg Holder said "The Cottrell deal shows the need for a local presence of Vosta LMG in the U.S. market," according to Greg Holder.

Vosta LMG is also currently working on three large Trailing Suction Hopper Dredge projects: • A 10,000 cu. m. TSHD, currently being built at Mitsubishi Heavy Industries' shipyard in Kobe, Japan for Egyptian end-user Suez Canal Authority • A 5.000 cu. m. TSHD built in cooperation with a Chinese partner shipyard in Shanghai for Chinese Huanghua Port • A 1.500 cu. m. TSHD built with partner shipyard Damen Hoogezand for Vietnamese Waterway Dredging and Construction Company.

Modifications on existing Trailing Suction Hopper Dredges are also ongoing for a German and a Northern European Dredge contractor.

Also, the order portfolio for components and spare parts looks healthy with large orders for among others cutter teeth and dredge pump wear parts.

shipyard A & B Industries dredging contract company service fleet president construction market order industries Suez Canal Shanghai authority japan