deme: creating land for the future

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Activity report 2015 DEME: Creating land for the future

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Page 1: DEME: Creating land for the future

Activity report 2015

DEME: Creating land for the future

Page 2: DEME: Creating land for the future

DEME’s success factors

→ Company with long tradition → Wealth of experience → Dynamic & entrepreneurial spirit → Multidisciplinary approach → Innovative and creative → Strong and flexible organisation → Solutions provider for specialised and complex challenges → Modern & versatile fleet → Diversified markets & services → Expanded & diversified investment programme → Strong home markets & balanced geographical spread → Deliberate win-win partnering philosophy → Integrated management & cost-saving system → Strong team spirit at different levels (sites, vessels and management) → Strong shareholder with long-term vision

Frontcover: Jack-up vessel ‘Innovation’

“DEME is an impressive international company, but this is not the only reason it was nominated winner of ‘Entrepreneur of the Year 2015’. As a group it complied with most if not all of the objectives set by the jury. It has numerous qualities that explain our choice.

The organisation has created a well-balanced relationship between management and shareholders, and continuously strives to be the best in the world in terms of technology and innovation. Moreover, the organisation’s culture is based on respect for its employees and other stakeholders. DEME can also boast of an impressive record of sustained and profitable growth.”

Count Paul Buysse, Chairman of the jury’Entrepreneur of the Year 2015’

Page 3: DEME: Creating land for the future

1

“DEME is an impressive international company, but this is not the only reason it was nominated winner of ‘Entrepreneur of the Year 2015’. As a group it complied with most if not all of the objectives set by the jury. It has numerous qualities that explain our choice.

The organisation has created a well-balanced relationship between management and shareholders, and continuously strives to be the best in the world in terms of technology and innovation. Moreover, the organisation’s culture is based on respect for its employees and other stakeholders. DEME can also boast of an impressive record of sustained and profitable growth.”

Count Paul Buysse, Chairman of the jury’Entrepreneur of the Year 2015’

Page 4: DEME: Creating land for the future

2 3

Table of contents

2 Introduction

4 Message from the board of directors

6 General Management

8 Strive for Excellence

10 Financial Highlights

12 About DEME

14 In General

20 Group Structure

22 Health & Safety

24 Innovation

28 Fleet Investment Programme

32 Environment & Climate

36 Continuous Improvement Approach

38 Export & Project Finance

40 Innovative Contracting

41 People@DEME

44 Commit to be Fit

46 Corporate Social Responsibility

50 Project Overview

128 DEME’s Fleet & Offices

Table of content

‘Innovation’ & ‘Congo River’ in Antwerp on the occasion of DEME’s family day - October 2015

Page 5: DEME: Creating land for the future

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Message from the board of directors

Excellent operating result In 2015, DEME realised a turnover of 2.35 bil-lion EUR and an EBITDA of 558.4 million EUR (+ 23.8% according to the previous year). The strong cash flow permitted DEME end the year with only a moderate increase in the net finan-cial debt to 266.7 million EUR, after having in-vested 373 million EUR in the expansion of its fleet. DEME’s order book continues to be at a high level thanks to many new contracts, even-ly spread across all continents and activities.

No-incident policyThe employees’ health and wellbeing is DEME’s prime concern. The company will continue to invest to close any remaining gaps to achieve its ultimate goal of zero incidents. A new im-pulse will be given to the pioneering, in-house ‘CHILD’ safety campaign in order to further im-prove DEME’s safety performance.

Beyond compliance DEME continues to be at the forefront of the industry when it comes to innovative solutions, operational excellence and limiting the impact of its activities on the environment. Embed-ding sustainability into DEME’s operational management integrates environmental and social considerations into everyday business decisions.

DEME is proud to move beyond compliance: doing more for the environment (e.g. dual fuel technology, HQ Energy Masterplan etc.) and si-multaneously creating added value for both its business and clients. .

Despite challenges 2015 was still a top year Despite tough competition in many countries and the current dip in the oil & gas industry, DEME was able to maintain a satisfactory le-vel of activity. Several large-scale projects were successfully completed in 2015 such as those

in Australia (Wheatstone), Qatar (New Port in Doha), La Réunion (Post Est), Russia (Yamal pro-ject - Phase 2) and Egypt (Suez Canal).

In Singapore, DEME acquired the Tuas Terminal Phase 1 (TTP1) contract. In combination with the ongoing Jurong Island Westward Exten-sion (JIWE) project, this will guarantee a high level of activity in Singapore until at least 2020. 2015 was a good year on the Indian subconti-nent as well and in Africa, DEME experienced its busiest year ever. Additionally, the compa-ny secured several new dredging contracts in Egypt, Panama and Turkey.

Last year was again busy in the offshore re- newables market and 2016/17 is also expected to be buoyant. DEME is active in most of the main European offshore wind countries and is being asked to carry out more ‘balance of plant’ contracts, whereby the full scope for the development is awarded.

DEME’s environmental companies are taking an increasingly proactive role in sourcing and developing potential remediation projects. In an important milestone for the company, DEME has been awarded its first contract from ExxonMobil. Despite the ongoing recession in the construction industry in Europe, 2015 was far from a quiet year for DEME’s fluvial and marine resources business.

DEME Concessions contributes increasingly to the Group’s partnering philosophy by supporting the marine activities of the various DEME companies. Through participations and PPP agreements, essential infrastructure and renewable energy projects can go ahead although only limited public funds are available. GSR, another DEME Concessions’ initiative, successfully completed a second survey campaign in its search for sustainable harvesting of marine resources. At the end of 2015, DEME established DIMCO, a specialist marine infrastructure company, following

demand from clients for an in-house, integrated, marine infrastructure capability.

Fleet expansion In 2015, DEME continued to invest in the rene-wal and expansion of its fleet with the world’s first LNG-driven dredgers. Additionally, from 2017, the self-propelled jack-up vessel Apollo, the multipurpose and cable-laying ship Living Stone and a new generation, 4,000-tonne, self-propelled DP2 crane vessel will serve the offshore energy market.

In May, DEME officially acquired the assets and personnel of its former long-term partner Hochtief Solutions, including the world’s lar-gest, offshore heavy-lift jack-up vessel ‘Inno-vation’.

Continuous improvement approachDEME is constantly optimising its internal organisation as projects become more complex. The company wants to further increase the quality level of its work and its own DRIVE programme covers a wide range of operational improvements during all project phases. In the course of 2016, a new approach to opportunity and risk management will be implemented to increase the quality of tenders and execution.

Next generationsIn December 2015, a binding climate agreement between 197 countries was signed in Paris. The United Nations Conference on Climate Change (COP 21) is without a doubt a historic milestone for the entire world and therefore, also for DEME.

With even greater conviction, the company, together with its employees worldwide, will continue to devise innovative solutions to protect coastal areas from rising sea levels, to decrease CO2 emissions through the further development of offshore renewables and storage, and to clean our environment and seas from pollution. DEME recognises that this is of vital importance for generations to come.

Alain Bernard DirectorChief Executive Officer DEME

Luc BertrandChairman DEME

4 Message from the Board of Directors

“2015 was an exceptional year for DEME, a year like no other in many ways, and by far the best year

in the history of the Group.”

Entrepreneur of the year 2015

In October 2015, DEME was presented with the prestigious Ernst & Young award ‘Entrepreneur of the Year 2015’. The judging panel stated that the company’s ‘strive for excellence’ was what made DEME stand out from other contenders. This title is a recognition of DEME’s teamwork and it motivates the company to continue its mission.

Company movie‘Entrepreneur of the Year’ 2015

Page 6: DEME: Creating land for the future

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ManagementTeam

1. Alain BernardDIRECTOR

CHIEF EXECUTIVE OFFICER

2. Els VerbraeckenCHIEF FINANCIAL OFFICER

3. Wim BiesemansManaging Director DEME Concessions

4. Lucas BolsGENERAL MANAGER TIDEWAY

5. Hugo BouvyGENERAL MANAGER TIDEWAY

6.Pierre CatteauAREA DIRECTOR

MEDITERRANEAN, SOUTH AND MIDDLE AMERICAS

7. Lieven DurtDIRECTOR AFRICADIRECTOR QHSE-S

INTERNAL & EXTERNAL COMMUNICATION

8. Philip HermansAREA DIRECTOR

ASIA AND OCEANIA,GENERAL MANAGER DREDGING

INTERNATIONAL

9. Tom LenaertsCHIEF LEGAL OFFICER

10. Harry MommensHUMAN RESOURCES MANAGER

11. Martin OckierAREA DIRECTOR BENELUX

12. Bernard PaquotAREA DIRECTOR MIDDLE EAST

13. Dirk PoppeAREA DIRECTOR

EASTERN EUROPE AND RUSSIAMANAGING DIRECTOR ECOTERRES HOLDING

14. Pierre PotvliegeAREA DIRECTOR

INDIAN SUBCONTINENT

15. Eric TancréAREA DIRECTOR NORTH EUROPE

16. Theo Van De KerckhoveCHIEF OPERATING OFFICER

17. Luc VandenbulckeDEPUTY CHIEF

OPERATING OFFICERMANAGING DIRECTOR GEOSEA

18. Bart VerboomenMANAGING DIRECTOR

TECHNICAL DEPARTMENTGENERAL MANAGER

BAGGERWERKEN DECLOEDT & Zn.

19. Christel GoetschalckxSECRETARY TO THE

MANAGEMENT TEAM

Strong

teams

make

the

difference

Board of Directors

Luc BertrandChairman DEME

Renaud BentégéatManaging Director CFE & Director DEME

Philippe Delaunois, Lode Franken,Koen Janssen, Jan Suykens

and Alain BernardDirectors

DEME is active in a project-driven sector in various locations worldwide and it is often operating under challenging conditions. For this reason, the Group is fully committed to the strong teams it has on the ships, the project sites, within the many business units and companies and, finally, at director’s level.This teamwork is encouraged throughout the organisation.

In the past few years, DEME’s Management Team has grown as a result of an increasing geographic spread as DEME enters new markets due to the growing importance of the Dredging-Plus and DEME Concessions activities and because of the continued focus on Corporate Social Responsibility and Health & Safety.

General Management

1. 7.2. 9. 8.

3. 6.

15

16.

19.

18.

11.

13.

12.

5 17.

10. 14 4.

Page 7: DEME: Creating land for the future

8 9

DEME’s core values reflect our unshakable belief in the

quest to deliver excellence. They serve as a compass that

guides the way we work with our business partners, within

communities and with each other.

SafetyThe safety, health, and well-being of our employees and customers are DEME’s num-ber one priority. Everyone has the right to work in a safe environment free of risk and injury at all times.

EnvironmentWith respect for people and planet, we endeavor to develop our worldwide activities in a sustainable, responsible and protective way to minimise the impact on environments and communities.

InnovationInnovation is the cornerstone of DEME’s achievements.The company continuously pushes its business boundaries by developing new, value adding services and solutions.

Value CreationWe take result-driven decisions and act accordingly to ensure sustainable and long-term growth for the well-being and benefit of our stakeholders. Through proper planning of clear objectives, recording of real facts, analysing of variations and taking of correc-tive actions, we are implementing the necessary financial discipline to guarantee the achievement of these objectives.

Respect & IntegrityWe appreciate talent, value dedication and recognise and promote individuality and diversity that exists within people from all walks of life and from all backgrounds. This is demonstrated through the integrity of our personal behaviour.

TechnicalLeadershipDEME has the technical ambition and capability to achieve the highest performance and optimisation level, allowing us to be ‘best-in-class’ through the performance of our worldwide activities.

S.T.R.I.V.E. for Excellence

DEME’s CHARTERS

DEME’s core values are embedded in the organisation

through several Charters. Each document outlines the

principles, functions and organisation of DEME’s most

important areas of focus: Quality, Health & Safety, Integrity,

Environment, Sustainability, Security and Energy.

S.T.R.I.V.E. for Exellence

Page 8: DEME: Creating land for the future

10 11

FinancialHighlights

2015

2015 2014

2015 2014

2014

DEME GROUP

Evolution of Net result, EBIT and EBITDA

0

100

200

300

400

500

600

EBITDA

EBIT

Net result

20152014201320122011

104137

300

351

438

502

558

140

217

259

318

89109

169199

DEME GROUP

Evolution of Consolidated Turnover

DEME GROUP

Consolidated Turnover

BY REGION

BY ACTIVITY

BY TYPE OF CUSTOMER

0

500

1000

1500

2000

2500

3000

2006

1077

13141509 1403

1801 17661915

2532 2587

2351

2007 2008 2009 2010 2011 2012 2013 2014 2015

economic figures* (in millions of EUR)

economic figures* (in %)

* In the economic figures the Group companies that are jointly-controlled by DEME are still proportionally integrated which is not in accordan-ce with the new IFRS 10 and IFRS 11 accounting standards. It nevertheless gives a more complete picture of the operations and assets/liabilities of those companies.

economic figures* (in millions of EUR)

The officially approved and published DEME consolidated accounts and the financial information in the financial annual report of DEME (which is a separate brochure) is made in accordance with Belgian Generally Accepted Accounting Principles (Belgian GAAP).

Financial highlights below are a reflection of the DEME consolidated accounts made in accordance with International Financial Reporting Standards (IFRS).

Financial Highlightswwww.deme-group.com

12%Asia and Oceania

23%Marineworks

3%Mining

12%Renewables

12%Renewables

54%Government

41%Government

20%Oil and gas 33%

Oil and gas

11%Other

7%Other

7%Mining

9%Environmental

7%Environmental

9%Fallpipe and

landfalls

9%Fallpipe and

landfalls

11%Maintenance

Dredging

11%Maintenance

Dredging

18%Marineworks48%

CapitalDredging

55%Capital

Dredging

10%Europe non EU

7%Europe non EU

30%Asia andOceania33%

Europe EU

34%Europe EU

7%Middle East

8%Middle East

4%Indian

subcontinent1%

Indiansubcontinent

4%America

6%America

30%Africa

14%Africa

Page 9: DEME: Creating land for the future

12 13

AboutDEME

1312

Mersin project, Turkey

Page 10: DEME: Creating land for the future

14 15

From subcontractor to total solutions provider

1875 1876 1930 1974 1991

DEME has a rich history that dates back to 1875. The company has evolved from a local dredging company into a highly specialised, versatile hydraulic engineering and environmental group. 40% of the current turnover is generated from activities that did not even exist 30 years ago.

Figure: Evolution of the DEME Group

For the past 150 years, DEME has expanded organically, both in terms of depth and breadth. Where-as, initially, projects took place in a subcontracted setting, nowadays the Group profiles itself as an all-in, Engineering, Procurement, Construction, Installation & Maintenance (EPCIM) or Design, Build, Finance & Maintenance (DBFM) contractor, that provides creative, innovative and comprehensive solutions to its clients.

This evolution towards activities with higher added value corresponds to new and specific competencies within the Group (technical, contractual and financial). These are coordinated from the Central Competence Centre (CCC), which was founded in 2009.

Today, DEME has a significant presence in all of the world’s seas and continents. The geographical distribution of the activities and the flexibility of the fleet mean that DEME is less vulnerable to market fluctuations.

DEME’s activities and development are strategically supported by its core values, which are highlighted by its ‘STRIVE’ principles. See page 9.

Dredging International

Société Généralede Dragage

Family Decloedt & Zn.

Baggerwerken Decloedt

Ackermans &van Haaren

14 About DEME

Flemish Open Port Day, Port of Zeebrugge

Page 11: DEME: Creating land for the future

16 17

A multidisciplinary approach

In the recent past, DEME has developed a strategy that works on the basis of a multidisciplinary approach. This diversification has taken place in a carefully considered manner via the expansion of activities (Dredging-Plus), which have synergy with existing core tasks.

By providing extremely specialised and complex solutions in the global dredging, marine engineering and environmental sectors, DEME is helping to create a sustainable future. The company anticipates pressing worldwide issues and the needs of our planet, and develops the necessary structures and technical tools that could make the difference for tomorrow.

Historical overview DEME’s subsidiaries

1991

1995 2000 2001 20052010

20112012201320142015

Tideway + Ecoterres

DEME

SCALDIS Salvage & Marine Contractors

DEC (DEME Environmental Contractors)

de Vries & van de Wiel

DBM (DEME Buiding Materials)

Power@Sea + C-Power

GeoSea

CTOW

DBE (DEME Blue Energy)

Purazur + OTARY

OceanflORE + GSR

DEME Concessions

EverSea + OWA

DISS + DIMCO

About DEME

First passing of ‘Innovation’ in Antwerp, DEME HQ - Zwijndrecht

GLOBAL CHALLENGES DEME’S SOLUTIONS

Climate change - CO2 emissions

Rising sea level Coastal defences and river works

Increasing world population Residential and industrial land reclamation

Increasing demand for energy

Scarcity of strategic raw materials Harvesting aggregates and minerals at sea

Environmental pollution Soil, silt and water remediation

Development of renewable energy (green and blue)

Development of specialised services for the oil and gas industry

Development of offshore, renewable energy

Development of offshore energy storage

Page 12: DEME: Creating land for the future

18 19

The Netherlands

Through its specialised subsidiaries Tide-way (Breda), de Vries & van de Wiel (Am-sterdam) and DIMCO (Dordrecht), the full scope of DEME’s core activities are covered under a local Dutch set-up.

Germany

In May 2015, DEME acquired the offshore assets and personnel of its former German partner Hochtief Offshore Solutions. DEME runs an office in Bremen with around 100 people based there and DEME is looking to recruit at least 100 more.

Panama

After two successful cam-paigns for the widening and deepening of the Pana-ma Canal in 2009 and 2012, DEME is once more return-ing to Panama in 2016 and 2017 for the last dredging contract relating to the widening of the Pacific en-trance. As from 2016 DEME will be adding one more res-ident office in the Americas in Buenos Aires, next to ex-isting offices in Mexico and Rio de Janeiro .

Nigeria

DEME has had a traditional presence in many African countries and some 600 local people work across the continent. DEME’s long-term commitment was highlighted during 2015 as several projects contin-ued in spite of the Ebola outbreak.

In Nigeria, DEME has been operating for 25 years non-stop and cur-rently has an impressive, highly trained and dedicated workforce. Several vessels are flagged in Nigeria, are fully manned by local crew, and some of the vessels have even been built in the country. DEME is fully local content compliant and in that respect the Nigeri-an government awarded DEME ‘Category A’ status last year.

India

In India, the trailer hopper dredger Antigoon was brought under Indian flag in 2015. International Seaport Dredging (ISD), established in 2004 as a JV company between Dredging International and Larsen & Tubro, is gradually increasing its market share by offering the best quality of work at an Indian price level. Thanks to the good and steady economic growth of the country, ISD’s turnover reached a record level in 2015.

The UK

In the UK, DEME has strengthened its position by in-stalling the headquarters of NewWaves Solutions in Canary Wharf, London. In 2015, DEME held 13 supply chain events throughout the UK to show its commit-ment to the offshore wind industry and in order to sup-port the UK and Scottish governments in maximising local content for future projects.

France

The headquarters of the French subsid-iary SDI are based in Lambersart, near Lille. DEME’s French subsidiary Société de Dragage International (SDI) has se-veral vessels sailing under the French flag, including the mega Cutter Suction Dredger ‘d’Artagnan’. Hundred French staff and crew are deployed on the do-mestic market and on several DEME-projects abroad.

Qatar

For the last decade DEME has been working continu-ously across the Middle East on many prestigious pro-jects. DEME has a significant presence in the region with its coordinating centre in Qatar, Doha where MEDCO (Middle East Dredging Company) has its head office for the region.

Singapore

DEME has been active in Asia since the 1920’s, but in 1996, it established Dredging International Asia Pacific (DIAP) as a regional subsidiary, based in Singapore.

Australia

DEME has been active in Australia almost continu-ously since 1974. Dredging International Australia (DIAU) continues to follow up on the opportunities that arise and expects to put its local knowledge and experience to good use when the Australian economy gathers traction once again.

Global begins locally: DEME’s regional head offices

Today, DEME is active on every continent and whilst the company is proud to be a global operator, it places equal importance on being local – as close to our customers as possible. DEME’s strategy focusses on different regional head offices.

DEME respects its local partners and values their input. The inside knowledge that comes with them supports DEME’s opportunity and risk management. Having a strategic local presence is vital to operate on a sustainable, long-term basis. Russia

With personnel from Siberia to the Baltic, and from Moscow to the Arctic, DEME’s full Russian entity Mordraga is already a well-known local company. Mordraga recently moved to a new head office in St. Petersburg to further strengthen its presence. DEME is continuing its efforts to recruit Russian engineers and surveyors, reflecting its belief in the further development of marine projects in the Russian Federation.

About DEME

Italy

DEME has a long established history in Italy spanning more than 25 years. Our subsidiary Società Italiana Dragaggi SpA (SIDRA) was the first DEME company established outside of Belgium. From its headquar-ters in Rome, SIDRA is responsible for the Italian market, but also for the Mediterranean market and North Africa.

Global head officeBelgium - Zwijndrecht

Page 13: DEME: Creating land for the future

20 21

Dredging & Land Reclamation

Baggerwerken Decloedt & zn (BDC)Dredging International (DI)Dredging International Asia Pacific (DIAP)DragabrasMordragaInternational Seaport Dredging (ISD)°Nordsee Nordsee Nassbagger- und TiefbauMiddle East Dredging Company (MEDCO)°Société de Dragage International (SDI)Societa Italiana Dragaggi (SIDRA)Dredging International Australia (DIAU)NewWaves SolutionsDredging International Mexico Far East Dredging (FED)Dredging International Cyprus (DIC)

Marine & Offshore Solutions

GeoSeaREBO°TidewayOWAEverSeaHigh Wind°SCALDIS°Normalux°CTOW°

Environmental Solutions

DEC°Sedisol°Silvamo°Terranova°GRC°De Vries & van de Wiel°Ecoterres°Kalis°Purazur°

Infra Marine Solutions

DISSDIMCO

Fluvial & Marine Resources

DBMOceanflORE°

Dredging Solutions

Dredging plusSolutions

Concessions

DEME Concessions DEME Concessions WindDEME Concessions InfrastructureC-Power°Power@Sea°Rentel°SeaStar°MERKUR°DBE°Global Sea Mineral Resources (GSR)

° in partnership

DEMEConcessions

Group Structure

Group structure

p.52 p.86 p.110 p.120

p.114

p.102

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Health & SafetyDEME’s employees’ health and wellbeing is the company’s prime

concern. Everyone has the right to work in a safe and healthy environment. The elimination and control of risks is embedded in

DEME’s corporate integrated management system and radiates all the way down to our projects into every single operational task.

DEME’s safety awareness programme CHILD was born 5 years ago. Therefore, DEME has now scheduled the launch of a new programme - CHILD 5. It will go beyond the original concept of simply trying to raise awareness. DEME now aims to having natural safety awareness running through the veins of its people.

The content of the new programme is based on feedback from interviews with different colleagues from all levels of the organisation. Their view on how and what we can do better is considered crucial.

Stop Work Authority

To strengthen individual safety responsibility, DEME possesses a ‘Stop Work Authority Policy’ in which our CEO Alain Bernard gives each employee the authority to stop any person, any task or any operation that is not well prepared, uncontrolled or unsafe.

Safety Moment Day

With a focus on the Stop Work Authority Policy, a worldwide DEME Safety Moment Day has been organised for the fifth consecutive year. Throughout all Business Units, management and employees were actively involved in discussing situations where the Stop Work Authority Policy had already been executed or should have been applied.

Security

Given increased geopolitical turmoil in some parts of the world, 2015 was inevitably a challenging year for DEME’s in-house security department. Through a discrete, professional and proactive approach, the team effectively managed to ensure secure working conditions for crew and staff at risk worldwide. At DEME, professional security risk prevention and control has certainly become an important and inherent part of its sustainable business management process.

Achievements and Recognitions • DEME was awarded ‘Bechtel’s Safety Excellent

Contractor Award’, as well as five ‘Safety Subcontractor of the Month’ awards for its exemplary safety compliance on the challenging Wheatstone project (Australia), where it achieved 2.6 million man-hours without a Lost Time Incident. DEME was additionally awarded Chevron’s prestigious ‘Contractor Recognition Award’ for its significant contribution to the Project’s safety performance’.

• For the third year in a row, DEME’s specialist offshore subsidiary Tideway proudly recorded ZERO Lost Time Incidents.

Health and safety

Severity Rate

Toolbox participation Timely close out actions

0,250

0.200

0.150

0.100

0.050

0.000

0,220

0,063

0,014 0,006 0,0100,021

2010 2011 2012 2013 2014 2015

Safety performance in 2015

Statistics show that DEME’s proactive approach is effective, with a clear improvement shown in our incident severity rate in the past few years. The incident severity rate shows the extent of safety anomalies by revealing how critical the incidents are.

Key Performance Indicator dashboard:

In 2015 DEME decided to further divert its focus towards pro-active measures to tackle the recorded stagnation of its safety performance and to generate a long-term sustainable improvement. Amongst other initiatives, people were encouraged to communicate at regular times about health and safety and to deal with related actions within the set timeframe. Both with positive results:

80%

83%

per 100,000 WH

2718

1200

“DEME will continue to invest to close any remaining gaps to achieve

its ultimate goal of ZERO INCIDENTS.”

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24 25

InnovationInnovation is one of our core values and is also a vital part of

our strategy. Thanks to innovation, DEME comes up with new applications, new activities and niche markets that strengthen its

leading position. DEME invests heavily in innovation and has always assigned dedicated people and assets to Research & Development.

DEME Innovation Awards

For the first time iin 2015, DEME organised an Innovation Contest open to all employees worldwide, individually or in teams. The contest was open for innovative insights, fully realised or in the idea phase. More than 415 applications were submitted.

DEME’s Innovation Centres

R&D is undertaken in multidisciplinary ways and involves close cooperation between sites, vessels and headquarters but also between the calculation desk, the project management teams, the technical and engineering departments, the Central Competence Centre, the RMPE department (Research, Methodology, Production and Engineering) and the ADE & I department (Applied Development and Innovation).

Turning innovation into reality

When the talent, know-how, creativity, experience and feedback from a broad variety of stakeholders is brought together, new developments can evolve, turning innovation into reality.

In the course of 2015 this multidisciplinary philosophy and cooperative approach resulted in some remarkable achievements a few of which are mentioned here.

➔ An innovative, second-generation, cutterhead specifically designed for hard rock was developed.

➔ To improve workability in exposed waters, a predictive and online software tool was developed for DEME’s project in La Réunion. An innovative operational system has been set up which aims to provide the crew and site staff with information on the present and near future sea states and whether they can expect operational thresholds to be exceeded, resulting in less downtime, less damage and a safer working environment.

➔ For many decades, grab dredgers have mainly operated in soft soils. DEME’s recent use of large grab dredgers working in firmer soil has led to the development of an improved production estimating tool for these dredgers.

➔ Reliable soil information is required for the development and design of deep sea nodules harvesting equipment. Together with an external partner, a tool (the GraviProbe) was developed to penetrate the deep ocean seabed and to provide accurate soil strength parameters.

➔ The use of a state-of-the-art wireless data collec-tion system on board of CSD ‘Ambiorix’ led to new insights into the basic engine-pump-pipeline be-haviour when pumping extremely coarse mixtures over very large distances.

➔ For the Juliana Channel expansion project in the Netherlands, a multi-purpose pontoon the ‘Mattedoor’ was developed to accurately place bentonite mats and rock protection on the riverbed. Extensive research and tests were carried out with Vryhoff NV on anchor penetration behaviour in rock protective layers.

Innovation

DEME’s Innovation awards ceremony

Page 16: DEME: Creating land for the future

26 27

DEME is one of the leading industrial partners in the European ‘Blue Mining’ project. The overall objective is to provide breakthrough solutions for a sustainable, deep sea harvesting value chain.

The project aims to develop the technical capabilities for accurate and cost-effective discovery, assessment and extraction of deep sea mineral deposits from water depths up to 6,000m.

.

The European Commission is helping to accelerate innovations that ensure secure and sustainable supplies of raw materials by funding a four year project: “Breakthrough Solutions for the Sustainable Harvesting and Processing of Deep Sea Polymetallic Nodules – Blue Nodules”.

Blue Nodules will develop the seafloor and surface processes and equipment for deep sea harvesting of polymetallic nodules.

Including the DEME subsidiaries Dredging International and Global Sea Mineral Resources (GSR), the Blue Nodules project will be carried out by a consortium of 14 leading European industry and research organisations.

DEME is one of the partners in the ‘Managing Impacts of Deep Sea Resource Exploitation’ (MIDAS) project. The MIDAS project brings together a broad-ranging group of experts from several disciplines to investigate the potential environmental impacts of deep sea resource extraction and to make recommendations on how best to manage them.

In 2015, the Joint Programming Initiative Healthy and Productive Seas and Oceans (JPI Oceans) organised a pilot project ‘Ecological Aspects of Deep sea Mining’ to assess the ecological impacts which could arise from commercial mining activities.

Three expeditions visited several nodule licence areas and a protected area in the Clarion Clipperton Zone, and examined the disturbance and recolonisation experiment (DISCOL) in the Peru Basin, which was conducted 26 years ago.

Deep sea harvesting

DEME is one of the frontrunners in developing innovative approaches towards valuable, offshore contract mining solutions. Ultimately, the company would like to see a sustainable marine harvesting industry established.

Critical raw materials are vital for Europe’s innovative technologies, for the manufacture of crucial alloys and for new and innovative products like batteries for electric cars, photovoltaic systems and devices for wind turbines.

Innovation

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Fleet Investment Programme

DEME embarked on a comprehensive fleet expansion programme in 2014, designed to ensure that the company is future-ready. DEME

continues to be at the forefront of the industry when it comes to innovative solutions, operational excellence and limiting the impact of its

activities on the environment.

‘BLANEW’

Another very specialised vessel is the ‘Blanew’, which is a small and compact electrical driven Cutter Suction Dredger specially designed for dredging works in marinas, canals and lakes.

The self-manoeuvring cutter ladder allows it to dredge between recreation jetties without removing them. In order to reduce the exhaust gas emissions and to minimise noise when working in marinas, the ‘Blanew’ will be powered by means of an umbilical electric cable, which is directly connected to the shore-based network. The vessel has the capibility to run on renewable energy.

Fleet Investment Programme

Dual Fuel

This pioneering philosophy led DEME to take the decision to invest in dual fuel vessels, capable of running on LNG or diesel fuel. DEME is believed to be one of very few shipowners capable of using LNG as a fuel on such a large scale.

By taking this step, carbon emissions are cut by a quarter for the same performance level, while at the same time, particulate matter, SOx and NOx emissions are dramatically reduced by more than 80%.

Dredging Fleet

With regard to the dredging fleet, a number of vessels have been ordered in 2015 to replace older vessels and to significantly increase efficiency, both in terms of productivity and environmental performance.

‘MINERVA’ & ‘SCHELDT RIVER’

The commissioning of the 3,000/3,500 m³ TSHD ‘Minerva’, ordered at Royal IHC, is scheduled for early 2017, making it the first dredging vessel worldwide that will be equipped with dual fuel engines and capable of operating in full LNG mode. This is in addition to DEME’s 7,950/8,400 m³ trailing suction hopper dredger ‘Scheldt River’ that also will be built at Royal IHC and put into service around the same time.

‘BONNY RIVER’

With the order of the 15,000m3 TSHD ‘Bonny River’ at Royal IHC, DEME is investing in a new generation of trailing suction hopper dredgers, which will be trendsetting in coastal protection and for dredging hard soils.

Thanks to the combination of unique characteristics such as an extremely long suction pipe, a large transport capacity with limited depth and an additional, heavy-duty rock draghead, this multidisciplinary ship can be used effectively in shallow water and in hard soils.

The ‘Bonny River’ will be able to minimise the turbidity generated by process water and facilitates dredging in environmentally sensitive areas. Moreover, the hydrodynamic hull and the dual fuel engines (diesel and LNG) ensure further optimisation of the fuel consumption and a minimal CO2, SOX and NOx footprint.

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Multipurpose Vessels

‘LIVING STONE’

In December 2015, the keel was laid for DEME’s first cable laying and multipurpose vessel ‘Living Stone’, which can support other operations as well, opening up new markets for DEME. Being built at La Naval, in Bilbao Spain, she will join DEME’s fleet of fall-pipe vessels in 2017. The fleet currently includes the ‘Flintstone’, ‘Rollingstone’ and ‘Seahorse’.

‘Living Stone’ represents truly exceptional engineering and will be the most advanced in its class with 12,000 ton rock load or 2 x 5,000 ton cable product payload.

‘APOLLO’

The new jack-up vessel ‘Apollo’ will join GeoSea’s fleet of self-propelled jack-ups in Q3 2017. This installation vessel with a water depth up to 65m and crane capacity of 800 ton will also be deployed by GeoSea’s subsidiary EverSea to provide services to the oil & gas industry, with particular focus on the installation, maintenance, rejuvenation and decommissioning of platform facilities.

‘MATTEDOOR’

DEME has developed an innovative technique and dedicated pontoon to seal and reinforce canals and river beds. The new ‘Mattedoor’ pontoon is specifically designed to lay bentonite mattresses and protect them once installed. Mattedoor has been working since September 2015 along the Juliana Canal in Netherlands, which is being widened and deepened.

‘GULLIVER’

The keel was laid for the 4,000-tonne crane vessel ‘GULLIVER’ in February 2016 which will be operated bij SCALDIS. She is being built by ROC for Royal IHC in Qidong. ‘GULLIVER’ is expected to join the Scaldis fleet in the summer of 2017. She will carry out activities including installing offshore infrastructures and decommissioning projects for the oil and gas industry and at offshore wind farms.

Green Passport & Clean Design

DEME’s future vessels are designed to be green ships. The ‘Living Stone’, ‘Bonny River’, ‘Minerva’ and ‘Scheldt River’ are equipped with dual fuel main engines so that they can run on natural gas or diesel oil, while the ‘Apollo’ is being equipped with solar panels and wind turbines and the ‘Blanew’ is electrical driven. DEME’s newly ordered vessels also have oil and heat recuperation systems. All vessels will have a Green Passport and a Clean Design notation hence these vessels will meet and exceed the MARPOL requirements, signifying DEME’s profound respect for the environment.

Fleet Investment Programme

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Environment & Climate

Today, DEME‘s portfolio already offers sustainable solutions for major societal challenges in relation to the effects of climate

change, historical pollution, greenhouse gas emissions and the scarcity of natural resources.

And the recent United Nations Sustainable Development Goals (UN SDG, 2015) have provided a further source of inspiration and

guidance for DEME‘s policy in relation to the environment and the global sustainable needs

Emissions management

DEME is committed to the sustainable management of its operations and activities. To create value through sustainability and to improve returns on capital, many of its efforts today concern energy use management. DEME’s greenhouse gas emissions are quantified and re-ported according to ISO 14064-1 and verified by Lloyd’s Register Quality Assurance. The emissions are reported on a corporate level for the worldwide activities, as well as for Belgium and the Netherlands. For many years now the total amount of carbon dioxide emissions has been on the rise, reflecting an increase in our activities and the amount of equipment utilised. However, overall there is a decrease in carbon emissions when it is related to our global activity and associated revenue, demonstrating the effectiveness of our DRIVE programme initiatives, which are aiming for an overall 7% increase in energy efficiency by 2022.

These dedicated DRIVE improvements are clearly demonstrated in the graphic below.

Moreover, DEME is also initiating a systematic effort to identify energy efficiency opportunities and carbon dioxide reduction measures for its main suppliers and subcontractors (scope 3 emissions).

Dual Fuel Technology

As about 90 % of our operational greenhouse gas (GHG) emissions are linked to our equipment, DEME’s mitigation efforts focus on fuel efficiency.

DEME’s newly ordered vessels comply with the strictest international emission requirements. Dual fuel technology is both sustainable and future oriented, as it enables engines to operate on either diesel or LNG, while limiting the CO2 (±20% reduction), NOx (±90% reduction), SOx emissions (>95% reduction) and particulate matters (>95% reduction).

HQ Energy Masterplan

Innovation in energy supply stands high on DEME’s priority list. Subsequently, a dedicated Energy Masterplan for the HQ in Zwijndrecht is aiming for energy independency and carbon neutrality. In recent years DEME has installed a mid-sized wind turbine (Xant), geothermy for cooling & heating new offices and multiple charging units for electrical vehicles. Energy efficiency is an integrated part of any renovation and refurbishment programme we carry out at our office buildings at HQ in Zwijndrecht.

Environment and Climate

0,0

0,5

1,0

1,5

2,0

2,5

3,0

3,5

2015201420132012

Yearly Improvement (%)

Dedicated Energy Efficiency Improvement (%)

AnnualObjective 0.7%

“DEME is not only committed to control and reduce its impact, but clearly works towards an active positive influence on

the environment.”

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Green and Gracious Builder Award

Singapore’s Building and Construction Authority (BCA) awarded the ‘Green and Gracious Builder Award’ (GGBA) to Dredging International Asia Pacific. DIAP’s long-term involvement in the Singaporean reclamation industry has made it a household name in the local marine engineering sector. The award recognises DIAP’s efforts to implement environmental protection and best practices during the construction phase of projects. DIAP has been awarded the highest ‘excellent’ rating.

This recognition pays testimony to DIAP’s successful approach in recycling dredged materials for reclamation use, reducing waste and using lighter-touch work methods, spanning a range from advanced environmental monitoring to well-enforced housekeeping measures.

Eco-Office Label

In addition, the Singapore Environmental Council and City Developments Ltd have awarded the ‘Eco-Office’ Label to the DIAP-DAELIM joint venture for our energy savings’ initiatives, waste management policy and the general site management. Dedicated events and training are used to raise environmental awareness amongst the whole project team.

Client recognition for sustainable energy approach

DEME’s sustainable energy approach is recognised and appreciated by its clients. In the Juliana Canal project the carbon dioxide emissions are being dramatically reduced by an innovative working method devised to replace the water resistant layer of the canal bed. The ‘Mattedoor’ pontoon lays bentonite mattresses to seal and protect the canal bed and banks, resulting in a 63% cut in carbon dioxide emissions compared to the traditional method.

‘Mattedoor’Juliana Canal The Netherlands

Environment and Climate

CO2 Performance ladder

The focus on greenhouse gas emissions is also found in our fully operational ‘CO2 Performance Ladder’, which is certified by Lloyd’s Register (Level 5). This instrument enables DEME to demonstrate sustainable behaviour and to encourage its suppliers to further develop best practices for their own operations.

The CO2 Performance Ladder, which is used in the Netherlands, stimulates companies participating in tenders to be aware of their CO2 emissions in their business operations and in the performance of projects. DEME is the first marine engineering group that obtains the Lloyd’s Register level 5 certification according to the newly 3.0 standard.

See our corporate website for more information about DEME’s emission management system and the CO2 performance ladder. ➔ www.deme-group.com

“Embedding sustainability in our operational management integrates environmental and

social considerations into everyday business decisions. DEME is proud to move beyond compliance as a frontrunner: doing more for the environment and creating added

values for both business and stakeholders.”

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Continuous improvement

approach

DRIVE is DEME’s own continuous improvement and operational excellence approach introduced in 2011. Although DRIVE is based

on the Lean Six Sigma methodology (set of techniques and tools for process improvement), it is tailored to DEME’s business.

DRIVE and U-DRIVE

DRIVE covers a wide range of operational improve-ments, sourcing improvements and supporting process improvements. This is reflected in the three pillars of DRIVE:

DRIVE Operational and Technical provides a pragma-tic approach to operational process improvement and bottom-up innovation that can easily be implemented in DEME projects worldwide. In 2015, the ambitious fi-nancial targets were exceeded. In addition the DRIVE methodology was further adapted to DEME’s evolution from marine and waterway (sub)-contractor to global solutions provider. To this end the DRIVE team deve-loped several specific tools and the methodology was aligned with Opportunity and Risk Management.

DRIVE Cost is focused on sourcing improvement. DE-ME’s spend is positively impacted through framework agreements, supplier consolidation and alignment bet-ween departments, projects and business units. In 2015, this resulted in considerable cash out savings.

DRIVE Transactional aims to realise savings, efficien-cy enhancement and cash out reduction through the improvement of DEME’s supporting processes. Impro-vement projects have been successfully implemented within the Finance, Purchase and Logistics, Insurance, HR and COO departments. This has led to substantial savings in 2015. In addition a new DRIVE improvement methodology to realise mid to long term strategic im-provements was piloted in the HR department.

Regarding U-DRIVE, the specific continuous impro-vement program for the Technical Departments and Purchase and Logistics, 2015 saw the completion of the implementation of a Management Control and Re-porting System (MCRS®). The goal of the MCRS is to control processes and optimise performance through structural meetings and KPIs. It is a strong enabler of sustainable results and will continue to drive continuo-us improvement within the TD and P&L departments in the years to come.

Opportunity & Risk Management

DEME has evolved into a multidisciplinary company handling a diverse range of projects worldwide, such as complex EPC(I) contracts. Therefore, it is of utmost importance to implement an even more structured and consistent approach for the analysis of opportunities and/or risks during the commercial and execution pha-se.

It is vital to have a common method to evaluate and manage opportunities and risks as any missed opportu-nity and/or unforeseen loss, will eventually impact the profitability of DEME.

2015 Achievements

During 2015 a substantial effort was put into (re)de-signing and improving the DEME Opportunity and Risk Framework and this led to the creation of a dedicated Opportunity and Risk Management (ORM) Depart-ment. In close collaboration with a leading consultancy company, the full range of potential opportunities and/or risks was mapped over the year. Subsequently, tools and processes were designed and these have been ex-tensively tested on tenders and projects.

In February 2016 the new ORM policy has been laun-ched across the DEME Group, whereby each new ten-der and project will adhere to the standardised ORM rules and criteria.

DEME now has a structured, transparent and consistent ORM strategy, whereby all opportunities and risks are acknowledged from day one, resulting in a proactive and systematic approach to ORM in a uniform frame-work.

DEME WikiAnother pioneering development was the establishment of “DEME Wiki”. Many departments came together to create this knowledge sharing and community building platform. “DEME Wiki” enables employees to share knowledge on operational topics and has a huge library of information about past projects, methods and equipment. In 2016 the platform will be used amongst others to create an EPC community that will share and distribute DEME’s knowledge around this complex topic.

Continuous improvement approach

DEME’s Resolve on Innovation and Value Engineering (DRIVE) program-me started up in 2009 and has been stimulating the Group to aim for operational excellence, focusing on operational and technical innovati-on, cost control and the efficiency of supporting site operations.

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Export & project finance One of the keys to a successful business proposal is DEME’s Export

& Project Finance Department, which supports the all-in solutions approach that DEME offers its clients all around the world.

Proactive partner in financing

The Export & Project Finance department assembles tailor-made financing packages and negotiates these packages with potential investors, financial instituti-ons and authorities. These structures offer financing possibilities to a client in either developed or emerging markets, that may not have the capability to arrange a similar financing solution locally, especially with regard to the credit cost, credit tenor or credit amount.

Clients know that they have a competitive, safe and transparent payment solution with DEME’s financial packages.

Attractive tailor-made offer

Every financing arrangement is specifically tailored to the requirements of each client and their individual projects. DEME can provide a straightforward buyer’s credit, a soft loan (if the client is eligible for concessional lending), a project finance structure or a combination of all of them.

The financing packages are fully compliant with the Organisation for Economic Co-operation and Development (OECD) regulations and the economic, environmental and social sustainability of the project is inherently considered.

DEME has a long-standing relationship with Delcre-dere/Ducroire, the Belgian Export Credit Agency and Finexpo, the Inter Ministerial Committee for Financial Support of Belgian Export. DEME works closely with these organisations, as well as with a pool of internati-onal banks, to achieve the best solution for its clients. Low interest rates and financing conditions in Europe often mean DEME has an attractive offer for its many international clients.

2015

In 2015, DEME’s Export & Project Finance Department helped clients in several countries. In Nigeria, DEME assisted the developer of EKO Atlantic City, known as the ‘Manhattan of Africa’, with a financing package. This development represents the largest land reclamation works ever performed on the continent. Meanwhile in Dubai the team supported a new client, Meraas Holding, which is developing the prestigious ‘La Mer’ real estate project, with a financing solution.

Over the past few years, DEME has arranged around 15 financing packages for its clients and it is now working on a number of new transactions in several countries worldwide.

HQ DEME Zwijndrecht, Belgium

Export & project finance

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People@DEME

Innovative contracting

Partnering concept

Today, DEME is able to offer its worldwide clientele a total solution through innovative contract forms such as EPC, EPCM, EPCI, DBFM, BOT, PPP or Early Contractor Involvement (ECI) for dredging and marine engineering projects, while always taking into account the interests of the client and crucially, the client’s stakeholders.

The foundation in any of these challenging arrangements is the partnering concept. Joint solutions and initiatives with clients are encouraged to safeguard contractual concerns and to realise the seamless execution of a project. Additionally, this makes it much easier to manage specialised project insurance requirements related to potential risks.

Mergers & Acquisitions

DEME continues to focus on its competitive position and on opportunities for diversification and growth, whether these are realised through organic growth or strategic acquisitions.

DEME’s Mergers & Acquisitions Division assists the business lines on identifying legitimate acquisition opportunities, and if they are found to be interesting, viable and worthwhile, manages the deal by navigating the complex transactional execution process.

The M&A Division has facilitated several acquisitions over the past years, both asset deals and share deals, such as the acquisition of the assets of DEME’s former long-term partner Hochtief Solutions in Germany. When assessing such acquisition opportunities, it is DEME’s ambition to create synergies, as well as additional value for DEME’s shareholders.

DEME has to stay at the forefront of the industry and makes sure everyone is offered the right training possibilities so they can develop and continually add to their knowledge.

DEME’s capacity to prepare innovative design and build solutions, based on intense teamwork - exemplified by the Legal Department working with

contract and project insurance specialists - has proved to be a trump card in an operational environment characterised by ever increasing rules

and regulations.

High expectations from project developers and more and more complex contract structures (design & build, turn-key, concessions, public-private

partnerships, EPCI) means that this close cooperation is even more important.

DEME is working in an increasingly diverse and challenging industry. Projects are getting more complex as there is more demand for EPC

contracts. DEME is providing total solutions and consequently, our people have to be prepared to take on more responsibility.

Dredging project Mersin, Turkey

People@DEMEInnovative contracting

“The knowledge and experience of DEME’s people is often

what makes the competitive edge.”

DEME’s Familiy Day, Antwerp

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Extensive training possibilities

Our demanding, multidisciplinary industry is reflected in DEME’s broad range of training courses. The company offers extensive training programmes for all levels of experience. And 2015 was no exception.

➔ DEME employees all attend the 3-day ‘Basic 4 Starter’ course, once they have been with the Group for six months. This gives people the opportunity to learn about the company and the industry.

➔ After three years, employees can attend the technical ‘Skills Programme’. This gives people a great chance to network, exchange experiences, and learn about other departments and it highlights future possibilities open to them.

➔ The ‘DEME 2020’ programme is for selected groups of people, who are willing and able to become a project manager or project accountant. This ‘pre-management’ course is held over three weeks in an 18-month period. Around 180 people have completed the 2020 programme over the last few years.

➔ Additionally, DEME started a special EPC course (a 3-day programme that was organised twice in 2015). This outlines the multidisciplinary and leading role that DEME is being asked to take on in these new EPC contracts. This high-level, project management course is carried out in collaboration with Antwerp University.

➔ For our marine crew, several specialist training initiatives took place. In 2015 a worldwide training course started to ensure our crew comply with the latest requirements of the Standards of Training, Certification & Watch keeping (STCW) Convention. Around 750 nautical crew will follow the training programme between 2015 and 2017.

➔ Coupled with this, DEME offers several specialist courses for electricians, surveyors, technical engineers, which are often in collaboration with the engine and equipment manufacturers.

Upcoming initiatives

In 2016, one major HR training initiative is the ‘People@DEME’ platform. This gives everyone access to their personal job development ‘matrix’, which outlines their function and responsibilities and it offers various training possibilities. This includes obligatory training and suggested courses for career development.

A new performance management tool ‘Time To’ will also be introduced. The digital platform will help people evaluate their competencies and they can see how they can continue to work to the DEME ‘STRIVE’ standards. ‘Time To’ also provides DEME with a valuable, competencies’ database so we can make sure we get the right people in the right place when a project is starting up.

Lifetime careers

There are many opportunities to form a career at DEME and people still spend their entire working life within the Group. We aim to attract new talent to the company but also we put a lot of effort into retaining experience, which is vital in such a global industry.

The Group is so diverse that it is possible to move from the dredging sector to renewables, and the oil & gas industry to the deep sea mining of rare earth minerals. Employees can grow both horizontally and vertically, so there are plenty of career opportunities

2015 Employee Survey

DEME was very pleased that so many people participated in the 2015 Employee Survey, the first that has been carried out on such a global scale. Nearly 2,000 people took part in the survey, which was conducted with Leuven University.

Most people feel that DEME is a good employer, offering plenty of learning possibilities and they appreciate the efforts made by the company. Employees like the open learning culture, where we emphasise the importance of sharing knowledge between companies and departments.

Employee feedback is very much valued by the company. The survey also showed that DEME outperformed the labour market in Flanders and its peers in terms of employee engagement.

Hopper SimulatorHQ Zwijndrecht

“The Group is so diverse that it is possible to move from the dredging sector to renewables, and the oil & gas industry to the

deep sea mining of rare earth minerals.”

People@DEME

New Year’s reception

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Committo be Fit

Since 2005 DEME has been a pioneer in promoting and embedding a healthy and sports-minded culture into the entire Group. First and foremost, our annual DEME on the Move campaigns aimed to inspire as many colleagues as possible to abandon their sedentary lifestyle, and to start moving more and taking regular exercise.

Energy@DEME

In 2015 DEME has taken its efforts to the next level, investing heavily in the online health platform Energy@DEME that is available on a 24/7 basis. Everyone who subscribes is offered a Vivofit Garmin pedometer, enabling them to automatically count their steps and synchronise them to the platform as part of a worldwide DEME Step Challenge.

This has resulted in worldwide support for the DEME on the Move campaign. In 2015, we managed to convince over 2,000 colleagues worldwide to start moving, consume healthy food and adopt a healthier lifestyle.

A distance of more than 1 million kilometres has been synchronised to the Energy@DEME platform in less than 12 months!

Climbing for Life

During the year DEME had over 150 participants in its Cycling Team, 130 of whom registered for the Climbing for Life cycling, running & walking event held in the southern Vosges in August. In 2016 DEME will continue supporting Climbing for Life, with a new challenge in the French Alps.

After 11 successful ‘DEME on the Move’ campaigns, in 2015 DEME invited its entire personnel - with no exception - to join its online interactive Energy@DEME health platform and to give a firm commitment to being fit. In doing

so, DEME confirmed its aim to stimulate a healthy, fit and happy life.

Great Wall Marathon China

Climbing for LifeFrance

Koen Vanderbeke Iron Man, Hawaii

DEME wins Antwerp Dragon Boat Race

Spartan Race Singapore

10 Miles runAntwerp

Commit to be fit

10 Miles run Antwerp

Climbing for Life

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CorporateSocial Responsibility

DEME is one of the core members of ‘Entrepreneurs for Entrepreneurs’, a Belgian-based network of companies willing to encourage and stimulate sustainable entre-preneurship in developing countries.

DEME is a member of ‘The Shift’, a unique and diverse Belgian network of companies that share the same am-bition to co-create added value for society. ‘The Shift’ brings together likeminded companies and non-govern-mental organisations and offers a unique platform for constructive stakeholder feedback and consultation.

In line with DEME’s core values, the DEME4LIFE Foun-dation supported a range of social projects in different corners of the world where DEME is active.

Abu Sultan Railway School - Egypt

DEME’s core project in 2015 was undoubtedly the sup-port of the Abu Sultan Railway School situated in the southern governorate of Ismailia, close to the Suez Canal project site. DEME met the school staff and the children while executing the huge dredging project to deepen and enlarge the Suez Canal and decided to sup-port the school renovation project. The renovation en-tailed the creation of a full playground for almost 500 children. The Foundation also supported the organisa-tion of workshops for all the children in a new intercul-tural library.

Entrepreneurs for Entrepreneurs – Congo

For the first time in 2015, the DEME4Life Foundation worked closely together with ‘Entrepreneurs for Entre-preneurs’. DEME supported a training and education project in the Democratic Republic of Congo with a very positive outcome, in close cooperation with the Belgian NGO ‘Via Don Bosco’ and the local training centre Maz-zarello. In 2016, DEME4Life will extend and increase its support in the framework of the 10-year River Congo mainte-nance contract, working closely with Via Don Bosco.

Sister Jeanne Devos Fund for Children’s Rights - India

DEME4Life supports the Indian fund of the Belgian sis-ter Jeanne Devos in recognition of her struggle against child abuse and exploitation. The Foundation also spon-sors the cleanup project ‘Namma Beach-Namma Chen-nai’ that works on environmental awareness and the SPEED Trust organisation that concentrates its educa-tion and economic development efforts on one of the biggest slum area in Chennai.

Special Olympics Games

Belgica - Belgium

DEME is supporting an important social employment project on its doorstep in Antwerp. The non-profit organisation ‘De Steenschuit’ is building a seagoing replica of the famous three-mast vessel ‘BELGICA’ that made the first Antarctic winter expedition ever, which was between 1897-1899 and led by Adrien de Ger-lache. Some 500 unemployed people are constructing the replica of the historical ship and they are given education and training which gives them the opportu-nity to reintegrate into the community and potentially return to the labour market.

Corporate Social Responsibility

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Ecoduikers

DEME is a partner of ‘Ecoduikers’ (Eco divers). This non-profit organisation has a great team of enthusiastic people diving to clean up the North Sea. The divers fo-cus on gathering lost fishing nets and then recycle this waste into clothing. They also free crabs and shellfish from the nets.

The Ocean Cleanup Foundation

Another initiative concerning waste-free seas is the Ocean Cleanup Expedition organised by the Dutch non-profit organisation ‘The Ocean Cleanup Founda-tion’. Last summer, a young DEME environmental engi-neer participated in this large, international expedition, which aimed to localise and catch plastic waste that groups together due to marine currents - the so-called ‘plastic soup’.

Healthcare & human rights

DEME4Life supported the FOS-Socialist Solidarity Orga-nisation in their fight for decent labour conditions and the right to healthcare. The DEME4Life Foundation’s project fo-cused on an action plan for drinking water supply and improvement of hygiene in Ghana.

Moreover, DEME4Life’s support went to ‘Wereldsolidar-iteit’ (World Solidarity), which is a non-governmental or-ganisation pursuing decent work, social protection and job creation for all. The Foundation’s project focused on the development of the Char region in Bangladesh.

DEME4Life also supported different organisations fighting the battle against cancer like ‘Kom op tegen Kanker’ and the ‘Belgian Association of Breast Cancer’.

Some of our Belgian colleagues volunteered during the Special Olympics Games. DEME4Life assisted with finan-cial support.

Patriotic Emulation Congress Award for Dredging International Vietnam

Dredging International Vietnam was honoured with an award recognising its contribution to Vietnamese social and economic development in December 2015. DEME has been active in Vietnam for 20 years, and in 2014 completed an important channel dredging project in the Soai Rap River, near Ho Chi Minh City. Through the DEME4Life Foundation, DEME and its employees have also supported a large number of social initiatives in Vietnam over the years.

Friend of Water recognition - Singapore

In addition, DIAP was accorded the Friend Of Water recognition by the Public Utilities Board. DEME4Life Foundation and DIAP also continued to support The Singapore Children Society and The Red Pencil.

Climate Summit - Paris

Ahead of the 2015 Climate Summit in Paris last December, a team of professional photographers decided to create a series of fascinating pictures designed to bring attention to crucial climate issues. ‘The Climate Generation’ chose the C-Power offshore wind farm as one of its key pictures to underline the necessity to reduce CO2 emissions.

Polar expedition - Spitsbergen

The polarregions are of crucial importance for our en-tire planet. In daring expeditions, polar explorer Dixie Dansercoer has already traversed the ice caps several times while collecting scientific material. DEME shares Dixie’s ambition to reduce mankind’s environmental footprint and fully supports his missions.

To raise awareness of these crucial matters, Dixie or-ganises regular trips to Spitsbergen. Another young DEME colleague will join him on his next trip in March 2016.

The Red Pencil – Singapore

In May, DEME’s Singapore colleagues participated in the Great Wall Marathon for the benefit of ‘The Red Pencil’. This is a non-profit organisation helping families experiencing mental illness and trauma problems, through art therapy.

Corporate Social Responsibility

DEME’s environmental engineer Tamara Van Dam (2nd form the left) participates

in Ocean Cleanup Expedition

DEME supports the expeditions of the Belgian polar explorer Dixie Dansercoer

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ProjectOverview

2015

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Dredging & Land Reclamation

Dredging & Land Reclamation

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Maintenance dredging contracts In Belgium major, long-term maintenance dredging contracts continued. In January 2015 a new 5-year contract for maintenance dredging works on the river Scheldt has been awarded. On the Belgian coast, the 5-year maintenance dredging contract for the port of Zeebrugge and its access channels is ongoing. The con-tract for maintenance dredging works in the marinas of Ostend, Blankenberge and Zeebrugge is proceeding according to schedule.

Deurganckdok - Port of Antwerp The CSD ‘D’Artagnan’ was deployed to dredge 2.5 mil-lion m³ of material from the entrance channel of the new Kieldrecht sea lock at the left bank of the port of Antwerp. DEME dredged the lock to -19 m at its lowest point, enabling it to handle the largest vessels ente-ring the port. The BHD ‘Peter the Great’ and the crane pontoon ‘De Bever’ were also deployed. Work started in November 2015 and will be completed in February 2016.

Benelux

In the Benelux, like elsewhere, clients are increasingly turning to DEME to provide a total solutions package. DEME believes that its ability and capacities will put the company in a strong position to be successful in the coming years with regards to these more demanding projects.

“2015 was characterised by several, ongoing long-term dredging contracts, coupled with intense tendering activity.”

— Belgium

Dredging of the entrace channelof the new Kieldrecht sealock

Port of Antwerp

Dredging & Land Reclamation

Maintenance dredging Port of Zeebrugge

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Waterdunen In the Netherlands, 2015 was dominated by ongoing coastal protection works with the 290 ha Waterdunen project in Breskens. DEME has strengthened the dykes to combat rising sea levels together with a 1 million m³ reclamation and beach replenishment job.

The new area will be developed for nature (bird ha-bitat) and recreation (eco-tourism centre). This large project saw nearly 50 of DEME’s dry equipment units utilised and will be completed early 2016.

Beach nourishment works This 4-year contract for 13 beach nourishments along the Dutch coast for the Rijkswaterstaat (part of the Dutch Ministry of Infrastructure and Environment) is halfway through. Works for the final 3 beaches (Dis-hoek, Zouteland and Goeree) start in March 2016.

Unique Dutch tulip-shaped island

For the municipality of Zeewolde, DEME’s Dutch sub-sidiary de Vries & van de Wiel created a tulip-shaped archipelago in 2015. This unique new land is positioned in the Wolderwijd, a shallow lake in the centre of the Netherlands. The ‘stem’ of the tulip consists of three elongated islands. These will provide a natural habitat for wildlife. A dam of 200 m connects the island with the mainland.

— The Netherlands

Dyke reinforcement along the River Lek

A safety check revealed that the dyke along the river Lek between Schoonhovenseveer and Langerak, failed to meet the prescribed Dutch stability standards over a length of 3.2 km. At the request of the Rivierenland Water Board, de Vries & van de Wiel, reinforced the Lek dyke to the required strength.

Port of Rotterdam

In the port of Rotterdam, de Vries & van de Wiel re-placed the existing jetty of the Rubis Terminal with a new one, suitable for both seagoing and inland vessels. The works included the installation of a new embank-ment, dredging and protecting against erosion. DEME’s new marine infrastructure company, DIMCO (formerly known as GEKA BOUW and CFE Nederland) was in char-ge of the design and construction of the jetty.

A second project in the port of Rotterdam was the dredging of the ‘Donauhaven’. Because the works at the Rubis jetty had to be done in two stages, the Do-nauhaven dredging could be fitted in between. Both projects were realised in 2015.

Creation of tulip-shapedarchipelago island

Dyke reinforcementriver Lek

Dredging of theDonauhaven

Coastal protection worksWaterdunen

Dredging & Land Reclamation

Waterdunen project

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Juliana Canal

DEME is around halfway through a campaign to widen and deepen the 23km Juliana Canal in Netherlands. In September 2015, DEME’s pioneering new ‘Mattedoor’ pontoon, which was specifically designed to lay ben-tonite mattresses for the Juliana Canal project, started work and she will continue in 2016 and 2017.

DEME’s subsidiary de Vries en van de Wiel also reloca-ted existing dykes along the Canal, some as much as 20 m away, as well as carrying out sheet piling work. The Juliana Canal project is designed to prevent a reoccur-rence of the severe flooding the region experienced in the early nineties.

AMORAS

In the port of Antwerp, DEME’s subsidiaries Dredging International (DI) and DEME Environmental Contrac-tors (DEC) continued - under its 15-year contract- the operation of ‘AMORAS’, Europe’s largest mechanical dewatering plant for dredged material. This facility received a multi-million euro upgrade in 2015, which enables it to treat sandy material in addition to pure silt. It can now handle dredged material with a sand content of up to 50%.

North Europe

DEME was able to maintain a satisfactory level of activity in the North Europe area, particularly in France, Germany and the United Kingdom. The most spectacular DEME projects in the area are actually situated on La Réunion, an insular region of France.

“The most challenging projects DEME was awarded in the area, were situated on La Réunion, involving the extension of Port Est

and two contracts for the construction of the ‘Nouvelle Route du Littoral’, a 13 km coastal road.”

Dredging & Land Reclamation

Nouvelle Route du LittoralLa Réunion

Juliana Canal

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Nordsee Nassbagger- und Tiefbau (Nordsee) was confronted with a decreasing market in the German dredging sector in 2015 due to postponements or judicial disputes against planned projects.

Weser, Elbe & Kiel-Canal Nordsee was awarded a 2-year maintenance contract for TSHDs on the Weser (North Sea – Bremerhaven – Brake). Additionally, the existing water injection maintenance contracts on the Elbe (Hamburg – Cuxhaven) and on the Kiel Canal (Nord-Ostsee-Kanal) were both extended for an additional year.

2015 has been a transition year in many respects. The finishing touches for the capital works on London Gateway marked the end of this megaproject, which has dominated DEME’s activities in the UK since 2009. Nevertheless, the UK team successfully booked several assignments for maintenance and capital dredging projects in ports and estuaries around the British Isles.

Port of Belfast The Belfast maintenance dredging project started in December 2015 and DEME’s versatile 5,000 m³ dredger ‘Marieke’ carried out the maintenance dredging works in the access channel, berths and docks of Port of Belfast to the full satisfaction of the client.

Thames Estuary Under the Medway Access Channel project in 2015, another successful campaign was performed by the TSHD ‘Uilenspiegel’, consolidating DEME’s long-term presence in the Thames Estuary.

— Germany — UK & Ireland — France

Maintenance dredging On the French mainland, DEME executed maintenance dredging works in Bayonne and Gravelines. A water injection dredging campaign was realised on the Gironde for the Grand Port Maritime de Bordeaux.

Dunkerque The second phase of the contract for the dredging, reclaiming and treatment of contaminated sediments for the Grand Port Maritime de Dunkerque was successfully completed. The dredging campaign for the third phase was realised in October 2015.

La Réunion The projects that were awarded on La Réunion involve the extension of Port Est and two contracts for the construction of the ‘Nouvelle Route du Littoral’, a 13 km coastal road built offshore.

Under the extension of Port Est, the western dock was extended and deepened. This project was the second phase of the port extension, with DEME’s subsidiary Société de Dragage International (SDI) also working on the first phase in 2006-2008. DEME carried out the project as main contractor, in a joint venture with the local civil contractor Société Bourbonnaise de Travaux Publics et Construction (SBTPC).

The dredging and stone works on the main dyke for the construction of the ‘Nouvelle Route du Littoral’ were successfully completed. This project was carried out as subcontractor to the JV GTOI/VINCI Construction Terrassement.

Port of BelfastMaintenance dredging on the Weser

Dredging & Land Reclamation

Nouvelle route du LittoralLa Réunion

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Mediterranean

Overall the Mediterranean was impacted by the economic crisis, particularly in DEME’s traditional markets such as Italy, where activity was lower than usual. Despite the economic dip, DEME still managed to have an extremely busy year thanks to the historic Suez Canal extension project and an additional contract to dredge the east entrance channel of Port Said.

“A huge fleet including six cutter suction dredgers and five hopper dredgers, survey vessels, pontoons, barges,

and auxiliary equipment were mobilised.”

New Suez Canal

Nouvelle Route du Littoral DEME’s presence in La Réunion will continue throughout 2016 and 2017 with the execution of a third contract including dredging, gravel bed installation and backfilling works for 48 gravity base foundations of a 5.4 km maritime viaduct.

The works will start in the first quarter of 2016. The project, being part of a 13 km marine highway linking the two major cities of the island Saint Denis and Le Port, will take two years to perform.

DEME has been awarded this contract by the main contractor, a joint venture led by Vinci Construction Grands Projets.

Dredging & Land Reclamation

Artist impression Nouvelle Route du LittoralLa Réunion

Suez Canal extension projectEgypt

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Suez Canal The New Suez Canal project successfully concluded well ahead of time. A consortium comprising DEME’s Dred-ging International (DI) and Great Lakes Dredge & Dock Company (GLDD) was awarded the highly prestigious Suez Canal Lot N°. 6 contract in October 2014.

The Suez Canal Authority tasked the Consortium (in which DI had a 75% share) with deepening and wide-ning the western branch of the Canal to facilitate the passage of the largest vessels in the world.

Port Said The Consortium was awarded a second contract from the Suez Canal Authority in October 2015, to dredge the Port Said east entrance channel. A side channel of 9.5 km long, 250 m wide and 18.5 m deep will provide access to the eastern part of Port Said’s port.

Port Said is one of Egypt’s most important ports on the Mediterranean. Thanks to the new eastern side canal, ships sailing to and from Port Said will no longer inter-fere with the maritime convoys of the Suez Canal.

This contract involved DEME’s two jumbo TSHDs, the ‘Nile River’ and ‘Congo River’. In early 2016 work was progressing smoothly. Completion is expected well ahead of schedule.

— EgyptA Race Against Time

The Suez Canal project started immediately after the contract award in 2014 and was in full swing early 2015. Right from the beginning the pressure was on as the Consortium (DI and GLDD) had to complete the extension of the Suez Canal in a very tight deadline of just 10 months.

Under the contract, the Consortium had to deepen the section of the Suez Canal at Great Bitter Lake, Deversoir Reach and Kabreet Reach, to a depth of 24 m, over a length of 25 km. A huge fleet, including six cutter suction dredgers and five hopper dredgers, survey vessels, pontoons, barges and auxiliary equipment was mobilised for the project. Nearly 1,000 crew and shore staff worked around the clock at the peak of the project.

And despite this, it was finished well ahead of time and some 40 million m³ of material was dredged. The New Suez Canal was inaugurated on August 6 2015.

Dredging & Land Reclamation

Inauguration of the New Suez Canal

Suez Canal extension project Egypt

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Mersin

Mersin International Port Management INC. awarded DEME an important project in Southern Turkey for the widening and deepening of the approach channel, the turning circle, as well as the basin and berth approach channel. The container terminal in Mersin Internatio-nal Port is currently under expansion. As a result, the port will receive more and bigger ships with deeper draughts.

Mersin International Port Management INC. is a part-nership between the Port of Singapore Authority and the Turkish infrastructure investment holding Akfen.

The TSHD ‘Uilenspiegel’ and the CSD ‘Amazone’ have been mobilised. Around 4 million m³ were dredged du-ring the project, which finished early 2016.

Annaba & Jijel

In Algeria, DEME carried out maintenance dredging in the port of Annaba in the first few months of 2015. At the end of the year, the company was awarded a contract at Jijel as a subcontractor for Meditram. Works began in December 2015 with a grab dredger.

— Turkey — Algeria Russia

The geopolitical context, added to the worldwide economic downturn and low oil prices, turned the huge and promising Russian market into a challenging place to navigate in. Despite this however, many infrastructure works are being planned and Russia still has huge potential for development.

Thanks to its large 4-year Sabetta contract on the Yamal Peninsula, DEME’s Russian subsidiary Mordraga ensured work for a large fleet of DEME vessels over the summer. An additional and strategically important contract for Yamal LNG confirmed Mordraga’s presence in Russia.

“DEME strengthened its historical presence in the Russian Federation with a very high level of activity in 2015 and further

development of its Russian subsidiary Mordraga LLC.”

Mersin projectTurkey

Dredging & Land Reclamation

New Sabetta Port projectYamal Peninsula, Russia

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— Yamal Peninsula

Remote location with enormous logistic challenges

As there is not a single road leading to Sabetta, logistics is by far the greatest challenge in conducting the multi-year contract on the Siberian Yamal Peninsula. Therefore, careful preparation was essential for the successful execution.

A combined fleet of more than 20 vessels and over 350 site personnel was mobilised in July 2015 under a very strict time schedule limited by the summer navigation season, which in this part of Russia is approximately three months. Mordraga will continue to operate in Sabetta, maintaining the highest environmental standards, which is crucial in such a remote and pristine environment.

The St. Petersburg maintenance dredging project was executed at Bolshoy Port Sankt-Peterburg in the last quarter of 2015. This involved dredging the access channel outside the flood protection barrier at Kron-stadt for a stretch of more than 10 km, and was execu-ted with the TSHD Lange Wapper that had just left the Sabetta project.

The dredging operations were successfully completed in the first half of November.

— St. Petersburg

New Sabetta Port projectYamal Peninsula, Russia

Dredging & Land Reclamation

New Sabetta Port project Yamal Peninsula, Russia

The scope of this year’s contract included the widening and deepening of a sea channel in the Ob River and the deepening of the access channel and port basin for the new LNG terminal in Sabetta.

Sabetta port

The Sabetta port basin accommodates both the Mate-rial Offloading Facilities (MOF) for offloading the con-struction materials of the massive LNG facilities, as well as the future permanent port, which will have two LNG berths.

The futuristic LNG tankers with ice breaking capacity will transport the gas from Yamal to the European LNG transfer facility in Zeebrugge, and on to the Asian mar-ket via the Northern Sea Route.

Ob River

This year’s second phase of the federal contract called for the completion and handing over of the sea chan-nel (with a width of 205 m and 48 km length) - a chal-lenge which was swiftly achieved by an extensive fleet of large DEME TSHDs and plough vessels. Yamal LNG

In early 2015 Mordraga secured a second contract in Sabetta, as Russian general contractor working direct-ly for the private developer YAMAL LNG. The scope of works under this contract involved the capital dredging for the creation of two new berths and the extension of the existing berth 1.

The berth dredging for YAMAL LNG was executed by CSD ‘D’Artagnan’, which was mobilised, together with a fleet of barges directly from the Suez Canal project.

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Asia & Oceania

As elsewhere in the world, Asia was marked by slow economic growth in 2015, and the Australian economy suffered from a decreased appetite for the country’s natural resources. Low oil prices further reinforced this trend and led to weaker investment levels in marine infrastructure.

The Australian macro-economic outlook indicates a few years of sharply reduced investment in port infrastructure. However, Dredging International Australia (DIAU) will continue to follow up on the opportunities that arise, including projects that have been postponed.

DEME’s local subsidiary Dredging International Asia Pa-cific (DIAP) managed to buck the general trend in Asia by acquiring a gigantic project in Singapore, Tuas Ter-minal Phase 1. In combination with the ongoing Jurong Island Westward Extension project, this will guarantee a high level of activity in Singapore until at least 2020.

Additionally, these projects reaffirm DIAP’s position as a market leader in soft soil reclamations, a highly com-plex discipline that is becoming increasingly relevant throughout Asia, as the availability of sand resources for reclamation use is finite. As well as this, environ-mental regulations frequently mandate the reuse of all dredged materials at the reclamation site.

Tuas Terminal Project (Phase 1)

In February 2015, DIAP was awarded the Tuas Terminal Project, Phase 1 (TTP1), in a joint venture with Daelim Industrial of South Korea. This huge project, which is on behalf of Singapore’s Maritime Port Authority (MPA), entails the construction of an entirely new logistics hub, and is scheduled for completion in 2021.

Dredging and reclamation works have commenced on schedule, and feature a wide spread of equipment including DEME’s own Cutter Suction Dredgers and a fleet of grab dredgers of various sizes. Preparations for the civil component of the project, including the con-struction of a unique, two-lane caisson casting yard, are proceeding apace as well.

The acquisition of the TTP1 project reaffirms DIAP’s abi-lity to provide innovative solutions for complex recla-mation projects.

Project scope TTP1

• Dredging of the quay wall foundation, the fairway and basins • Construction of 8.6 km quay wall• Reclamation of 380 ha of land for subsequent development of the port terminal

— Singapore

Tuas Terminal Project (Phase 1)

Singapore“The gigantic Tuas Terminal Phase 1 project, together with the ongoing Jurong Island Westward Extension, guarantee

a high level of activity in Singapore until at least end 2020.”

Dredging & Land Reclamation

Artist ImpressionTuas Terminal Project (Phase 1)

Singapore

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Jurong Island Westward Extension

The Jurong Island Westward Extension (JIWE) project is proceeding on schedule for completion in 2018. It com-prises the reclamation of approximately 38 million m3 of new land at Singapore’s petrochemical hub, Jurong Island, for Singapore’s largest industrial landlord, Ju-rong Town Corporation (JTC).

The reclamation materials for the project are partially derived from dredged materials on site and other sour-ces in Singapore, but the majority are being shipped in from overseas. DIAP and its joint venture partner for the project, Star-high Asia Pacific, have successfully overcome the chal-lenges posed by the complexity of the logistics involved in long-distance sand supply.

Lower Ok Tedi Dredging Project

In Papua New Guinea, OK Tedi Mining Ltd. (OTML) awarded DEME a 5.5-year extension of a long-running contract to remove mine-derived sediments from the Lower OK Tedi River system.

The main objectives of the Lower Ok Tedi Dredging Project are to minimise over-bank flooding by redu-cing riverbed levels and alleviating floodplain dieback downstream by dredging a section of the river at Bige, which is approximately 100 km from the mine.

OTML has assigned DEME’s CSD Cap Martin to this re-mediation dredging project since 1997, and the pro-gramme has led to long-term positive outcomes: there has been a remarkable improvement in the environ-mentally sensitive river system downstream of Bige.

The contract was extended to mirror OTML’s decision to extend the operating life of the mine and represents 5.5 years of additional work for the entire Cap Martin dredging spread.

— Papua New Guinea

Jurong Island Westward Extention (JIWE) project

Singapore

DEME’s local subsidiary Dredging International Australia (DIAU) completed the Wheatstone LNG Marine Facilities Dredging Project for Chevron’s LNG export facility in Onslow, Western Australia. DIAU had the opportunity to act as subcontractor to Bechtel (EPCM) for the marine dredging package. This comprised dredging 27 million m3 of materials.

The works were situated in an environmentally sen-sitive area and as such executed under strict environ-mental requirements. Even with these tight controls, works were completed more than one year ahead of schedule, illustrating DEME’s expertise in undertaking very large dredging projects without harming the surrounding marine ecology.

— Australia

Wheatstone LNG Marine Facilities Dredging Project

“DEME has been active in Australia almost continuously since 1974 and expects to put its local knowledge

and experience to good use when the Australian economy gathers traction once again.”

Dredging & Land Reclamation

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Africa

A chronic lack of modern infrastructure in many countries in Africa and the demands of the oil & gas industry before the current crisis, led to DEME experiencing its busiest year ever on the continent. Virtually every port is being upgraded, deepened or extended.

“Many projects in Africa are vitally important for economic development and DEME is keen in ensuring

sustainability for such projects.”

In the Democratic Republic of Congo, a unique PPP agreement has been signed in 2014 for a 10-year river maintenance dredging campaign on the River Congo, together with the Congolaise des Voies Maritimes.

This remarkable project has broad-ranging scope involving maintenance dredging and an extensive knowledge transfer programme, whereby local DRC

crews will be trained in Belgium. The first dredging campaign got underway in March 2015 deploying the ‘Orwell’.

While it is important that the PPP set-up is sustainable, it was also crucial that it is economically viable. This project is a win-win for all involved.

— Democratic Republic of Congo

Dredging campaign on the River Congo

New Fishing PortAbidjan, Ivory Coast

Dredging & Land Reclamation

— Ivory CoastDEME and a consortium formed by Sogea Satom successfully built a new fishing port in Abidjan. The reclaimed land for the new port is around 42 ha.

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EKO Atlantic

DEME is involved in a historic project in Nigeria - the prestigious development of EKO Atlantic City in Lagos, dubbed the ‘Manhattan of Africa’. This represents the largest land reclamation works ever performed on the continent.

In early 2015, DEME was awarded the remaining three phases of the Atlantic City project. Some 500 hectares (50 million m³ of sand) have been created under Phase 1 & 2 and building started immediately. Phase 3 got underway in June with the TSHD ‘Breughel’ and is on schedule.

Maintenance dredging in Bonny and Onne

Another major long-term contract DEME worked on in 2015 is carried out via a PPP agreement under the Bonny Channel Company (BCC), a joint venture with the National Ports Authority of Nigeria. Annual maintenance dredging was performed in 2015 to en-sure the channel to the LNG terminal in Bonny and the ports of Onne and Port Harcourt remains accessible. Onne has one of the biggest oil service ports in the world, owned and operated by Intels.

GeoSea’s jack-up barge, ‘Vagant’, is also working in the area. The jack-up barge of the DEME subsidiary was contracted in 2015 by NLNG to assist with the overhaul of the loading arms at the gas export terminal located in Bonny Island.

Furthermore, end-2015 BCC was awarded a long-term contract for harbour and towing services subcontracted to CTOW. As such, BCC will provide a total solution on the Bonny River for dredging, towing, wreck removal, navigation and jack-up services.

Port extension in Onne

DEME is also involved in the extension of Intels Onne service port, which includes the creation of some 600 ha of new port area, which is being constructed over 8 years in three phases. In addition, DEME completed the dredging works (300,000 m³) in front of a new quay wall at Indorama’s fertiliser plant in Onne.

Ilubirin Island

DEME was awarded a contract to reclaim IIubirin Island in the Lagos Lagoon, which is set to be used for residential developments. Works started end-May with the CSD ‘Rubens’. Some 45 ha was reclaimed by the year’s end, which represents 5 million m³. Shore protection works are ongoing.

— Benin

In Cotonou, the deepening works for the port extension and access channel were completed in the third quarter. Deepening the channel to -15 m makes a new container terminal accessible and was conducted on behalf of the Cotonou port authority, a new client for DEME. This was under a JV with Sogea-Satom (part of Vinci Construction) and EMCC.

— Togo

In Lomé, DEME has executed a 6 million m³ capital dredging contract for the extension of the TIL Lomé Container Terminal (MSC). Deepening works started in 2014 and were completed in 2015. This work has been carried out as a subcontract to a JV with Cyes-Somague.

— AngolaIn June 2015, DEME and its partner won a 3-year extension on its existing maintenance dredging contract for the access channel to the Sonangol LNG export terminal.

— Ghana

Coastal protection works, involving specially designed underwater breakwaters, started in 2014. Around 21 km of coastline protection works were carried out during the ADA project. On this particular stretch of coastline erosion can take place at the staggering rate of 10 m to 20 m a year.

This project highlights how DEME provides solutions to global challenges. The in-house innovative breakwater design reduced the amount of rock being used substantially, as well as the transport of the materials. Overall it is a cheaper method and a more ecological solution.

Additionally, this area is a nesting habitat for three types of turtle, including the mighty leatherback sea turtle. DEME has ensured the safety of more than 50,000 turtles during the project.

— Guinea

In Conakry, DEME completed its latest maintenance dredging campaign in April 2015. The access channel and harbour basin were dredged to -10.50 m.

It is worth noting that the campaign took place at the height of the Ebola crisis but again, DEME proved its commitment to Africa. Despite the challenges the dedicated project team stayed and completed the works in line with the expectations of the client.

— Nigeria

Coastal protection works Ghana

EKO Atlantic projectLagos, Nigeria

Dredging & Land Reclamation

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Middle East

DEME has a wealth of experience in the Middle East and a significant presence with offices in several countries of the Gulf, including Qatar, the Emirates and Bahrain. Although times are more challenging and intense competition is expected, DEME will be able to demonstrate its wide-ranging and innovative capabilities to prospective clients.

Two huge projects dominated DEME’s portfolio in 2015.

“For the last decade DEME has been working non-stop across the Middle East on many

prestigious projects.”New Port Project, Doha

The New Port Project in Doha was nearly completed allowing the first commercial vessels to enter the port in December 2015. This ambitious project which MEDCO, DEME’s partnership in Qatar, was awarded in March 2012 and included the dredging of the navigation channel, as well as the reclamation of the economic zone and an island forming the new naval base.

A swift delivery was vital as the New Port was urgently needed to replace the existing one in the heart of the city of Doha, which became too small and too congested in view of the exponential increase of the marine traffic expected in the years leading up to the 2022 FIFA World Cup.

Months ahead of the original schedule, the first vessel brought the cranes in for the container terminal in August 2015 and commercial traffic started from December. The New Port was officially handed over in January 2016.

La Mer (Jumeirah Open Beach), Dubai

The other important project in the region that started in 2015 is for the ‘La Mer’ real estate development, owned by Dubai-based Meraas Development. This new, mixed-use reclaimed area of 2.9 million m2 will comprise prestigious residential, commercial and leisure areas, and is largely situated on the three peninsulas reclaimed by DEME along Dubai’s Jumeirah beachfront district. Completion of the project is expected around mid-May 2016.

— Qatar — United Arab Emirates

Dredging & Land Reclamation

New Port Project Doha, Qatar

‘La Mer ‘ real estate developmentDubai, UAE

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Latin America

Oil and vast mineral resources are the bedrock of the Latin American economy and there is no doubt that the troubles these sectors are experiencing are having a knock-on effect in many countries. However, on the positive side, the impact of the historic Panama Canal Expansion project is being felt the length and breadth of Latin America, as many ports gear up to ensure they will be able to handle post-Panamax vessels.

“The impact of the historic Panama Canal Expansion project is being felt the length and breadth of Latin America, as many ports gear up to ensure they will be able to handle

post-Panamax vessels.”Porto Sudeste

The main dredging project to be completed in 2015 was Porto Sudeste, Brazil, which is a private terminal dedicated to handling iron ore. DEME dredged the turning basin and access channel of Porto Sudeste in Sepetiba Bay. This included some 3.5 million m³ of silt and clay. Hard soils also had to be removed. DEME carried out the drilling and blasting of 80,000 m³ of rock.

Several maintenance contracts

The annual maintenance dredging campaign in Vale’s Port of Tubarão in Brazil was completed deploying the TSHD ‘Reynaert’. This campaign is part of a multi-year maintenance and capital dredging contract for Vale’s Brazilian ports. The TSHD ‘Reynaert’ then went on to work in Sepetiba Bay for ThyssenKrupp. Despite the considerable sailing distances, technical challenges for the handover and strict, environmental requirements, the project was successfully delivered ahead of schedule just days before Christmas.

Rio Grande

Even though Brazil was somewhat slower than the past few years, DEME was awarded the Rio Grande Project in a JV. The TSHD ‘Pearl River’ will be deployed as from March 2016. The total project is expected to last 11 months and covers the maintenance dredging for the inner and outer channel of Rio Grande. Volumes are expected to reach 23 million m³.

— Brazil

Dredging & Land Reclamation

Porto Sudeste, Brazil Drilling and blasting campaign, Porto Sudeste, Brazil

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Panama Canal

DEME returned to Panama to work on the historic Panama Canal project. This time DEME will assist with the further widening and deepening of the Pacific access channel of the Panama Canal to enable it to handle post-Panamax vessels.

DEME was previously working there between 2009 and 2012. The existing entrance southbound of the Americas Bridge will be widened over a distance of 7 km by 37 m on both sides, making the total width 300 m.

This work will start in March 2016 and is estimated to take 12 months.

— Panama Indian subcontinent

With its huge population of 1.26 billion and an economy of 2 trillion dollars, India is experiencing the strongest growth of all the BRIC countries. As its people become wealthier and the demand for consumer products and energy climbs, this is being reflected in new prospects.

2015 was a good year for DEME in the region, particularly when it came to port expansion projects in India. DEME’s Indian subsidiary, International Seaport Dredging (ISD) saw a record turnover in 2015 and this is despite the fierce competition in the market from both local and international competitors and the Indian authorities giving preferential treatment to local dredging companies.

“For the first time ISD is working in Mumbai as the company is involved in the prestigious Jawaharlal Nehru Port project.”

Dredging & Land Reclamation

Panama Canal

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Hulhumalé Phase II – The Maldives

DEME returned to The Maldives in January 2015, after receiving a contract award for the second phase of the reclamation of the island of Hulhumalé. In 2002 DEME executed the first phase of the project, including reclamation and coastal protection works.

Phase II represents 244 ha of land, which is expected to be able to house around 100,000 people eventually. Both phases are meant to be able to accommodate people from the heavily overcrowded capital island of Male, situated just one mile from Hulhumalé.

DEME was borrowing sand from depths of 50-60 m to create the new land, which has doubled the island’s footprint.

Kakinada

Kakinada can be considered DEME’s home port in India as DEME has dredged there numerous times since 1999. In 2015 the reclamation of the back-up area for berth 7 was executed. The presence of a thick layer of very soft clay over the area to be reclaimed represented a big challenge.

JNPT4 Mumbai

For the first time DEME’s Indian subsidiary ISD was present in the Jawaharlal Nehru Port in Mumbai, working on the fourth container terminal (JNPT4), which will be operated by PSA.

ISD has been dredging and deepening the turning basin and berth pocket. The project was completed ahead of schedule in December 2015.

— Indian subcontinent

The work in Jawaharlal Nehru Port in Mumbai was extremely challenging, with many shallow depths and restrictions due to high tidal ranges. ISD successfully removed thick layers of soft and stiff clays in order to create the future berthing pocket and manoeuvring areas. Various innovative, customised ploughs were built and have been used extensively throughout the job and successfully.

Jawaharlal Nehru is the largest container port in India, with half of all containers handled there. When completed in 2017, the project will double the number of containers handled by the port in 2014.

Kamarajar

A contract was signed for dredging work for the Kamarajar port project in August 2015. This large-scale project near Chennai involves dredging work for a new container terminal, two coal berths, a multi-cargo terminal and turning basin. The CSD ‘Ambiorix’ will join in March 2016 after the TSHD ‘Brabo’ arrived in January 2016.

Site preparation works have been disrupted by adverse weather in December 2015, with exceptionally heavy monsoon rains and flooding, the worst for 100 years.

Dhamra

ISD has been working at Dhamra, which is another rapidly expanding Indian port, from the first days of the project in 2008. Now, ISD is conducting a 2-year maintenance dredging campaign (2015-2016) and this is for both the pre- and post-monsoon period.

The channel, which is subject to yearly siltation, is being dredged each year and in 2015 an additional volume of sand was supplied for reclamation. The Indian-flagged TSHD ‘Antigoon’ was deployed on the Dhamra project, and is performing very well.

Dredging & Land Reclamation

Jawaharlal Nehru PortMumbai, India

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Marine & Offshore Solutions

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Renewables2015 was again a busy year in offshore renewables and 2016/17 is also expected to be buoyant. DEME is active in most of the main European offshore wind countries.

GeoSea celebrates 10th anniversary

In general, 2015 can be marked as the year of the shift towards Engineering, Procurement, Construction, Installation & Maintenance (EPCIM) or Design, Build, Finance & Maintenance (DBFM) contracts.

DEME is being asked to carry out more of these ‘balance of plant’ contracts for example in marine construction and offshore works, whereby the full scope for the development is awarded including: project engineering, installing and procurement of foundations, installing turbines, building and installing the substations, providing marine equipment, the auxiliary works and even providing financing and maintenance.

DEME’s subsidiaries Dredging International, Tideway and GeoSea have experienced a similar rise in the number of total solution contracts and have worked together in JV on many Engineering, Procurement, Construction and Maintenance (EPCM) contracts in 2015.

GeoSea was established in 2005, grouping DEME’s geotechnical and foundation specialists in order to meet the needs of the marine infrastructure market, the upcoming renewables market and the evolving oil & gas industry.

From the very start, GeoSea’s services have included a wide range of specialised techniques such as very large diameter piling, soil improvement and offshore foundations, soil investigation, rock drilling/blasting and directional drilling.

Today, the company’s focus is on building offshore wind farms and foundations for jetties and mooring systems, in addition to the installation of complex infrastructures at sea. More recently, the company has also focused on the maintenance of both offshore wind farms and oil & gas installations, as well as the decommissioning of such assets.

GeoSea has evolved from an offshore foundation contractor to a reputable EPCM solution provider. Throughout the years, GeoSea has expanded its fleet, which has resulted in an impressive series of jack-up vessels.

Engineering & Construction

Marine & Offshore Solutions

Nordsee One offshore projectGerman North Sea

Kentish Flats Extension Project UK

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2015 saw a substantial boost in DEME’s presence and fleet in Germany. In May, DEME officially acquired the assets and personnel of its former long-term partner Hochtief Solutions, including the world’s largest offshore heavy lift jack-up vessel ‘Innovation’, which has been successfully and continuously working in the harsh environment of the German Bight since 2012.

With its unique characteristics, especially its high-performance 1,500 tonne crane, its high-tech jacking system and its loading capacity of up to 8,000 tonnes, the vessel has made its mark on the industry. Other assets include the jack-up vessel ‘Thor’ and 3 heavy duty transport pontoons, which have 10,000 tonnes payload each.

Godewind

DEME carried out the transport & installation contract for the foundations for the Godewind Offshore Wind Farms, which are located in the German Bight, for DONG Energy. The contract included installing the monopile foundations, as well as transporting them from the manufacturer to the base port of Eemshaven. DEME also completed the scour protection works for this project.

Nordsee One

Upon demobilisation at Godewind, ‘Innovation’ was then prepared for the Nordsee One project for RWE Innogy. Here, DEME is transporting and installing the monopiles and carrying out the scour protection. Work commenced in December 2015 and is expected to be finished in April 2016.

Baltic 2

In February 2015, the EPCI foundations contract of Baltic2 was completed after four years for EnBW Erneuerbare Energien GmbH.

— Germany

The UK market is largely driven by the timing of the Contracts for Difference (CfD) auctions. DEME has been successful and will be participating in several of the offshore wind farms. And even though the UK market is slowing down, DEME is very pleased to have been awarded major projects such as Galloper and Race Bank.

Galloper

DEME was awarded the EPCI foundation package for the Galloper Offshore Wind Farm from RWE Innogy. Offshore works are scheduled to kick-off towards the end of 2016 with the installation of the scour protection.

Race Bank

Furthermore in the UK, DONG Energy awarded the transport & installation contract for the Race Bank Offshore Wind Farm to DEME. The preparation works for the 97 foundations are fully underway and DEME will proceed offshore in the second half of 2016 after completion of the Nordsee One Offshore Wind Farm in Germany. DEME will also execute the scour protection works.

Kentish Flats

The EPCI contract for the Kentish Flats Extension Offshore Wind Farm from Vattenfall was completed in 2015. This involved the installation of 15 Vestas 3.3MW turbines. The contract had a very broad scope and included the collection and installation of the turbines.

High Wind’s patented ‘Boom Lock’

During the installation activities for the Kentish Flats Extension project, High Wind’s patented ‘Boom Lock’ was used for the first time, a tool developed for installing offshore wind turbines in more severe wind conditions.

High Wind is a joint venture of GeoSea, Sarens, SBE and Participatie Maatschappij Vlaanderen (PMV). This innovative solution resulted in an improved vessel uptime and considerable savings in terms of time and costs.

— UK

Marine & Offshore Solutions

Innovation leaves Harbour of Cuxhaven towards Nordsee One offshore wind farm

Boom Lock

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— Belgium

Belgium is well on track to achieve its ambitious target of reaching 2,000MW produced from offshore wind by 2020. There is more certainty in the market following decisions on the subsidy mechanism and the Stevin pro-ject, which will upgrade the high-voltage grid between Zomergem and Zeebrugge, ensuring that offshore wind energy will be brought to the mainland and distributed throughout the country.

Rentel

In its home market, DEME is preparing for the offshore installation works of Rentel offshore wind farm, which is partly owned by DEME Concessions Wind. Works are expected to get underway on the 294MW capacity wind farm in 2017.

Mermaid and SeaStar

Another two offshore wind projects, in which DEME Concessions Wind has a stake, are currently being prepared following up on the Rentel Project.

Decommissioning of Docking Shoal

Wind Met Mast

DEME successfully completed the decommissioning and removal of the Centrica-owned Docking Shoal Wind Met Mast, located 22 km offshore of Skegness. Only five weeks passed between the contract signing and project finalisation, making it a challenging fast track project.

This project, although relatively small in size in relation to marine construction projects, is an important milestone for DEME as it represents the first met mast decommissioning project ever carried out by the company.

Marine & Offshore Solutions

‘Innovation’

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Oil & GasDEME’s daughter company Tideway has been active in the Oil & Gas industry for almost 25 years. In 2014 GeoSea additionally established the company EverSea which focuses on the use of their jack-up platforms in the Oil & Gas industry.

T&I contract on two platforms for ENGIE Group

DEME successfully completed the execution of a trans-port and installation project on two platforms for GDF Suez E&P Nederland BV (part of the ENGIE Group), the leading gas operator in the Netherlands. The main scope of the project was the transportation and instal-lation of a 330-tonne gas compression module on the E17a-A platform, approximately 100 km northwest of Den Helder. DEME’s self-propelled jack-up vessel ‘Nep-tune’ also installed a new crane on the L10-E platform in the manner requested by the client in order to re- duce transportation costs.

QUOTE FROM THE CLIENT

Jolanda Smits, Installation Coordinator for GDF SUEZ E&P

Nederland commented: “During the E17a-A compression module installation, as well as during the L10-E plat-form crane installation, the crew on board the Neptune (including subcontractors) per-formed their work safely and

efficiently. Furthermore, in spite of unforeseen circumstances, the EverSea team was able to provide all possible support

and assistance.”

T&I of P11-E unmanned minimum facility platform

DEME was also awarded a contract for the transport and installation of the P11-E unmanned minimum facility gas platform. The project will be executed for Oranje Nassau Energie BV (ONE), the largest privately owned Dutch oil and gas exploration and production company.

The P11-E platform is a natural gas processing offshore facility that will treat the gas feed from the near by P11-E field on the Dutch continental shelf. The pre-sweeping and rock placement works will be undertaken by Tideway. Installation works at the offshore site are scheduled for May-June 2016.

FPAL Verification for EverSea

EverSea received its First Point Assessment Limited (FPAL) accreditation, which is vital in the oil and gas industry.

Due to the high potential risks of the work which GeoSea and EverSea will execute within the oil and gas sector, mandatory verification of GeoSea’s integrated QHSE management systems and GeoSea’ processes was required by FPAL. This verification was performed by means of a two-day audit on the vessel ‘Neptune’ and at the company’s HQ in Zwijndrecht, Belgium

Other contracts

In May 2015, DEME carried out the seabed levelling and erosion protection works for the Wheatstone project’s gas export pipeline (Australia).

In Ireland, DEME obtained a contract for remedial rock installation for the Shell Corrib project.

In the summer ‘Rollingstone’ arrived in Mexico and started rock placement works for different PEMEX pipe lay installation contractors.

Right at the beginning of the year DEME signed a contract with Saipem for a second project in Venezuela - the ‘PDVSA Dragon project’. Works included building a stone platform, which will be used as a landing base for the pipeline. The pipe was pulled to shore and backfilling works were completed.

Marine & Offshore Solutions

Crew in action on Tideway’s fall pipe vessel ‘Rolling Stone’

Jack-up vessel ‘Neptune’ working on the E17a-A platform, the Netherlands

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In 2017, the multipurpose vessel ‘Living Stone’ will join DEME’s fleet of fall-pipe vessels. It will be the most advanced ship in its class and will serve transport and installation projects as well as offshore power cable and umbilical installation, interconnectors for the future European super grid amongst others.

Cable laying & rock placement

works

— Canada

In 2016, DEME will perform rock placement works on the Lower Churchill Project for the Canadian power company Nalcor. This is for a huge hydropower project in Muskrat Falls. The site is situated in Labrador, in a very remote location, where the company can only work in the spring and summer because of the extreme conditions. Three 18 km power cables are being placed to transport electricity through to Nova Scotia. Construction of the rock load out facilities and rock crushing was executed in the summer of 2015.

— Baltic area

In another historic project, DEME signed a contract with ABB for the rock placement works (pre and post) of the NordBalt project. NordBalt involves the supply of a new HVDC Light transmission system between Sweden and Lithuania. The 700MW ±300 kV transmission system will link the electricity networks in the Baltic and Nordic regions. It is believed to be the world’s longest HVDC Light underground and subsea cable.

— Gibraltar

In December 2015, DEME was awarded the remedial rock placement works in the Strait of Gibraltar in a JV. This project is for Enagas and was underway in early 2016, with the ‘Seahorse’ deployed.

— Norway

Meanwhile, DEME was also busy with rock placement works up to 600m on the Norwegian plateau. This three-year contract was awarded by Statoil.

— Belgiumthe Netherlands

Additionally, Tideway also worked on several infrastructure projects during 2015 such as a contract from Evides for the protection of a water pipeline crossing over the River Scheldt, which was executed in November 2015.

Marine & Offshore Solutions

Remedial rock placement worksby the ‘Seahorse’ in the Strait of Gibraltar

Rock placement works by the ‘Rolling Stone’ on the River Scheldt, Belgium & the Netherlands.

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Maintenance

Maintenance campaigns for Senvion

OWA executed a maintenance campaign for Senvion at the offshore wind farms Thorntonbank (BE), Ormonde (UK), Alpha Ventus (GER) and NorseeOst (GER). This campaign has been extended with additional scope. OWA has operated both the jack-up vessels ‘Thor’ and ‘Neptune’ for maintenance work in 2015.

Balance of Plant service contract

OWA has executed monitoring and inspection services on the Thorntonbank, as part of the longterm service framework agreement with C-Power. Services executed included above and underwater surveys of foundations, scour protection and cables.

Marine logistics

OWA continued to provide marine logistical services along the Belgian and Germany coast, operating the crew transport vessels ‘Aquata’ and ‘Arista’, as well as a fleet of up to 4 chartered vessels to complement temporary demand.

Long-term contracts for Gemini

OWA will operate and maintain the Balance of Plant for the future Gemini offshore wind farms in the Dutch North Sea. In addition to providing marine logistics, the scope of works includes the maintenance of all foundations above and below water as well as the maintenance of the cable and scour protection. The contract covers a period of 5 years, starting in 2016.

Offshore & Wind Assistance (OWA), DEME’s specialist offshore wind maintenance company, had a number of ongoing projects during 2015.

Marine & Offshore Solutions

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Combined Marine Terminal Operations Worldwide (CTOW) offers a full package of professional assistance for the operation of dedicated maritime terminals and related services. For example, CTOW can carry out everything from maintenance services to a jetty or a fairway, including handling of navigation aids, to towing services at a terminal.

CTOW is a joint venture company owned by DEME, Herbosch-Kiere and Multraship. The company seeks early involvement and an integrated and turnkey approach to the development, management and operation of terminals and ports.

Focus on Africa

In 2015, CTOW continued to focus on its activities in Africa. In order to serve the growing client base, CTOW took the milestone decision to invest in its first two vessels, which are due to start operations in March 2016.

The two, 60-tonne bollard pull ASD tugs will be deployed at the mouth of the Bonny River in Nigeria to provide towage assistance to LNG tankers . Currently, the company is training local crew to grow its local roots and prepare for future growth in Nigeria and Africa.

Meanwhile, CTOW continued its contract to provide harbour towage in Onne port in Nigeria. In Luanda, Angola, CTOW installed temporary navigation aids to mark the navigation channels in Baia de Luanda and Baia de Mussulo.

CTOW

SCALDIS

SCALDIS Salvage & Marine Contractors celebrated its 20th anniversary in 2015.

As a specialist heavy lift contractor, operating on a worldwide basis, SCALDIS concentrates on marine heavy lifting with its vessel ‘RAMBIZ’ for civil construction works, oil & gas projects (installing jackets/topsides), renewables (installing jackets/offshore high voltage stations), decommissioning (oil & gas/ renewables) and salvage.

Focus on offshore wind and decommissioning

Due to the dip in the oil & gas industry the main focus of SCALDIS is currently on offshore wind and the decommissioning of obsolete oil & gas platforms. Several offshore wind projects were realised during 2015.

Luchterduinen

In February, SCALDIS carried out the transport and installation of the OHVS module for the Luchterduinen wind farm in the Netherlands for Cofely Fabricom. Luchterduinen was the first in hook transportation of a substation. In hook transportation was the preferred option to reduce the handling and other operations to be performed offshore. This greatly improved the prospect of finding a suitable installation window.

Gemini

SCALDIS also worked on the Gemini offshore wind farm in the Netherlands, where it carried out the transportation and installation of two Offshore High Voltage Stations. All lifting, piling and grouting operations were performed from ‘RAMBIZ’ enabling the entire project to be completed in just four weeks.

Nordsee One, Rampion & Nobelwind

In 2016 SCALDIS will carry out the transportation and installation of the jacket and topsides for Nordsee One offshore wind farm for RWE. E.ON also awarded SCALDIS for the transport and installation of the jacket and topside for the Rampion project. Subsequently SCALDIS will carry out a substation installation in Belgium at the Nobelwind wind farm.

Thames A, Viking and Vulcan

The company’s heavy lift crane vessel ‘RAMBIZ’ has been busy preparing to remove three platforms from the Southern North Sea on behalf of Perenco. It is also carrying out preparations for contract performance over the next years of the removal in joint venture of 11 platforms on behalf of ConocoPhillips.

Related Services

Marine & Offshore Solutions

Harbour towage in Onne port, Nigeria Wind farm Luchterduinen, the Netherlands

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Environmental Solutions

Terranova remediation project Zelzate, Belgium

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DEME Environmental Contractors (DEC), de Vries & van de Wiel, Ecoterres and Extract-Ecoterres are all part of Ecoterres Holding, DEME’s environmen-tal group of companies.

Their activities include soil decontamination, treatment of polluted soil and dredged sediments, as well as high-tech cleaning of water, with a focus on design, build and exploitation using innovative techniques.

With the plummet in the oil price and decline in mining activity, 2015 was characterised by fewer remediation projects, unless they were deemed abso-lutely critical.

Meanwhile, in some countries where space is particularly limited, there was an increase in tendering activity as local governments look to build new hou-sing on brownfield sites, which need to be remediated before construction can start.

Proactive partnerships

DEME’s environmental companies are taking an increasingly proactive role in sourcing and developing potential remediation projects. As local authorities face a squeeze on their budgets they cannot afford to take on the risk and expense of these remediation projects.

Along with development partners, DEME’s environ-mental companies identify old, polluted industrial sites and approach owners regarding the possibility of redeveloping the site into industrial, housing and community recreational areas.

Treatment centres in Belgium, The Netherlands & France

With several soil and sediment recycling centres in Belgium and the Netherlands, DEC, de Vries & van de Wiel and Ecoterres treated about 1.25 million tonnes of polluted soil and dredged sediments in 2015, making them the leading companies in this specialised activity in Belgium and the Netherlands. An overview of the treatment centres is on page 131.

During 2015, Extract-Ecoterres opened a new treatment centre in France. The centre is based in Bruyères-sur-Oise, 30 km north of Paris. The 30,000 m2 site can be reached by road or by water as it has its own 200m quay on the Oise River. It is designed to treat 300,000 tonnes a year.

“DEME’s environmental companies are taking an increasingly

proactive role in sourcing and developing potential remediation

projects.”

Environmental Solutions

Remediation works on the Nilefos brown field in Ghent, Belgium

Bekaert brownfield development project Zwevegem, Belgium

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— Belgium

Brownfield Development

DEC’s proactive approach to remediation projects is highlighted by some recent awards in Belgium for two new brownfield developments, Bekaert Zwevegem and Bekaert Hemiksem with private developers Vanhaerents and Vooruitzicht. These sites were previously used for the manufacture of steel wiring.

In a similar arrangement, DEC and its joint venture partner have acquired a 8 ha, brownfield site from Bayer in Ghent. The contract was awarded in January 2016 and work is expected to complete before the year-end.

DEC creates space to work, live and relax

At the Bekaert brownfield development project in Zwevegem, a whole new quarter of the town is being created including housing, a sports hall and a park. All of the soil has been excavated and treated. DEC took over the full responsibility of the remediation at a lump sum price. The works at the Nilefos brownfield at the port of Ghent continued with the remediation of the former gas works site and the dismantling of the radioactive contaminated structures. Together with a partner, the new chemical cluster ‘Dockland’ will be realised on the site.

Remediation works

In Balen, DEC is involved in an ongoing project involving the dehydratation of Nyrstar process residue. Nyrstar has awarded two additional contracts for the capping of a dump site and the installation of a pump infrastructure network to capture and treat polluted groundwater. Here, DEC has been working on the tailing management, dewatering and making filter cakes from the material.

Ecoterres carried out depollution work for ArcelorMittal in Liège, the world’s leading integrated steel and mining company. Ecoterres also completed depollution work for Erachem in Tertre. Starting in 2014, this project included soil stabilisation, water treatment and capping of the site.

Ecoterres has nearly finished the construction of a new sediment centre for the Service Public de Wallonie (SPW) in Obourg. This project started in 2011 and is due to complete in 2016.

Ecoterres carried out depollution works in Kain, acting as a subcontractor of Bageci (CFE), which is replacing a dam adjacent to the lock at Kain on the River Scheldt.

Waterway solutions

For the second year, DEC has been working for the NV Waterwegen en Zeekanaal (Flemish inland waterway authority) as part of a 7-year contract. DEC treats the dredged sediments at its sediment centres throughout Belgium.

Ecoterres and its specialised dredging subsidiary Kalis, finished a 4-year maintenance contract of the Walloon waterways. Sediments from the dredging operations were handled by Ecoterres on the Vraimont site (Tubize) (A-type sediments) and then Sedisol (Farciennes) handled the more polluted, B-type sediments. Some 60,000 m3 were treated in Sedisol in 2015.

AMORAS

DEC continues its operations at the AMORAS facilities. This is a major design, construction and operation contract for sediment treatment and storage in the port of Antwerp, covering a period of 15 years. See page 58 .

Major Concern

DEC has expressed deep concerns over the recent decision made by the Public Waste Agency of Flanders (OVAM) to allow the port of Antwerp to dump polluted dredged sediments in the underwater dumpsite Slufter in Rotterdam.

This decision is in conflict with Flemish and European legislation, DEC argues, as these sediments could be fully recycled in Belgium.

The sediment treatment sector in Belgium has invested heavily in different sediment recycling centres all over Flanders and on top of that, the Flemish government has a state-of-the-art treatment facility in the Port of Antwerp (AMORAS), which is a very cost effective solution to dehydrate and recycle these sediments, DEC points out.

Environmental Solutions

Dismantling of radioactive structures at the Nilefos brownfield project

Ghent, Belgium

Bekaert brownfield development projectZwevegem, Belgium

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— The Netherlands

Commissioned by the City of Rotterdam, a soil remediation project has been performed over the past two years at the location of the former Feijenoord gas factory in Rotterdam. The gas plant was in operation between 1879 and 1968, when it was demolished with the exception of the chimney and water tank.

To prevent any pollution seeping through to the groundwater de Vries & van de Wiel remediated the site. After the remediation, the municipality will redevelop the site as a city park.

Strict Health & Safety Requirements

Preparation work on the ExxonMobil site infrastructure in Norway started in November 2015, and the roads, platforms, mixing facilities, offices and warehouses were in place by end-January 2016.

DEC has to excavate the acid tar, then treat it on-site ready for reuse. The Esso Norge AS site has to be restored to meet the Norwegian Environment Agency’s criteria for a future mix of commercial and residential use. DEC expects to treat around 45,000 tonnes of acid tar and more than 250,000 tonnes of contaminated soil.

One reason this project is particularly challenging is because the acid tar has to be turned into a good quality, usable, secondary fuel. The fuel will then be used by cement kilns as an alternative to using coal or other primary fuels.

DEC has to ensure that every part of the operation meets the strict Health & Safety requirements imposed by ExxonMobil and the Norwegian environmental authorities. DEC has brought its international team of specialists together for this unique project. Completion is slated for Q2 2019.

— UKAnother international project concerns Phase 3 of the remediation of a 100 ha coking site near Chesterfield, in the United Kingdom. Having started the remediation in 2009, DEC finished the landscaping of the site in January 2015. This had been a heavily polluted site with black tars, cyanide and many contaminates present, totalling some 1 million m³.

With the remediation complete, the site will be used for residential purposes, with sports centres, a school and even possibilities for fishing.

Environmental Solutions

Soil remediation projectFeijenoord gas factory, Rotterdam

— NorwayIn an important milestone for the company, DEC has been awarded its first contract from ExxonMobil. The company is particularly proud to be working on this challenging contract, given ExxonMobil’s stringent safety and environmental standards.

Together with Norway’s Veidekke Entreprenør AS, DEC will remediate a former refinery site, which is located at Valløy near Tønsberg, on behalf of Esso Norge AS.

Remediation project for ExxonMobil, Norway

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Infra Marine Solutions

‘Willem van Oranje’ rail tunnel Delft, the Netherlands

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In late 2015 DEME established a specialist marine infrastructure company named DEME InfraSea Solutions (DISS) NV with two subsidiaries DEME Infra Marine Contractors DIMCO BV and DIMCO NV active in the Benelux and on the international market respectively. In this context DEME took over the assets and personnel of the marine civil works division of CFE Infra NV / BV as well as GEKA BV.

Infra Marine Solutions

Reference projects

Spoorzone Delft, the Netherlands

The huge ‘Spoorzone Delft’ project reached an important milestone in 2015 when DIMCO, as consortium partner, completed the first phase of the 2,400 m ‘Willem van Oran-je’ rail tunnel, which opened on schedule. Under Phase 2, which has already got underway and is due to be comple-ted in 2018, two more rail tracks will be added. An under-ground station and parking area was also completed last year.

Jetties in Dunkerque and Rotterdam

DIMCO completed several important projects in 2015, in-cluding the delivery of a jetty for the new LNG Terminal in Dunkerque, France. A new jetty suitable for both sea-going and inland vessels was also realised for the Rubis Terminal in Botlek, Rotterdam and DIMCO finished a large pile-driving project for a quay wall at the LBBR terminal in Rotterdam.

Offshore Terminal Rotterdam

And 2016 got off to a good start when DIMCO and its local partner received a contract for the construction of a 460 m quay wall for a new terminal at Rotterdam’s Maas-vlakte. Work got underway in January and is due for com-pletion in June 2017.

Under the contract, awarded by the Port of Rotterdam Au-thority, DIMCO is carrying out the detailed engineering, sheet piling and construction of the quay wall, while DEME is responsible for the dredging to a depth of -16.4 m.

Awards

In recognition of its efforts, DIMCO has won two prestigious awards.

An international jury awarded the annual ‘Beton-prijs’ award in the category ‘execution’ for a creative, useful and exceptional design made from concrete. The company also won the Schreuder study prize, which was given for innovative building techniques and a creative underground solution.

Artist impression new quay wall Offshore Terminal

Rotterdam, the Netherlands

Jetty new LNG terminal Dunkerque, France

DEME NV

DISS NV(INFRA HOLDING)

DIMCO* BV DIMCO NV

GEKA* CFE Infra Nl*

International

DIMCO(DEME INFRA MARINE CONTRACTORS)

Soil Tech NV (to be established)

EMW(Earth Moving Worldwide)

* GEKA and CFE Infra Nl merged in onecompany DIMCO BV for the Netherlands

A new business line

Having this infrastructure capability in-house follows demand from clients for integrated solutions. More and more clients prefer not to deal with several contractors (and hereby avoid interface management) but just a single contract party, as projects get increasingly complex. The trend is increasingly for EPC solutions.

In-house infra marine solutions

DIMCO will be involved in marine infrastructure/civil works projects that complement DEME’s activities. The company has a very large engineering and design de-partment, which can assist DEME clients. The new mari-ne infrastructure company employs around 150 people in Belgium and the Netherlands.

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Fluvial & Marine Resources

New treatment facility,Boulogne-sur-Mer, France

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DEME Building Materials (DBM) is DEME’s specialist subsidiary for dredging, transporting, processing (washing, crushing and grading) and supplying marine aggregates in the European market.

The aggregates originate from DEME’s various marine sand and gravel concessions and from 3rd party licences in Belgium, the Netherlands, France, Poland and the UK.

Thanks to an optimal combination of its marine sand and gravel resources, combined with a high production capacity both on- and offshore, DBM can offer a reliable and constant supply both in terms of quantity and quality.

Over the last decade, DBM has secured a reserve of over 300 million tonnes of marine aggregates containing sand and gravel up to 100 mm.

Demand continued in 2015

Despite the ongoing recession in the construction industry in Europe, 2015 was far from a quiet year for DBM. Some important projects in the Benelux were successfully completed. Furthermore the London construction market was again particularly strong and demand is expected to continue in 2016.

In the mid to long-term, DBM is expecting demand for marine aggregates to strengthen as tougher European environmental laws impact both traditional quarries and river dredging activities. With strong future demand expected, DEME will bring extra capacity into its fleet of sand and gravel trailers to further strengthen its position as one of the major aggregate dredging companies in Europe.

New processing installation in Boulogne-sur-Mer, France

DBM has marine aggregate processing installations and distribution facilities in Belgium (Ostend) and the Netherlands (Flushing and Amsterdam). Additionally in France, DBM in partnership with Carrières du Boulonnais, constructed a new treatment facility in Boulogne-sur-Mer.

The new processing installation is unique as it uses only dry screening and crushing technology for the production of calibrated sand and gravel from the dredged marine aggregates. This technique is both cost and energy-efficient and environmentally friendly.

Activity overview

DBM experienced full occupancy of its two state-of-the-art gravel trailers ‘Charlemagne’ and ‘Victor Horta’.

In Belgium, DBM sold some several hundred thousand tonnes to the local construction market from its own facility in Ostend. A major project in 2015 was the delivery of marine aggregates for the construction of the new sea lock, ‘Kieldrechtsluis’ in the Port of Antwerp which is the largest sea lock in the world. Over a 2-year period, DBM supplied some 1.3 million tonnes of sand and gravel for the production of concrete for this megastructure.

In the Netherlands, DBM supplied very coarse gravel for scour protection works on the Dutch part of the river Scheldt, which was executed by de Vries en van de Wiel, another DEME subsidiary.

The long-term supply contract with Eurovia in France for deliveries in Dieppe and Le Havre marked the south-western limit of DBM’s activities in 2015. The north-eastern limit was formed by the regular supplies into Gdansk in Poland where both the ‘Charlemagne’ and the ‘Victor Horta’ carried out several supply campaigns.

With an increase of more than 25% compared to 2014, DBM further confirmed its role as a reliable supplier of marine sand and gravel for the construction market in the UK.

DEME Building Materials

Fluvial & Marine Resources

‘Victor Horta’ delivers a cargo at Brett-Aggregates, London, UK

‘Victor Horta’ delivers a cargo at Brett-Aggregates, London, UK

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OceanflORE is a 50/50 JV between IHC Merwe-de and DEME focusing on valuable offshore contract mining solutions. The company brings ground-breaking and innovative solutions to ocean floor harvesting, which are efficient, cost effective and sustainable and always focus on the environment.

In 2015, OceanflORE conducted research and de-sign work with regard to excavation of the depo-sits, vertical transport to the surface, power supply and on board processing.

OceanflORE has been engaged in direct discussions with mining groups and government bodies to ex-plore synergies for the exploitation of iron sands, diamonds, seafloor massive sulphides (SMS), man-ganese nodules and other rare earth minerals.

OCEANFLORE

Fluvial & Marine Resources

Deep sea harvesting of manganese nodules

Processing installation Boulogne-sur-Mer, France

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Concessions

Coentunnel , Amsterdamthe Netherlands

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DEME Concessions aims to provide resources including venture capital and project-specific knowledge to realise DEME’s marine activities, by supporting the various companies in the Group.

For example, in the context of public infrastructure, DEME Concessions contributes to the successful procurement and financing of Design, Build, Finance and Maintain (DBFM) contracts. These are increasingly in demand in the public sector, enabling essential infrastructure projects to go ahead although only limited public funds are available.

DEME Concessions gets involved as early as possible, contributing to the successful structuring and financing of the developments it participates in. DEME Concessions’ investment in any project is always linked to DEME’s scope of work in the project.

The investment runs from the early development phase, up until the operational phase of the project. DEME Concessions places a great deal of emphasis on transparency with its partners.

“Essential infrastructure projects can go ahead although only

limited public funds are available.”

DEME Concessions focuses on three major sectors:

• Infrastructure (dredging & marine infra)

• Renewables (wind, wave & tidal)

• Marine Resources (sand, cravel & minerals)

A partnering philosophy

Infrastructure (dredging & marine infra)

Coentunnel

DEME Concessions holds a participation in the second Coentunnel project in Amsterdam, which was succes-sfully realised in 2014 and has entered its operating phase. DEME is involved in the maintenance for the next 24 years.

Zuiderzeehaven

Zuiderzee Harbour, in the Netherlands, was realised under a PPP agreement. The scope included the technical realisation and construction of the harbour,

the construction of the site and infrastructure, as well as access roads, the sale of the developed areas, the management and maintenance for a period of 15 years.

Congo River

In the Democratic Republic of Congo, a PPP agreement has been signed with the Congolaise des Voies Mar-times for a 10-year dredging concession on the Congo River, whereby DEME has to dredge to 26 feet (7.9 m) to keep the river accessible to traffic all year round.

DEME Concessions

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OFFSHORE WIND

C-Power

Power@Sea (a JV of DEME and SRIWE/SOCOFE) is one of the founding partners of the first Belgian offshore wind farm C-Power. C-power (325MW) was delivered in 2013-2014. Production levels are in line with the budget. Power@Sea specialises in providing support for en-vironmental permitting, procurement procedures, as-sistance with regulation, tendering, construction, dis-tribution, operation and life cycle maintenance.

Rentel – SeaStar - Mermaid

Together with the other shareholders of OTARY, DEME holds a participation in three further concessions for offshore wind farms in Belgium: Rentel, SeaStar and Mermaid.

Rentel, which has a 294MW capacity, is set to complete its project financing by summer 2016.

Merkur Offshore Wind Farm

DEME Concessions Wind has a stake in the 400MW Merkur Offshore Wind Farm, in the German part of the North Sea. Financial close is expected to be realised in the second half of 2016.

WAVE & TIDAL

DEME Blue Energy (DBE) focuses mainly on the develop-ment of tidal and wave energy projects and is involved in pioneering projects in Scotland and Ireland. Again, DEME Concessions gets involved as early as possible to ensure the success of the projects.

DBE (70% DEME & 30% ParticipatieMaatschappij Vlaanderen) closely cooperates with academic centres of knowledge and strategic industry partners to further enhance its position in the emerging ocean energy market.

In Scotland and Ireland DBE in a 50/50 JV with NUH-MA, (DEME’s partner in C-Power and OTARY), owns two concessions for tidal energy together with a local part-ner: West Islay Tidal Energy Park (WITEP) and Fair Head Tidal Energy Park (FHTEP).

Renewables

DEME Concessions

Major break-through in tidal energy sector

DEME realised successful tests of a jack-up platform in extreme current flows to prove its workability and reliability. The campaign was held in French Raz Blanchard during the Autumnal Equinox (extreme tidal currents) of September 2015.

The in-house developed tests were the practical implementation of a two-year study analysing and mapping the behaviour of jack-up platforms in extreme tidal current areas. The campaign validated and calibrated DEME’s operating model with a successful result: even in sea areas with extreme flows and great depth, jack-ups are able to position properly and to operate safely.Tidal tests, France

C-power offshore wind farmBelgium

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Second Exploration Campaign

After GSR’s initial expedition in 2014, a second survey campaign in 2015 was dedicated to a high-resolution study of three smaller areas, based on information collected during the previous campaign and historical data.

A high-resolution geophysical survey of the seabed was executed and samples were collected to study biologi-cal and geological conditions of the deep sea environ-ment.

The main objectives of this expedition were to retrieve soil parameters for the design of a collector vehicle, to locate and quantify nodules in those three areas, and develop the environmental baseline study.

In 2015, WWF published its Energy Report stating that we could get all the energy we need from renewable sources by 2050. This will solve most of the problems of climate change and dwindling fossil fuel resources.

However, decreasing the world’s dependence on fossil fuel, increases our dependence on minerals as renewa-ble energy infrastructure requires multiple double the amount of minerals for the same amount of energy production. Furthermore, world population is growing faster than at any time in history. Mineral consumption is explo-ding as the global standard of living increases.

DEME’s subsidiary Global Sea Mineral Resources (GSR), in collaboration with all stakeholders, is looking at ways in which seabed minerals can contribute to the sustainable development of our world.

Drivers for harvesting of seabed minerals & metals

GRAVEL AND SAND CONCESSIONS OF DBM

Together with its subsidiary DEME Building Materials, DEME continues to invest in new and existing nearshore concessions for sand and gravel, of up to 100 m depth.

DBM has built up a strong position in many countries based on long-term relationships and agreements with major European industrial partners.

See Fluvial and Marine Resources on pages 116-117.

MINERAL CONCESSIONS OF GSR

Global Sea Mineral Resources (GSR) NV is a subsidiary of DEME focused on the development of a sustaina-ble marine harvesting industry. On the 14th of January 2013, the International Seabed Authority and GSR sig-ned a 15-year contract for prospecting and exploration for polymetallic nodules.

Under the contract, GSR has exclusive rights for ex-ploration over 76,728 square kilometers of seabed in the eastern part of the Clarion Clipperton Zone (CCZ) of the Central Pacific Ocean.

Marine Resources

DEME Concessions

Geotechnical measurement of the upper soft soil of the deep sea bed

Deployment of the autonomous underwater vehicle during GSR’s exploration campaign

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DEME Fleet & Offices

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Trailing Suction Hopper Dredgers

DP/DT Congo River 30,190 m3

DP/DT Pearl River 24,130 m3

DP/DT Nile River 17,000 m3

DP2 Bonny River*,DF 15,016 m3

DP/DT Lange Wapper 13,700 m3

DP/DT Uilenspiegel 13,700 m3

DP/DT Breughel 11,796 m3

DP/DT Brabo 11,650 m3

DP/DT Breydel 11,296 m3

Antigoon 8,460 m3

DP/DT Scheldt River*,DF 7950/8400 m3

Artevelde 5,580 m3

Marieke 5,600 m3

Reynaert 5,580 m3

Pallieter 5,320 m3

Charlemagne 5,000 m3

Victor Horta 5,136 m3

Atlantico Due 4,164 m3

Mellina 3,309 m3

Minerva*,DF 3000/3500 m3

Orwell 2,575 m3

Cutter Suction Dredgers

D’Artagnan 28,200 kW**

Ambiorix 28,200 kW**

Al Jarraf*** 12,860 kW

Amazone 12,860 kW

Vlaanderen XIX 11,728 kW

Al Mahaar*** 11,224 kW

Rubens 10,896 kW

Ganga 6,250 kW

Cap Martin 5,541 kW

Vlaanderen XVI 1,786 kW

Seçkin 1,180 kW

Mudsnapper 580 kW

Pixy 465 kW

Backhoe Dredgers

Samson 4,124 kW

Pinocchio 2,416 kW

Peter the Great 1,964 kW

Delilah 856 kW

Zenne 805 kW

Bucket Ladder Dredgers

Adriatico 900 l

Bayard 330 l

Belgica 175 l

Self-Propelled Split Hoppers

DI 68 & DI 69

Krankeloon

Pantagruele

Sloeber & Pagadder

Vlaanderen VII & VIII

Water Injection Dredgers

Parakeet 2 x 6,207 m3/h

Dhamra 2 x 6,000 m3/h

Dredging Ploughs

Aramis & Buckingham

Parakeet

Dhamra

Spreader & Multipurpose Pontoons

DP/DT Bayard II

Adriatico

DP/DT Thornton 1

De Otter

Mattedoor

Inland/River Dredgers

New TSHD 1,500 m³

TSHD Piet Hein 1,050 m3

TSHD Zeeland 650 m3

CSD Ameland 679 kW

3 hopper dredgers:

Grinza 2, 6 and 7 540-750 m3

Barge unloading dredgers:

Texel 1,193 kW

Vlieland 679 kW

Backhoe dredgers:

IJburg 5 m3

VW9, VW47, VW55, VW56 1,5-3 m3

DEME’s Fleet

Dredging Equipment

Offshore Equipment

Environmental Technology

Offshore Jack-up VesselsDP2 Innovation 8,000 t (crane) 1,500 t

DP2 Apollo* 4,500 t (crane) 800 t

DP1 Thor 2,600 t (crane) 500 t

DP2 Neptune 1,600 t (crane) 600 t

DP2 Goliath 1,400 t (crane) 400 t

Jack-up PlatformsBuzzard 1,300 tVagant 1,000 tDe Zeebouwer 600 tHalewijn 220 tTijl II 200 t

Fall Pipe VesselsDP2 Flintstone 20,000 tDP2 Seahorse 18,000 tDP2 Rollingstone 11,500 t

Cable Installation & Multipurpose Vessel

DP3 Living Stone*,DF Cable Installation 10,000 t

Rock Placement 12,000 t

Heavy Lifting EquipmentGULLIVER*** * 4,000 tRAMBIZ*** 3,300 t

Offshore Maintenance & Service VesselsAquata 25 ktsArista 25 kts

Offshore PontoonsBremen 10,000 tWismar 10,000 tStralsund 10,000 t

Fixed Sediment Recycling Centres

SRC Ruisbroek

SRC Zeebrugge

SRC Krankeloon

SCR Desteldonk

SRC Zolder

The Sedisol Centre***

Fasiver

Fixed Soil Recycling Centres

GRC Kallo***

GRC Bruges***

GRC Zolder***

Petit Try

Filterres***

Cetraval

Extract-Ecoterres***

Mobile Sediment & Sludge Plants

Mobile filter presses

Mobile immobilisation plant

Soft soil improvement plant

Mobile Soil Treatment Plants

Mobile Thermal Desorption Plant

Mobile soil washing plant ‘SWI I’

Mobile soil washing plant ‘SWI II’

Mobile soil washing plant ‘SWI III’

Mobile soil washing plant ‘SWI IV’

Mobile immobilisation plant

Fixed Recycling Centres

‘t Oost

Oostwaardhoeve

MeerGrond

* under construction ** incl. D.R.A.C.U.L.A. ® power *** co-ownership DF: Dual Fuel Main Engines (LNG)

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ABU DHABI

DREDGING INTERNATIONAL NVBRANCH ABU DHABI13th Floor, Unit 1303

Corniche Tower, RAK Bank Building

Abu Dhabi, United Arab Emirates

P.O. Box 53804

T +971 2 622 7662 - F +971 2 622 7580

[email protected]

www.deme-group.com

MIDDLE EAST DREDGING COMPANY QSC BRANCH ABU DHABI 13th Floor, Unit 1304

Corniche Tower, RAK Bank Building

Abu Dhabi, United Arab Emirates

P.O. Box 53140

T +971 2 622 7664 F +971 2 622 7581

[email protected]

www.medcodredging.com

ANGOLADRAGAGEM ANGOLA SERVIÇOS LDALargo do Cambambe #2, Cruzeiro, Luanda

T +244 222 442 290 - F +244 222 440 222

[email protected]

www.deme-group.com

AUSTRALIADREDGING INTERNATIONAL branch AUSTRALIALevel 118 Clunies Road Ross Court

Brisbane Technology Park

Eight Mile Plains, Brisbane, Queensland 4113

[email protected]

www.deme-group.com

GEOSEA AUSTRALIA PTY LTDLevel 118 Clunies Road Ross Court

Brisbane Technology Park

Eight Mile Plains, Brisbane, Queensland 4113

[email protected]

www.deme-group.com

TIDEWAY BV BRANCH AUSTRALIALevel 118 Clunies Road Ross Court

Brisbane Technology Park

Eight Mile Plains, Brisbane, Queensland 4113

[email protected]

www.deme-group.com

BAHRAINDREDGING INTERNATIONAL NV

BRANCH BAHRAINDream Building 49, Flat 45, Road 2701, Block 327, Adliya

T +973 1 7714361 - F +973 1 7714391

[email protected]

www.deme-group.com

BELGIUMDEME NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

www.deme-group.com

DREDGING INTERNATIONAL NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

www.deme-group.com/dredging

BAGGERWERKEN DECLOEDT & ZOON NVSlijkensesteenweg 2, 8400 Oostende

T +32 59 24 21 40 - F +32 59 24 21 80

[email protected]

www.deme-group.com/bdc

SCALDIS SALVAGE & MARINE CONTRACTORS NVNorth Trade Building,

Noorderlaan 133, bus 31, 2030 Antwerpen

T +32 3 541 69 55 - F +32 3 541 81 93

[email protected]

www.scaldis-smc.com

DEME ENVIRONMENTAL CONTRACTORS NV (DEC)Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 54 11 - F +32 3 250 52 53

[email protected]

www.deme-group.com/dec

ECOTERRES SAAvenue Jean Mermoz 3c, 6041 Gosselies

T +32 3 250 54 11 - F +32 3 250 52 53

[email protected]

www.deme-group.com

ECOTERRES HOLDING SAAvenue Jean Mermoz 3c,

6041 Gosselies

T +32 3 250 54 11 - F +32 3 250 52 53

[email protected]

www.deme-group.com

DEME BUILDING MATERIALS NV (DBM)Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 54 23 - F +32 3 250 55 22

[email protected]

www.deme-group.com/dbm

GEOSEA NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 53 12 - F +32 3 250 55 41

[email protected]

www.deme-group.com/geosea

POWER@SEA NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 57 29

[email protected]

www.poweratsea.com

POWER@SEA THORNTON NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

[email protected]

www.poweratsea.com

DEME COORDINATION CENTER NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 54 14 - F +32 3 250 56 57

[email protected]

www.deme-group.com

GROND RECYCLAGE CENTRUM NV

(GRC KALLO)Haven 1562, St. Jansweg 10, 9130 Kallo

T +32 3 570 90 30 - F +32 3 570 90 39

[email protected]

www.grckallo.be

GRC ZOLDER NVWestlaan 262, 3550 Heusden-Zolder

T +32 13 31 50 06 - F +32 13 31 50 07

[email protected]

www.grczolder.be

SILVAMO NVKwadestraat 151A, bus 31/32, 8800 Roeselare

T +32 51 23 20 90 - F +32 51 23 20 99

[email protected]

OWA NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 53 12 - F +32 3 250 55 41

[email protected]

www.deme-group.com/owa

BLUEPOWER NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

C-POWER NV

Buskruitstraat 1, 8400 Oostende

T +32 59 79 79 80 - F +32 59 79 79 88

[email protected]

www.c-power.be

DEME’s Offices Worldwide

C-POWER HOLDCO NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

DEME CONCESSIONS NV

Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

www.deme-group.com

OTARY RS NVSlijkensesteenweg 2, 8400 Oostende

T +32 3 250 55 51

[email protected]

RENEWABLE ENERGY BASE OSTEND NV (REBO)

Slijkensesteenweg 2, 8400 Oostende

www.reboostende.be

RENTEL NVSlijkensesteenweg 2, 8400 Oostende

SEASTAR NVSlijkensesteenweg 2, 8400 Oostende

KALIS SAAvenue Jean Mermoz 3c, 6041 Gosselies

T +32 81 22 31 69 - F +32 81 22 32 02

info.kalis@ deme-group.com

www.deme-group.com

SEDISOL SARue Francisco Ferrer 245, 6240 Farciennes

T +32 71 39 09 39 - F +32 71 39 27 29

[email protected]

DEME BLUE ENERGY NV (DBE)Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

www.deme-group.com

PURAZUR NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 253 30 11 - F +32 3 250 52 53

[email protected]

www.deme-group.com

COMBINED MARINE TERMINAL OPERATIONS WORLDWIDE NV (CTOW)Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

www.ctow.be

TERRANOVA NVCallemanputtestraat 84, Haven 6660A, 9940 Evergem

T +32 9 250 56 80 - F +32 9 259 23 66

TERRANOVA SOLAR NVLaageind 91,

2940 Stabroek

T +32 9 259 23 69

[email protected]

www.terranovasolar.be

EVERSEA NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 53 12 – F +32 3 250 55 41

[email protected]

www.deme-group.com/eversea

HIGH WIND NVHaven 1025, Scheldedijk 30, 2070 Zwijndrecht

T +32 3 250 53 12 - F +32 3 250 55 41

[email protected]

GLOBAL SEA MINERAL RESOURCES NVScheldedijk 30, haven 1025

2070 Scheldedij, Belgium

DIMCO NVHaven 1025 – Scheldedijk 30

2070 Zwijndrecht, Belgium BE

T +32 3 250 52 11 - F +32 3 250 56 50

[email protected]

deme-group.com/dimco/

BRAZIL

DRAGABRAS SERVIÇOS DE DRAGAGEM LTDAAv. Almirante Barroso 63 – Sala 2309,

Rio de Janeiro-RJ,Brasil

CEP 20031-003

T +55 21 22 92 83 40 - F +55 21 22 92 83 42

[email protected]

www.deme-group.com

TIDEWAY BV REPRESENTATIVE OFFICE BRASIL Av. Almirante Barroso 63 – Sala 2309,

Rio de Janeiro-RJ, Brasil

CEP 20031-003

T +55 21 22 92 83 40 - F +55 21 22 92 83 42

[email protected]

www.deme-group.com/tideway

CHINA

DREDGING INTERNATIONALMANAGEMENT CONSULTING(SHANGHAI) LTD

Room 6101,

No. 210, Shiji Avenue,

Pudong New District,

Shanghai

T +86 21 5172 0927 - F +86 21 5172 0966

[email protected]

www.deme-group.com

CYPRUS

DREDGING INTERNATIONALSERVICES CYPRUS LTD15, Aglantzias Avenue

2nd Floor, Office 202, CY-2018 Nicosia

DREDGING INTERNATIONAL CYPRUS LTD15, Aglantzias Avenue

2nd Floor, Office 202, CY-2018 Nicosia

CONGO

DREDGING INTERNATIONAL S.A. SUCCURSALE DRCImmeuble Les Palmiers

16, Avenue Lukusa, Kinshasa-Gombe

République Démocratique du Congo

T +243 811 787 819

[email protected]

www.deme-group.com

DUBAI

DREDGING INTERNATIONAL NVBRANCH DUBAIZainal Mohebi Plaza

2nd floor, office 216, Karama

P.O. BOX 25569

Dubai – United Arab Emirates

T +971.4.3975650 - F +971.4.3975855

[email protected]

www.deme-group.com

FINLAND

DREDGING INTERNATIONAL NVBRANCH FINLANDUnioninkatu 22, 00130 Helsinki

T +358 9 612 3165 - F +358 9 612 3165

[email protected]

www.deme-group.com

FRANCE

SOCIETE DE DRAGAGE INTERNATIONAL SA (SDI)Parc du Pont Royal, 251 Avenue du Bois,

Bâtiment I, 59130 Lambersart

T +33 3 20 10 87 30 - F +33 3 20 34 77 08

[email protected]

www.deme-group.com

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CBD SASRue Louis le Sénéchal, 62250 Ferques

T +33 3 21 99 67 84 - F +33 3 21 99 67 10

[email protected]

www.deme-group.com/dbm

EXTRACT-ECOTERRES SA87 rue Paul Bert, 94290 Villeneuve-le-Roi

T +33 1 49 61 90 00 - F +33 1 49 61 98 31

[email protected]

www.extract-ecoterres.fr

GERMANY

NORDSEE NASSBAGGER - UNDTIEFBAU GMBHAnne-Conway-Strasse 6, 28359 Bremen

T +49 421 33 00 59 0

[email protected]

www.deme-group.com

OAM-DEME MINERALIEN GMBHPapenwisch 33, 22927 Großhansdorf

[email protected]

www.oam-deme.eu

GEOSEA NVBRANCH GERMANYAnne-Conway-Strasse 6, 28359 Bremen

T +49 421 33 00 59 0

[email protected]

www.deme-group.com

INFRASEA SOLUTIONS GMBH & CO. KGAnne-Conway-Strasse 6, 28359 Bremen

T +49 421 33 00 59 0

[email protected]

www.deme-group.com

GHANADREDGING INTERNATIONAL BRANCH GHANAN°. 2, Ankuah Mensah Street,

Dzorwulu, Accra

T +233 30 2 766 131 - F +233 30 2 766 132

[email protected]

www.deme-group.com

HONG KONGDREDGING INTERNATIONAL NVBRANCH HONG KONGLevel 21, The Center, 99 Queen’s Road Central

T +852 2805 2326 - F +852 2805 2927

[email protected]

www.deme-group.com

FAR EAST DREDGING LTD (FED)Level 21, The Center, 99 Queen’s Road Central

T +852 2805 2326 - F +852 2805 2927

[email protected]

www.deme-group.com

INDIAINTERNATIONAL SEAPORT DREDGING PVT LTD (ISD)5th Floor Challam Towers, New N°113,

Dr Radhakrishnan Salai, Chennai 600 004,

Tamil Nadu

T +91 44 43239900 - F +91 44 43129901

[email protected]

DREDGING INTERNATIONAL INDIA PVT LTDE-13, Upper Ground Floor,

Hauz Khas Market,

New Delhi 110 016

T +91 11 41 06 95 23 - F +91 11 26 51 21 64

[email protected]

www.deme-group.com

INDONESIA

DREDGING INTERNATIONAL ASIA PACIFIC - REPRESENTATIVE OFFICE INDONESIAMenara BCA Grand Indonesia, 45th Floor

Jl. MH. Thamrin No. 1

Jakarta 10310

INDONESIA

T +62 21 2358 5771 - F + 62 21 2358 4401

[email protected]

www.deme-group.com

ITALYSOCIETA ITALIANA DRAGAGGI SPA (SIDRA)Via Carlo Zucchi 25,

00165 Roma

T +39 06 66 04 951 - F +39 06 66 04 95 49

[email protected]

www.deme-group.com/sidra

DEME ENVIRONMENTAL CONTRACTORS NV BRANCH ITALYVia Carlo Zucchi 25, 00165 Roma

T +39 06 66 04 951 - F +39 06 66 04 95 49

[email protected]

www.deme-group.com/dec

LATVIADREDGING INTERNATIONAL NV(BRANCH LATVIA)Kr. Valdemara street 21, c/o PwC, 1010 Riga

[email protected]

www.deme-group.com

LUXEMBOURGDREDGING INTERNATIONAL LUXEMBOURG SABâtiment Alto, Route des Trois Cantons 11,

L-8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

[email protected]

www.deme-group.com

GEOSEA LUXEMBOURG SABâtiment Alto,

Route des Trois Cantons 11,

L-8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

[email protected]

www.deme-group.com/geosea

TIDEWAY LUXEMBOURG SABâtiment Alto,

Route des Trois Cantons 11,

8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

[email protected]

www.deme-group.com/tideway

NORMALUX MARITIME SABâtiment Alto,

Route des Trois Cantons 11,

8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

MARITIME SERVICES & SOLUTIONS SABâtiment Alto,

Route des Trois Cantons 11,

8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

SOCIETE DE DRAGAGE LUXEMBOURG SABâtiment Alto,

Route des Trois Cantons 11,

8399 Windhof

T +352 26 39 30 55 - F +352 26 39 30 56

MALAYSIADREDGING INTERNATIONALMALAYSIA SDN BHDLevel 33, Ilham Tower, No. 8, Jalan Binjai

50450 Kuala Lumpur, Malaysia

T +60 3 21 17 53 68 - F +60 3 21 17 53 69

[email protected]

www.deme-group.com

MEXICODREDGING INTERNATIONAL MÉXICO SA DE CVCalle Montecito N° 38, Piso 33, Oficina 27,

Col. Nápoles, CP 03810, México, Distrito Federal,

Mexico

T +52 55 9000 75 00 (Ext.400)

F +52 55 9000 52 92 (Ext.302)

[email protected]

www.deme-group.com

TIDEWAY BVREPRESENTATIVE OFFICE MEXICOCalle Montecito N° 38, Piso 33, Oficina 27,

Col. Nápoles, CP 03810, México, Distrito Federal,

Mexico

T +52 55 9000 75 00 (Ext.400)

F +52 55 9000 52 92 (Ext.302)

[email protected]

www.deme-group.com/tideway

MOZAMBIQUEDRAGAMOZ LDAAvenida 24 de Julho 370, 3 Andar Dereita,

Caixa Postal 96, Maputo,

Mozambique

T +258 21 49 47 56 - F +258 21 49 84 13

[email protected]

www.deme-group.com

THE NETHERLANDSTIDEWAY BVMinervum 7442, 4817 ZG Breda,

P.O. Box 7074, 4800 GB Breda

T +31 76 52 04 140 - F +31 76 52 04 150

[email protected]

www.deme-group.com/tideway

DE VRIES & VAN DE WIEL BVToetsenbordweg 11

1033 MZ Amsterdam

Postbus 37728

1033 BG Amsterdam

[email protected]

www.deme-group.com

DEME BUILDING MATERIALS BVEuropaweg-Zuid 4,

Havennr 9890, 4389 PD Vlissingen-Oost,

P.O. Box 117,

4380 AC Vlissingen

T +31 113 67 66 00 - F +31 113 67 66 01

[email protected]

www.deme-group.com/dbm

OCEANFLORE BVSmitweg 6, 2961 AW Kinderdijk,

P.O. Box 9, 2960 AA Kinderdijk

T +31 786 91 09 11

[email protected]

www.oceanflore.com

DIMCO BV Kilkade 4 Postbus 138

3316 BC Dordrecht

T +31 78 652 48 52

F +31 78 652 48 52

[email protected]

http://deme-group.com/dimco

NIGERIADREDGING INTERNATIONALNIGERIA LTD (PORT HARCOURT)1 Kolokuma Street, Borikiri, Port Harcourt, P.M.B.054

M +234 813 950 16 84 - F +234 84 232 997

[email protected]

www.deme-group.com

DREDGING INTERNATIONALNIGERIA LTD (LAGOS)35A Alfred Rewane Road, Falomo Ikoyi, Lagos,

P.O. Box 54955

T +234 1463 08 98/99 - F +234 1463 08 97

[email protected]

www.deme-group.com

PANAMADREDGING INTERNATIONAL DE PANAMÁ SATorre V - Piso 6, Oficina 6H,

Costa del Este Business Park,

Avenida de la Rotonda,

Costa del Este, Panamá, República de Panamá

T +507 3948156

[email protected]

www.deme-group.com

POLANDB-WIND POLSKA SP. Z.O.O.Ul. K. Pulaskiego 8, 81-368 Gdynia

T +48 58 677 25 01

[email protected]

C-WIND POLSKA SP. Z.O.O.Ul. K. Pulaskiego 8, 81-368 Gdynia

T +48 58 677 25 01

[email protected]

PORTUGALDREDGING INTERNATIONAL PORTUGAL SUCURSALRua Buenos Aires, 39

1200 623 Lisboa, Portugal

T +351 21 39 28 840 - F +351 21 39 56 739

[email protected]

www.deme-group.com

QATARMIDDLE EAST DREDGING COMPANY QSC (MEDCO)Al Fardan Plaza Building, 4th Floor,

Al Fardan Plaza,

Al Sadd, Doha, Qatar,

P.O. Box 24745, Doha

T +974 4442 67 62 - F +974 4442 67 52

[email protected]

RUSSIAMORDRAGA LLCBoutique Office Center Passage/Italyanskaya, 17

Italyanskaya st. 17, lit. A

191186, Saint Petersburg

Russian Federation

+7 812 703 51 00

TIDEWAY BVREPRESENTATIVE OFFICE RUSSIANauchniy proezd 19 Office 501,

117246 Moscow

T +7 495 730 09 83 - F +7 495 730 09 83

[email protected]

www.deme-group.com/tideway

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136

KINGDOM OF SAUDIARABIA

DREDGING INTERNATIONAL SAUDI ARABIA LTD.Abdulla Fouad Towers, Raka.

Dammam – Khobar Highway

Al Khobar 31411

PO box 257

T+966 3 8141414 - F +966 3 8102100

[email protected]

www.deme-group.com

SINGAPOREDREDGING INTERNATIONAL ASIA PACIFICPTE LTD (DIAP)10 Kallang Avenue

#09-11 Aperta Tower 2

Singapore 339510

T +65 68 63 21 08 - F +65 68 63 11 08

[email protected]

www.deme-group.com

TIDEWAY BVREPRESENTATIVE OFFICE SINGAPORE10 Kallang Avenue

#09-11 Aperta Tower 2

Singapore 339510

T +65 68 63 21 08 - F +65 68 63 11 08

[email protected]

www.deme-group.com/tideway

SPAINDREDGING INTERNATIONAL NV SUCURSAL EN ESPAÑAPaseo de la Castellana 141 - Oficina 410

28046 Madrid, España

T +34 9 15726481

[email protected]

www.deme-group.com

DREDGING INTERNATIONAL ESPAÑA, SAPaseo de la Castellana 141 - Oficina 410

28046 Madrid, España

T +34 9 15726481

[email protected]

www.deme-group.com

BAGGERWERKEN DECLOEDT & ZN ESPAÑA, SAPaseo de la Castellana 141 - Oficina 410

28046 Madrid, España

T +34 9 15726481

[email protected]

www.deme-group.com

SWEDENDEME ENVIRONMENTAL CONTRACTORS NV BRANCH SWEDENTerminalgatan 8, 235 39 Vellinge

T +46 40 45 16 27 - F +46 40 45 48 24

[email protected]

www.deme-group.com/dec

TAIWANDREDGING INTERNATIONAL NVBRANCH TAIWAN4th Floor, N°. 3, Lane 51, Section 1 - Da’An Road,

Da’An District, Tapei City 106

T +886 2 27 811 518 - F +887 2 27 760 082

[email protected]

www.deme-group.com

UKRAINEDREDGING INTERNATIONAL UKRAINE LLCUl. Otamana Golovatogo, 37,

Office 501, Odessa,

65003, Ukraine

Mob. +7 921 948 82 38

[email protected]

www.deme-group.com

UNITED KINGDOMNEWWAVES SOLUTIONS LTDSuite 37, Beaufort Court

Admirals Way, London, E14 9XL

T +44 20 7531 1904

[email protected]

www.deme-group.com

DEME BUILDING MATERIALS LTDGate 3, The Manorway

Stanford Le Hope

5517 9PA Essex

DEME ENVIRONMENTAL CONTRACTORS NV BRANCH UK Suite 37, Beaufort Court

Admirals Way, London, E14 9XL

[email protected]

www.deme-group.com/dec

UNITED STATES OF AMERICAMARINE CONSTRUCTION AND SOLUTIONS LLC22101 Grand Corner Drive #1206, Katy, Texas 77494

T/F +1 832 644 9702 - Mob. +1 832 217 8662

[email protected]

TIDEWAY BV (REPRESENTATIVE OFFICE USA)22101 Grand Corner Drive #1206, Katy, Texas 77494

T/F +1 832 644 9702 - Mob. +1 832 217 8662

[email protected]

www.deme-group.com/tideway

VIETNAMDREDGING INTERNATIONAL NVREPRESENTATIVE OFFICE VIETNAMSuite 1101, 11th Floor,

Eurowindow Multicomplex Building

N°. 27 Tran Duy Hung Street, Trung Hoa Ward

Cau Giay District, Hanoi, Vietnam

T +84 4 4450 3636 - F +84 4 4450 3637

[email protected]

www.deme-group.com

COLOFON

COMPLIED ANDCOORDINATED BY DEMEInternal & External Communication

FINAL EDITINGMarleen Vanhecke

DESIGN AND REALISATIONKA.AD

PRINTINGDrukkerij Lowyck

PHOTOSWe wish to thank all members of our personnel who provided us with pictures of the works. Special thanks to photographer Tom D’Haenens

Page 72: DEME: Creating land for the future

Haven 1025, Scheldedijk 30

2070 Zwijndrecht, Belgium

T +32 3 250 52 11

F +32 3 250 56 50

[email protected]

www.deme-group.com