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VOSTA LMG receives contract from Namdeb Diamond Corporation



CSD550 and Booster Station will be delivered to dredge for diamonds

Recently leading engineering and contracting company in the global dredging industry VOSTA LMG received a contract for a CSD550, a booster station and critical spare parts from Namdeb Diamond Corporation in Namibia.

The cutter suction dredge and booster station are part of an investment plan of Namdeb into mining reserves in the northern part of their concession. The vessel will be used to dredge overburden overlaying course gravels, which contain the valuable diamonds. The maximum dredging depth will be 15 meters and the overburden will be discharged over a pipeline system with a length up to 2000 m.

VOSTA LMG is currently investigating which partner shipyard to use for this project; also suppliers for the hydraulic installation and other sub systems are being selected.

Dredge specifications are as follows:
Length overall : 51.8 m
Length over deck : 40 m
Width moulded : 8.5 m
Depth pontoon : 2.75 m
Max. dredging depth : 15 m
Installed power : 1299 kW
Cutter power : 175 kW
Pump power : 950 kW

The dredge will be equipped with a VOSTA SC10 cutting system and a spudcarrier system.

VOSTA LMG is planning to hand over the dredge in the summer of 2006. Not only will the complete dredge be supplied to Southern Africa, but also supervision of the assembly and commissioning on site in Namibia will be taken care of in partnership with ADP Projects. On top of that, an extensive training programme is included to train the operational crews of NAMDEB.

-End-

About Namdeb:

Namdeb Diamond Corporation (Pty) Limited is owned in equal shares by the Government of the Republic of Namibia and De Beers Centenary AG. Namdeb's predecessor, Consolidated Diamond Mines (CDM), was a wholly owned subsidiary of De Beers until 1994.

In the years since joint ownership took effect, Namdeb has continued to recover diamonds and generate employment for Namibian citizens. The revenue generated has played a central role in building the social and physical infrastructure of an independent Namibia. More info can be found on www.namdeb.com

About VOSTA LMG:

VOSTA LMG is a leading engineering and contracting company, serving the world-wide dredging industry. Apart from self propelled and stationary dredges, the company also markets various dredge component packages and offers engineering and contracting services. VOSTA LMG has five offices -one in Amsterdam, The Netherlands, one in Lübeck, Germany, two in China and one in USA. More information on projects and activities of VOSTA LMG Dredging Technology can be found on the website: www.vostalmg.com


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