Jan De Nul wins dredging contract for the Martín García Channel

The binational Administrative Commission of the River Plate (CARP) awarded the contract for dredging, maintenance, widening and potential improvement works on the Martín García Channel to Belgian-Luxembourgish dredging group Jan De Nul. Its bid of USD 65,994,000 was well below that of fellow European competitor Boskalis International Uruguay S.A. (USD 149,279,315).

The contract, reported on 4 August 2026, runs for five years with an option to extend for a further five. The channel stretches about 106.5 km from km 39 of the Río de la Plata common zone channel to km 0 of the Uruguay River and is a key trade route between Argentina and Uruguay. Jan De Nul had already been reported as the best bidder in early July 2026 (dredgingtoday, 2 July 2026). Notably, both bidders named in the procedure were European dredging groups.