Two of the world's largest dredgers in the Maldives

Jan 7, 2026, 12:41 PM
Graphics: Adhadhu

Graphics: Adhadhu

Two of the world's largest dredgers have been activated for land reclamation projects in the Maldives.

One of the dredgers is the Cristóbal Colón, operated by Jan De Nul of Belgium. The second one, Leiv Eiriksson, is also operated by the same company. The two dredgers are capable of carrying 78,000 tonnes of sand.

Cristóbal Colón is reclaiming land for Rasmale' at the Fushidhiggaru lagoon, while Leiv Eiriksson began work at the land reclamation site for Haa Alif Dhidhdhoo airport two days ago.

The costs for these dredgers are covered through the Maldives Airports Company Limited (MACL). The company set up two subsidiaries last year to carry out major land reclamation projects. They are Peninsular Infrastructure and Marine and Integrated Infrastructure Development.

MACL did not disclose the cost of hiring the dredgers. But information from various sources puts the figure at between USD 80,000 and USD 100,000 a day for each dredger.

Based on these figures, MACL would have to spend USD 160,000 (MVR 2.4 million) to charter two dredgers at the lowest price. That's USD 4.8 million (MVR 74 million) per month.

There are concerns over the lack of transparency surrounding the costs and the environmental impacts of land reclamation. Both the north and south of Male' atoll are experiencing murky waters because of ongoing projects in Rasmale' and Hulhumale' Phase 3.

In addition to these two dredgers, Prins der Nederlanden and Oranje from Boskalis of the Netherlands are also in the Maldives. The two dredgers are capable of carrying 40,000 tonnes of sand. Adhadhu understands that they will be used to reclaim Giraavarufalhu after completing the project in Hulhumale'.

Jun Yang 1 from China's CCCC Guangzhou Dredging Company, with the same carrying capacity as the Boskalis dredgers, is also in the Maldives. It is reclaiming sites in Rasmale' which were handed over to China Harbor Engineering Corporation (CHEC).

Comments

Read More

Latest News

Priority should be sale of assets to generate immediate liquidity

Former President Mohamed Nasheed urged the Maldives to prioritize selling assets for immediate liquidity rather than long-term projects like the $20 billion Rasmalé development. He argued the UAE-backed waterfront deal will not provide the urgent cash flow needed to resolve the nation's current financial crisis.

Police seek charges against six men for assaulting officers

Maldives Police are seeking charges against six men for assaulting officers during a drug search in Maafushi. Five suspects remain in custody, while one was released by the court. Authorities have also appealed the release of a seventh individual involved in the August incident.

No tax concessions for UAE developer in Rasmale' project

The Maldives government awarded the $20 billion Rasmalé project to UAE developer Eagle Hills without tax concessions or exemptions. All business activities will follow national tax laws, with payments processed through local banks. The state expects over $11 billion in revenue from sales fees and commercial revenue sharing.

No details on size and value of land given to Dubai company

The Maldives government signed a $20 billion deal with Dubai’s Eagle Hills to develop a massive integrated zone in Rasmalé. While the project promises 54,000 jobs and housing, officials have withheld specific details regarding the land size, valuation, and lease terms. The area is expected to operate as a special economic township.

Rasmale' investor to build 5,000 housing units in Hulhumale'

The Maldivian government has partnered with UAE-based Eagle Hills to build 5,000 housing units in Hulhumalé using a contractor financing model. This agreement follows a massive $20 billion deal for the firm to develop Rasmalé. The project will feature luxury residences and a world-class marina without impacting existing housing plans.

AMFA concludes first Junior Lifeguard Program

The Australia Maldives Friendship Association successfully completed its first Junior Lifeguard Program pilot in Thulusdhoo and Fuvahmulah. The initiative trained youth in water safety and rescue skills to enhance maritime security. AMFA plans to expand the program across the Maldives by 2027 through partnerships with local councils.

Project to build international bowling arena in Hulhumale'

A private company has been awarded a MVR 20 million project to build the Maldives' first international-standard bowling arena in Hulhumale'. The two-story facility aims to host global competitions, though the direct award process lacks an official statement. This project is part of a broader plan to develop world-class sports infrastructure.

Newsletter

Get the latest news delivered straight to your inbox