The Dutch dredging company said the contract was awarded by Panama Ports Company SA, a member of the Hutchison Port Holding Group of Hong Kong.
The work includes the construction of additional port area, a retaining rock dike and a link structure to the existing berths 16 and 17.
Boskalis will deploy its American trailing suction hopper 'Stuyvesant', a large backhoe and a few transport barges for the job. The civil works will be executed by the Panamanian partner Intercoastal Marine Inc.
The project relates to the growing container transport through the Panama Canal, which will be deepened and expanded with additional sets of 'Post-Panamax-Locks' in coming years.