On 19th April 2011. Uljanik shipyard delivered the third of four Self-Propelled Cutter Section Dredgers, named „Fernao de Magalhaes“, to the Luxembourg company Jan De Nul Luxembourg S.A. Capellan G.D. Luxembourg forming part of the Jan De Nul Group.

As a reminder, the first dredger «Ibn Battuta» was delivered to the same buyer at the end of May while the second one, named „Zheng He“, delivered in October of last year. The fourth dredger, yard 485, is presently in the outfitting phase and will be delivered during the course of this year.