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Dockwise Ltd. Announces Two New Contracts Awarded to Their Dockwise Shipping Subsidiary

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dockwise_mighty_servant_sm.jpg
Mighty Servant 1 is able to carry the heaviest semi-submersible drilling units, harsh environment deepwater jack-up rigs and large floating production platforms like TLPs, FPUs and Spars with drafts up to 14 metres. The specially strengthened open cargo deck –50 metres wide and 150 metres long– provides an unequalled footprint support for the heaviest types of cargoes

Bermuda, - Dockwise Ltd. announces that two new contracts have been awarded to their subsidiary Dockwise Shipping for the transportation of one of the largest semi submersible drilling rigs and various floating equipment.

Dockwise Shipping will transport the new build 6th generation semi submersible drilling rig Noble Dave Beard in 2009 as well as various floating docks and other equipment in 2008. The total value of the contracts is approximately USD 18 million.

All contracts will contribute to the aim of Dockwise Shipping to continuously employ its vessels at the highest possible utilization.

About Dockwise Ltd

Dockwise Ltd. has a workforce of more than 1200 people both offshore and onshore. The company is the leading marine contractor providing total transport services to the offshore, onshore and yachting industries as well as installation services of extremely heavy offshore platforms. The group is headquartered in Bermuda with amongst others operational offices in Breda, The Netherlands. The group's main commercial offices are located in The Netherlands, the United States, China, Korea, Australia and Nigeria. The Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale and has offices in France and Italy. The Dockwise Shipping network is supported by agents in Japan, Singapore, Spain, Argentina, Australia and Italy. For further information: www.dockwise.com