SOURCE: Dockwise Ltd.

January 21, 2008 11:32 ET

Dockwise Ltd. subsidiary Dockwise Transport N.V. appoints Rob Strijland as Chief Operating Officer

Company hires heavyweight operations professional to join executive team

HAMILTON, BERMUDA--(Marketwire - January 21, 2008) - Bermuda, 18 January 2008. Dockwise Ltd. announces that its subsidiary Dockwise Transport N.V., one of the worlds leading integrated heavy marine transport companies, has appointed Mr. Rob Strijland as its Chief Operating Officer with effect as of 1 March 2008.

Rob Strijland (59) will be responsible for those disciplines involved in the execution of transports and projects , including Fleet Supervision, Quality & Safety, Health and Environment, Contract Operations and Engineering. Strijland is currently employed by Royal Wagenborg Group in the position of Director fleet management with resonsibilities for Operations, Crewing and Fleet Management. Previous experience of Rob Strijland includes senior management positions with Hanson Aggregates (UK), Amsterdam Schipdock and ITC Towage and Salvage.

"I am extremely pleased with the addition of Rob Strijland to the executive team. Dockwise will most defenitely benefit from his vast experience in shipping, shipconstructon as well as in the Oil and Gas industry" says André Goedée, CEO of Dockwise Ltd. "Rob Strijland will help Dockwise realize its ambition and fulfil the growth opportunities in the various strategic directions. With a view to the continiously increasing importance of the larger projects it is of great value that professional execution of the core activities as well as the larger offshore installation projects maintain the highest possible level of focus in the company."

"I'm grateful for the opportunities Royal Wagenborg has given me and the contribution they have provided in this phase of my career. I am at the same time very excited about the opportunities Dockwise will provide and the fact that my expertise and experience will contribute and will add value to the growth ambition of Dockwise" Rob Strijland adds in his comments.

About Dockwise Ltd.

Dockwise Ltd. is the parent company of the Dockwise group of companies, one of the world's leading integrated heavy lift sea transport companies. Following the recent merger with Sealift, the Dockwise group currently owns a fleet of 22 vessels, of which 18 are semi-submersible heavy transport vessels and the remaining 4 are due to be converted into semi-submersible heavy transport vessels. The Dockwise group is able to transport the heaviest cargos over vast distances. In addition, the Dockwise group provides its customers with high value added services such as engineering, project management and front-end engineering design, particularly in the transportation and installation of offshore structures business. This capability has been further enhanced by the recent acquisitions of Offshore Kinematics Inc. and Ocean Dynamics LLC.. The Dockwise group employs about 900 people worldwide. With a global network of offices in Bermuda (Headquarters), Breda, (the Netherlands), Houston (Texas, USA), Shanghai (China), Shenzen (China), Busan (South Korea), Lagos (Nigeria) and Fort Lauderdale (USA)/Golfe Juan (France)/Genua (Italy) (Dockwise Yacht Transport), as well as 8 representing agents, the Dockwise group provides an extensive service network to its clients. For further information: www.dockwise.com

Note not for publication: For further information, please contact: Jacqueline van den Bergen +31622448435 jacqueline.van.den.bergen@dockwise.com In- and External Communications





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