SOURCE: Dockwise Ltd

November 18, 2008 03:39 ET

Dockwise Ltd - Change of Chief Financial Officer

BREDA, NORWAY--(Marketwire - November 18, 2008) -

Dockwise Ltd today announces that Stefan Malfliet has resigned as Chief Financial Officer, by mutual agreement with the company. Claudia Mennen, Vice-President Finance, will assume the duties of finance director for an interim period. These changes are with immediate effect and the search for a new Chief Financial Officer is underway.

André Goedée, Chief Executive, said:

"We thank Stefan for his dedicated service to Dockwise. Stefan has made a significant contribution and in particular, I am grateful to him for his determined support during a critical period in the company's evolution. We wish him well for the future in his pursuit of new interests."

Stefan Malfliet said:

"I have enjoyed working for Dockwise very much, but now it is time for me to move on. Dockwise is a company with many talented and passionate people; it is successfully exploiting its market leading position and I am confident that it has a very bright future."

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