SOURCE: Dockwise Ltd

September 14, 2009 12:03 ET

Dockwise vessel Mighty Servant 1 safely escorted by EURNAVFOR through Gulf of Aden

BREDA, NORWAY--(Marketwire - September 14, 2009) - Between the 13th and the 14th of September, the Dockwise semi-submersible, heavy-marine transport vessel, Mighty Servant 1, was safely escorted by EUNAVFOR warships through the Internationally Recommended Transit Corridor (IRTC) in the Gulf of Aden.

Dockwise is the world leader in heavy-ocean transport and installation, operating the largest fleet of 20 specialized vessels, which are able to transport inconceivably large and heavy cargoes, some weighing up to 76,000 metric tons. The Mighty Servant 1 is currently transporting the Gjøa Hull from Korea to Norway. The EUNAVFOR Belgian warship Louise-Marie, participating in the European Operation Atalanta, was tasked to escort the Mighty Servant 1 for two days before handing her over to EUNAVFOR Swedish warships K11, STOCKHOLM and K12, MALMO, which continued the escort. The Dutch Commander Bindt of warship HM Evertsen is currently in command of Operation Atalanta. EUNAVFOR, the NATO Task Force and TF 151, of the Combined Maritime Forces coordinate their efforts for the protection of all shipping in the IRTC in the Gulf of Aden. Dockwise, adopting the Best Management Practices as advertised on the MSCHOA website, registered the Mighty Servant 1 with MSCHOA, which guaranteed that she was particularly monitored during the transit through the protected IRTC.

About Dockwise Ltd / Dockwise Group

Dockwise Ltd. has a workforce of more than 1200 people both offshore and onshore. The company is the leading marine contractor providing exceptional ocean transport, logistical management and installation services to the offshore, onshore and yachting industries. The Group is headquartered in Bermuda and comprises four operating companies: Dockwise Shipping B.V., Dockwise Yacht Transport LLC, Ocean Kinematics Inc. and Ocean Dynamics LLC.

The Group's main commercial offices are located in The Netherlands, the United States, China, Korea, Australia, Brasil, Singapore and Nigeria. The Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale and has offices in France and Italy. Dockwise Shipping B.V. is supported by agents in Malaysia, Japan, Spain, Norway, Argentina and Italy. To support all of its services to customers, the group has three additional engineering centers in the USA, Netherlands & China and manufactures specific motion reduction equipment such as LMUs (Leg Mating Units) and DMUs (Deck Mating Units). The Group owns, through its subsidiaries, a fleet of 20 purpose built semi-submersible vessels. Dockwise shares are listed on the Oslo Stock Exchange under the ticker DOCK.

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