Dockwise Ltd
oslo : DOCK

July 25, 2011 01:35 ET

First Contract for Dockwise's Type 0 Vessel Now Firm

BREDA, NORWAY--(Marketwire - Jul 25, 2011) -



Dockwise confirms its first contract for the new Type 0 vessel. By the end of 2012 and immediately upon delivery of the vessel by Hyundai Heavy Industries, the vessel will transport the Jack St. Malo platform hull from Korea to the US Gulf of Mexico. While initially in the form of an intent, the selection of the Type 0 vessel now has been confirmed by Chevron, the operator of the Jack St. Malo floating production platform.

"We are pleased with the trust Chevron places in the capabilities of the new vessel and the commitment of Dockwise's management and staff to make this first assignment of the vessel a success. Also, this commitment is a very clear sign that this vessel will rapidly earn its place in the market and, as indicated earlier, has the potential to create a new market of its own", comments André Goedée, Dockwise's CEO.


About Dockwise Ltd/The Dockwise Group

Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than 1,200, 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 for extremely heavy offshore platforms. The Group is headquartered in Breda, the Netherlands. The Group's main commercial offices are located in the Netherlands, the United States, and China, with sales offices in Korea, Australia, Brazil, Russia, Singapore, Malaysia, Mexico, and Nigeria. The Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale and has an office in Italy. The Dockwise Shipping network is supported by agents in Norway, Argentina, and Italy. To support all of its services to customers, the group also has three additional engineering centers in Houston, Breda, and Shanghai, which manufacture specific motion-reduction equipment, such as LMU (Leg Mating Units) and DMU (Deck Mating Units).

Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on NYSE Euronext, Amsterdam under ticker DOCKW. For more information, visit our website at www.dockwise.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Dockwise Ltd via Thomson Reuters ONE

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Contact Information

  • For further information, please contact:
    Fons van Lith
    M: +31 (0)651 314 952
    T: +31 (0)76 5484 116
    E: Email Contact