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Market Wire

New contracts for Dockwise

Market Wire,  June, 2008  

Bermuda, June 5, 2008. Dockwise Ltd. announces that six new contracts have been awarded to their subsidiary Dockwise Shipping for the transportation of drilling rigs, barges and dredging equipment.

Dockwise Shipping will transport the Offshore Resolute and the Ocean Scepter, two existing jack-up drilling rigs, as well as four loads of dredging equipment and barges in 2008.

The total value of the contracts is close to USD 36 million.

All contracts will be executed in 2008 and contribute to the aim of Dockwise Shipping to continuously employ its vessels at the highest possible utilization.

For further information:
Fons van Lith
+1441 5991818
 Fons.van.Lith@dockwise.com 

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

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