Dockwise, $42m in Near-term Contracts

Monday, February 02, 2009

Dockwise Ltd. announced eight near-term contracts awarded to its subsidiary, Dockwise Shipping, for the transportation of jack- up drilling rigs, dredging equipment and various other cargoes. Total revenues for the contracts are approx $42m.

Dockwise Shipping, in company with industry partners, is to transport the drilling rigs Great Drill Chetna, Seajacks Kraken, Ocean Quest, and Offshore Intrepid to their new assignments in India, Halifax, Brazil and the Arabian Gulf respectively. On behalf of various other clients and turning to more varied cargo, Dockwise Shipping has been contracted to transport a dredging cargo to Japan, accommodation jack-ups to Rotterdam, Derrick and jack-up barges to Angola and Rotterdam as well as patrol boats to Italy. Almost all projects are for execution in the first half of 2009.

André Goedée, Chief Executive, Dockwise, said “This is encouraging news and proof of continuing good market conditions in the first half of 2009 with no discernible change from the fourth quarter of 2008. Indeed, we see not only the market for drilling rig transportation in good health but also the market for other maritime and industrial equipment cargoes. This good start to the year will help Dockwise sustain the generation of free cash flows to reduce our net debt level - a priority for the current year.”

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Shipbuilding

Damen Outfitting First of Nine Bahamas Patrol Boats

The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

New Chinese Shipyard Launches First Ship

The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel,

 
 
Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 4.6004 sec (0 req/sec)