Dockwise Contracts for Transport of Drilling Rigs and Dredging Equipment

Wednesday, April 30, 2008

Dockwise Ltd. announced that five contracts have been awarded to their subsidiary Dockwise Shipping for the transportation of three drilling rigs and two voyages with dredging equipment.
Dockwise Shipping will transport miscellaneous dredging equipment for Van Oord Dredging & Marine Contractors and Jan de Nul as well as the jack-up drilling rigs Petrojack II, Aban VIII and Deep Driller IV in 2008.
The new build Jack-up drilling rigs Petrojack II and Aban VIII are currently being completed in , whereas the Deep Driller IV will be relocated.
All contracts contribute to the Dockwise strategic objective to materially expand activities in both rig transport (core business) and transport of offshore production facilities. The total value of the contracts is close to USD 18 million.
Our financial guidance for 2008 is that adjusted EBITDA will increase by at least 60% relative to 2007. Reporting on Q1 results is scheduled May 20 before trading.

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

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.1299 sec (8 req/sec)