Angolan Inquiry Commission News

The flat deck open stern semi-submersible heavy transport vessel Mighty Servant 3 is due to rejoin Dockwise's operational fleet at the end of 2008 after being fully reinstated at the Grand Bahama Shipyard Ltd. Dockwise Ltd. and Grand Bahama Shipyard Ltd. entered into an agreement for the complete renovation of the Mighty Servant 3. Dockwise and Grand Bahama Shipyard Ltd. expect to complete this operation by the end of 2008. The causes of the accident are being investigated by both the Dutch Shipping Council and the Angolan Inquiry Commission. The final conclusions have not yet been published. The Dockwise internal investigation suggests neither technical equipment nor a structural integrity failure. All possible liabilities have been settled with the Angolan government. Dockwise Ltd.