Dockwise Reports Multi-million US$ Backlog

Press Release
Tuesday, December 11, 2012

Dockwise Ltd. has 6 new contracts, letters of intent and contract extensions with a total value of almost US$ 60 million.

Dockwise, headquartered in Breda, the Netherlands, is a 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 company also operates a fleet of 25 purpose built semi-submersible vessels (including Dockwise Vanguard, White Marlin and  Finesse).

The contracts include a material change order for a Vanguard contract delivering the customer a later loading window and 5 shorter term contracts for execution in 2012 and 2013. These assignments include the mobilization of two drilling rigs and the transportation of a yacht- hotel.

Also letters of intent were signed for a float-over project in Asia in 2015 and a second logistics project in the American region utilizing Dockwise's new floating super pallet concept for 2013, confirming market acceptance of this innovation in module logistics.

Andre Goedee, CEO, Dockwise said: "These important contract wins underscore the soundness of our strategy and customer confidence in our capabilities. We continue to see occasional delays in the completions of projects on which we are actively engaged but no longer term oil & gas projects have been withdrawn and tender activity continues in full force."

 

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