Dockwise Confirms First Contract for New Vessel

Dockwise confirms its first contract for the new Type 0 vessel. By the end of 2012 and immediately upon delivery of the vessel by Hyundai Heavy Industries, the vessel will transport the Jack St. Malo platform hull from Korea to the US Gulf of Mexico. While initially in the form of an intent, the selection of the Type 0 vessel now has been confirmed by Chevron, the operator of the Jack St. Malo floating production platform.
"We are pleased with the trust Chevron places in the capabilities of the new vessel and the commitment of Dockwise's management and staff to make this first assignment of the vessel a success. Also, this commitment is a very clear sign that this vessel will rapidly earn its place in the market and, as indicated earlier, has the potential to create a new market of its own", comments André Goedée, Dockwise's CEO.