Topside Transportation News

DOCKWISE Ltd. today publishes results for the three month and Half Year periods ended June 30, 2012. Cash flow generated from operating activities of USD 45 million (USD 64 million in first half year 2011). Acquisition of Fairstar Heavy Transport N.V. Initiated buy out and delisting procedures following control (99%) as of July 2012. Contract awards of USD 109 million in Q2 2012 include:Hebron topside transportation for Exxon Mobil;USA Big Dog Spar Buoy for BP. USD 306 million for execution in 2014 and beyond (USD 170 million at end Q2 2011 for execution in 2013 and beyond).