Dockwise Ltd : Backlog Update: Dockwise Reports near USD 60 Million
in new Contracts and Letters of Intent
BREDA, THE NETHERLANDS -- (Marketwire) -- 12/11/12 -- DOCKWISE Ltd.
today announces that it
has been awarded 6 new contracts, letters of
intent and contract extensions with
a total value of almost USD 60
The contracts include a material change order for a Vanguard contract
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
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no longer term oil & gas projects have been withdrawn and tender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."
About Dockwise Ltd. / Dockwise Group
Dockwise Ltd., a Bermuda incorporated Company, has a workforce
of more than
1,400 people both offshore and onshore. The
Company is the leading marine
contractor providing total
transport services to the offshore, onshore and yachting
industries as well as installation services of extremely heavy
platforms. The Group is headquartered in Breda, the
Netherlands. The Group's
main commercial offices are located in the
Netherlands, the United States and China with sales offices in
Korea, Australia, Brazil, Russia, Singapore,
Malaysia, Mexico and
Nigeria. The Dockwise Yacht Transport business unit is
headquartered in Fort Lauderdale and has an office in Italy.
Shipping network is supported by agents in Norway,
Argentina and Italy.
To support all of its services to customers, the group also has three
engineering centers in Houston, Breda and Shanghai,
manufactures specific motion
reduction equipment such as LMU (Leg
Mating Units) and DMU (Deck Mating Units)
and operates a fleet
of 25 purpose built semi-submersible vessels
Dockwise Vanguard, White Marlin and Finesse).
Dockwise shares are listed on the Oslo Stock Exchange under ticker
DOCK and on NYSE Euronext Amsterdam under ticker DOCKW.
For further information: www.dockwise.com
This information is subject of the disclosure requirements pursuant
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Dockwise Ltd via Thomson Reuters ONE
For further information please contact:
Fons van Lith
M: +31 (0)6 51 314 952
T: +31 (0)76 5484116
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