Dockwise Ltd : Backlog Update: USD 85 Million in New Awards;
Breda, The Netherlands, 21 June 2012 Dockwise Ltd. today announces near USD 85
million backlog additions in new contracts, bringing total for this quarter to
approximately USD 102 million
Dockwise was awarded fifteen short term contracts, mainly for execution in Q2
and Q3 2012. The projects include twelve jack-up rig transports for various
owners to different regions.
On longer term assignments, Dockwise reached a final agreement on a large
extension of scope for an existing oil & gas offshore transport. The extension
adds to the initially signed LOI for the project which was already included in
the Q1 2011 backlog. The changes involve vessel modification and additional
outfitting scope for the transport originating in the Far East. Project
scheduled to be executed in 2015-2016 timeframe.
For further information please contact:
Fons van Lith
E: fons.van.lith@dockwise.com
T: +31 (0)76 548 4116 M: +31 (0)6 51 314 952
About Dockwise Ltd/Dockwise Group
Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than
1200 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 offshore
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 Genoa, Italy. The Dockwise
Shipping network is supported by a global network of agents.
To support all of its services to customers, the group also has three additional
engineering centers in Houston, Breda and Shanghai, manufactures specific motion
reduction equipment such as LMU (Leg Mating Units) and DMU (Deck Mating Units)
and owns a fleet of 19 purpose built, semi-submersible vessels.
Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on
NYSE Euronext Amsterdam under ticker DOCKW.
This information is subject of the disclosure requirements pursuant to section
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 that:
(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
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