Dockwise secures USD 24 million in near-term contract awards

Friday, 20 November 2009
Dockwise secures USD 24 million in near-term contract awards

Market Wire, November, 2009

Dockwise Ltd. today
announces 8 new near-term contract wins awarded to its subsidiary,
Dockwise Shipping, for the transportation of modules, vessels and
jack up drilling rigs.

Dockwise, together with industry partners, has received contract
awards to transport various jack up drilling rigs to Sjarjah,
Tianjin, West Africa, Sudan and Singapore and modules and a salvage
vessel to Stavanger and Nigeria respectively. Most of the contract
work will be carried out in Q4 2009 with the remainder to be
performed in Q1 2010. Total contract revenues for the Dockwise
contracts are expected to be approximately USD 24 million.

Contact:
Fons van Lith
 31651314952/ 31 76 5484116
 Fons.van.lith@dockwise.com

Notes for Editors:

About Dockwise Ltd / Dockwise Group

Dockwise Ltd., a Bermuda incorporated, has a workforce of more than
1200 people both offshore and onshore
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