Dockwise Declares Monster Growth in First Quarter Results
Dockwise Ltd. announced the following Q1 2008 report:
Strategic and operational highlights
"Having the right vessel, in the right place at the right time is the key to success in our industry," André Goedée, CEO of Dockwise Ltd. Said. "With 17 fully operational vessels in Q1, including the recently arrived Yacht Express, Transporter and Target, Dockwise reaped full benefit from good conditions in our target markets. The planned expansion of our fleet during 2008 will allow us to sustain our growth rate and maintain our outstanding scheduling flexibility. The execution of our strategy is on track and our story remains the same. Dockwise's market leadership is bringing us consistent access to short, medium and long term opportunities across our markets. Our long-standing presence in different market segments, particularly those with short lead times, and the economies of fleet scale we enjoy, have again allowed Dockwise to optimize its vessel utilization. Looking at the financial performance in Q1, and with five vessels due to become operational in 2008, the management continues to be confident of achieving its full year targets."
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