Dockwise Shipping Snags 7 New Transportation Contracts

Dockwise Ltd. has announced that seven new contracts were awarded to their subsidiary Dockwise Shipping in the past few weeks for the transportation of drilling rigs, barges and dredging equipment.

Dockwise Shipping will transport the jackup drilling rig Transocean Nordic, as well as three loads of barges, a yacht hotel and two loads of dredging equipment in 2008.

The total value of the contracts is more than US $30 million. All contracts will be executed in 2008 and contribute to the aim of Dockwise Shipping to continuously employ its vessels at the highest possible utilization.

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