Dockwise Opens Office in Shanghai, China

Dockwise Shipping B.V., located in Breda, the Netherlands hereby announces that effective 25 October 2005 it has opened a representative office in Shanghai, China.

"Our representation in Shanghai is a strategic step in the future of Dockwise to provide support to our international heavy marine transport services. Furthermore, we consider it of vital importance to improve and to intensify our communication with our clients or future clients in China"; according to Dockwise's CEO mr. André Goedée.

During the reception held on the occasion of the opening a lot of guests attended as well as high officials from Shanghai and Beijing. Amongst the guests we welcomed the deputy major of the city of Shanghai and the director-general of the Shanghai Port Authority.

From the city of Shanghai Dockwise received 'The Key to Shanghai' as a gift, which symbolizes the entrance of Dockwise into the Chinese market. Martin Ma, Dockwise's China Manager, proudly shows the present to the audience accompanied by Rob Schoenmaker (left), General Manager Commercial Affairs, and Stefan Malfliet (right), CFO Dockwise.

Dockwise Shipping is located in Breda, the Netherlands and operates a fleet of 15 semi-submersible heavy transport vessels of various capacities and designs. Dockwise employs about 800 people worldwide. With a global network of three offices: in Breda, the Netherlands (head office), Houston, Texas, U.S.A. and in Shanghai, China as well as 8 representing agents, Dockwise is able to provide an extensive service to its clients. As a leading provider in its specialist field of marine transport services, Dockwise has the experience and the resources to meet complex ocean transportation requirements.