Dockwise Welcomes MV Treasure to Fleet

The mv "Treasure", the fourth vessel out of a series of six, has joined the fleet of Dockwise Transport.., a wholly owned subsidiary of Dockwise Ltd. As was the case with the earlier three, the vessel was delivered in accordance with the delivery schedule.

The remaining two converted tankers TRIUMPH and TRUSTEE will be delivered at the end of 2008. With the addition of six vessels to the fleet, Dockwise is able to optimize strategic deployment of the 22-vessel fleet to best serve the various markets. More specifically, Dockwise will be able to provide clients with unparalleled flexibility in using various types of vessels, reducing risk and increasing scheduling and contracting opportunities for different clients.
After successfully completing the submerging test and sea trials, mv "TREASURE" has been delivered to the owners on June 30, 2008. The heavy transport vessel is designed to transport complex, high-value cargo like jack-up drilling units and has a carrying capacity in excess of 35,000 tons. This vessel was converted at the COSCO shipyard at Zhoushan, China. During the conversion the entire midship section has been replaced and machinery and equipment were fully revised.
To ensure the most effective way of operating the vessel, Dockwise has appointed Anglo-Eastern Ship Management to provide technical and crew management. As such, the new vessels will operate under the same management systems as the existing Dockwise vessels.