Dockwise Secures USD 65 Million In Projects
Dockwise Ltd. today announces two major awards for transport and installation projects and for two routine marine infrastructure transport. Total revenues for the various commitments are expected to reach almost USD 65 million. Client, destination and other details of these projects will be released in due course following contract formalisation.
Further to an existing contract already in backlog, under which Dockwise is to transport a production hull to the North Sea, the company has received an LOI from one of the independent oil companies for the second stage of the project. In the second phase, scheduled for 2012, Dockwise will transport the topside unit from the fabrication yard and install in situ, by means of float-over.
Dockwise has also agreed a letter of intent (LOI) with one of the oil majors for the transportation in 2013 of a deepwater production platform. Additionally, Dockwise has recently booked two routine port and marine infrastructure transports to Rotterdam and Sjarjah respectively.
André Goedée, Chief Executive, Dockwise Ltd., said: “It is a mark of our clients’ confidence in the outlook for the next phase of the cycle that substantial transport and floatover projects for several years hence are tendered now. These awards are proof that Dockwise offers the depth of expertise, asset availability and security to maintain its leading position in this premium segment of the market.”