Dockwise Transport BV takes delivery of second of series of six semi-sub’s

Following the delivery of the ‘Transporter’ in May 2007, heavy lift vessel ‘Target’, one of the former Sealift vessels, now joins the fleet of Dockwise Transport BV, a wholly owned subsidiary of Dockwise Ltd. The “Target” is the second of six single-hull tankers to be converted into heavy lift vessels.

These six vessels, recently added to the Dockwise fleet, of which the last is scheduled for delivery at the end of 2008, will enable Dockwise 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.