Dockwise Reports New Contracts Worth USD 85 Mln (The Netherlands)

The Netherlands based heavylift and transportation specialist, Dockwise Ltd., today announces near USD 85 million backlog additions in new contracts, bringing total for this quarter to approximately USD 102 million.

Dockwise was awarded fifteen short term contracts, mainly for execution in Q2 and Q3 2012. The projects include twelve jack-up rig transports for various owners to different regions.

On longer term assignments, Dockwise reached a final agreement on a large extension of scope for an existing oil & gas offshore transport. The extension adds to the initially signed LOI for the project which was already included in the Q1 2011 backlog. The changes involve vessel modification and additional outfitting scope for the transport originating in the Far East. Project scheduled to be executed in 2015-2016 timeframe.

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Offshore Energy Today Staff, June 21, 2012; Image: Dockwise