Perdido Truss Spar safely delivered by the Mighty Servant 1

HAMILTON, BERMUDA–(MARKET WIRE)–Jul 1, 2008 — Dockwise Ltd. announces that the Perdido Truss Spar was safely delivered by the semi-submersible vessel Mighty Servant 1 on Friday 27 June 2008. The Spar was skidded on board the vessel on 19 May 2008 in Pori, Finland by Dockwise Shipping, a wholly owned subsidiary of Dockwise Ltd.; and was successfully transported to Ingleside, Texas.