Stocks that Float: TANKERS & DRY BULK SHIPPERS

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DOCKF.PK $3.00 New contracts for Dockwise

Bermuda, August 8, 2008. Dockwise Ltd. announces that two new contracts have been awarded to their subsidiary Dockwise Shipping for the transportation of one of the largest semi submersible drilling rigs and various floating equipment.

Dockwise Shipping will transport the new build 6th generation semi submersible drilling rig Noble Dave Beard in 2009 as well as various floating docks and other equipment in 2008.
The total value of the contracts is approximately USD 18 million.

All contracts will contribute to the aim of Dockwise Shipping to continuously employ its vessels at the highest possible utilization.

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Published: 09:00 08.08.2008 GMT+2 /HUGIN /Source: Dockwise Ltd /OSE: DOCK /ISIN: BMG2786A1062

For further information, please contact:
Fons van Lith
[phone]
[e-mail]