April 7 - Dockwise has been awarded seven near-term contracts for the transportation of four jack-up rigs, jack-up construction vessels, supply boats and a floating crane barge, to be transported to Brazil, Egypt, the UAE, Singapore, The Netherlands, Iran

Dockwise will execute the bulk of this newly contracted work during the second quarter of 2010. In addition, the Group has secured a variation order, under the Vyborg contract, generating additional sailing days during the first half of 2010.

Total revenues for the various commitments are expected to reach approximately USD 40 million.

Chief executive, André Goedée said: "A stable oil price environment and stronger macroeconomic outlook has coincided with increased tender activity amongst drilling rig contractors, creating opportunities for Dockwise. While the return of tender activity is encouraging, we have yet to see whether this constitutes the beginning of a sustained recovery."

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