June 24 - An increase in customer enquires and strengthening tendering prospects have helped Dockwise secure some USD35 million of heavy lift and engineering projects from ten worldwide contracts.
Ocean Dynamics (ODL), a member of the Dockwise Group of Companies, has been awarded a contract by the China National Offshore Oil Corporation (CNOOC) for the engineering design verification of a deepwater jacket and the float-over installation.
The remaining contracts arise from port and maritime infrastructure activity and sees Dockwise assisting in the transportation of barges to the US, the Netherlands and Argentina as well as dredging equipment to the Netherlands and Columbia. All of these contracts are scheduled for execution in Q2 and Q3 2010. Other Q3 contract awards include transporting a semi-submersible rig from Dubai to Brazil and a jack-up rig from West Africa to the Netherlands. One contract brings forward a project already slated for 2013.
André Goedée, Dockwise CEO, said: "In the second quarter, we continue to benefit from slowly increasing numbers of inquiries. Tender activity for the years to come remains strong and continues to hold interesting prospects for the larger vessels. Meanwhile on the short term we seriously focus on the opportunities our fleet size presents in view of the diverse geographic spread of the demand in the market."