Dockwise sells vessels

Dockwise has sold two type IV vessels, Dock Express 10 and 12, to an undisclosed buyer.

Offshore staff

HAMILTON, Bermuda -- Dockwise has sold two type IV vessels, Dock Express 10 and 12, to an undisclosed buyer. DE 10 was delivered to the buyer today and DE 12 will be transferred at the end of April, the company says.

"Dockwise intends to expand our value-added transport services, including engineering, installation and project management, and these areas of work require types I, II and III vessels which create the highest value," says André Goedée, chief executive of Dockwise. "This divestment optimizes the composition of the Dockwise fleet and increases our focus on the premium end of the business."

02/10/2009

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