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Dockwise Subsidiary Takes Delivery of MV Treasure

Monday, June 30, 2008
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Following the delivery of mv Talisman in May 2008, the fourth vessel out of a series of six MV Treasure now joins the fleet of Dockwise Transport, a wholly owned subsidiary of Dockwise Ltd. As was the case with the earlier three, also this vessel is delivered in accordance with the delivery schedule.
The remaining two converted tankers Triumph and Trustee will be delivered at the end of 2008.
After completing the submerging test and sea trials, MV Treasure has been delivered to the owners on June 30. The heavy transport vessel is designed to transport complex, high-value cargo like jack- up drilling units and has a carrying capacity in excess of 35,000 tons. This vessel was converted at the COSCO shipyard at Zhoushan, China. During the conversion the entire midship section has been replaced and machinery and equipment were fully revised.

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