Dockwise Ltd. today published results for the three month and Half Year periods ended June 30, 2011.
Financial Highlights Q2 2011
Financial Highlights first Half Year 2011
Strategic and Operational Highlights Q2 2011
Post Q2 2011 events
Backlog
André Goedée, Chief Executive Officer Dockwise , commented:
“Despite fewer projects and a subdued financial performance, this has been a tremendously exciting period for Dockwise. Tendering volumes and subsequently contract awards, both for production facilities and LNG projects, have continued strongly – and are being sustained through the summer months. We are encouraged by our new record levels of backlog stretching out through to 2015.
These new contracts are predominantly complex tasks, where clients seek an experienced organisation with professional project management. A prime example is Chevron’s Jack and St Malo project, now confirmed as the first assignment for our new flagship, Dockwise Vanguard.
Dockwise’s stated ambition is to become the clear brand leader for all types of performance critical work, and we are encouraged by consistent bookings for these demanding projects. We are looking closely at ways further to differentiate our services, not only to maintain sector leadership but also continue to reduce exposure to shorter term work.”
[mappress] Source: Dockwise, August 19, 2011;