Dockwise Ltd (ticker: DOCK, exchange: Oslo Stock Exchange (.OL))
News Release -
Dockwise delivers first of 15 Modules for Koniambo Project
Breda, The Netherlands, 27 September 2010 - Dockwise Ltd. has been selected as the contractor of choice for the transport of 15 onshore modules for the Koniambo Nickel Project in New Caledonia. About Dockwise Ltd / Dockwise Group
The project is being developed by Koniambo Nickel SAS, a joint venture between Société Minière du Sud Pacifique (SMSP), and Xstrata Nickel. The Koniambo Project includes the construction of a metallurgical facility in the northern part of New Caledonia in the South Pacific. Major project facilities include the mine, the process plant, a power station, water supply facilities, a port, ore and coal storage stockpiles, slag and ash stockpiles, and overland ore conveyors.
The modules for the process plant have been constructed at the COOEC yard in Qingdao, China. After their completion, the single modules will be transported by Dockwise to the new plant site near Vavouto, New Caledonia, via multiple consecutive voyages. After the 15 modules are transported inland to the Koniambo Nickel site, they will be joined into one huge nickel processing plant.
The Koniambo plant will be one of the largest nickel producers in the world and remains on track for first ore to be processed in mid-2012, ramping up to annual capacity of 60,000 tonnes of nickel in ferronickel within the following two years. In addition, future expansion could take advantage of the large resource base, which has an estimated life of more than 50 years.
To ensure the safe execution of this project, Dockwise's scope of work includes the detailed engineering of grillages and sea fastenings to ensure safe transport of the modules across the swells of the Pacific Ocean.
Dockwise's skilled team of engineers provided the innovative solutions needed for a critical aspect of this transport: resolving the ballasting challenges of keeping a large vessel level with the quayside during the load out, in which the tall modules are rolled on by means of self-propelled modular transport (SPMT) at the COOEC yard in Qingdao, China, where a considerable tidal range exists. Throughout the project Dockwise's China based engineers closely cooperate with COOEC representatives.
Attached pictures show arrival of first modules in New Caledonia.
The Koniambo voyages began in August 2010 and are expected to be completed in November 2010. The Dockwise T-Class vessels Transporter and Trustee are providing the versatile transportation needed for this innovative project.
Frank Berrens, Dockwise Project Manager said: "This project is an excellent example of our engineering and Logistical Management expertise and capabilities. With this project, Dockwise proves that module construction, combined with offshore heavy transport, is a reliable and efficient concept for the construction, transportation, and installation of equipment and materials in remote areas."
For further information please contact:
Fons van Lith
Tel : +31 (0)6 51 314 952 or +31 (0)76 5484116
Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than 1200 people both offshore and onshore. The company is the leading marine contractor providing total transport services to the offshore, onshore and yachting industries as well as installation services of extremely heavy offshore platforms. The Group is headquartered in Breda, The Netherlands. The Group's main commercial offices are located in The Netherlands, the United States and China with sales offices in Korea, Australia, Brazil, Russia, Singapore, Malaysia, Mexico and Nigeria. The Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale and has an office in Italy. The Dockwise Shipping network is supported by agents in Japan, Norway, Argentina and Italy.
To support all of its services to customers, the group also has three additional engineering centers in Houston, Breda and Shenzhen, manufactures specific motion reduction equipment such as LMU (Leg Mating Units) and DMU (Deck Mating Units) and owns a fleet of 19 purpose built semi-submersible vessels.
Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on NYSE Euronext Amsterdam under ticker DOCKW.
For further information: www.dockwise.com