Eighteen Yachts Carpool Across the Ocean

BREDA, NORWAY, Apr 10 (MARKET WIRE) --
Dockwise Ltd., the parent company of The Dockwise Group of companies (the
"Dockwise Group"), announces that Dockwise Yacht Transport's (DYT) newest
ship, the 687.5-foot (209 meter) Yacht Express, left Ft. Lauderdale today with
a full load of cargo: $154 million worth of private luxury yachts.
Headquartered in Ft. Lauderdale, Florida, DYT is a wholly owned subsidiary
of Dockwise Ltd., the global leader in maritime transports and installation.

The largest vessel of its kind in the world, Yacht Express, was
purpose-built
at Yantai Raffles Shipyard in China with a semi-submersible dock bay that
allows yachts of any size to be safely floated on and off as cargo. "We're proud
to announce this first run of the Yacht Express on a regularly scheduled
round-trip route between Florida and the Mediterranean" said Andre Goedee, CEO
ofDockwise Ltd. " This typically takes 15 days each way. The super ship's size
and power (it has a service speed of 18 knots) can pare down the transport
time to as few as 10 days."

The float-on/float-off process is unique to DYT, which operates three other
semi-submersible yacht carriers. "The first Trans-Atlantic spring voyage of
Yacht
Express is a great milestone for us and the yachting community," said DYT
President Clemens van der Werf, "as it provides yacht owners with a
state-of-the-art transport facility with additional accommodations for crew
who are riding along." Yacht Express is more than 130 feet longer than DYT's
other carriers and features such added amenities as complimentary cabins, an
atrium with lounge bar and swimming pool, restaurant and cinema, as well as
conference, media and fitness facilities.

"I'm half tempted to come back across on the ship myself in the fall," said
owner John Walsey (San Francisco, California), whose first mate is accompanying
Walsey's new power yacht, the 121-foot Broward named Java, on the ride across
the
ocean. "Or maybe I should just charge my crew members for the ride, since this
is like being on a cruise ship," he joked. Walsey, who has used DYT's
float-on/float-off services a half-dozen times, toured the ship while Java was
being loaded. With the rising costs of diesel, he calculates that the price
tag for the DYT service saves him money in the long run, not to mention
time. "It also allows the rest of the crew some time off," he said, "and
alleviates wear and tear on the boat and its engine."

About DYT Since its maiden voyage in 1987, DYT has transported over 9,000
motorand sailing yachts to various destinations around the globe, offering yacht
owners
safe and easy access to many of the world's premier cruising grounds.

DYT has partnered with the International SeaKeepers Society to outfit the
new
ship with the modular SeaKeeper 1000TM ocean and meteorological monitoring
system. The SeaKeeper 1000 is a fully automated unit that samples, measures,
records and transmits critical measures of ocean health--salinity, temperature,
oxygen and pollution, among others--to various scientific and public
communitiesacross the globe.

Along with area representatives around the world, DYT has additional
operating
offices in Italy, France, Martinique and Newport (R.I.). A partnership
with BBC Chartering and Logistics also allows DYT to manage safe
lift-on/lift-off service aboard BBC's fleet of 140 cargo vessels worldwide. The
service is for clients who need additional scheduling flexibility or the ability
to
get to a destination not normally serviced by DYT's semi-submersible ships.

About Dockwise: Dockwise Ltd. 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
Bermuda. The group's main commercial and operational offices are located in The
Netherlands, the United States, China, Korea, Australia and Nigeria. The
Dockwise Yacht Transport business unit is headquartered in Fort Lauderdale, with
commercial offices in France and Italy. The Dockwise Shipping network is
supported by agents in Japan, Singapore, Spain, Argentina, Australia and Italy.
To support all of its services to customers, the group operates three
engineeringcenters in Houston, Breda, Shenzhen and provides design and
fabrication of
specific float-over equipment such as LMU (Leg Mating Units) and DMU (Deck
Mating Units). The Dockwise Group owns a fleet of 22 purpose built
semi-submersible vessels of which currently 17 are operational and 5 will
become operational during 2008.

Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK.

further information: www.dockwise.com

Note: not for publication

For further information please contact: Headquarter Heemskerk Tel:+ 1 441
295 7149

Analysts Fons
van Lith : +31 (0)6 51 31
49 52

Press Jacqueline van den Bergen Tel: +31(0)6 22 44 84 35

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