DOCKWISER 1US$ 4,95 | ¥ 30.82 | www.dockwiSe.com

No 11, 1st Quarter 2013

China’s Huntfor Energy

Page 8

Securingpeople, cargoand vessels

Page 12 & 40

Innovation:DockwiseVanguard and FSPs

Page 36

Interviewwith CEOCOOEC

Follow US

2 DOCKWISER2 DOCKWISER

DOCKSHOT!August 2012: Dockwise was selected for an HMT (Heavy Marine Transport) project with

Sapura Acergy. The Sapura 3000 is a Heavy Lift and Pipe Laying Vessel that weighs about

21,000 metric tons to be dry transported onboard COOEC’s HYSY 278, which is under

commercial management by Dockwise, from Singapore to Ciudad Del Carmen, Mexico.

This transport marks the second contract for the HYSY 278 and first long haul.

DOCKWISER 3DOCKWISER 3

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Reinventing Onshore Industrial Modular Logistics

16

8

34

18th National Congress

4030

Securing people, cargo and vesselsVessel Protection Detachments

12Fueling the Dragon:China’s Hunt for Energy

Sheng Zeng:Building Lasting

Relationships

For extra footage, impressive movies and slideshows visit dockwiser. com

Redefining the Limits of Heavy Marine Transport

4 DOCKWISER

DOCKWISER 5

FROM THE CEO

“ Support Chinese oil and gas companies become successful internationally.”

DOCKWISER 5

As the global economy is experiencing signs of

recovery, the economic climate remains volatile.

cautious optimism is key when navigating forward.

despite the stormy conditions, dockwise

experienced an extraordinary year. during 2012, our

organization successfully reached a handful of

strategic milestones.

We successfully took over Fairstar to strengthen our

Logistical Management business pillar dedicated to

support the downstream oil and gas and mining

industries. In addition, we managed and executed

the transport and launch operation for the second

largest jacket to date along with the float-over

operation of the accompanying 27,000 ton topside.

the Dockwise Vanguard, our flagship vessel, is near

finalized and ready to change the game of heavy

marine transport. the Floating super Pallet (FsP)

concept is set to revolutionize modular transport

within logistical management. these activities are

significant milestones and are consistent with our

growth ambitions for the respective strategic choices.

In this Dockwiser, we focus on China and its Hunt for

energy to Fuel the Dragon (see page 16).

securing a long term supply of natural resources is

critical for Chinese leaders. We will share how

Chinese National Oil Companies (NOCs) are investing

internationally to reach the government’s bold

energy ambitions. as these young NOCs lack the

experience compared to the well-established

independent international counterparts, building

relationships with proven players in the oil and gas

industry is important for them to succeed in the

international market.

Dockwise is well positioned to support Chinese oil

and gas companies become successful

internationally. Our relationship with China Offshore

Oil engineering Company (COOeC) is an example of

how to build a lasting partnership. an interview with

Mr. Zhou, CeO at COOeC, describes what is key for

COOeC to succeed in the international arena (see

page 36). In addition, sheng Zeng, General Manager

Dockwise China, is asked to elaborate on the

importance of relationships and growing business in

China (see page 30).

We will also inform you how Dockwise’s innovations

are changing the game (see page 12 & 40). You will

learn how heavy marine transport and industrial

modular logistics stand to benefit from two new

products of which each offer services once considered

impossible.

Furthermore, we will provide you with an insight how

Dockwise manages security onboard vessels

navigating high risk areas (see page 8). a partnership

with the royal Dutch Marines sets a global

benchmark in protecting people, cargo and vessels by

deploying highly trained Vessel Protection

Detachments (VPDs) onboard our vessels.

I hope you enjoy reading this edition of the

Dockwiser. On behalf of Dockwise, I wish you a warm

holiday season and a prosperous 2013.

regards,

andré Goedée

CeO Dockwise

November 2012 - Dockwise subsidiary Fairstar Heavy Transport N.V. announced the commissioning of a new Type 1 vessel to be named Dockwise White Marlin and the christening of its most recent new-build vessel, Finesse.

White Marlin’s specification will give it a capacity and vessel capabilities similar to Dockwise’s existing Blue Marlin. Scheduled delivery will be in Q4 2014.

On October 31 the christening ceremony of Finesse was performed at LongXue Shipbuilding, LongXue Island, in Nansha District, China. Finesse is a semi-submersible

October 2012 - The Netherlands Economic Mission to Tanzania primarily focused on the gas industry and gas-related infrastructure. Tanzania has experienced a period of stable

growth and is on the doorstep of major developments. The motto of this mission was to identify and facilitate new alliances and opportunities between Tanzania and The

Netherlands. Dockwise participated in this mission to further strengthen and expand long-term cooperation in this area full of opportunities.

heavy Type 2 transport vessel, 216 m long by 43 m wide, and capable of transporting cargo up to 50,000 tons.

André Goedée, CEO of Dockwise, said: “We are proud to include Finesse within the Dockwise fleet. It is a state-of-the-art versatile vessel, built for the best standards of environmental performance. The Finesse will substantially broaden our Logistics Management capability for clients in the oil and gas industry as well as other market segments.”

Dockwise heralds newest vessels

NewsDock NewsDock

Dockwise goes Tanzania!

OSEA Singapore

6 DOCKWISER

November 27-30, 2012 - OSEA is Asia’s most important business technology event for the Oil & Gas Industry. Dockwise’s participation in the conference offered a great opportunity to build key relationships and continue to promote brand awareness in the South East Asian market. A special paper on the Dockwise Vanguard, ‘Redefining FPSO Dry Transport and Dry Docking’ was presented by Dockwise Manager Engineering, Michel Seij.

(first half 2013)

Russia Offshore 2013 | Moscow, RussiaMarch 2013

OTC 2013 | Reliant Park, Houston (TX), USAMay 6-9, 2012

APPEA 2013 | Brisbane Convention and Exhibition Centre, Australia | May 26-29, 2012

OGA 2013 | Kuala Lumpur Convention Center, MalaysiaJune 5-7, 2012

September 2012 - Christening and Delivery Ceremony of two Floating Super Pallets (FSP’s) was held with great success. Proud project teams of Cosco (Zhoushan) Shipyard and Dockwise, together with a Lloyds Register delegation and our first

client, celebrated the delivery of the FSP’s to Dockwise. These two beautiful twin sisters named “Dockwise FSP 101” and “Dockwise FSP 102” will be used on their maiden project during Q4, 2012.

Dockwise identified a global lack of understanding of float-over installations in the Oil and Gas industry. This lack of knowledge prompted Dockwise to deliver tailored seminars throughout the world about the added value of float-overs when compared to conventional methods, such as lift operations. Engineers, project managers and planners from the industry were invited to participate at seminars were a group of Dockwise experts from various disciplines detailed the ins and outs pertaining to the execution and engineering of the float-over approach. Various seminars have already been successfully conducted in Brazil and Singapore with additional seminars planned throughout 2013.

Christening and Delivery Ceremony

To read about the Christening Ceremony of the Dockwise Vanguard, please visit dockwiser.com

Float-over Seminars

Dockwise Australia

DOCKWISER 7

November, 2012 - We are pleased to announce that our Australian office has moved to a new location.

Royal Insurance BuildingLevel 4, 131 St George TerracePerth WA 6000, Australia

Follow US

Mr. Dong Yezong, General Manager of Cosco (Zhoushan) Shipyard & Marco Tanis, Project Manager Dockwise

8 DOCKWISER

Vessel Protection Detachments

Securing People, Cargo and Vessels

8

DOCKWISER 9

sECuRiTy

although it is impossible to entirely prevent piracy, our priority is

to ensure safety. at Dockwise, we never hesitate to make the

investments necessary to minimize risks. to mitigate the risk of

piracy, the security Council at Dockwise decided to invest in

anti-piracy protection measures. “We take security seriously at

Dockwise. that is why we chose to deploy Dutch Marines as

VPDs onboard vessels that are transiting through high risk area

around the coast of somalia,” states Chris Heupers, Head of

safety, Health, environment and security at Dockwise.

Go to dockwiser.com to see how the Marines work onboard our vessels.

DOCKWISER 9

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Vessel Protection detachments Dockwise agreed to work with the Ministry of

Defence to find a viable solution against piracy.

since 2011, VPDs are deployed on especially

vulnerable Dockwise vessels transiting through

the high risk area. VPDs consist of a team of

highly trained marines including medical

personnel. these teams take care of the regular

protection plus additional pre-emptive security

measurements in order to protect the crew, cargo

and vessel. these pre-emptive measures,

such as barb wire and p-traps, are

recommended in the Best Management

Practices version 4 (BMP4), widely accepted

international guidelines, to prevent and

deter piracy.

Based on years of experience, we are

convinced Dutch Marines provide the

best-in-class protection needed to ensure a

secure passage through the high risk area

around the coast of somalia.

Mediterranean Sea

Libia

IranSyria

Jemen

Somalia

Arabian Sea

Indian Ocean Java Sea

NorthPacificOcean

SouthAtlanticOcean

NorthAtlanticOcean

Bay ofBengal

SouthChinaSea

Red Sea

Barents Sea

NorthSea

DOCKWISER 11

Source: Audiovisuele Dienst Defensie

Transiting through high risk areas exposes the crew, cargo and the vessel to dangerous scenarios where piracy is a serious threat. Piracy activities are increasing throughout the world. In 2012, there were more than 250 incidents reported. To mitigate these risks, Vessel Protection Detachments (VPDs) protect against piracy in high risk areas.

Piracy and armed robbery incidents as reported

to the IMB Piracy reporting Centre in 2012

Worldwide Incidents: updated on 20 Nov 2012

total attacks Worldwide: 261

total Hijackings Worldwide: 26

incidents Reported for Somalia:

total Incidents: 71

total Hijackings: 13

total Hostages: 212

current vessels held by Somali pirates:

Vessels: 9

Hostages: 154

source: http://www.icc-ccs.org/

12 DOCKWISER

Game ChangerReinventing Onshore Industrial Modular Logistics

13

Game ChangerReinventing Onshore Industrial Modular Logistics

specificationsLength o.a. (meter) 60.00

Length b.p. (meter) 57.60

Breadth moulded / max. (meter) 40.0

Deck space [l x b] (meter) 60 x 40

roro width (meter) 35

Depth (meter) 6

Maximum draft (meter) 5 (sailing)

Deadweight (metric tons) 93.50

type of vessel pontoon

14 DOCKWISER

The challengetoday’s downstream modular transport

methods can be inflexible and costly.

Project managers responsible for

ensuring timely transports of multiple

units often experience schedule

uncertainty. Projects that transport units

from multiple fabrication sites are

additionally complex and require the

maximum flexibility in their module

logistics. Moreover, the use of Heavy

transport Vessels (HtVs) is usually far

from optimal often with vessels lying idle.

In addition, Onshore Industrial Plants are

increasingly being constructed at remote

locations restricted by shallow water,

tough environmental and quarantine

requirements.

The Game changer Dockwise reinvents modular transport

by introducing the Floating super Pallet

(FsP) specialized transport equipment

specifically developed for transports

requiring multiple voyages. the FsP is

an intermediate transportation medium

– based on a ‘piggy back’ rotation

approach – that offers an alternative to

conventional methods of module

transport (cargo loaded directly onto

the deck of the HtV).

Ben van der Hoeven, Area Manager Australia, states:

“ The FSP development reflects Dockwise’s passion for true maritime logistics applied to module transport.”

Dockwise FSP

Dockwise Transporter with 3 FSPs

DOCKWISER 15

Dockwise Transporter empty – FSPs in front of quay

Dockwise Transporter submerged, 1 FSP offboard

“ The innovation is the result of listening to our customer’s needs,” comments Kathryn Lewton-Jones, Director Projects.

In the conventional approach, an HtV

arrives on site to commence the loading

operation. this phase of the transport is

most often inefficient. While the HtV is

idle at the quayside, a peak in man-

hours occurs during the execution of

the loading operation. the same can be

observed at the receiving location.

In the new approach, FsPs eliminate

inefficiencies in resource utilization. In

conjunction with the HtV, multiple FsP

sets are in rotation to transport large

numbers of modules. While one set is

en-route to the destination, the other

two sets are made available for the

loading and discharging operations at

both ends. this ‘drop off & go’ rotation

system minimizes the turnaround time

of vessels and largely reduces waiting

queue problems. In addition, the FsPs

level the peak of costly man hours and

provide project managers with reliable

and predictable executions along with

complete schedule flexibility.

FsP opens new opportunities waiting

for the onshore industrial industry.

16 DOCKWISER

China’s Global Hunt for Energy

Fueling the Dragon:

In the next 25 years, China is expected to account for about 65% of the

world’s oil and about 30% of its natural gas demand growth. Challenge

is to develop or secure the necessary supply to meet this tremendous

demand growth. even with its vast national resources, China is facing

growing energy import dependence as the demand far outweighs the

country’s ability to produce its own supply. In addition, balancing

environmental and economic objectives will continue to burden

Chinese policy makers.

CHiNA FEATuRE

Check our Digital Dockwiser. Go to dockwiser.com

Policy objectivesChina’s prodigious economic growth has led

to a rapid rise in energy demand of all types

over the last decade, driven by China’s

booming heavy industry sector. Concerns

over growing import dependence have

encouraged the government to intensify

domestic exploration and secure long-term

crude oil supply deals from overseas

producers. China’s National Oil Companies

(NOCs) will invest heavily to secure fossil

fuels and focus to build lasting relationships

with highly specialized oilfield service (OFs)

companies with a proven track record.

In order to maximize the domestic resource

potential and to serve the state’s

development objectives, NOCs have been

encouraged to carry out exploration for

hydrocarbons in new areas of the country,

such as in the south China sea (see page 27).

Internationally, China is mobilizing resources

to secure partnerships and contracts mostly

in regions with high potential with

established players.

PartnersChina’s global hunt for energy will surface

challenges for potential partners —

potential tightness in equipment and

skilled labor with a ramp-up in activity, as

well as supply chain challenges. the large

diversified OFs companies heavily involved

in global supply chains and with strategic

partnerships in place are well positioned to

support China reach their oil and gas

ambitions. But there will also likely be room

for the ambitious, smaller, specialized OFs

companies looking to grow internationally.

the right partnerships are key for China to

succeed in the international energy sector.

DOCKWISER 17

18 DOCKWISER

the People’s republic of China (PrC) is the second largest

and most populous country with well over 1.3 billion

inhabitants that occupy a vast and diverse landscape

covering 9.6 million square kilometers, making it the second

largest country by land area in the world. China is a country

rich with history and one of the world’s most ancient

civilizations. the Chinese dynasties—political system based

on hereditary monarchies—date approximately 2000 BC to

the semi mythological Xia Dynasty and ending with the fall

of the Qing Dynasty in 1911 aD.

the first Chinese dynasty that left historical

records, the shang Dynasty, settled along the

Yellow river in eastern China from the 17th

to the 11th century BC. also known as the Yin

Dynasty, the shang Dynasty’s artifacts attests

to a high level of civilization.

the first unified Chinese state was

established by Qin shi Huang of the Qin state

in 221 BC. Qin shi Huang, self-proclaimed

“First emperor”, imposed many reforms

throughout China, notably the forced

standardization of the Chinese language,

measurements and currency.

the subsequent Han Dynasty ruled China

between 206 BC and 220 aD, and created a

lasting Han cultural identity among its

populace that extends to the present day.

the Han Dynasty expanded the empire’s

territory considerably with military

campaigns reaching Korea, Vietnam,

Mongolia and Central asia, and also helped

establish the silk road in Central asia.

under the succeeding tang and song

dynasties, Chinese technology and culture

entered a golden age. the song Dynasty

was the first government in world history

to issue paper money.

History

CHiNA FEATuRE

DOCKWISER 19

shang zhou tang song minghan sui yuanxia qing

2200 BC 1000 BC 0 1000 AD 1500 AD

the Mongol empire Kublai Khan

established the Yuan Dynasty in

1279, which itself was overthrown

in 1368 by Zhu Yuanzhang who

founded the Ming Dynasty. under

the Ming Dynasty, China enjoyed

another golden age, developing one

of the strongest navies in the world

and a rich and prosperous economy.

In 1644, Beijing was sacked by a coalition

of rebel forces led by Li Zicheng, who’s short

lived shun Dynasty was overthrown by Wu

sangui. the Qing Dynasty, which lasted

until 1912, was the last imperial dynasty

of China.

the republic of China was established in

1912 ending Imperial China. this period

was marked with political instability and

civil war.

Mao Zedong proclaimed the People’s

republic of China (PrC) in 1949. Over the

years, the government moved form a

planned economy to a mixed economy

described by the Communist Party of China

as socialism with Chinese characteristics.

China adopted its current constitution on

4 December 1982.

chinese dynasty milestones

20 DOCKWISER

since the late 1970s China has moved from

a closed, centrally planned system to a

more market-oriented one that plays a

major global role. reforms began with the

phasing out of collectivized agriculture, and

expanded to include the gradual

liberalization of prices, fiscal

decentralization, increased autonomy for

state enterprises, creation of a diversified

banking system, development of stock

markets, rapid growth of the private sector,

and opening to external trade and

investment.

During this period, China has implemented

reforms in a gradualist fashion. Foreign

trade was focused upon as a major vehicle

of growth, leading to the creation of special

economic Zones. Inefficient state-owned

enterprises were restructured by

introducing western-style management

systems, with unprofitable ones being

closed outright.

Gross domestic Productthe restructuring of the economy and

resulting efficiency gains have contributed

to a more than tenfold increase in Gross

Domestic Product (GDP) since 1978.

Measured on a Purchasing Power Parity

(PPP) basis that adjusts for price differences,

China in 2010 stood as the second-largest

economy in the world after the us, having

surpassed Japan in 2011. China is second to

the us in the value of services it produces.

still, per capita income is below the world

average.

currency Yuanafter keeping its currency tightly linked to

the us Dollar for years, in July 2005 China

revalued its currency, the Yuan (rMB), by

2.1% against the us Dollar and moved to an

exchange rate system that references a

basket of currencies. From mid-2005 to

late-2008 cumulative appreciation of the

Chinese Yuan against the us Dollar was

more than 20%, but the exchange rate

as of 2012, China has the world’s second-largest economy, totaling

approximately us$7,298 trillion. the road toward world economic power

commenced with post-Mao market reforms, a wide variety of small-scale

private enterprises were encouraged, while the government relaxed price

controls and promoted foreign investment.

2.3% 1.8%1.3%2.0%Q-O-Q

2011 Y-O-Y

9.2%GDP GROWTH (2011)

Economic Growth

DOCKWISER 21

remained virtually pegged to the dollar

from the onset of the global financial

crisis until June 2010, when Beijing

allowed resumption of a gradual

appreciation.

challengesthe Chinese government faces numerous

economic challenges, including: reducing

its high domestic savings rate and

correspondingly low domestic demand;

sustaining adequate job growth for tens

of millions of migrants and new entrants

to the work force; reducing corruption

and other economic crimes; and

containing environmental damage and

social strife related to the economy’s rapid

transformation.

economic developmentthe country’s economic development has

progressed further in coastal provinces

than in the interior, and by 2011 more

than 250 million migrant workers and

their dependents had relocated to urban

areas to find work. One consequence of

population control policy is that China is

now one of the most rapidly aging

countries in the world.

Deterioration in the environment - notably air

pollution, soil erosion, and the steady fall of the

water table, especially in the North - is another

long-term problem. China continues to lose

arable land because of erosion and economic

development. the Chinese government is

seeking to add energy production capacity

from sources other than coal and oil, focusing

on nuclear and alternative energy

development.

In 2010-11, China faced high inflation resulting

largely from its credit-fueled stimulus program.

some tightening measures appear to have

controlled inflation, but GDP growth

consequently slowed to near 9% for 2011.

an economic slowdown in europe has further

dragged Chinese growth in 2012. Debt

overhang from the stimulus program,

particularly among local governments, and a

property price bubble challenge policy makers.

the government’s 12th Five-Year Plan, adopted

in March 2011, emphasizes continued

economic reforms and the need to increase

domestic consumption in order to make the

economy less dependent on exports in the

future. However, China has made only marginal

progress toward these rebalancing goals.

#6

5.3

TRADE VALUE IN USD BLN

TOP 10 EXPORT DESTINATIONS FOR CHINESE GOODS (JUNE 2012)

netherlands #9

3.8russia

#7

4.4india

#10

3.6malaysia

#3

12.4japan

#2

26hong kong

#4

7.9south korea

#8

4.1united kingdom

#5

6.4germany

#1

31.8united states

CHiNA FEATuRE

22 DOCKWISER

China’s global hunt for energy has seen

significant investments in the energy sector,

which now span across continents. In 2005,

China invested in five countries totaling 6.5

billion usD. In five years (2005-2009)

investments rocketed to 192 billion usD

across 50 countries. today, these figures are

well over 250 billion usD.

China’s investment total could be even

higher. Over $60 billion usD in proposed

spending has been rejected by foreign or

Chinese regulators or has failed due to

mistakes by Chinese firms. the China

National Offshore Oil Corporation (CNOOC)

bid in 2005 for unocal, based in the us, for

18 billion usD did not result in anything

tangible for the Chinese offshore giant due

to us political intervention.

However, the number of failed transactions

is decreasing and there are clear signs

Chinese National Oil Companies are

learning to be savvier investors. the

acquisition spree continues as CNOOC’s

proposed $15.1 billion buyout of Canada’s

Nexen is expected to go through pending

the Canadian government’s endorsement.

Top 5 Unsuccessful investment Attempts Investment proposals that did not mature

CNOOC, 2005, 18 billion, unocal

CNOOC, 2006, 16 billion, Company?

CNOOC, 2011, 7.1 billion, Pan american

CNPC, 2011, 5.4 billion, enCana

sinopec, 2007, 3.4 billion, sonagol

source: Heritage Foundation

China’s investment footprint exemplifies their ambition to capture a

piece of international business in the most important sectors. Chinese

state Owned Companies (sOCs) have successfully invested across major

sectors such as energy, mining, transportation and banking.

BRAZIL18.2

AUSTRALIA16.5

CANADA14.0

IRAN13.5

KAZAKHSTAN10.5

Expanding the Energy Investment Footprint

Chinese NOCs becoming savvier investors

DOCKWISER 23

BRAZIL18.2

AUSTRALIA16.5

CANADA14.0

IRAN13.5

KAZAKHSTAN10.5

Top 5 countries invested (Billion USD Dollars) top destinations of Chinese foreign energy sector investments.

DOCKWISER 23

CHiNA FEATuRE

Top 5 Successful investmentsOverview of successful Chinese NOC’s investments.

8 billion USd 7.2 billion USd 7.1 billion USd 5.9 billion USd 4.8 billion USd

China state

Construction

engineering’s

contract with

Nigeria National

Petroleum in 2010.

sinopec’s takeover of

the swiss addax

Petroleum in 2009

(largest overseas

take over by a

Chinese company).

sinopec’s 40% stake

investment in 2010

for Brazilian repsol.

CNPC’s investment

of Cuban

Cuvenpetrol in 2010

sinopec’s 30% stake

investment of

Petrogal Brazil, a

Brazilian subsidiary

of Portugal’s Galp

energia, for

usD 4.8 billion.

24 DOCKWISER

China’s big three energy giants are making moves in 2012 to support the

country’s strategic exploration and Production (e&P) ambitions. China

National Petroleum Corporation (CNPC), China National Offshore Oil

Corporation (CNOOC) and sinopec are all focused to further their

international footprint.

Exploration & ProductionStrategic Trends

2012 e&P trends

• Internationally, China is exploring

more in africa and especially the

americas, including Brazil, the us

and Canada in hopes to exploit the

next big thing.

• Deepwater exploration continues

off China’s immediate home

waters, with assistance from

experienced international

companies to help push forward

China’s deepwater program.

• Chinese Domestic e&P continues

to be one of Beijing’s top growing

energy sectors and will be for the

foreseeable future.

• China has launched into

international shale plays, mostly in

the americas, not only to harvest

hydrocarbons, but also to acquire

technology to use back home.

• China’s involvement in sudan

signifies that Beijing is not shying

away from conflict zones where it

has oil and gas interests.

DOCKWISER 25

cNPc

Headquarters:

Beijing

Turnover:

2,381 billion rMB

Net Profit:

131 billion rMB

Total Assets:

3,028 billion rMB

employees:

1,668,072

cNooc

Headquarters:

Hong Kong

Turnover:

241 billion rMB

Net Profit:

70 billion rMB

Total Assets:

384 billion rMB

employees:

98,750

China National Petroleum Corporation (CNPC) is a world-leading integrated

international energy company with businesses covering oil and gas upstream and

downstream operations, oilfield services, engineering and construction, petroleum

material and equipment manufacturing and supply, capital management, finance

and insurance services, new energy operations.

China National Offshore Oil Corporation (CNOOC) is China’s largest producer of

offshore crude oil and natural gas and one of the largest independent oil and gas

exploration and production companies in the world. The Group mainly engages in

exploration, development, production and sales of oil and natural gas.

Trendsshell and CNPC’s target area is the

Fushun-Yongchuan Block in the sichuan

basin. China likes shell, because it has

effective technology, and it has

experienced good success with the

Dutch giant. they appear to have a

comfortable working relationship. shell

and CNPC discovered shale gas in

sichuan province in December 2011,

and February 2012, shell sold 20% of a

Canadian shale project to CNPC.

China has not allowed foreign

companies or JVs to bid on domestic

shale plays just yet - this according to

May statement by Mr. Li Yuxi, an oil and

gas official with the Ministry of Land

and resources. But partnering with

foreigners, such as shell after domestic

have secured their blocks, seems

permissible.

In sudan, CNPC is in a difficult position.

Four years ago, it owned about 40% of

sudan’s e&P projects, but in July 2011,

when southern sudan seceded from

the rest of the country, CNPC lost

immediate access to about half of

these assets. It now has e&P

infrastructure on both sides of the

border. Making matters worse, in

January 2012, southern sudan shut

down all of its production, claiming

sudan was stealing its oil. China has

committed diplomatic personnel to

both sides of the border to assuage the

situation, but this is an uphill battle.

TrendsCNOOC appears to be eager to secure

a wedge in uganda to infiltrate east

africa, which has been referenced to

have North sea type potential—the

border between uganda and Congo,

alone, has a billion barrels of proven

oil reserves. In early april, CNOOC

announced a PsC with eni China to

exploit south China sea Deepwater

Block 30/27. It’s in the Pearl river

Mouth basin, 500 km southeast of

Hong Kong. Later in april, CNOOC

discovered gas in the Dongfang 13-2

field in the Yinggehai basin of the

western south China sea. In May,

CNOOC found oil at Lunda 21-2 in

Liaodong Bay in Bohai.

Trends of China’s three energy giants

CHiNA FEATuRE

SouthChina

Sea

China’sclaim

Philippines’claim

Vietnam’sclaim

Brunei’sclaimMalaysia’s

claim

CHINA

VIETNAM

PHILIPPINES

INDONESIA

26 DOCKWISER

China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and

petrochemical enterprise group established in July 1998 on the basis of the former

China Petrochemical Corporation. Sinopec Group is a state-owned company solely

invested by the State, functioning as a state-authorized investment organization

in which the state holds the controlling share. Sinopec Group ranked the 5th in

Fortune Global 500 in 2011.

TrendsIn December 2011, sinopec spent usD

2.2 billion buying Canadian based

Daylight energy, which specializes in

exploiting the deep basin of alberta

and northeastern British Columbia.

shortly thereafter in February, sinopic

joined Devon energy in a usD 2.5

billion, one-third interest in five us

shale fields, in places such as Michigan

and Ohio. sinopec continued its buying

spree into March, acquiring 30% of

Petrogal Brazil, a Brazilian subsidiary of

Portugal’s Galp energia, for usD 4.8

billion. this year, sinopec announced it

was expanding its e&P activities by

78.9 billion in 2012, up 19.5 billion

Yuan from 2011.

Sinopec

Headquarters:

Beijing

Turnover:

2,505 billion rMB

Net Profit:

72 billion rMB

Total Assets:

1,130 billion rMB

employees:

377,235

Claims inSouth China Sea ➔

DOCKWISER 27

South China Sea the south China sea is a large collection of mostly

uninhabited islands that are subject to competing

claims of sovereignty by several countries in the

Pacific Ocean. the archipelago borders China,

Philippines, Malaysia, Indonesia, singapore and

Vietnam. these countries have squabbled over the

territories for centuries, but a recent upsurge tension

has sparked concern that the area is becoming a

flashpoint with global concern.

the area is of great economic importance. Besides

being an area home to a nautical highway of

one-third of the world’s shipping vessels, it contains

abundant fishing opportunities and it’s believed to

possess significant oil and gas reserves beneath its

seabed. Due to the wealth of natural resources, all

countries involved are eager to claim sovereignty and

for a good reason. the south China sea is claimed to

hold more than a trillion dollars of economic value.

Fishingthe abundant fishing opportunities within the

region are one of the main motivations for the

sovereignty claims. according to studies made by the

Department of environment and Natural resources,

Philippines, this body of water holds one third of the

entire world’s marine biodiversity, thereby making it

a very important area for the ecosystem. In 1988, the

south China sea is believed to have accounted for 8%

of world fishing catches, a figure that has grown

since then. However the fish stocks in the area are

depleted, and countries are using fishing bans as a

means of asserting their sovereignty claims. Over the

decades, the area has seen frequent clashes in the

region with fishing vessels sailing different flags.

oilthe area is potentially rich in oil deposits. the

Ministry of Geological resources and Mining of the

People’s republic of China estimate that the south

China sea may contain 17.7 billion tons of crude oil

(compared to Kuwait with 13 billion tons). However,

other sources are more conservative in their estimate.

the south China sea is dubbed by China as the

second “Persian sea”.

Shippingthe area is also one of the busiest shipping routes in

the world. In the 1980s, at least 300 merchant ships

navigated the route on a single day. Currently, more

than half the tonnage of oil transported by sea

passes through it, a figure rising steadily with the

growth of Chinese consumption of oil. this traffic is

three times greater than that passing through the

suez Canal and five times more than the Panama

Canal.

In spring 2010, Chinese officials communicated that

the south China sea is “an area of ‘core interest’ that

is as non-negotiable” and on par with taiwan and

tibet on the national agenda. China positions the

south China sea high on their political agenda and

seeks to resolve the maritime dispute through

peaceful bilateral channels.

In summer 2011, China, Brunei, Malaysia, the

Philippines and Vietnam agreed to a set of

preliminary guidelines which would help resolve the

dispute. the agreement was described by China’s

assistant foreign minister, Liu Zhenmin, as “an

important milestone document for cooperation

among China and aseaN countries.”

tensions in the sea have mounted this year, especially

between China and the Philippines on the one hand,

and between China and Japan on the other. although

there has not been a serious armed clash in the sea

since 1988, and none is likely now, there are worries

that in the current climate some low-level

confrontation might escalate by accident. even

though territorial disputes are increasing intensity, a

peaceful resolution is in sight for the nations

involved.

CHiNA FEATuRE

28

China’s globalquest for energy

Project: accommodation unit ‘al Burj’customer: CCCC IsCFrom: sharjah, uae loading date: February 1, 2012To: Jabiru Marine terminal, Bayu-undan-Field, east timordischarge date: February 28, 2012Vessel: Dockwise Mighty servant 3loading/discharge method: Float-on/off

1

Project: 4 sts Container Cranescustomer: CargotechFrom: shanghai, China To: 2 different ports - Pointe Noire & Cotonou, Was loading date: October 14, 2012discharge date: approx. December 5 & 15, 2012Vessel: Dockwise ternloading/discharge method: roll on/off

Project: Jack-up Drilling rig ‘HYsY936’customer: COsLFrom: shanghai, Chinaloading date: July 16, 2012To: Dos Bocas, Mexicodischarge date: september 17, 2012Vessel: Dockwise trusteeloading/discharge method: Float-on/off

2 3

Dos Bocas, Mexico

Pointe Noire & Cotonou, Benin

3

29

as described in this Dockwiser, the China area is a region of interest to

all major companies in the Offshore Industry. Dockwise is also very active

in the field of Heavy Marine transport services, which involves safe dry

transportation of major structures to or from the China region. Below

you can find an overview of recent completed Dockwise projects that

took place in the China area:

1

Project: ‘royal sesa’ floating transfer stationcustomer: sesa Goa LimitedFrom: Jiangyin, Chinaloading date: October 17, 2012To: Mormugao, Indiadischarge date: November 7, 2012Vessel: Dockwise super servant 3loading/discharge method: Float-on/off

Project: Offshore Drilling Platform ‘Kan tan 6’ (round trip)customer: etransFrom: shanghai, Chinaloading date: May 23, 2012To: Korsakov, sakhalin, russiadischarge date: June 17, 2012Vessel: Dockwise trusteeloading/discharge method: Float-on/off

4 5

5

shanghai, China

sharjah, uae

Mormugao, India

Jiangyin, China

Bayu-undan-Field, east timor

sakhalin, russia

2

4

30 DOCKWISER

doing Business in chinaIn China, the government steers business

decision making to align with the country’s

five year plan. to succeed in China, building

trust and relationships are leading and at

times more important than signing a

contract.

Different from the Chinese approach,

Western governments do not directly

influence decision making in the business

community. In Western organizations,

policies, processes and a no-nonsense

attitude dominate the corporate arena.

Over the past decades, not understanding

the cultural and business differences has

led to many undesirable results for

Western and eastern potential partners.

When done well, however, business

ventures have the potential to thrive for all

parties involved.

Bridging culturesLiving half his life in the us and the other

half in China, sheng Zeng understands

business nuances from both eastern and

Western cultures. “We are bridging business

practices and expectations between

Western and Eastern cultures,” claims

Sheng. “Understanding these differences is

critical to succeed.”

Over the years the shanghai office has

recruited a number of local professionals

with an international mindset needed to

reach Dockwise’s ambitions in China.

sheng states, “In order to reach our

strategic objectives in China, we need to

build relationships with the right

companies. These relationships are based on

mutual trust and respect, both of which can

only be cultivated by those who share the

same vision.”

Growthas China has surpassed the us in 2010 as

the number one consumer of energy in the

world, China will need to secure oil and gas

reserves abroad. Chinese National Oil

Companies (NOCs) have a clear vision to

grow their offshore exploration and

development activities. sheng comments,

“Chinese NOCs have an international focus

Building LastingRelationshipsInterview with Sheng Zeng, General Manager China

Go to dockwiser.com to watch the interview with Sheng Zeng.

DOCKWISER 31

and are looking for experienced partners to

help them grow.”

Dockwise is partnering with Chinese

companies in the oil and gas industry to

build a strategic foundation for the years to

come. Dockwise brings its experience in

exceptional transport to the table of which

Chinese partners value. “We excel in an

industry where reliability and executing

safe projects are paramount,” comments

Sheng. “Our proven track record in these

areas is why our Chinese partners

choose Dockwise.”

Many Chinese companies stand to

benefit from our international

experience and commitment to

excellence. With our experience

spanning three decades in

transporting exceptionally large

structures across the world, Dockwise has

established a firm understanding of how to

deliver value to clients. “We are a company

client’s trust when transporting

extraordinary cargo,” states Sheng.

BioSheng Zeng joined Dockwise in

August 2009 as General

Manager China. He brings more

than 10 years’ experience from

the Shaw Group where he held

various management positions

across business development,

engineering, international sales

and project management. Sheng

holds an MBA from the

University of Texas Austin.

32 DOCKWISER

Partnering to SucceedWith a firm understanding of local needs,

Dockwise is building lasting relationships

with Chinese companies in the oil and gas

industry who are looking to work with

specialized oilfield service (OFs)

companies.

Dockwise partnered with COOeC –

subsidiary of CNOOC – to manage the new

HYsY 278, a semisubmersible heavylift

vessel. sheng states, “In this relationship

COOEC stands to gain experience in project

management, engineering and marketing.”

the HYsY 278 is part of a pool of vessels all

of which are managed by Dockwise. “We

are responsible for the commercial success

of the HYSY 278 by offering the vessel to our

established international client base,” adds

Sheng.

Dockwise is working to strengthen

relationships with other Chinese

companies in the oil and gas industries.

“We would like to further strengthen our

relationship with COSL and support their

growth ambitions in overseas markets,”

comments sheng.

chinese Yardsthe Chinese ship building yards are to

experience a boost in growth. these yards are

expected to increase their scope of

responsibility as their capabilities and

knowhow increase over the years to become

world class engineering, Procurement and

Construction (ePC) contractors.

It’s widely believed that in the coming

decade, Chinese yards will catch up with the

Korean yards. some predict it will take

Chinese yards five years to fully embrace and

institutionalize quality management like

their Korean counterparts. Others predict it

may take 10-15 years. “One thing is certain,

Korean yards are reaching capacity and

experiencing bottlenecks of which Chinese

yards stand to benefit,” comments sheng.

the offshore industry is increasingly looking

to Chinese yards as alternatives to the Korean

yards. Chinese yards are said to become more

dominant and take on more responsibilities.

“We have seen how Korean yards took over

ship building from the Japanese in the 80s

and 90s. Nowadays, China is following a

similar cycle and is endowed with greater

access to labor and resources along with

sufficient capacity and vast shoreline,”

states sheng. Chinese yards plan to

differentiate with high-end complex units as

they grow into ePC contractors.

“As Chinese NOCs grow and increase their

exploration and production activities,

Dockwise will continue to support our

partners reach their strategic objectives,”

states sheng.

“ The Oil & Gas industry in China is reaching a turning point. As the country is in need to quench its energy thirst, Dockwise is well positioned to build relationships with Chinese National Oil Companies (NOCs) as they grow internationally,” comments Sheng Zeng.

32 DOCKWISER

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DOCKWISER 33DOCKWISER 33

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031001083 Global Network Adv Dockwiser 175x255mm.indd 1 20-09-12 14:20

34 DOCKWISER

the party’s 2,200 plus delegates from 40

constituencies filed into Beijing’s Great Hall

of the People on November 8th 2012 to

commence the 18th National Congress of

the Communist Party of China. During the

congress, lasting an entire week, party

members were selected to form the Central

Committee, a panel of a few hundred people

that approves leadership positions and sets

broad policy goals.

Xi Jinping and Li Keqiang have been

nominated as the next top two in power

entrusted to lead the country into a new era.

the official ceremony will take place in

March 2013 at the National People’s

Congress, in what would be only the second

orderly transfer of power in 63 years of

communist rule.

though congress and Central Committee

delegates have some influence over

leadership decisions, the real deal-making for

the top positions on the standing Committee

is done behind the scenes by the true

power-holders. the next lineup in China’s

apex of power, the Politburo standing

Committee, includes nine of the most

powerful party members of which seven of

the nine will step down, including Hu, the

party’s former president.

the new leaders of the world’s second largest

economy face daunting challenges, including

efforts to pull the country’s economy into a

recovery from a sharp downturn, territorial

disputes with Japan and other neighbors and

the demands of a new middle class and

millions of rural migrants for a better life.

18th NationalCongress of the Communist Party of China

DOCKWISER 35

36 DOCKWISER

Experience at COOEC company

Born in 1957, Bachelor degree, Majored in

Offshore engineering in tianjin university.

Mr. Zhou XueZhong as CeO of COOeC, has

32 years’ experience in the offshore oil and

gas construction business. since 2007, he

joined COOeC as vice CeO and became CeO

from 2010. Before this, he has held various

management positions in oil and gas

related technical fields.

“I have been in this business for 32 years,

since I graduated from tianjing university

with an offshore engineering degree. I am

so proud I am in this industry which is so

important for our country.”

What achievement are you most proud

during your tenure at COOEC?

I am just a member of the big family of

CNOOC (China National Offshore Oil

Corporation). a lot of jobs are done through

teamwork and I have covered a portion of

these jobs. rather than personal

achievement, I think my job allow me make

contribution to the development of China’s

offshore industry. I feel very lucky to work in

this industry.

the offshore oil and gas industry has been

positioned as one of the most important

industries in China. We have more and

more projects every year, at the same time

we are expanding in the international

market too. I am very positive on the future

of this industry.

在海洋石油工程公司工作的经历中，您值得骄

傲的成就是什么呢？

我是中海油公司大家庭中的一员，诸多的项目都是大家一起合作完成，我只是在其中承担了一部分的工作。谈不上成就，更多的我认为我的工作的意义是为国家的海洋石油开发事业作贡献。我很庆幸能够从事这样有意义和有发展的事业。

我们国家很看重这个产业，工程一年比一年多，国际市场也不断的得到了拓展。我非常看好这个行业。

介绍部分 国籍，教育程度

在海洋石油工程公司的经历

出生于1957年，学历:本科 毕业于天津大学海洋工程专业周学仲先生在海洋石油工程生产经营和现场施工管理方面具有逾30年的丰富经验。2007年8月至2010年10月任海洋石油工程股份有限公司执行副总裁，2010年10月至今任总裁。之前则在海洋石油天然气开发建设的诸多管理工作岗位任职。

“自从天津大学海洋工程专业毕业至今，我已经在海洋石油工程领域工作32年了。我觉得自己的人生很幸运能够从事这样一个对国家来说很重要的行业。”

InterviewMr. Zhou XueZhong CEO of COOEC

introductory questions Nationality, doB, education.

DOCKWISER 37

iNTERviEw

Can you please describe COOEC’s international

ambitions?

COOeC is growing in a virtuous cycle with

increasing market share in the global market

year after year. as a construction engineering

company, we cannot just rely on the domestic

market for growth, but also develop projects in

the international arena. I personally pay a great

deal of attention on the global market.

We are the top one contractor in China in terms

of construction technology, quality and assets.

We are capable of completing independently

the project design, construction, transportation

and installation with our advanced technology

and equipment.

Furthermore, COOeC is looking forward to

growing our knowledge in deep sea projects. In

order to achieve this ambition, we are looking

for experienced partners. We need to learn and

collaborate with them to develop our strength.

What is key for COOEC to succeed in the

international arena?

to be successful in the international market, I

strongly believe that we should strive for

engineering, Procurement and Construction

(ePC) projects. We are very firm on this

direction. In this area, we have achieved some

success in the Middle east and asia Pacific. For

the majority of projects in China, they are all

executed by COOeC. In 2011, China has

achieved an offshore milestone, “Offshore

Daqing ” where COOeC took the principle role

to do the construction.

您能形容一下COOEC在国际市场上的远景

吗？

COOEC逐步走向了一个良性发展的状态，占有的国际市场的生意份额一年比一年大；发展也非常稳健。作为一个工程公司的发展不能仅仅依靠国内市场的需求，还需要拓展国际市场的项目。我非常看重国际市场。

在中国我们的施工技术、质量和资产实力是排全国第一的。我们可以独立完成工程设计、施工、运输安装，包括我们的装备都是属于领先的。

对于深海项目我们在未来还需寻求好的合作伙伴，向他们学习并发展自己在这方面的能力，并和有业绩的工程公司联合来发展自己。

COOEC在 国际市场上获得成功的关键是什

么？

要在国际市场取得成功，我们必须争取EPC总承包项目，我们非常坚持这个发展方向。 我们已经在中东、亚太地区取得了一些项目的成功。中国海域的工程绝大部分都是我们完成。2011年中国实现了海上大庆的里程碑，我们工程公司作出了突出的贡献。

international focus

38 DOCKWISER

How is COOEC dealing with the current

economic difficulties?

We are very optimistic on the future. although

the global economic environment is in some

difficulties, it won’t affect much on the

government’s energy strategy and the

increasing global demand for energy. energy is

indispensable for every industry. From COOeC’s

point of view, our business is growing year

after year. Personally I am confident in the

future of the offshore business.

How do you plan to grow COOEC’s business in

the next five years?

along with the further implementation of

China National energy Development strategy,

the development speed of evolving from

shallow water to deep water will speed up. In

the future, we will develop our capabilities in

deep-sea projects. therefore we should look at

the international market and cooperate with

companies that are experienced in deep-sea

field development.

COOEC是如何应对现今的经济困难的？

我们对前景是非常乐观的。虽然目前在经济大环境上有困难，但是国家的战略发展和国际市场的能源发展是不会受到影响的。因为这是各行各业的发展不可或缺的能源和资源。从海工的角度，我们的业绩是一年比一年高。我本人对海上油气行业一直看好。

在未来5年，您对COOEC的业务有何设想和计

划？

随着国家能源发展战略的进一步落实，从浅海到深海的开发速度会加快。未来我们需要发展深海作业的经验，这就需要我们放眼国际市场，和深海这方面的专业公司合作来发展自己。

Growth during recession

DOCKWISER 39

How do you view the relationship with

Dockwise?

Dockwise is a company with strong

transportation capabilities and unique

experience in heavy marine solutions. Currently

we need their support for our transportation

needs. We have been working together for

more than one year.

What impresses me most on the relationship

between Dockwise and us is that both parties

are very sincere and honest to each other. I

highly appreciate the honesty between our two

organizations which brings smooth

communications and long lasting cooperation.

Dockwise’s expertise is irreplaceable. Its reliable

capability brings higher efficiency and reduces

risks. Dockwise can always reduce the time

needed to successfully execute a project, due to

its decades of experience and advanced project

management system. We can now jointly

tender on projects much like we are currently

doing in a LNG project in australia. Introducing

Dockwise to our client as COOeC’s partner of

transportation will strengthen our power to

win contracts. I believe the synergies that lie in

our partnership will deliver more success in the

international market.

您如何看待与Dockwise的合作关系？

Dockwise是一家实力强大的海上运输公司，有着极难得的海上超大型运输的经验。 我们目前主要是在海上运输方面的合作关系。我们的合作已经有超过一年的时间了。

与Dockwise的合作令我最为赞赏的就是彼此都非常真诚。我觉得我们两家有了这个真诚，沟通就非常好，这样的合作才能是长久。

Dockwise有很好的市场运作的经验，那些经验是无人可取代的，操作能力强，降低了风险，提高了效率。Dockwise可以做到更快将运输任务完成，这是凭借多年来的经验和先进的管理才能做到的。我们还可以合作共同去投标，比如我们现在有一个澳洲LNG项目，我们会介绍Dockwise作为我们的承运商伙伴，这样会增强我们中标的能力。我相信双方协作可以在国际市场上取得更多得成功。

Relationships with dockwise

iNTERviEw

40 DOCKWISER

Game ChangerRedefiningthe Limits of Heavy Marine Transport

41

Game ChangerRedefiningthe Limits of Heavy Marine Transport

specificationsLength o.a. (meter) 275.00

Length b.p. (meter) 270.00

Breadth moulded / max. (meter) 70.00

Deck space [l x b]* (meter) 275.00 x 70.00

Depth (meter) 15.50

Draft submerged at fpp / app (meter) 31.50 / 31.50

Maximum draft (meter) 10.99

Water-depth above main deck fpp / app (meter) 16.00

Deadweight (metric tons) (expected) 117,000

speed (knots) (expected) 14.5

type of vessel type-0

* equipped with movable casings

The challengethe current global fleet of semi-submersible

heavylift vessels (HLV) and barges are not

designed to handle the increased degree of

complexity involved in loading, transporting

and discharging the heavier and larger offshore

structures.

today, loading and discharge operations are

conducted in sheltered locations and executed

in very mild environments. as cargo and vessel

sizes increase, a reduced number of inshore

facilities can receive these larger cargoes and

vessels. thus, demand for loading and

discharge at offshore locations is increasing.

Next to this, offshore field developments are

requiring larger units, such as sPars, tLPs and

seMIs that are often transported separately.

Other units such as FPsOs can only be

transported up to a certain size and are usually

wet towed to their destination. Furthermore, a

significant proportion of FPsOs currently in the

field require some sort of service. these units

are located in remote locations and often lack

support infrastructure.

The Game changer the Dockwise Vanguard is an innovative

semi-submersible heavylift vessel that is

redefining the limits of exceptional heavy

marine transport. the vessel has been designed

to enable operators and contractors consider

opportunities for mega offshore units which

were until now considered unthinkable.

Companies in the oil and gas industry can now

specify much larger and heavier offshore

structures, and these can be integrated at a

single fabrication site. these mega structures

can then be transported onboard the vessel to

remote offshore locations, even in harsh

climates where no commissioning facilities are

available. this feature can help reduce costs

and optimize the overall project. In essence, the

new vessel will play an important role in the

field development philosophy of oil and gas

majors, since it will be capable of transporting

fully integrated mega offshore units.

the vessel’s design is also expected to help

operators and developers create value. With its

42 DOCKWISER

capabilities, timely and risky phases of

offshore projects can be managed prior to

hookup and commissioning. Interface

optimization, higher degree of risk mitigation,

lower insurance premiums, improved schedule

flexibility, and reduced time-to-production – as

well as reduced offshore man-hours – are a

few examples of opportunities. In addition, the

vessel’s advanced technical capabilities enable

it to offer a completely new service: offshore

dry-docking.

Increasingly, FPsOs are being located in remote

areas that lack support infrastructure. In this

circumstance, an offshore dry-docking service

can be specially valuable. the Dockwise

Vanguard’s FPsO dry-docking capacity offers

inspection, maintenance, and repair

opportunities (amongst others) at different

conditional modes. the FPsO could remain

connected to its mooring and turret system

while keeping the riser systems intact, with

the possibility of continuing limited

production. In this scenario, the FPsO will still

be able to freely weathervane around the

turret mooring, with controlled heading made

possible by the vessel’s propulsion system.

DOCKWISER 43

“ The game changing Dockwise Vanguard opens opportunities for mega offshore units, which were until now considered unthinkable,” states André Goedée, CEO Dockwise.“The vessel is designed to transport the larger top-end structures now being used for deepwater development.”

Go to dockwiser.com to watch the timelapse of the construction process.

Safety circle of influenceAt dockwise, we continue find new ways to

enhance safety behavior throughout the

organization. Since our public listing, we have

made significant strides to enhance safety

behavior through various communications

vehicles. we have been successful to effect

change by modeling behavior and integrating

safety at the core of our business. we

understand the importance of safety and do not

compromise on safety. in fact, we take great

lengths to ensure safety is top of mind all the

time.

Our commitment to safety excellence is an

evergreen process. We continuously look for

new initiatives that improve our safety

performance. Most recently, we invited all

management to participate in a specially

designed safety leadership program to further

align the Dockwise safety vision across

departments and regions. this program urged

management to take responsibility for safety.

the principle of this safety program rolled out to

employees, urging them to take responsibility

for their own actions, that of their colleagues

and to ensure a safe working environment for

all. By owning the responsibility for safety,

employees are empowered to extend their

safety Circle of Influence.

We are particularly proud of adopting a new

measure that further soils our safety roots. the

safety starts with You campaign is an another

initiative designed to encourage all employees,

anywhere between management and the

ultimate fiber (hands on deck), to increase their

safety awareness (see page 45).

We advocate ‘safety is a 24 hour responsibility’.

We believe safety should not be just associated

with work. rather, safety should be top of mind:

at home, while exercising, when traveling. as we

approach this high level of safety consciousness,

We are fully convinced we are taking steps in the

right direction.

We continuously look for new ways to not only

communicate, but to also connect employees. We

recently adopted an enterprise social network

with which employees now interact and engage

each other around safety topics, lessons learned

and other initiatives. With this social media

platform, we are moving away from one-way

communication to two-way dialog around safety.

By enhancing our own circle of influence, we

extend our safety responsibility throughout the

organization in an interconnected way.

44 DOCKWISER

safety is a priority within Dockwise and

a pillar of our corporate fabric. at

Dockwise, we believe that all injuries

can be prevented. the world is our

workplace, and we maintain a high level

of focus, awareness, and commitment to

the prevention and awareness of safety

throughout our organization.

therefore we created the Be Smart, Work

Safe program, a multi-phase approach to

safety awareness – both onshore and

offshore – that is culturally inclusive and

applicable and relevant throughout our

organization. the goal of Be Smart, Work

Safe is to further safety awareness and

injury prevention. ultimately we aspire

to change behavior by effective

initiatives and campaigns that are

progressive and measurable.

Be Smart, work Safe Program Pillars

• Lead safety - Dockwise leaders

from executive management and

supervisory staff directly operating

on projects and vessels.

• experience safety - Dockwise

worldwide staff displaying

proactive behavior in and beyond

their day-to-day activities

• sail safety - Masters, officers and

crew onboard Dockwise vessels

working towards enhanced safety

performance

our Golden Rules

1. We know how to react in an

emergency situation

2. We use electrical appliances

responsibly

3. We always use the handrail

4. We point out unsafe situations

and behavior to each other

5. We treat our visitors with care

while keeping our premises secure

At Dockwise, our goal is clear and our message is strong: a zero

accident policy, both on board vessels and in offices. Safety

starts with you.

Be Smart,Work Safe

sAFETy

DOCKWISER 45

Learn more at www.safetyatdockwise.com

46 DOCKWISER

MAsTHEADThe Dockwiser is a publication of the Dockwise Group. For more information, please contact

communication@dockwise.com, www.dockwise.com, +31 (0)76-5484100

PRojecT mANAGemeNT: Daniëlle Biermans

ediTiNG: Jonathan Martinez

ART diRecTioN/ReAlizATioN: The Key Agency coNTRiBUToRS: Dockwise China, Vivian Cai, Ministry of Defence

PRiNTed BY: Bek | Grafische Producties | Crossmedia Solutions PHoToGRAPHY: a.o. iStockphoto,

wORlDwiDE OFFiCEsThe Netherlands, the United States, China, South-Korea, Australia, Brazil, Singapore, Russia, Nigeria,

Mexico, Malaysia and Japan.

NExT issuEAFRiCA

Number 11First Quarter 2013

www.dockwise.com

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