Netherlands-based heavy-lift specialist Dockwise has put in a stronger performance in the third quarter of this year.

Newbuilding Dockwise Vanguard

It reported revenue up at $113m from $109m in the second quarter.

This compares with $108.9 in the third quarter of last year.

Earnings were up from $35.2 in the second quarter of this year to $40.4m in the third.

The company’s CEO André Goedée said: “Under continued difficult market conditions, we have delivered a sound financial performance in the third quarter.”

Between June and September, steel cutting began on Dockwise’s new vessel Vanguard, contracted at Hyundai..

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