Bermuda-based marine contractor Dockwise Ltd. has signed a number of new contracts for drilling equipment and one for a yacht hotel.

The company said seven new contracts have been awarded to its subsidiary Dockwise Shipping in the past few weeks for the transportation of drilling rigs, barges and dredging equipment.

Dockwise Shipping will transport the drilling rig Transocean Nordic, as well as three loads of barges, a yacht hotel and two loads of dredging equipment in 2008.

The total value of the contracts is more than $30 million and all contracts will be carried out in 2008.