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Vosper Thornycroft News

05 Jan 2017

Shaw Takes the Helm at ASRY

Andrew Shaw (Photo: ASRY)

Andrew Shaw has taken up his new position as chief executive at ASRY,  ship and rig repair yard in the Arabian Gulf. Effective January 4,  Shaw will lead the firm as it enters its 40th year of operation. He re-joins the company after previously holding the position of general manager of the ASRY Offshore Services division from 2009 to 2014. Shaw has more than 25 years experience in the global maritime industry. He was most recently group managing director for 2.5 years at a U.K. ship repair and conversion company.

24 Nov 2016

Shaw Appointed Chief Executive, ASRY

ASRY, the leading ship and rig repair yard in the Arabian Gulf, has announced that Andrew Shaw will be the new Chief Executive of the shipyard, effective early January 2017. He re-joins the company after previously holding the position ofGeneral Manager of the ASRY Offshore Services division from 2009 to 2014. ASRY Chairman, Shaikh Daij Bin Salman Al Khalifa, confirmed the selection: “With the current challenges facing the Middle East ship repair market, we were looking for a candidate that would bring not only relevant industry experience, but also a proven track record of good leadership, as well as a dynamic hands-on approach to facing the challenges in our future. Shaw has more than 25 years experience in the global maritime industry.

04 Nov 2008

SpecTec New Yacht Projects

AMELS’ 171 semi-custom mega yacht series.

SpecTec has been contracted for the delivery of a comprehensive IDEA management software system to M/Y Slipstream and sister vessel M/Y Cloud Nine. Both vessels are currently under construction at CMN shipyard in Cherbourg, France and are due for delivery in February and June 2009 respectively. SpecTec has been contracted for the delivery of a comprehensive IDEA management and documentation system to the next two vessels of AMELS’ 171 semi-custom mega yacht series. Both vessels are currently under construction at the yard’s Vlissingen facility and will be delivered mid 2009.

08 Oct 2001

Now the Carousel Ship

Technical proposals for the shipment of natural gas under compression rather than in the refrigerated, liquefied state have surfaced from time to time over the years, but have received a lukewarm response from the marine industry. The considerable cost of the shipboard containment methodology has been a major stumbling block. Now, a Canadian engineering contractor has come up with an altogether more economic solution to the cargo carrying needs of compressed natural gas (CNG), and pitched at relatively short-distance sea transport applications. Instead of the prohibitively expensive pressure bottles that have earlier been central to CNG transport concepts…

02 Nov 2001

Vosper Thornycroft Will Pay For Griffin Services

Vosper Thornycroft Holdings announced that they will pay $19 million for the Atlanta-based Griffin Services Inc. In an effort to expand to the U.S., the British naval shipbuilder and defense service, Vosper Thornycroft will pay $12 million more depending on Griffin’s performance. The privately-held Griffin, with an order book totaling over $300 million, operates at military sites across the U.S.

11 Dec 2001

VT Acquires Merlin Communications

Vosper Thornycroft (VT) announces that it has agreed to acquire Merlin for approximately $136 million USD ($94 million GBP). Merlin’s principal business is the facilities management of communications operations, primarily for the BBC in relation to the BBC World Service and for the Ministry of Defense (MOD). It also operates a global short wave and medium wave transmission network. Merlin will complement and extend VT’s existing skills and experience in the provision of technical services and is and important step towards VT’s target to more than double turnover from its support services business over the next 3 financial years. For the year ended March 31, 2001, Merlin reported operating profit, excluding a business to be discontinued, of $7.2 million on turnover of $74.6 million.

22 Apr 2002

Wynn to Supply Offshore Patrol Vessels

Wynn marine has won the contract to supply the window wiper systems for three offshore patrol vessels (FOPV) currently under construction at Vosper Thornycroft, UK. The contract is to supply 13 Type C Straight Line Wipers to each vessel, which will be operated by the Wynn Series 2000 Controller. The Type C offers the most advanced design of linear action window wiping systems available and is one of the most popular systems in the world for providing clear viewing areas for commercial, naval and fishing vessels. Construction of the first of the three River Class FOPV's commenced at Vosper Thornycroft's Woolston shipyard in May 2001 and the first vessel will enter service with the Royal Navy in November 2002.

14 May 2002

VT: Business is Profitable

It appears that the trend toward consolidation and acquisition can be profitable, at least in the case of British shipbuilder Vosper Thornycroft Holdings Plc, which reported to a wire service today that it expects revenue and operating profits to rise by 15-20 percent in the current year, in large part due to acquisitions. The company reportedly expects a rise in pre-tax profit in the year to March 31. U.S.-based Griffin Services Inc. -- a military facilities manager -- was among the company's six acquisitions last year. In addition to financial news, the company said that Paul Lester, the group managing director of construction and infrastructure group Balfour Beatty Plc, would replace veteran Chief Executive Martin Jay on July 1.

13 May 2002

Halmatic to Supply Patrol Boats

U.K. boatbuilder Halmatic, part of the Vosper Thornycroft Group, has recently secured a contract to build 20 Halmatic Cougar Enforcer 33 Ultra Fast Patrol Boats for the Royal Oman Police Coastguard. The new craft are to be used for coastal patrol and interception duties along Oman’s coastline. The new patrol boats are based on the Cougar 33 raceboat deep “Vee” hull form. Powered by twin Yanmar inboard marine diesels driving Hamilton waterjets the boats will achieve service speeds in excess of 45 knots. This contract is the first major overseas success for the Halmatic Cougar Alliance, launched in 2001 to design, market and manufacture the Cougar range of ultra fast patrol boats. There are three versions of the Halmatic Cougar Enforcer craft, between 33 ft.

09 Jun 2000

Trimaran Demonstrator Progressing At VT

A new shape in navy warships is quickly taking shape in the U.K., as Vosper Thornycroft (VT) has completed structural work on the 321 ft. (98 m) Trimaran Warship demonstrator being built for the U.K.'s Defense Evaluation and Research Agency (DERA). The upper bow structure, weighing approximately 25 tons, was maneuvered into position on the RV Triton, which is scheduled for launching this month. The ship will be delivered to DERA in August before starting the initial phase of a trials program that will determine whether trimaran hulls will be considered for the Royal Navy's Future Surface Combatant. BT has built the ship using mega-blocks weighing up to 200 tons each. Five mega blocks have been fabricated and extensively fitted out before consolidation.

17 May 2000

Vosper Profits Up, Order Book Filling

UK shipbuilder Vosper Thornycroft Holdings Plc, reporting a three percent rise in annual profits, said it would soon have an order book in excess $1.5 billion. Pre-tax profits before goodwill climbed to $53.7 million for the year to March 31, up from $52.6 million the year before, on turnover of $419.2 million. The results reflected a successful diversification strategy, Vosper said, in reference to its expansion into new markets and reduced dependence on large - but infrequent - warship contracts. Some 67 percent of its turnover is now unrelated to new ship contracts. In addition to building warships for the British Ministry of Defense, Vosper has developed a strong support services division, which now accounts for over 40 percent of group sales.

21 Jun 2000

Vosper Thornycroft Wins Warship Contract

Vosper Thorneycroft has won a $205 million British government contract to build two new specialist warships, safeguarding 800 jobs at the Appledore Shipyard. The multi-role Hydrographic and Oceanographic survey vessels are due to enter service in 2002 and 2003. The new 3,500 ton ships will be equipped with the latest survey systems, including multi-beam echo sounders and modern side sonars as well as advanced navigation and communications systems.

18 Aug 2000

Vessel Focus: Patrol Boats

Halter Marine has answered the call from the Venezuelan Navy for a variety of patrol boats. The company recently delivered four 80 ft. (24.3 m) boats to the country's government, which completes the contract for the design and construction of 12 total vessels in this size range. Designed for high speed operations in coastal and riverine environments, the vessels will be used for a variety of patrolling efforts in Venezuelan territorial waters, specifically to counter illegal drug traffic, provide search and rescue assistance, and disaster relief. Powered by a pair of Detroit Diesel marine engines, the vessels will have a range of 1,000 nm and a maximum speed of 25 knots. Halter also supplied the last two 54 ft. patrol boats for the Venezuelan National Guard.

20 Jul 2000

VT Secures Major Share

Vosper Thornycroft (VT) is scheduled to play a significant role in the design and construction of the initial batch of Type 45 destroyers for the Royal Navy. VT will share in the design and production of the first three ships as well as the assembly of the second ship, which will be named HMS Dauntless. The company is currently working with the prime contractor BAE Systems on the design of the new class. Production work will commence in early 2002, with the second ship, to be assembled by VT, delivered to the Royal Navy in 2009.

14 Jul 2000

Vessel Focus: Navy Boats

Halter Marine has answered the call from the Venezuelan Navy for a variety of patrol boats. The company recently delivered four 80 ft. (24.3 m) boats to the country's government, which completes the contract for the design and construction of 12 total vessels in this size range. Designed for high speed operations in coastal and riverine environments, the vessels will be used for a variety of patrolling efforts in Venezuelan territorial waters, specifically to counter illegal drug traffic, provide search and rescue assistance, and disaster relief. Powered by a pair of Detroit Diesel marine engines, the vessels will have a range of 1,000 nm and a maximum speed of 25 knots. Halter also supplied the last two 54 ft. (16.4 m) patrol boats for the Venezuelan National Guard.

14 Nov 2000

Vosper Thornycroft Experiences Higher Earnings

British shipbuilder Vosper Thornycroft Holdings Plc said on Tuesday profits before tax and goodwill rose 14 percent to $27 million in the six months to September, on turnover up 40 percent to $248.5 million. The company said in a statement its order book was worth a record 1.25 billion pounds ($1.7 billion), which "reflects a significant forward workload". Earnings per share rose eight percent to 36.3 pence ($0.51), out of which a 10.5 pence interim dividend, 7.7 percent higher, will be paid.

20 Sep 2000

Trimaran Delivered Two Months Early

The development of the unique trimaran warship reached perhaps its most significant milestone when the demonstrator, RV Triton, was delivered two months early by Vosper Thornycroft. The ship took just 20 months to build despite an unprecedented number of challenges in building the advanced 97 m ship. It will start 18 months of trials in October. Approximately 500 sensors will monitor the stresses and performance of the hull form as the Triton, whose crew will include up to 12 scientists, undergoes a demanding trials program in European and Atlantic waters, trials which will also involve the U.S. Naval Sea Systems Command (NAVSEA). The slender hull form with its outriggers is designed to significantly reduce drag over an equivalent monohull…

12 Oct 2000

Vosper Thornycroft To Move Shipbuilding Work

Vosper Thornycroft Holdings Plc hopes to move its shipbuilding operations to Portsmouth from Southampton, including its work on the Royal Navy's new destroyer. The company said it had compared the merits of Portsmouth Naval Base and its current shipyard at Woolston, Southampton and that greater space at Portsmouth gave it clear advantages. "Portsmouth is our preferred location, but any move will be subject to successful negotiations with the Ministry of Defense for the lease of land and securing the short-term and long-term shipbuilding contracts that we need," Vosper chief executive Martin Jay said in a statement. Any short-term work would continue to be carried out at Woolston until 2003.

03 Oct 2000

Vosper Thornycroft May Have To Lay Off 650

Vosper Thornycroft Holdings Plc said on Tuesday it may have to make up to 650 people redundant due to a shortage of short-term shipbuilding production work. Vosper said the redundancy notices would not take effect until early next year and would only come into force if the company was unable to secure additional work. "We are taking this action as a precautionary measure. No company can keep people employed indefinitely on maintenance and other temporary work without damaging its overall prospects," Chief Executive Martin Jay said in a statement. Vosper's current seven-ship contract for Royal Navy minehunters was now nearing an end, and was insufficient to provide work for the 1,200 workforce before the beginning of a new order, for Type 45 destroyers, announced three months ago.

20 Feb 2001

ABB to Supply Azipod Systems to Royal Navy

ABB has signed a contract with Appledore Shipbuilders, U.K. to supply the electric power plants and Compact Azipod propulsion systems for two survey vessels for the Royal Navy. The vessels, which are scheduled for delivery in 2002 and 2003, will be supplied under a contract with Vosper Thornycroft (U.K.) acting as prime contractor for the U.K. Ministry of Defence, which includes provision of support for 20 years. The ABB package for the vessel pair will include generators for the main power plant and two PWM DTC-controlled Compact Azipod units rated at 1,700 kW each. The new system, which has never before been featured on a Royal Navy vessel…

20 Feb 2001

British Builders Battle For Contracts

BAE Systems Plc is engaged in a bitter fight with naval shipbuilder Vosper Thornycroft to secure the contract to build all 12 of the Royal Navy's new Type 45 destroyers, the Financial Times reported. The BAE is said to have offered to leave the field clear for Vosper in warships less that 85 m long, but the Hampshire shipbuilder has secured the backing of a group of MPs in the interest of preserving competition in U.K. warship building. Defense Secretary Geoff Hoon said last July that two of the first three destroyers would be built by BAE and one by Vosper, but is now considering BAE's bid to take on all 12. Vosper made 650 staff redundant in December after the contract for the design and construction of the Type 45 destroyer was delayed. - (Reuters)

18 Mar 2001

UK Hopes Navy Deal To Save Navy Jobs

The U.K. Ministry of Defense hopes a new contract with naval shipbuilder Vosper Thornycroft would save 450 workers from the company's planned 650 job cuts announced in December. Vosper Thornycroft is building three offshore patrol vessels at its Southampton, southern England, shipyard for the Royal Navy. The vessels will replace existing ships involved with protecting fishing regulations. "Construction of the vessels is expected to safeguard around 450 jobs at Vosper Thornycroft's Southampton shipyard," the Ministry of Defense said in a statement. A spokesman for Vosper said the contract would be worth around 60 million pounds ($86.03 million) in total. Contract negotiations are expected to be finalized next month.

16 Mar 2001

UK Hopes to Save Shipbuilding Jobs With Navy Deal

The U.K. Ministry of Defense said it hoped a new contract with naval shipbuilder Vosper Thornycroft would save 450 workers from the company's planned 650 job cuts announced in December. Vosper Thornycroft is building three offshore patrol vessels at its Southampton, southern England, shipyard for the Royal Navy. The vessels will replace existing ships involved with protecting fishing regulations. "Construction of the vessels is expected to safeguard around 450 jobs at Vosper Thornycroft's Southampton shipyard," the Ministry of Defense said. A spokesman for Vosper said the contract would be worth around $86.03 million in total. Contract negotiations are expected to be finalized next month.

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