Marine Link
Saturday, October 1, 2016

Troubled Yard Ordered to Hand Over Ship

July 13, 2006

It has been reported that the shipbuilder Swan Hunter will be ordered to hand over its last remaining warship - which will then be completed at a rival yard in Scotland. The Royal Fleet Auxiliary vessel, the Lyme Bay, will be handed over to BAE Systems (BAESY) at Govan, in a move which is feared could spell the end of shipbuilding at Swan Hunter. The MoD, had become increasingly concerned about the spiralling costs of the dock landing ship contract. Swan Hunter was forced to renegotiate its 160m contract with the Government at the end of 2004 following problems adaptation an off-the-shelf design for the Largs Bay and Lyme Bay vessels. Source: The Northern Echo


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News