Jobs Set to be Cut by Vosper

Thursday, January 11, 2007
According to The News, Portchester-based VT Halmatic has told workers that up to 130 of the 270 workforce could be made redundant. The business has been under threat for some months and has now announced it is to cut costs by making fewer types of boats and reducing the workforce. Letters have been sent out to the threatened workers which gives them options to apply for jobs elsewhere in the VT Group. Company officials said, following a decline in orders for some Ministry of Defense and commercial craft, we have undertaken a strategic review that will result in us exiting some product lines and restructuring the business.

VT Group has been reviewing the Halmatic site in recent months. Part of the site is in the process of being sold off to developers, possibly for housing, with the future of the rest of the site unclear. One option could be to move VT Halmatic to the naval base alongside VT Shipbuilding and sell the land off for housing. Talks are currently taking place with the union. Defence economics expert at the University of Portsmouth, Dr Michael Asteris, said the loss of jobs was a problem specific to VT Halmatic and the competitive industry it was in, and not VT Group as a whole. Source: The News

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

KEP Marine Unveils KMGBL

KEP Marine – the manufacturer of type approved displays, computers and peripherals, announced  the release of the affordable, high-quality KMGBL Glass Bridge Light Displays.

New Load Measurement Solution for Port of Dampier

Strainstall designs and delivers a load measurement solution for the world’s largest floating wharf at Port of Dampier.   Strainstall, part of James Fisher and Sons plc,

Rolls-Royce Power Package for USS Zumwalt

Rolls-Royce announced delivery of the twin fixed pitch propellers to Bath Iron Works for installation on the U.S. Navy’s most modern surface combatant, the future USS Zumwalt,

Coast Guard

Diesel Spill in Houston Ship Channel

A small section of the Upper Houston Ship Channel was closed Tuesday morning after a report of 1,000 gallons of diesel entered Greens Bayou from a cement facility, the U.

China's Navy Drills in South China Sea

China said it conducted air and sea drills in the South China Sea on Tuesday as it stakes an increasingly assertive claim to virtually the whole sea despite rival claims by neighbours.

CMMI’s Maritime Potpourri Focuses on Raising the Bar

The growing popularity of “Maritime Potpourri” Conference organized by the Company of Master Mariners of India (CMMI) was evident yet again on 25th July, 2015

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2067 sec (5 req/sec)