UK Hopes to Save Shipbuilding Jobs With Navy Deal

Friday, March 16, 2001
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. UK Defense Procurement Minister Elizabeth Symons visited the Southampton shipyard, and said the Vosper deal would allow the Navy to save about 10 million pounds over the next few years. Symons said in a statement the Vosper contract would lead to fewer crew working on offshore patrol duties, but a Royal Navy spokesman said there would be no job cuts in this area. - (Reuters)

People & Company News

MN100: Pacific Power Group

The Company: Established in 1958, Pacific Power Group has been a trusted partner for the marine power needs of the Western U.S. for more than 50 years. PPG provides

3sun CEO Chairs Offshore Wind SIG

3sun Group, specialist provider of products and services to the global energy industry, is reinforcing its ongoing commitment to the offshore wind industry with

Hanjin Shipping to File for Court Receivership

South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for court receivership after lenders halted all support, says a report in Bloomberg.

Navy

Long Beach Port Acquires 125 Acres for Cargo Ops

U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval

China to Supply Pakistan With 8 New Stealth Attack Submarines

The Chinese government will supply eight modified diesel-electric attack submarines to Pakistan by the year 2028, reports Sputnik.  Four of the subs would be

North Korea Test Fires Submarine Missile

North Korea test fired a submarine-based ballistic missile (SLBM) from its east coast on Wednesday, CNN reports quoting South Korean authorities.   The missile

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.0822 sec (12 req/sec)