Cammell Laird Close To Luxus Cruise Ship Contract

Thursday, November 02, 2000
Cammell Laird Holdings, which has been a strong shipbuilding and repair success story for several years, announced that it was to build two cruise ships, breathing further life into the struggling U.K. shipbuilding industry. Cammell Laird, however, said the contract with Luxus (UK) Ltd. for two 28,000-ton ships was conditional on the go-ahead from the UK government and Shipbuilding Intervention Funding, as well as ship mortgage finance guarantees to Luxus's bankers. The deal could be worth a reported $497.9 million, with the work expected to be shared between Merseyside in the northwest, Teeside and Tyneside in the northeast and Gosport on the south coast. Cammell Laird lost out last month on orders for six army roll-on roll-off transport ships. But things have started to look up for shipyards across Britain, with the government showing a determination to sustain what is left of the industry. Although four of the RoRo transport ships will be built by the Flensberger yard in Germany, the remaining two will be built at Belfast's Harland & Wolff yard, owned by Norway's Fred Olsen Energy. However, at the same time as announcing the RoRo orders, Britain's defense secretary Geoff Hoon also threw a 300 million-pound lifeline to two of Britain's oldest shipyards in England and Scotland. Hoon placed orders for four amphibious landing ships, to be split between the Dutch-owned Swan Hunter yard in northeast England, and the Govan yards in Glasgow.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

MHI: Notice of Absorption-Type Split Agreements

MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two

Ports

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

 
 
Maritime Security Maritime Standards Navigation Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.2198 sec (5 req/sec)