VT Group Signs $600m Oman Ship Contract

Tuesday, January 16, 2007
VT Group (VT), the Support Services and Shipbuilding Company, has signed a contract with the Government of Oman to supply three Ocean Patrol Vessels (OPVs) for the Royal Navy of Oman. Work will start immediately on the programme with the first of the ships, which are approximately 100 metres in length, scheduled for hand-over in early 2010 and the subsequent ships at six-month intervals. The programme is valued at around £400 million over a five-year period, including initial support. VT Group Chief Executive Paul Lester commented: “This is a major export success for the UK and maintains the long and successful relationship we have had with the Royal Navy of Oman over the past 25 years. These ships will be the most advanced of their type in the world when they are completed. “The program will supplement our work on the Royal Navy’s Type 45 destroyer and will ensure that our shipbuilding division has a very healthy workload for the next five years.”
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Northrop Grumman Navigation Systems for Canadian Navy

Northrop Grumman Corporation's Sperry Marine business unit has been selected to design and supply gyrocompass navigation systems for 12  Kingston Class coastal

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

News

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

Baltic Index Flat on Muted Shipping Activity

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained flat on Monday on muted shipping activity.   The overall index,

Cashman Continues to Expand US Northeast Barge Fleet

Cashman Equipment Corp. announced the continuing expansion of its U.S. Northeast barge and crane fleet for the marine construction market.   Over the past year,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Ship Electronics 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: 0.1317 sec (8 req/sec)