VT Secures Major Share

Thursday, July 20, 2000
Vosper Thornycroft (VT) is scheduled to play a significant role in the design and construction of the initial batch of Type 45 destroyers for the Royal Navy.

VT will share in the design and production of the first three ships as well as the assembly of the second ship, which will be named HMS Dauntless. The company is currently working with the prime contractor BAE Systems on the design of the new class. Production work will commence in early 2002, with the second ship, to be assembled by VT, delivered to the Royal Navy in 2009.


Contracts

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Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

J.F. Lehman Acquires Oldenburg's Heavy Equipment Group

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New Crane Orders for Huisman

Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: •

 
 
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