Marine Link
Thursday, September 29, 2016

UK Consortium Scraps Portsmouth Dockyard Plan

August 12, 2014

Portsmouth Naval Shipyard: File photo

Portsmouth Naval Shipyard: File photo

Portsmouth Shipbuilding Group was set up in the wake of the decision made by BAE Systems (BAESY) last year to relocate its shipbuilding division to the Clyde, in Scotland, a move that put hundreds of jobs at risk, reports ‘The [Portsmouth] News'.

But the project needed £100m of government money to get off the ground, and as no commitment was made by ministers that the cash or another Offshore Patrol Vessel [order] would come to light, it never happened.

Now the workforce, which also included Aurora Ventures, Ecospeed Marine Ltd, Offshore Expeditions, and Burgess Marine, has decided the dream is over and has disbanded, says 'The News'.

In a statement issued through Facebook (FB), the group said: ‘After 10 months of lobbying the government and local council, we have ended our bid to continue shipbuilding in Portsmouth.’

Source: ‘The [Portsmouth] News
 



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News