If Portsmouth, UK, Shipyard Closes, 4,000 Jobless

The News, Portsmouth
Friday, June 29, 2012

Almost 4,000 jobs would be lost if shipbuilding were to be axed at Portsmouth dockyard, according to a new report published

The study, reported in 'The News' by Chris Broom,  was commissioned by local council and business leaders to examine three alternative futures for Portsmouth Naval Base at a time when its shipbuilding future is in doubt.

In the worst case scenario, if BAE Systems was to pull out, it would have a massive knock-on effect on the area – resulting in huge job losses, and a hit to the region’s economy of £370m a year.

BAE employs 1,500 ship builders in Portsmouth and a further 1,500 people working on the maintenance and repair work it does for the navy’s surface fleet.

But the report – commissioned by the Partnership for Urban South Hampshire (PUSH), the Solent Local Enterprise Partnership (LEP) and University of Portsmouth – looks at the wider impact on the area, and shows how the region would be hit if the shipbuilding firm was to pull out of Portsmouth.

The naval base overall generates annually £1.68bn for the local economy and supports nearly 20,000 jobs across south Hampshire, with 11,900 of those jobs in the base itself.

The report makes clear: ‘Any change that impacts directly on the base is likely to have consequences throughout the (local) economy, even for sectors that are not commercially connected to it.’

 Cllr Sean Woodward, chairman of PUSH, a body made up of local councils, hoped the report would make it clear to the government – and BAE – how crucial shipbuilding was to the local economy.



 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

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

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

Thai Navy Lobbies for More Submarines

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries.   The assistant commander made the claim aimed at persuading

News

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.

Cruise Industry Wins Key Norovirus Judgment

In what is being seen as a landmark decision, Hill Dickinson is the first law firm to have successfully defended a UK class action case involving a Norovirus outbreak onboard a cruise liner.

South China Sea Hotline in the Works

China and Southeast Asian nations have agreed to set up a foreign ministers' hotline to tackle emergencies in the disputed South China Sea, a senior official of

 
 
Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators 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: 0.1554 sec (6 req/sec)