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Saturday, October 21, 2017

Vosper Thornycroft

Vosper Thornycroft Will Pay For Griffin Services

Vosper Thornycroft Holdings announced that they will pay $19 million for the Atlanta-based Griffin Services Inc. In an effort to expand to the U.S., the British naval shipbuilder and defense service, Vosper Thornycroft will pay $12 million more depending on Griffin’s performance. The privately-held Griffin, with an order book totaling over $300 million, operates at military sites across the U.S.

UK Hopes to Save Shipbuilding Jobs With Navy Deal

The U.K. Ministry of Defense said it hoped a new contract with naval shipbuilder Vosper Thornycroft would save 450 workers from the company's planned 650 job cuts announced in December. Vosper Thornycroft is building three offshore patrol vessels at its Southampton, southern England, shipyard for the Royal Navy. The vessels will replace existing ships involved with protecting fishing regulations. "Construction of the vessels is expected to safeguard around 450 jobs at Vosper Thornycroft's

UK Hopes Navy Deal To Save Navy Jobs

The U.K. Ministry of Defense hopes a new contract with naval shipbuilder Vosper Thornycroft would save 450 workers from the company's planned 650 job cuts announced in December. Vosper Thornycroft is building three offshore patrol vessels at its Southampton, southern England, shipyard for the Royal Navy. The vessels will replace existing ships involved with protecting fishing regulations. "Construction of the vessels is expected to safeguard around 450 jobs at Vosper Thornycroft's

Vosper Thornycroft May Have To Lay Off 650

Vosper Thornycroft Holdings Plc said on Tuesday it may have to make up to 650 people redundant due to a shortage of short-term shipbuilding production work. Vosper said the redundancy notices would not take effect until early next year and would only come into force if the company was unable to secure additional work. "We are taking this action as a precautionary measure. No company can keep people employed indefinitely on maintenance and other temporary work without damaging its overall

Vosper Thornycroft To Move Shipbuilding Work

Vosper Thornycroft Holdings Plc hopes to move its shipbuilding operations to Portsmouth from Southampton, including its work on the Royal Navy's new destroyer. The company said it had compared the merits of Portsmouth Naval Base and its current shipyard at Woolston, Southampton and that greater space at Portsmouth gave it clear advantages. "Portsmouth is our preferred location, but any move will be subject to successful negotiations with the Ministry of Defense for the lease of land and

Vosper Thornycroft Experiences Higher Earnings

British shipbuilder Vosper Thornycroft Holdings Plc said on Tuesday profits before tax and goodwill rose 14 percent to $27 million in the six months to September, on turnover up 40 percent to $248.5 million. The company said in a statement its order book was worth a record 1.25 billion pounds ($1.7 billion), which "reflects a significant forward workload". Earnings per share rose eight percent to 36.3 pence ($0.51), out of which a 10.5 pence interim dividend, 7.7 percent higher, will be paid

Vosper Thornycroft “Preferred Bidder” For New Ship Contract

U.K. shipbuilder Vosper Thornycroft Holdings Plc has been selected as preferred bidder by the Ministry of Defense to supply two survey ships in a deal worth up to $150 million. "Our selection as preferred bidder is recognition of our expertise in the U.K. and overseas as a prime contractor," Chief Executive Martin Jay said in a statement. The 90-m vessels are due for delivery in 2002 and Vosper anticipates signing the contract by early summer

Vosper Profit Up Eight Percent

Vosper Thornycroft Holdings Plc, Britain's second biggest warship builder, reported an increase in pretax profit of 8.2 percent to $25.9 million in the six months ending Nov. 11. The company raised its interim dividend 8.3 percent. Turnover and operating profits are both up 23 percent.

Vosper To Enter Negotiations For Fast Attack Craft

Vosper Thornycroft (VT), has been selected to enter contract negotiations with Elefsis Shipbuilding and Industrial Enterprises for the supply of three 203 ft. (62 m) fast attack craft to the Hellenic Navy. With negotiations beginning soon, work is expected to start early next year with VT providing design, construction support and the ship's equipment to Elefsis in a contract worth about $331 million. The initial requirement is for a trio of craft with a possible follow-on order of at least

Wynn to Supply Offshore Patrol Vessels

Wynn marine has won the contract to supply the window wiper systems for three offshore patrol vessels (FOPV) currently under construction at Vosper Thornycroft, UK. The contract is to supply 13 Type C Straight Line Wipers to each vessel, which will be operated by the Wynn Series 2000 Controller. The Type C offers the most advanced design of linear action window wiping systems available and is one of the most popular systems in the world for providing clear viewing areas for commercial

HOSTAR Moves WWII PT Boat

Photo: HOSTAR Marine

PT-728, one of the few remaining examples of the torpedo-armed fast attack craft that helped America win WWII, is no ordinary boat. To help move the vessel carefully, HOSTAR Marine used a hydraulic yard trailer. Portraying various sister boats, PT-728 has played a starring role in numerous movies and documentaries, most famously as PT-73 in the television show McHale's Navy. She is the only U.S. Coast Guard-inspected PT boat licensed to take passengers for hire

Maritime Partner Reaches Vessel Landmark

Photo courtesy of Maritime Partner

Norway's Maritime Partner is set to reach a landmark in its history as it completes the construction of its 2000th vessel since founding in 1994. Maritime Partner CEO Peder Myklebust said the Aalesund based company is ‘immensely proud’ that its 2000th boat will be delivered to its long standing client and fellow Norwegian company the shipbuilder Kleven. The 2000th boat is part an order Kleven placed in December 2014 for six Seabear 23 MkIIIs and six Macgregor AC38 davits

Shaw Appointed Chief Executive, ASRY

Andrew Shaw  Photo ASRY

ASRY, the leading ship and rig repair yard in the Arabian Gulf, has announced that Andrew Shaw will be the new Chief Executive of the shipyard, effective early January 2017. He re-joins the company after previously holding the position ofGeneral Manager of the ASRY Offshore Services division from 2009 to 2014. ASRY Chairman, Shaikh Daij Bin Salman Al Khalifa, confirmed the selection: “With the current challenges facing the Middle East ship repair market

Shaw Takes the Helm at ASRY

Andrew Shaw (Photo: ASRY)

Andrew Shaw has taken up his new position as chief executive at ASRY,  ship and rig repair yard in the Arabian Gulf. Effective January 4,  Shaw will lead the firm as it enters its 40th year of operation. He re-joins the company after previously holding the position of general manager of the ASRY Offshore Services division from 2009 to 2014.   Shaw has more than 25 years experience in the global maritime industry. He was most recently group managing director for 2.5 years at a U

Lloyd’s Register Awarded Destroyer Construction Services Contract

Lloyd’s Register has won a contract to provide classification services for the first six of the UK Royal Navy’s Type 45 destroyer, all to be built under survey in accordance with Lloyd’s Register’s Rules and Regulations for the Classification of Naval Ships. The contract was signed on July 2, 2003 at the prime contractor BAE Systems’ office in Filton, Bristol, UK by Martin Robinson, Head of Procurement, Combat Systems, for BAE Systems and Dave Philip, Lloyd’s Register’s Type 45 Project Manager

BAE to Secure Carrier Contract

According to reports, BAE Systems is set to secure a $4B carrier contract. BAE, which operates Clydeside yards at Govan and Scotstoun, has not won back the prized prime contractor role it controversially lost last year, but is nonetheless expected to take charge of the bulk of the construction work. Although an agreement is yet to be finalised by the various firms involved, the Ministry of Defence is keen to see the deal signed within the next few weeks.

Aviva Sells RAC Fleet Businesses

Aviva sold its RAC fleet businesses in a deal worth $159.3m. The deal involves a fleet of 27,000 vehicles, which have been bought by shipbuilding and support service group VT, formerly known as Vosper Thornycroft. More than half of the vehicles relate to a contract with the MoD to supply its non-combat transport needs. The four businesses in the deal are Lex Transfleet, Lex Defense, Lex Defense Management and RAC Software Solutions

Jobs Set to be Cut by Vosper

According to The News, Portchester-based VT Halmatic has told workers that up to 130 of the 270 workforce could be made redundant. The business has been under threat for some months and has now announced it is to cut costs by making fewer types of boats and reducing the workforce. Letters have been sent out to the threatened workers which gives them options to apply for jobs elsewhere in the VT Group. Company officials said

Shipbuilders Pin Merger Hopes on Orders for Military Vessels

According to reports, BAE Systems and VT Group plan to relaunch their British shipyards as big exporters of warships if a planned restructuring of their interests can be agreed. BAE and VT, formerly Vosper Thornycroft, are in talks to merge their shipbuilding assets, which include the Govan and Scotstoun yards on the Clyde and VT’s Portsmouth dock. The Times has learnt that the operational plans are well advanced and the aim is to create an entity capable of representing the UK in

Type 45 Supply for International Paint

International Paint was selected as the sole marine coatings supplier for the Royal Navy Type 45 Anti-Air Warfare Destroyer program, a contract worth nearly $4 million. The award by BAE Systems Naval Ships, the Prime Contract Organization, covers the first six ships in a potential series of eight due to enter service by 2014. Production of the first of class ship, “HMS Daring”, began in March 2003 and is scheduled to enter service in 2009

Improved Logistics Service from VT Halmatic

VT Halmatic announced a new Marine Products Spares Team to co-ordinate, support and process VT Halmatic spares orders. Based at Portchester Shipyard, the new dedicated team of specialists will focus on handling customers and owners requirements in a timely and cost effective manner. The team has many years experience in handling VT Marine Products equipment world-wide and has an industry leading reputation in keeping numerous naval

SpecTec New Yacht Projects

AMELS’ 171 semi-custom mega yacht series.

SpecTec announced seven new yacht projects including: 1) CMN, France SpecTec has been contracted for the delivery of a comprehensive IDEA management software system to M/Y Slipstream and sister vessel M/Y Cloud Nine. Both vessels are currently under construction at CMN shipyard in Cherbourg, France and are due for delivery in February and June 2009 respectively. 2) AMELS, The Netherlands SpecTec has been contracted for the delivery of a comprehensive IDEA management and documentation

NAIAD Acquires VT Motion Control Group

USA Naiad Maritime Group, Inc. and VT Group plc (VT) announced Naiad Maritime Group’s completion of the acquisition of the collection of businesses known as the VT Motion Control Group, including Naiad Marine Systems, Maritime Dynamics, Vosper Motion Control and Vosper Stabilizers. The acquisition was led by John Venables, former Group President of the VT Motion Control businesses, with 27 years in various engineering and executive capacities at the companies.

Gladding-Hearn Starts Building for service to Dry Tortugas

Having recently signed a new 10-year contract with the National Park Service (NPS) for passenger service between Key West, Fla., and the Dry Tortugas National Park, Massachusetts-based Yankee Fleet has ordered a new 250-passenger, high-speed catamaran from Gladding-Hearn Shipbuilding, the Duclos Corporation. The new vessel will replace the ferry operator’s interim vessel, Yankee Freedom II, which the shipyard built in 1999. Delivery is planned for 2011.  

Gladding-Hearn Delivers with Repeat, Proven Business in 2012

Ava Pearl Cropped web.jpg

When the long-time operators of the National Park Service passenger route from Key West, Florida, to Dry Tortugas National Park were looking to keep that contract and further upgrade the quality of their offerings in that market, they did what most satisfied customers would do: they went back to the builder of their current vessel, Massachusetts-based Gladding-Hearn Shipbuilding. The original boat used by Yankee Fleet in this service, built in 1998, provided reliable service over the years

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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.

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