The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Basically the dockside crane will move along on a track and in a shipyard would be used for lifting equipment or goods from or on to the ship. It will have a larger lifting capacity than a tower crane, and used in shipyards will travel down the full length of the ship to cover all areas of the ship.
The tower crane will be used on a fixed based with less lifting capacity, but longer span than the dockside crane .I'm sure someone will come along to add to this.
drango In relation to your 19.33 post may I ask what is the difference between the two?
The photograph from twitter shows a dockside crane, not a tower crane
Might I suggest, lifting stuff. :)
just saw this tweet https://twitter.com/Harland_Wolff1/status/1321490679554605057 the job details are here https://www.harland-wolff.com/news/jobs/tower-crane-driver/
Not sure if anyone is interested. Does anybody know what a tower crane would be used for at H&W?
I'm going to add a question to my own post and it's a very open and general question. It's :-
Where do you realistically see INFA in 1 and 3 years time ? If it can be elaborated on for the each part of the business then even better.
I would like to know if they are still on the mission of transforming the company into an organisation that has multiple assets in its portfolio? Besides the ones we know of, and without going into details, are they actively looking to aquire anything else in the future? Hydrogen projects comes to mind. Or are they going to focus on the ones we have already started, for now.
Also, is there a Plan B re: IM?
ThisTimeNextYeer In relation to your 15.44 post. what I would like to hearis linked to my question/suggestion. I would like to hear if the goal of breaking even this year is likely to be met or exceeded. Mysuggestion is as both Belfast and Appledore will be operational next year can we move to quarterly trading updates as this would assist in supporting the share price.
I've put this post up as I know we'll all have optimistic expectations from this 1st INFA Roadshow and no doubt we'll all have reactions to what we see and hear. (Poor JW. We'll be hanging on every word and how every word is even said too, lol). I thought about whether to put a post like this up as it could invite (but hopefully not) some impossible to answer questions. It might also produce questions that can't and shouldn't be answered by INFA either (ie commercially sensitive info, confidential at present info, etc).
Anyway. I've obviously decided to post it when you're reading this.
I'd be surprised if there aren't some members of the INFA board who have a wee peek at this LSE chat page sometimes. My point is, I therefore see this as an opportunity prior to the 10th for some of us posters to ask questions that JW may get to see, and that he may be prepared to address on the 10th. It would also be an opportunity for us to highlight subjects where we would love a bit more 'meat on the bone' if possible (ie FSRU).
This post may be pointless, but then again you never know.
So fire away folks. What would we like to see and hear on the 10th ? (Obviously keeping it realistic, respectful and hopefully positive too).
It was only a term sheet they were going to enter into for the acquisition of the FSRU project.
And conditional on final investment decision (FID) currently estimated to be taken within 36 months of the Sales and Purchase Agreement.
Although as we all know that was expected to be executed on or before 31 July 2020.
But it was updated in the Appledore acquistion RNS.
"The Company now has the possibility of tying the FSRU project into existing infrastructure, both offshore and onshore. This has the advantage of bringing project CAPEX down substantially and fast-tracking the project to FID earlier than envisaged. Further value engineering work is being conducted to determine the technical and commercial viability of such tie-ins into existing infrastructure.
Whilst the Company is keen to progress this project, it needs to ensure that all the fundamentals are in place and that it has the optimal solution to offer further LNG import capacity in the UK, which is not only technically competent but also economically viable. Accordingly, the Company shall be undertaking the various workstreams as discussed above and shall proceed to execution of the SPA in Q4. This timeline may come forward should the Company complete these workstreams ahead of time and COVID-19 travel restrictions be eased enabling access to specialists on-site. "
So, as we are nearly half way through Q4 they may be preparing the mother of updates on all fronts at once.
Except IM, as I can see that dragging on a while longer.
Meanwhile we drift about in the doldrums.
:)
Cheers, TTNY. That's good to know.
Personally, I see Appledore as being prepared, as was mentioned when they took over, for small/medium sized craft.
Fishing vessles, smaller Navy support ships, as were supplied to the Irish Navy from Appledore previously.
And posible renewable work. Most of this has been porported to me by .... a person who's closer to the action than me.
Alegedly. ;)
All decent work if it comes to pass.
Cant answer your 12.59 post Si about paying better, but what I can say is that the Belfast Building Dock, where Oceanex Connaigra currently is, isn't just big, its massive. It would have been capable of taking all 3 Viking Cruise ships in dry dock at one time and even have room for a 4th if there was one.
If this dock was out of action with long term contract work then the Building dock at H & W at 300+ metres is still more than big enough to dry dock any ferry.
I know we see dock size data on maps and charts, but standing in the actual dry dock is overwhelming, the actual scale of it.
Personally I see Appledore as a more likely renewables site and Belfast being the big boats yard. A couple of 'if's'here, but if INFA do get bigger contract work and if the ML proceeds as hoped, then Appledore could also be used for Islandmagee fabrication work if H & W has a few big boats in.
has this company not managed to give any news in an RNS since the acuisition of the floating gas storage. Directors need to give their head a wobble
Derman , thats what I wrote about earlier this year , HW could be somewhat spoilt for choice for work. Space is king here. What do they do wait for government decisions or keep the repair work etc coming in, were seeing how long some of these decisions are taking .
One thing that crossed my mind regarding the shipyards and possible contracts for MOD/ renew ubles etc.
Would this inpact on the ferry work if large parts of the yards/ dry docks were taken up with such contracts for a sustantial period of time. Or would such contracts pay better, as it were?
Si_Derman In relation to your 12.38 post I also note that we have not heard anymore about the FSRU project. At least with the shipyards there is income coming in which would make obtaining a loan easier as there will be evidence that it can be paid back.
That's nice to know, Stokey. Thanks for the link.
But with every update recently it's... all about the boats, 'bout the boats, no caverns. :)
Was that HMS Belfast in the background? Nice touch there Mark.
This tweet hs just been posted https://twitter.com/Harland_Wolff1/status/1321415315423723522 For details of JOSCAR see here https://hellios.com/joscar/ scroll down toview the benfits.
Not seen a picture of a puffin or porpoise in a while so I though I'ld have a quick looksie on the old infa ****ter thing.
Seems they have been going on about the need for further licenese regarding discharge and abstraction for the past week or so. And the need for a further PC on the matter. also, they seem to taken to the legal route as well.
Was that in response to infa getting the briefs involved?
An email response from DAERA was posted on the matter.
https://pbs.twimg.com/media/Ek2vWZaX0AA19hf?format=jpg&name=large
The saga drags on. :(
Not seen a picture of a puffin or porpoise in a while so I though I'ld have a quick looksie on the old infa ****ter thing.
Seems they have been going on about the need for further licenese regarding discharge and abstraction for the past week or so. And the need for a further PC on the matter. also, they seem to taken to the legal route as well.
Was that in response to infa getting the briefs involved?
An email response from DAERA was posted on the matter.
https://pbs.twimg.com/media/Ek2vWZaX0AA19hf?format=jpg&name=large
The saga drags on. :(
TBH, that was a slightly more detailed response that I would have expected. Cheers, Stokey.
Reviewing, though. That 's sounds like there may have be some back and forth dialogue between them and Infa to satisfy the requirments. All that kinda stuff takes times I would imagine.
re. emails and location, guess so. Fairy Nuff.
Back to ship spotting then. :)
Further to my 16.23 post of yesterday I have just received this response
'
Thank you for your query.
The Department is currently considering an application for a marine licence ML28_12 and also reviewing associated discharge and abstract consents. There is a large volume of consultation responses to review.
There is no timeframe for when decisions will be made.
Marine Licensing Team'
It would seem that apart from the marine licnse application they are also reviewing the discharge and abstract consents which might go someway to explaining the delay.
ThisTimeNextYeer - I think you were broadly right in your 16.43 post.
Si_Deman In relation to your 10.00 post while I agree with what you say I would point out that they would not be able to tell from an email address where the person is.
You may be right with that Derman
"Persuaded to do something", lol.
Or, more likely, do nothing other than pee them off with a barage of "queries" of concerns from a load of shareholders from the mainland (mostly). Comes across as nothing more than concerns for your own personal wealth rather than for the good of the local economy. IMO