The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hi All - Viking Sun now heading for the main dock.
https://www.vesselfinder.com
PS: ML still no change
https://www.daera-ni.gov.uk/articles/marine-licensing-public-register
We can hope!
Is there a leak ?good news ?
Or they are short of stock.
You post Speedy about the anchorages of the Devon coast. These include 3 cruise ships at anchorage, the Carnival Breeze, Carnival Magic and Carnival Valor.
You then post Cookie, could these be heading to H & W ?
Hmmm. I wonder could they ? Have a read of this article today from 'The Maritime Executive' re Carnival. It's interesting.
It could be a possibility they could come to H & W, or indeed it could be a possibility that i ve too much time on my hands and I'm trying too hard to suss out what work might be coming into the yard next.
https://www.maritime-executive.com/article/cruise-industry-downsizing-begins-with-first-sale-of-a-ship-for-scrap
Can't buy anything other than by NG orders. Should be a good sign that this will rise
When something is as undervalued as this share, it has to to up sometimes.
Interesting reading here on energyvoice.com re future UK decommissioning work after the Shell vessel 'Curlew' going to Norway.
It's good to hear Will Rowley beating the drum for UK decommissioning work and even better to hear H & W get a mention. There are 4 EU approved recycling facilities in the UK of which H & W being one of them. Regarding the Curlew vessel, in the UK only H & W and ABLE in Teeside have the capacity to take in a vessel of Curlew's size.
Hopefully if there are more vessels/rigs of this size and if this work stays in the UK, then we'll be in a 50/50 situation of maybe bringing this work to Belfast.
I've popped the link below.
https://www.energyvoice.com/oilandgas/north-sea/247130/uk-will-keep-vast-majority-of-its-decommissioning-work-expert-says-after-shell-curlew-flight/
Mmmmmm? What's occurring with the increase this morning? Any thoughts peeps. Stay safe stay cool! Alan
Speedy ,thanks for link ,indeed they could be heading to H&W yard,this ML taking time imho
It is a shame we have to quote from Aprils RNS's and we don't quote from Junes update RNS's- oops! Sorry there has not been one-my mistake....Back to google twitter and linked-in!!
LMAO!
"Enough said, now just wait"
Okay, fairy nuff, discussion over then I guess.
Wont'mention it again. :)
With H&W performing as we believe it is, there is no reason why we could not get a massive part of the equity when it comes to FID! we already have circa £15mil in it....
Your damned right Whatamess. I wish I'd already made my first million, instead I'm worrying about when the missus will leave me cos I've no money!
More info from the Apr 30th RNS:
To date eight vessels have been through the yard, with a pipeline in excess of eight vessels due to be contracted within the next 3-4 months.
So, we have:
1) a new client - Viking
2) 3 modern cruise liners arrived for work
3) 5 more due before end of August.
Has anyone else noticed the increasing anchorages of cruise liners off Devon's coast??!!
https://www.google.com/url?q=https://www.devonlive.com/news/devon-news/two-gigantic-ships-join-anchored-4255747&sa=U&ved=2ahUKEwivxPKeiZ3qAhVYRBUIHXF4DAEQxfQBMAB6BAgBEAE&usg=AOvVaw3Bv1G7RK-c0RGz_okAiK3w
Tango, Si. The waiting game drags on but I sleep well trusting the words of JW and our new Chairman in various RNS's, most recently Apr 30th:
The Company will respond to any clarifications that DAERA seek following closure of the public consultation as soon as such clarification requests have been received. The Company has had numerous discussions with DAERA, and the Company continues to maintain that it sees no reason why DAERA will not recommend the granting of the marine licence to the relevant ministers.
"Enough said, now just wait"
No Project is bullet proof and without risks, this is why we have regulations and guidelines, as long as INFA has followed all the guidelines then all that is left is the "acceptable risks" otherwise they would have been regulated for.
Not withstanding the socio-economic needs of NI and the UK as a whole and how much weight they may or may not influence the final decision, Lottie is correct that the proposal should be bullet proof on all the aspects he mentions.
Having read a lot of the objection replies from the like of NIMTF, UW, RSPB i'm left wondering if they do. Yet.
This is why I suggested that there may be a lot behind the scenes interaction between Infa and DAERA since the end of the PC, to update or address the issues raised. And that is why it's taking time and why meanwhile we have been given lots of other news not related to IM. H&W, FSRU, Spanish shipbuilders, maybe hydrogen....
This is why I have not gone all in here as much as I would have liked too.
Just biding my time, whilst accruing funds elsewhere for when it's sorted.
Anyhoo, off twerk. Laters all. Have a good day. :)
Not forgetting jyst how stupid and self-destructive the N.I MLA's/Assembly can be at times with refusal to see the clear writing on the wall in front of them.
But we can not forget the emphasis on economic recovery, which will be/ IS a priority but not above safety/Environment. All the reports state they have met or surpassed all requirements for enviro control so other than some "unknowns" turning up I can not see it being knocked back.
As we are going it alone in 6 months time and limited security of supply, We need to be self sufficient in all commodities, and IM will go a long way to our security and Barrow. IMHO
I hope that the potential job aspects are not an important issue in this decision. If an investment of this type is to be taken seriously, the basis (for agreement) should be squarely based upon the quality of the proposal. Its engineering aspects, environmental protection and most importantly, the future needs of the UKs energy requirements. Whilst job creation is always a positive, especially in an area of high unemployment, it can not unduly influence the decision.
The merits of this proposal must stand the test of time.
The previous secretary of state Julian Smith did a lot of good in my opinion for INFA, and the new secretary of state Branden Lewis has a strong naval background and a solid supporter of small businesses, This should also be a strong positive as I am sure Mr Poots and Mr Lewis will have pooled ideas/thoughts.
Regarding "DAERA's OPINION" I don't think there is a cat in hells chance of being told that :-)
Answering my own question, I guess they would have to, being a public body.
But I assume their decision only a recommendation?