The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The questions and answers can be found on this link https://hansard.parliament.uk/commons/2024-05-01/debates/0D800C5A-CCED-4362-A7BA-BCD9F4511317/DefenceSpending
And that’s not the pop group 😂
Kaeren, some have navigating for some time , haven’t realised it’s about to head in one direction
Think some shareholders need to be equipped with advanced countermeasures , might assist whilst navigating this board.
Stokey - seriously? ‘The next generation of submarine counter measures. Hardly something within Harl gift?
Tender opp for who? H&W?, they wouldn't pass stage 1 of the procurement exercise.
Not passing any comment. Operational enhancements 🙄
https://www.linkedin.com/posts/cruise-%26-ferry_refurbishment-begins-on-villa-vie-odyssey-activity-7191428655846227968-OdaH?utm_source=share&utm_medium=member_android
Posted by HW
This Sunday (May 5th) our team of local Harland & Wolff colleagues will be hitting the streets to take part in the 2024 Belfast City Marathon Relay.
The team will be running in aid of the Air Ambulance NI charity, which attends some of the most traumatic medical incidents across the province, delivering the very best possible pre-hospital critical care.
To support the team please head to the link below: https://lnkd.in/ekyPHPcM
Https://bidstats.uk/tenders/2024/W18/821755912
Covering up to 6 Coastal Patrol Vessels
1.5 years, £3m - need more detail in tender docs
Agree LSE He's a well accomplished speaker and knows his brief, and no coughing today from anyone !
not much new as such:-
On track with Civils extension by Cleary
Procurement on track for FSS
problems with Apprentice Levy again mentioned
very brief mention of Irish navy and a whole island solution...
mention of FSS engines being "sustainable" and again mention of importance and effort they are putting into "Social Value" via interns, students, local suppliers, apprentices and mention that they are a social guinea pig programme..
Just seen this from UK Defence Journal https://ukdefencejournal.org.uk/uk-announces-35m-tender-for-submarine-countermeasures/
Https://parliamentlive.tv/Event/Index/ff58467b-1089-4bae-9e02-4585492a4c3f
Excellent job Ben Murray today.
11 trade this morning 😉
Scaffman , hopefully we find something out soon
I def think ESG has something to do with HARL's application for loan
https://www.reuters.com/sustainability/sustainable-finance-reporting/loans-linked-esg-face-overhaul-by-under-pressure-banks-2023-11-10/
Technically, it as an "addition" to the Marine Services fleet. I'm sure there was no intent to deceive by obmitting other facts. ;)
Si - forgive me they put it up as ‘next addition to the H&WMS Fleet’…. Didn’t mention internal transfer 😜
Thanks Si_D,
Maybe H&W Puffin can support survey work.
Not recently purchased and not new to the company, afaiaa, it was part of the fixtures and fittings when they bought the yard but has always been known as the Lundy Puffin. From the agents sales bumph,"There is a substantial amount of fixtures, fittings and plant remaining on site and this includes a dock tug boat". They took her down south a couple of weeks ago and have just tidied her up with a lick of paint. I did mentioned it on here back then when Stokey was asking how Marine Services has grown to five freight vessels. I knew it belonged to the yard but wasn't sure what it was doing in Penzance. Didn't realised that they were incorporating it into the Marine services arm of the business. Not sure exactly when the crane was fitted and it could well be a new addition. It certainly wasn't fitted in this old photo taken at Appledore.
https://www.marinetraffic.com/en/photos/of/ships/shipid:1285603/shipname:LUNDY%20PUFFIN?order=date_uploaded
When JW said they had "acquired" a tug during the Scutiny Committee meeting I thought they might have gone out and found something substantial enough for towing barges and possible FFS blocks from the various sites to save on the hiring costs. Similar to the Venture that has done the bulk of the Cory barges. This is classed as a "port tender" and might be okay in and around the yards pushing and pulling stuff into place. Might be better suited as a small "Crew Transfer Vessel " as an acquisition of one of those was also mentioned in that meeeting. But not sure as a full on ocean going tug though, as it only has a bollard pull of 5t. In comparison to the 21t of the Venture tug that has done the bulk of the Cory barge transfers. That seems to be up for sale, if this sales page is current. Only £450,000.
https://www.maritimesolutions.co.uk/vessels/venture.html
Anyway, as you were. :)
Agents link, fwiw.
https://property.jll.co.uk/sale-industrial-and-logistics/industrial-and-logistics-sale-bideford-ex39-1uz-15418
ButtonedUpTheBack ref 07.52 post They as in the two MPs who both asked the same question.
They?
Yes see what happens...
Perhaps the ESG Loan mentioned in this article is something that might be linked especially with a couple of the recent "woke" appointments.
https://www.txfnews.com/articles/7555/a-greener-direction-for-ukef
Scaffman ref 06.28 post The problem I have with your suggestion is that the Direct Lending Facility isfor HARL's clients not HARL as is clear by the reference to overseas buyers. The only thing that makes sense is if somehow the guarantee is to cover a contract or contracts falling within the defintion of environmental information under reg 2(1)(b) of the Environmental Information Regulations which covers '(b) factors, such as substances, energy, noise, radiation or waste, including radioactive waste, emissions, discharges and other releases into the environment, affecting or likely to affect the elements of the environment referred to in (a);' Although I cannot see how that could be the case. We will have to wait and see the response to my request for an internal review goes.
Clean Growth Direct Lending Facility
UK Export Finance (UKEF) provides direct loans within an overall limit of £8 billion to overseas buyers. Of that limit, £2 billion has been allocated to support clean growth projects.
The UK has a Clean Growth Strategy which defines clean growth as “growing our national income while cutting greenhouse gas emissions”.
UKEF will align its definition of clean growth with the Green Bond Principles.
Each prospective deal will be considered on a case-by-case basis. Below is a list of the types of projects that UKEF may consider to be eligible for the clean growth direct lending facility.
Renewable energy
Including:
production
transmission
appliances and products
Energy efficiency
Including:
new and refurbished buildings
energy storage
district heating
smart grids
appliances and products
I asked a while back on here, were they going for the green scheme but never got a reply.
its the only thing that fits in that I can see tbh
https://www.icmagroup.org/assets/documents/Regulatory/Green-Bonds/Green-Bonds-Principles-June-2018-270520.pdf