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More publicity for H & W, with a mention on the Jeremy Vine show, which is being broadcast live from Belfast. INFA was not named-checked as the saviour, however.
With the amount of noise generated since INFA stepped in, I am starting to believe that there must be a plan for the shipyard, otherwise there is going to be a massive amount of egg on faces (and not just JW's!).
I do wonder, however, how many genuine investors in INFA would have willingly sunk cash into H & W independently, should such an opportunity have presented itself...
Last months article but key mentions for H&W:
https://www.independent.co.uk/news/business/news/bab****-royal-navy-shipbuilding-contract-frigate-uk-jobs-latest-a9102326.html
Belfast’s historic Harland and Wolff shipyard expected to be among the beneficiaries of programme to build Type 31 frigates.
Engineering giant Bab**** has been named the preferred bidder for the £1.3bn contract to build a new fleet of royal navy frigates, in a move that could secure 2,500 jobs and the future of Belfast’s historic Harland and Wolff shipyard.
A consortium led by Bab**** and including the Harland and Wolff shipyard, famed for building the Titanic, is expected to be formally awarded the contract later this financial year. Harland and Wolff supporters said the contract would sustain five to six years of work at Belfast shipyard through steel fabrication work alone.
The five ships will be assembled at Bab****’s Rosyth Dockyard in Fife and will involve supply chains throughout the UK.
Among the thousands of jobs expected to be supported by the programme are 150 positions for new technical apprenticeships. The firm said work on the fleet will begin immediately once the formal contract is awarded, with detailed design work first and manufacture starting in 2021.
I believe it's no coincidence that JW mentions in the OCT 1st RNS , " The InfraStrata Board plans to significantly increase the size of the workforce by several hundred over the next five years as it progresses the development of its infrastructure projects."
AND
"The highly skilled workforce presents the Company with an opportunity to create secondary revenue streams through the provision of services to the energy, maritime and defence sectors should such opportunities arise in future."
It is going to be interesting next week after the Babbers news naming H&W as part of the consortium, also Interesting to know that ONLY H&W has approval/Ability in the UK to recycle the largest tankers of which their are many end of life.
Harland and Wolff brings together all the projects INFA are working towards and soon will have multiple income streams to invest even more into NI and The PI's, Everyone is going to win including the current whingers!
Some people can not see past their own front door!
JR I disagree i'd say you are the "right type of opposition". In that your main point is you don't want salt water going into the sea.
Where i grew up there were several huge gas storage tanks that towered over the houses, this was the norm in towns and cities throughout the country ... yet in 2019 your chums are whining about underground storage away from residential housing!
The NIMBY seems to have evolved into a species of just wanting to stop any form of infrastructure, as they're either on a nice public sector pension or claiming social security money so they've too much time on their hands.
Be nice to build a couple of FSRU's....
I think everyone would be very supportive if INFA turned into a ship building company now. The other projects it was previously involved with and are currently trying within oil exploration, fracking and gas storage seem to gather the wrong type of opposition and image. Shipbuilding could be the way forward for this company and keep everyone happy.
Truly transformational! but will not be released to us until after the egm and it is all signed, but have a feeling the market will act positively to this news, especially with H&W included in the consortium. REmarkable.
1st boat to be finished by 2023 so the H&W boys should be kept busy - great news for U.K. ship building. Look forward to hear what share we will get - only £1.25 billion to share out !!
Brilliant news on Babbers Speedy “ “The frigates will be assembled at Bab****’s Rosyth facility, and involve supply chains throughout the UK, in line with the UK’s shipbuilding strategy.”
Last sentence of the article below is key I believe..........
Bab****’s consortium includes Thales and BMT, as well as Ferguson Marine, based in Port Glasgow, and Harland and Wolff in Belfast.
https://www.thecourier.co.uk/fp/news/local/dundee/1022227/bab****-signs-formal-deal-to-build-new-frigates-at-rosyth/
News should soon reveal what, if any, pieces of the pie will be awarded to H&W under the new National shipbuilding strategy.......exciting times indeed.
https://www.forces.net/news/type-31-bab****-signs-ps12bn-frigate-contract