The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Little video of methil too from today with a ship docked
https://youtu.be/cdpWBM_79-M
Article from today
“The contact is expected to deliver 200 further education opportunities on graduate placements and apprentice programmes. Harland & Wolff’s welding academy is set to train 300 new UK welders during the contract, with 120 highly-skilled jobs supported at BMT.”
https://www.operationsengineer.org.uk/operations-engineer-news/team-resolute-wins-naval-shipbuilding-contact-1/249741/
https://www.thenational.scot/news/23279665.concern-scottish-shipyards-offshoring-warship-contracts/
https://www.naval-technology.com/news/uk-team-resolute-fss-contract/
Not sure if already posted but it’s also on gov website.
https://www.gov.uk/government/news/100-million-boost-as-naval-shipbuilding-confirms-return-to-belfast
Won a case re asbestos
https://m.belfasttelegraph.co.uk/news/courts/man-loses-damages-battle-with-harland-and-wolff-shipyard-over-asbestos-related-condition-42276679.html
Certainly and also this, seems Mp’s are behind Harl,
“I hope the right hon. Lady will welcome the fact that, as a result of the FFS award, we will see revitalisation of Harland & Wolff, we will have additional shipyard capacity and we will be rebuilding the British shipyards left in a dreadful state after the last Labour Government. We are seizing opportunities. It is unfortunate that we have to reskill some of our workers and that we have to use opportunities coming from abroad to ensure that we recreate another yard in the UK as well as supporting Appledore, but it is important that we have the right equipment for our armed forces and that defence can seize those opportunities.”
“ Jeremy Quin
The Paymaster General and Minister for the Cabinet Office
I referred to the right hon. Gentleman as my right hon. Friend because he is so familiar from my appearances at the Dispatch Box in my Ministry of Defence role, and it is lovely to hear the same lines being produced again. I am no longer in that role and I am not here to speak for the Ministry of Defence, but I think he must be referring to the fleet solid support ship programme—a prospect that will rejuvenate Harland & Wolff and really get Appledore working again. I believe that it will deliver 1,500 jobs to the UK shipbuilding industry, helping to recreate the skills that were so foolishly lost in the last round. The decisions that were made under the last Labour Government in 2005 left us with fewer yards than we would all like, and I think it was a positive decision from the Ministry of Defence to award the FSS contract as it did. I wish Harland & Wolff and the rest of the British designers the very best with it.”
https://www.theyworkforyou.com/debates/?id=2023-01-09a.340.0&p=24926
1Mill share buy just gone through, follow the money :)
Aimgambler has clearly woke up again…
He needs to read his article better
“ The company is also expected to benefit significantly as part of the team that won the bid for the £1.6bn contract to manufacture the UK’s fleet solid support ships, which are designed to provide munitions, stores and provisions to the Royal Navy’s aircraft carriers, destroyers and frigates deployed at sea. The final assembly of the ships will take place in Belfast.”
https://amp.theguardian.com/business/2022/dec/30/harland-wolff-hit-by-up-to-34m-order-cuts-and-supply-chain-delays
Decent read here, lots of talk re contact :)