Member Info for LSE03

Potential business from Canada.

https://legionmagazine.com/en/that-sinking-feeling-despite-a-huge-investment-in-shipbuilding-canadas-navy-isnt-living-up-to-its-historic-reputation/

https://amp.theguardian.com/politics/2023/feb/16/rishi-sunak-travel-belfast-ni-protocol-deal-imminent

https://www.express.co.uk/news/politics/1735763/Brexit-news-Northern-Ireland-deal-Rishi-Sunak-Ursula-Von-Der-Leyen-belfast/amp

https://www.irishnews.com/business/2023/02/17/news/belfast_shipyard_workers_successfully_complete_first_barge_in_18m_cory_contract-3066849/

https://www.railfreight.com/railfreight/2023/01/27/scottish-rail-project-compromises-to-accommodate-freight-potential/?gdpr=deny

Navantia Australia website

https://navantia.com.au/

See also supply chain

Today
https://www.theaustralian.com.au/nation/10bn-bid-to-build-killer-fleet/news-story/79b1a53f122aacaf0ae9540015ec8e52?amp

Like Integrated Review to be published in March for UK xxplains Australia’s Defence Strategic Review (DSR) is set to be publicly released in March and hints on how it could impact the Royal Australian Navy (RAN) - see detail on how Navantia are involved.

Dec 22
https://www.navalnews.com/naval-news/2022/12/what-does-australias-strategic-review-hold-for-the-ran/

Sep 22
https://www.afr.com/politics/federal/spain-backs-australia-eu-trade-deal-steps-up-push-to-sell-ships-20220929-p5bluf

July 2022
https://www.smh.com.au/politics/federal/spanish-pitch-to-supply-australia-with-three-warships-by-end-of-2030-20220710-p5b0f0.html

https://www.theaustralian.com.au/nation/10bn-bid-to-build-killer-fleet/news-story/79b1a53f122aacaf0ae9540015ec8e52?amp&nk=239793bc598dc196b29efa9a2b9ccf29-1676499895

Can't see detail but if Navantia maybe H&W can support

https://www.naval-technology.com/news/navantia-subcontract-bmt-fss-programme/

Is there a better AIM sector classification than Gas and Water that highlights the value compared to others. Changing it to one that better recognises the large defence contract win could be a PR opportunity in itself but also highlight value relative to other companies.

Ben Wallace was doing a series of TV studio / radio interviews this morning.

In R4 Today interview ( around 8:11) on how big thecDefence Budget should be. He said that a higher long term defence budget was what he wanted, was identified in the Autumn Statement and was something PM, Chancellor and himself saw as the direction of travel.

Interesting that he gave shipbuilding areas as examples of what has historically hollowed out and unfunded to deliver MOD savings were the unsexy parts of defence like maintenance, ship lifts and dry docks which were not thought of as really exciting but are nevertheless really really important.

https://www.gov.uk/government/speeches/minister-for-defence-procurement-speaking-at-the-global-investment-summit-in-india

https://www.gov.uk/government/news/review-of-tariff-quotas-on-steel-from-developing-countries

And H&W have worked on Sea Rose before

https://www.harland-wolff.com/portfolio/searose-fpso/#:~:text=In%20January%202012%2C%20Harland%20%26%20Wolff,dead%20weight%20of%20150%2C000%20tonnes.

Great find Kaeran

https://www.thenationalnews.com/world/europe/2023/02/14/britains-gas-network-could-carry-hydrogen-within-two-years/?outputType=amp

Hydrogen blend in the UK gas transmission system, aiming for full hydrogen in 4700 mile network by 2050. Islandmagee caverns well positioned I think to support NI /UK grewn transition to hydrogen. Ballymena Power to X study seems to confirm this. Logically network operators will have to evolve networks and storage facilities to this new world.