Member Info for LSE03

You're right Stokey

https://www.offshore-energy.biz/cory-group-joins-forces-with-harbour-energy-bp-and-abp-in-co2-transport-and-storage-pact/

Https://www.gov.uk/government/news/new-plans-to-drive-carbon-capture-industry-forward

Millions of tonnes of captured carbon dioxide (CO2) could be transported via road, rail, barge or ship, revolutionising the way it reaches offshore storage sites, helping more businesses cut emissions.

The government has today (7 May) launched a call for evidence for innovative new options for transporting CO2, on top of the existing network of pipelines, supporting industry on the path to net zero.

Thanks Si_D 👍

Https://www.irishtimes.com/business/2024/05/03/new-south-coast-wind-farms-to-be-concentrated-initially-off-waterford-and-wexford/

Donald Trump is considering plans to push Nato members to increase defence spending to 3 per cent of GDP if he wins a second term in the White House, The Telegraph understands.

The former president thinks member states should be asked to contribute more to the alliance’s collective defence in light of threats from Russia and China.

He also believes the accounting rules should be changed so that spending on military assistance for Ukraine is not counted towards the target – a policy that would push several countries below the current target of 2 per cent of GDP.

Partial extract

That's interesting. Belfast Harbour website seems to say 4th July departure at the moment. I understood there was the potential for additional work to be undertaken if required.

Thanks Si_D, 👍

Si_D highlighted this about a week ago. It seems to be berthed alongside the 3 H&W boats. Might it be helping H&W with work or joining the fleet soon?

If it did go ahead, then Hanwha Ocean would presumably review the MOU between H&W and Austal and form a view on how they wanted to proceed with it. Hanwha Ocean have an interest in gaining a foothold in European shipyards to support their overseas ambitions.

Https://maritime-executive.com/article/australia-not-concerned-by-possible-hanwha-acquisition-of-austal

Https://www.adsadvance.co.uk/hensoldt-uk-to-equip-rfa-s-new-fss-ships.html

The basis for any valuation should be properly explained and factor in the hydrogen opportunity. I won't be impressed if value is passed on cheaply for others to benefit from it.

Thought Nick Laird MD Spirit Aerosystems made a very good case for a full time regional hub to address regional industrial blindness and towards the end I think Ben mentioned a skills academy that was open to wider than H&W employees.

Https://www.engineersireland.ie/Engineers-Journal/More/Sponsored/accelerating-irelands-energy-transition-energy-ireland-2024-may-22-23-croke-park-dublin

Hopefully timely expert discussion here. NI speakers on the list.

It was a real pleasure to give evidence to the House of Commons Northern Ireland Affairs Committee yesterday on defence spending in NI.

The committee's inquiry follows a report by Royal United Services Institute last summer which found that defence spending in NI is considerably lower than in other nations and regions and that defence spending can help level-up and drive significant industrial growth.

The report cited Harland & Wolff’s £77m investment into Belfast following the award of the FSS contract to Team Resolute as an example of how strategic defence procurement can help drive reindustrialisation and long-term, sustainable job creation.

The investment in technology, infrastructure and people is underpinning the transformation of the yard and will not only support FSS delivery but embed the latest technology across the group to increase our competitiveness in the European market and win new orders across our five markets of defence, commercial, energy, renewables and cruise and ferry.

During PMQs earlier this year, the PM said: “I have seen, with my own visits, the vital role that Northern Ireland is playing through the location of firms like Thales and Harland & Wolff. I am delighted [that we] specifically committed to examining how we can further bolster Northern Ireland’s share of the UK defence sector because it’s another essential pillar of our precious economic union.”

Https://www.naval-technology.com/news/type-26-for-norway-uk-explores-support-for-oslos-future-frigate/?cf-view

Officially disclosing the cooperating parties on 30 April 2024, UK Defence Procurement Minister James Cartlidge stated that the UK Government, Royal Navy, and UK defence prime BAE Systems, designer and manufacturer of the Type 26 anti-submarine warfare frigate, were “working jointly” on ways to support Norway’s future surface combatant requirements

Very good Bubble, made me laugh.

Https://bidstats.uk/tenders/2024/W18/821755912

Covering up to 6 Coastal Patrol Vessels

1.5 years, £3m - need more detail in tender docs

Https://parliamentlive.tv/Event/Index/ff58467b-1089-4bae-9e02-4585492a4c3f

Excellent job Ben Murray today.

Thanks Si_D,

Maybe H&W Puffin can support survey work.