Member Info for stokey12

Im have just seen this https://www.lse.co.uk/news/carnivals-costa-restarts-cruises-with-new-program-from-march-and-may-w4kc46q7uf9j7xf.html are we seeing the first signs of the cruise market starting to open up? If that is correct with luck might see some dockings soon.

Bubble2021 In relation to your 06.09 post is this based on something or just wishful thinking?

Bubble2021 In relation to your 18.53 post I have absolutely zero confidence in anything Boris Johnson says.

If I recall there is an offtake agreement in relation to Islandmagee so there is a confirmed revenue stream for it so if it cannot be financed from HMG grants could it be financed by 100% project finance rather than an equity raise. I know the CEO has suggested foreign investment but any such investment above 25% would lead to a notification under the National Security and Investment Bill/Act leading to a delay.

The FSRU has gone quiet I am not sure that it is still under active consideration at present. In relation to general business expense if contracts are structured so that there is a significant upfront payment that could relieve the pressure on the finances which is why I am not convinced about a further cash raise.

Today's RNS omitted one fact. It d.oes not say anything about the value of the contract which is the important thing

Chrisatrdg In relation to your 17.17 post this was my reply to the H&W tweet on this https://twitter.com/i/timeline

Speedy_Gonzalez In relation to your 18.47 post I meant to say that I am not employed by INFA the reference to Miss Shah related to something else.

Speedy_Gonzalez In relation to your 18.25 No I am not @seena_shah could not afford the merlot.

Just seen this tweet https://twitter.com/Harland_Wolff1/status/1360984930277330948 looks like Appledore should be ready to start operations this month only a month later than planned.

Speedy_Gonzalez In relation to your 16.18 post the capital cost of the windfarms are such that it is unlikely that they will be built without some for form of subsidy. In the UK for windfarms the main form of subsidy will be the CfD Auction Round 4 which will set the price that would be paid for the electricity produced. This income would fund the payments for the loans for the capital expenditure and generate the profits you mention. From statements made by HMG one of the conditions for payments under the CfD round is local content. Therefore in order to sell the electricity produced into the grid they would have to use local content.

Apart from the NnG project four licenses were awarded to build offshore windfarms around the UK waters and Crown Estate Scotland will be soon launching an auction for further licenses so there is likely to be more than enough work for INFA to bid for.

Speedy_Gonzalez In relation to your 14.40 post if any company wants government assistance from the UK government such assistance is likely to be subject to a requirement for a significant amount of local content. So INFA would have the advantage of being able to use any of the four sites to fabricate the jackets. In addition they would have the advantage of being nearer to the North Sea so the cost of delivering the jackets would be lower. In any case even if INFA was to build the remaining 30 jackets that still be a contract worth circa £60m so is not something to sniff at.

The take from the Sunday Times https://www.thetimes.co.uk/article/titanic-shipbuilders-harland-and-wolff-brought-back-to-scotland-d3zqjt66f

Some local political reaction to Friday's announcement https://www.thecourier.co.uk/fp/news/local/fife/1971733/bifab-buyout-cautious-welcome-for-850000-deal-for-methil-yard/

Interesting thread https://twitter.com/insignia54/status/1360527363105304576 does anyone knw of any other reason for purchasing or leasing Inchgreen?

I have just seen this on twitter https://twitter.com/spudtheplumber/status/1360205002040573958 makes an interesting read. Also saw on www.bifab.co.uk some of the prices paid for jackets. It would seem that a single subsea jacket may cost around £2m each.

Does anyone read energyvoice and can get the full article?

TUNGA In relation to your 19.36 post as I understand it to be able to get a subsidy from the UK the wind farms have to be manufactured with a significant amount of local content. So INFA would have the advantage that the sites would have access from a river or port and entite thw developers to government assistance.

Just seen this https://twitter.com/InfraStrata_Plc/status/1360222282636025856

Belfast Harbour website is showing both Stena Superfast ships arriving in SRQ next week before going into BDD I am not sure if they will just be making making way for each other or if they will both be berthed at the same time. But as things stand it is looking that by next week Friday both will be docked in BDD.

This page from the companies house records for Burntisland makes interesting reading https://find-and-update.company-information.service.gov.uk/company/SC213282/persons-with-significant-control. No upto date accounts have been filed the last set of accounts filed are dated December 2019.

The comments on this twitter thread are interesting https://twitter.com/Harland_Wolff1/status/1360123989176287232