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Displaying items by tag: Naval work welcomed

#NavalNewbuilds? - Proposals of future naval shipbuilding to be shared around UK yards including Harland & Wolff writes The News Letter have been warmly welcomed in Belfast.

The report prepared by Ulster-born industrialist Sir John Parker - a former chief executive at H&W - was published in London on Monday and contains many criticisms of the current status quo with Royal Naval procurement.

Although it is unlikely a brand new warship would ever be built entirely in Belfast, Sir John’s call for “sea-change” in current procurement procedures would see ships built in modular form across the UK for final assembly at a specific hub.

Current processes led to time delays in the supply of new vessels which in turn left old ships “retained in service well beyond their sell-by date with all the attendant high costs of so doing”.

Sir John said there was a “vibrant” UK shipbuilding, marine and defence supply chain sector which the Ministry of Defence (MoD) should harness.

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Published in Belfast Lough

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Stena Line is one of Europe's leading ferry companies with 37 vessels and 17 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 4,300 employees and an annual turnover of 14 billion SEK.