Bid Talks to Unite UK's Shipyards
 
Advertise Here
Trending Topics:
Wednesday, May 22, 2013

Ship Equipment
Ship Maintenance
Unitor
Ship Systems
Bimco
Worldwide Metric
Portvision
Hydroscan
Freeman Marine
Neptune Group

MarineTalk
Home Page
About MarineTalk
Buyer's Guide
World InfoDesk
Discussion Forums
Advisory Board
FAQ
Advertising Information
Submit Company Listing
Edit Company Listing
Site Map
 
MarineTalk Site Search:
Featured Companies

HODT Korrosionsschutz GmbH
Anti-Corrosion products - Consulting, Service & Sale Ballasttank-protection, wire rope dressings, wire rope luibricator, soft coatings, semi hard coatings, 1-K-Polyurethan Coatings
    Germany

Global Maritime Inc.
Global Maritime is a marine, offshore and engineering consultancy company. Our professional staff of engineers & Master mariners offer specialist maritime expertise to oil and gas, legal, shipping, insurance and ports and harbors clients worldwide.
    USA Texas

Heriot-Watt University
The Ocean Systems Laboratory (OSL) is a leading international centre for research, development and exploitation of acoustic, robotic and video-imaging systems.
    United Kingdom

Hong Kong Shippers' Council
The Hong Kong Shippers' Council consists of 15 trade associations, composed of manufacturers, traders, exporters/importers, and chambers of commerce.
    Hong Kong

Bid Talks to Unite UK's Shipyards

      4/6/2006

Bid Talks to Unite UK's Shipyards

All the UK's dockyards could come under one umbrella as the engineering group Babcock might be takeover target for defence firms BAE Systems and VT Group. Such a deal could reshape Britain's shipbuilding industry by uniting the nation's shipyards. BAE and VT said that they were in "exploratory talks over a potential joint acquisition of Babcock". The Ministry of Defence (MoD) has pushed for consolidation in the sector.

BAE Systems owns shipyards in Glasgow and Barrow, while VT Group owns the Portsmouth yards. Babcock, meanwhile, has sites in Scotland, including Rosyth and Faslane, where the Royal Navy's sends its nuclear submarines for maintenance. BAE and VT have already teamed up on various MoD contracts, including work on six Royal Navy Type 45 Destroyers at Portsmouth which are due to be completed in Glasgow by BAE. At the same time, BAE, VT and Babcock have all been involved in a £3.5bn programme to build two new aircraft carriers for the MoD, making a merger of the three a logical step forward as far as the ministry is concerned.


BBC News  


You may also like:
Trending Technology, World Shipping & Maritime News





Latest Marine News and Technology Articles | Maritime 2013 Buyer's Guide





MarineTalk

E-mail: 

Copyright © 1998 - 2013 MarineTalk
Division of Link Internet Business Solutions
All rights reserved.

The reproduction, retrieval, copying or transmission of this Web site content,
in whole or in part, is not permitted without the express permission of
MarineTalk .