• 2018 May 15 14:24

    UK awards BAE Systems £2.4bn for Royal Navy submarine programmes

    BAE Systems has been awarded a £1.5bn contract for delivery of the seventh Astute class submarine and a further £900m for the next phase of the Dreadnought submarine programme, BAE Systems said in its news release.

    The Secretary of State for Defence, The Right Honourable Gavin Williamson, announced these contracts today during a visit to the Company's submarine site in Barrow-in-Furness, Cumbria.

    During his visit, the Defence Secretary named the seventh and final submarine in the Astute class as Agincourt. He also formally opened a new state-of-the-art manufacturing facility, marking the latest development in a major infrastructure investment programme at the Company’s Barrow site.  Certain phases of construction for the Dreadnought class will take place at the new Central Yard Facility, which includes production, workshop and office facilities, measuring 180m long, 90m wide and 44m high.

    Construction on the first of four new Dreadnought submarines started in October 2016 and this latest funding will support ongoing design and build activities, procurement of materials and investment in new and existing facilities for a further 12 months.   

    The Defence Secretary said: “This multi-billion-pound investment in our nuclear submarines shows our unwavering commitment to keeping the UK safe and secure from intensifying threats. HMS Agincourt will complete the Royal Navy’s seven-strong fleet of hunter-killer attack subs, the most powerful to ever enter British service, whilst our nuclear deterrent is the ultimate defence against the most extreme dangers we could possibly face.

    “Not only is this a massive boost for our armed forces, but it’s huge for Barrow, the heart of sub-building in this country. Today’s news supports around 8,000 BAE Systems submarine jobs, as well as thousands more in the supply chain, protecting prosperity and providing opportunity right across the country.”
     
    Cliff Robson, BAE Systems Submarines Managing Director, said: "Securing this latest funding for our submarines programmes is excellent news for BAE Systems and the 8,700 people in our Submarines business, as well as our local community in Barrow and the thousands of people across our UK supply chain who help deliver these nationally important programmes for the Royal Navy.    
         
    "We continue to make progress on these highly complex and technical programmes and today's announcements will allow us to move forward with greater certainty and stability."
     
    The first three submarines in the Astute class – HMS Astute, HMS Ambush and HMS Artful – are already in service with the Royal Navy. Earlier funding allowed us to start work on the seventh submarine in 2014, while the fourth, fifth and sixth submarines are also under various stages of construction in Barrow having been previously awarded full contracts. At 97m long and displacing more than 7,400 tonnes, they are the largest and most powerful nuclear-powered attack submarines ever built for the Royal Navy.  
     
    Dreadnought is the programme to replace the four Vanguard class submarines, which carry the UK's independent nuclear deterrent. Once built, they will measure 153.6m long, with a displacement of 17,200 tonnes. They are being delivered by the newly-formed Dreadnought Alliance, a joint management team established between the MOD, BAE Systems and Rolls-Royce.

    The delivery of the Astute and Dreadnought programmes is a national endeavour with a supply base spanning the length and breadth of the UK. In 2017 alone, BAE Systems spent around £700m with more than 700 suppliers.
     
    To support the build of Dreadnought, the Barrow site is undergoing major redevelopment that will provide a range of new and upgraded capabilities, including an extension to the Devonshire Dock Hall, a 28,000m2 off-site logistics facility and a 8,000m2 Central Training Facility as well as the recently completed Central Yard Facility.




2018 May 21

18:31 P&O Cruises marks first construction milestone for newest ship with steel cutting ceremony in Papenburg
18:00 IMO continues roll out of new port emissions training
17:35 Preliminary preparation stage for concession on Northern Latitudinal Railway completed
17:08 Two more vessels added to Offshore Fleet of Azerbaijan Caspian Shipping Company
16:40 Oceanographic research vessel Admiral Vladimirsky arrives at port of Messina (Sicily)
15:59 Federal funding contributes to critical infrastructure projects to support trade through the Port of Vancouver
15:31 Vympel Shipyard launches 75th Mangust patrol boat for Russian FSB Border Service (photo)
15:00 Marine Recruiting Agency starts implementing a package of educational software for UCL Holding companies
14:29 Average wholesale prices for М-100 HFO up to RUB 6,326 in RF spot market
14:03 'Sulphur cap chaos in 2020' warn world’s shipowners - ICS
13:57 BMT supports installation of Kriegers Flak Foundations
13:53 Multipurpose Reloading Complex doubles its investments in development
13:27 Financial report of Azerbaijan Caspian Shipping Company receives positive review
12:58 Tallink wins prestigious tourism award at Asia’s biggest tourism fair ITB China
12:29 IMO supported Regional Workshop for Latin-American countries to implement treaties dealing with liability and compensation
11:56 Vladimir Serebrennikov elected as Director General of Arkhangelsk Sea Commercial Port
11:20 FESCO reduces delivery time from Republic of Korea to Russia from 23 to 15 days
10:31 Water Transport newspaper celebrates its centenary on 31 May 2018 at Boris Yeltsin Presidential Library
10:08 MOL starts selling of new "Viable Organism Analyzer" for ballast water
10:02 Brent Crude futures price up 0.7% to $79.06, Light Sweet Crude – up 0.69% to $71.86
09:38 NOVATEK creates Maritime Arctic Transport Company
09:17 Baltic Dry Index down to 1,273 points

2018 May 20

09:21 Hapag-Lloyd announces FAK rates from North Europe to Caribbean, Central America and South America West Coast
09:19 EU Ambassadors visit Peru’s largest multipurpose terminal
09:16 SEA\LNG bolsters its knowledge base with the addition of MAN Diesel & Turbo
09:13 Finnlines starts new direct service between Helsinki and Aarhus
09:11 Canadian Coast Guard selects ABS for fleetwide contract

2018 May 19

10:56 CMA CGM announces FAK rates from Asia to North Africa
10:01 CMA CGM announces PSS from Nigeria to India and Vietnam
07:50 Port of Kiel welcomes “Saga Sapphire” maiden visit
07:47 The “GRANDE HALIFAX” christened in Halifax

2018 May 18

18:00 Denis Manturov appointed as the Minister of Industry and Trade of the Russian Federation
17:44 Port of Hamburg posts Q1 2018 results
17:39 Yevgeny Ditrikh appointed as the Minister of Transport of the Russian Federation (photo)
17:38 Seaspan accepts delivery of third 10000 TEU SAVER containership in four ship series
17:35 Prosafe extends standstill agreement with Cosco
17:17 Okskaya Sudoverf delivered Belmax 1, first non-self-propelled tank barge of Project ROB20
16:51 Special event on ports at IMO Headquarters will focus on single window, ports and logistics
16:35 Port of Hamburg receives ‘Best Global Seaport’ award
16:05 IMO begins scoping exercise on autonomous vessels
15:42 Brand-new jetty at Rotterdam LBC Tank Terminals ready for vessels
15:40 HELCOM group meets in Riga to discuss nutrients from land-based sources
15:39 Multimillion pound investment continues in Grangemouth, Scotland's premier port
15:38 India benefits from IMO training on port emissions
15:11 Nevsky Shipyard starts sea trials of medium sea tanker of project 23130 (photo)
14:44 Star Marine takes delivery of RAstar 3400 quartet
13:53 Ladozhsky Bridge in the Leningrad Region drawn twice to let PORT FLEET’s tugboats through
13:47 Eniram signs MoU with Arista Shipping to participate in Project Forward for developing new generation of bulk carriers
13:29 Statoil ASA changes name to Equinor ASA
13:00 Cargo turnover at inland water ways of Azov-Don Basin down 12.7% to 606,000 tonnes
12:42 ABS to provide class and certification services for the entire Canadian Coast Guard fleet
11:57 Astrakhan branch of Zvyozdochka shipyard launches rescue towboat for RF Defence Ministry (photo)
11:35 Huntington Ingalls authenticates keel of submarine Montana (SSN 794)
11:18 Akademik Lomonosov FPU arrives in the Kola Bay (photo)
11:03 UAE signs MoU with ITF
10:32 Throughput of port Kaliningrad in 4M’18 up 10% Y-o-Y to 4.71 million tonnes
10:30 Scorpio Tankers announces sale and leaseback agreements for five product tankers
10:13 Brent Crude futures price up 0.30% to $79.54, Light Sweet Crude – up 0.21% to $71.64
09:56 ZNT Yard launched the lead hydrographic survey vessel and lays down two more HSVs (photo)
09:17 Baltic Dry Index fell to 1,305 points