Austal Australia has entered into a Memorandum of Understanding with UK shipbuilder and shipping services provider Harland & Wolff Group to explore UK shipbuilding opportunities.
The MoU, recently signed at the 2023 Indo Pacific Maritime Exposition in Sydney, includes the transfer of technology, skills and shipyard capabilities required to build the UK’s next generation of patrol vessels for maritime security services, an Austal statement said . published on November 16.
Both parties have identified opportunities in the UK market, including the Border Force vessel replacement programme, and will work together in a non-exclusive partnership on such opportunities, the statement said.
Austal CEO Paddy Gregg said the MoU was the first step towards acquiring new UK business in partnership with Harland & Wolff, an established manufacturing, service and support company active in the maritime defense industry.
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“Harland & Wolff is an ideal partner for Austal in its pursuit of defense opportunities in the UK with the facilities, expertise and capabilities to effectively pursue and assist in the delivery of new vessels for organizations such as the UK Border Force,” said its CEO Austal, Paddy Gregg. .
John Wood, Group Chief Executive of Harland & Wolff, said: “As we embark on the next phase of the company’s growth and development, we will be working with Austal not only to transfer technology for the construction of aluminum boats but also to bring together the hands with when bidding for contracts’.
Maybe Austal’s Cape class to replace the current Stan 4207s in the UK Border Force?
The UK Border Force has a fleet of five patrol vessels, including four Stan 4207 vessels – introduced in the early 2000s – used by maritime security services worldwide. At a length of 42m, the stream Asking-class patrol boats are smaller than Austal ones Cape-Class design, reaching almost 58 meters and used by the Australian Forces, as well as the Trinidad and Tobago Coast Guard.
The renaissance of shipbuilding at Harland & Wolff, which includes its historic Belfast shipyard and other key UK sites such as the Appledore facility in south-west England, is central to the UK’s efforts to improve opportunities for its maritime industries both in the civil and military fields. . Harland & Wolff is part of the consortium that has taken over construction of the UK’s new Fleet Solid Support vesselsintended for the Royal Auxiliary Fleet.
According to GlobalData analysis, Harland & Wolff Group reported revenue of £28 million ($34.91 million) for the financial year 2022 (FY2022), a 51% increase over 2021. The company’s operating loss was £58, 1m in 2022, compared to an operating loss of £22.4m in 2021. The company’s net loss was £70.4m in 2022, compared to a net loss of £25.5m in 2021.
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Read the original at Defence247.gr