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The information below comes from the UK Activity Report.
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Cammell Laird

Cammell Laird has appointed Close Brothers to undertake a strategic review of its business, which could lead to new alliances, the raising of additional finance and a restructuring of its bonds. 21-Mar-2001

Cammell Laird, the shipbuilder, is considering plans to move out of its Princes Parade office in Liverpool in order to reduce costs, and could end up back at its Birkenhead base or in a smaller office elsewhere. 15-Mar-2001

Cammell Laird has lost out on a £50m cruise ship contract from Costa Crociere of Italy, prompting concern about the future of 600 jobs at its Merseyside shipyard. 24-Jan-2001

Cammell Laird is to receive £32m of government aid to help win a £344m contract to build two luxury cruise ships, which should create or secure 1,000 jobs at Birkenhead and Tyneside. 20-Dec-2000

Cammell Laird is to create up to 300 short-term jobs on Tyneside having won a Ministry of Defence contract to refurbish the helicopter support ship Argus. 16-Nov-2000

Cammell Laird has signed a contract worth up to £344m to build two cruise ships for a new company called Luxus, which will create work at yards on Tyneside, Teesside, Merseyside and Gosport if a government subsidy can be secured. 02-Nov-2000

Cammell Laird is planning to raise £76m in a bond issue next month to fund the expansion of its ship repair business in the US and continental Europe. 26-Sep-2000

Cammell Laird is to buy a 49% stake in the Cascade General shipyard on the US west coast for £5.9m, and has also announced plans for a rights issue to raise funds for further acquisitions. 12-Jul-2000

Cammell Laird is to lease three docks in Marseilles, in order to gain access to the Mediterranean cruise and West African deep-sea oil markets. 10-Jul-2000

Cammell Laird and Harland & Wolff are considering plans to launch a joint bid to build armed forces transport ships, in order to prevent the contracts going to foreign rivals. 29-Jun-2000

Cammell Laird has won a £5m contract to build a ferry for Torghatten Trafikkselskap of Norway, which will secure 100 jobs at its yard on the Tyne. 18-Apr-2000

Cammell Laird is shedding 500 jobs at its Hebburn shipyard on Tyneside, following the completion of a number of orders. 07-Feb-2000

Cammell Laird is bidding for a £500m shipbuilding and port modernisation contract in the Philippines, which could lead to the creation of thousands of jobs on the Tyne. 20-Dec-1999

Cammell Laird is seeking government permission to resume merchant shipbuilding at its Birkenhead yard, as it wants to bid for contracts to build cruise ships. 25-Oct-1999

Cammell Laird is acquiring the Camper & Nicholson luxury yacht name as well as the 160 employees at its Gosport base, as part of an expansion into the leisure marine market. 30-Sep-1999

Cammell Laird is looking to spend up to £30m acquiring a dockyard in the Gulf of Mexico, in order to benefit from the fragmented US ship repair market. 09-Jul-1999

Cammell Laird has closed its ship repair yard in Hill Street, South Shields, with the loss of 80 jobs, following the cancellation of a contract. 01-Apr-1999

Cammell Laird is acquiring ALB Holdings, the operator of four dry docks in the north-east, for £33m, in order to enable it to take on larger ship repair orders. 20-Aug-1998

Cammell Laird has reached agreement to lease and operate the Gibraltar shipyard for 20 years. 19-Feb-1998



The information above comes from the UK Activity Report








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