News In the frame: 'The Fighting Portsmouth'

Dave Brown is defending his title as winner of the Political Cartoon of the Year tomorrow. Kasia Kowalska meets the man behind the pictures

Cash-in ahead at VSEL: Cambridge don stands to gain nearly pounds 1m from bid for shipyard

AN ENGINEERING professor at Cambridge is set to be the biggest individual winner from any sale of VSEL, the shipbuilder that announced it had received a takeover approach last week.

GEC bides time as doubts rise over BAe bid for VSEL

BRITISH Aerospace faces an uphill battle to convince the City of the logic of its proposed bid for VSEL, the Trident submarine builder.

Doubts over 'rescue' for Swan Hunter

A NEW plan to save Tyneside's Swan Hunter shipyard was given a cool reception by the company's receivers and union leaders.

More than jobs lost as shipyard sinks: David Bowen rues the passing, finally, of the historic naval builder on Tyneside

ON FRIDAY, Swan Hunter lost its last battle: the company that built the Mauretania is sinking amid an unseemly squabble between CMN, the potential buyer, and the receiver from Price Waterhouse.

Swan Hunter goes down amid recriminations

ATTEMPTS to save the Swan Hunter shipyard on Tyneside ended in acrimony yesterday when Soffia/CMN of France withdrew an offer to place a short-term design contract with the yard to secure the jobs of the design team.

TUC: Ministers 'lied over shipyard'

THE GOVERNMENT abandoned the Swan Hunter shipyard at least six months before protracted negotiations over its future ended in failure, according to a potential purchaser, writes Barrie Clement.

Time ebbs away for rescue of Swan Hunter: Shipbuilding on the Tyne now seems to be doomed. Malcolm Pithers reports

SWAN HUNTER, once one of the most famous names in world shipbuilding, is almost certainly going to close down, ending generations of shipbuilding on the Tyne.

Britain misses the boat: After years in the doldrums, there are new opportunities for the shipbuilding industry worldwide. But the once-great yards of Britain may now be too weak to take advantage, says David Bowen

WHEN Bill Scott started as an apprentice at the Fairfields shipyard in the mid-1950s, 50,000 Clydesiders were building half the merchant ships in the world. Now there is one merchant yard left on the river - still Fairfields, which has been renamed Govan and belongs to the Norwegian Kvaerner group. It is one of two UK yards capable of building large merchant ships: the other is Harland & Wolff in Belfast, which belongs to the Norwegian Fred Olsen. Between them they employ 2,900 people.

City & Business: Sinking feeling

Shipbuilding and foreign exchange dealing are industries worlds apart. But both are ultimately dependent on trade. Booming international trade has dramatically boosted demand for both. Britain has been phenomenally successful at foreign exchange dealing, capturing large chunks of market share from both Wall Street and Tokyo, as we report on page 1.

The Somme comes to Glasgow: In a redundant shipyard, actors are recreating the experience of the young volunteers who went off to the trenches

ON THE concrete floor of the cavernous engine shed of the old Harland and Wolff shipyard in Glasgow a remarkable piece of theatre is in the final stages of rehearsal.

CMN proposes new Swan Hunter deal: French firm offers to pay designers and seek new work, while receiver would be responsible for completing last frigate

THE 100-strong design team at the Swan Hunter shipyard will be made redundant next month unless a new deal can be agreed between Soffia/CMN, the French company trying to buy the yard, and Price Waterhouse, the receivers.

Swan Hunter hangs in balance: French rescuer disillusioned by Ministry of Defence price cut for

THE FATE of Swan Hunter could be sealed this weekend as Soffia- CMN, the French group that has tried to rescue the Tyneside shipyard, decides whether to pursue the acquisition.

View from City Road: Unpalatable facts for Swan Hunter

Reprieve or stay of execution? As revealed in the Independent on Saturday, the French shipping group Soffia-CMN has agreed with the receiver of the Swan Hunter shipyard to keep it open for about 12 months. The plan is that Swan Hunter should bid, and, it is hoped, win, a batch of defence work being placed early next year. The yard's remaining 630 workers should, however, hold their breath rather than raise a glass to their French saviours. The news does nothing to alter two unpalatable facts: there is massive overcapacity in shipbuilding; and the MoD prefers to use other UK shipyards.

Swan Hunter bid judged inadequate

THE chances of saving Swan Hunter shipbuilder faded yesterday after receivers said a revised bid to buy the yard, from the French group Soffia, was inadequate, writes Russell Hotten.

Cuttings: Dockyard in bloom

THE GARDEN History Society has long had an interest in the historic dockyard at Chatham, Kent, for here is a layout of Georgian courtyards and gardens that has changed very little since Lord Nelson joined his first ship in 1770. The dockyard is the venue for a garden festival that opens Friday and continues until Sunday. In the walled garden of the Commissioner's House you can see the plans that the Kent Gardens Trust has drawn up for the restoration of the dockyard gardens. The show, however, is essentially modern: greenhouses, fences, mowers, tools, furniture and five marquees full of flowers. You can also see Christopher Proudfoot's collection of old mowing machines. The show is open from 9am to 6pm, admission pounds 5.50.
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