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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fisher (james) & Sons Plc | LSE:FSJ | London | Ordinary Share | GB0003395000 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.00 | -0.36% | 275.00 | 271.00 | 279.00 | 283.00 | 271.00 | 283.00 | 22,699 | 16:35:17 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Deep Sea Frn Trans-freight | 520.9M | -11.1M | -0.2205 | -12.29 | 136.44M |
From Apr 2019 to Apr 2024
TIDMFSJ
RNS Number : 1320Y
Fisher (James) & Sons plc
01 March 2017
1 March 2017
JAMES FISHER AND SONS PLC (FSJ.L)
SaTURATION DIVING CONTRACT
James Fisher and Sons plc (FSJ.L) ("JFS") today announces that its joint venture company, Wuhu Divex Diving Systems Limited, has been awarded a contract by Shanghai Salvage to supply a mobile, 12 man saturation diving system capable of diving to depths of 300m. The system is due for delivery in the second half of 2018. Mobile systems can be deployed on several vessels in the Shanghai Salvage fleet and support salvage, subsea installation and intervention projects in an efficient and cost-effective manner.
Government owned Shanghai Salvage is one of the biggest professional salvage companies in China and in November 2016, the Group's subsidiary, JFD, was awarded a contract to build a 24 man saturation diving system rated for diving support to depths of 500m.
Nick Henry, Chief Executive Officer of JFS said:
"We are delighted that our joint venture, Wuhu Divex Diving Systems Limited, which is dedicated to the Chinese market, has won its first contract for a significant saturation diving system."
Contacts
Hot Features
Premium
James Fisher
and Sons plc Nick Henry CEO 020 7614 9508
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Richard
Mountain
Susanne
FTI Consulting Yule 0203 727 1374
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Note
Wuhu Divex Diving Systems Limited is a joint venture between JFD, a subsidiary of James Fisher and Sons plc and Wuhu Diving Equipment Factory, a subsidiary of Shanghai Salvage Company (SSC) and is the only company in China specialising in the manufacture of heavy diving equipment. Wuhu Divex Diving Systems Limited, which was established in December 2016, is dedicated to the assembly of advanced diving systems for the Chinese market.
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTTPMPTMBITBJR
(END) Dow Jones Newswires
March 01, 2017 02:01 ET (07:01 GMT)
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