Fisher (james) & Sons Share Discussion Threads

[rivaldo] 15/4/2014 14:13

FSJ are already busy with their new vessel supporting offshore wind:



"£3m new generation vessel could soon be based in Grimsby as first charter is underway from town port
By Grimsby Telegraph | Posted: April 15, 2014
By David Laister

A FIRST mission for a new generation of offshore wind vessel, built with military expertise and industry know-how, is being completed out of Grimsby, underlining the town's operations and maintenance credentials.

RES Offshore secured the maiden charter of SMV1, to be named Dart Fisher at a future date, as the company embarked on the first operations and maintenance visit to the Round Three Dogger Bank meteorological masts.

And the owner of the £3.8-million vessel, James Fisher Marine Services, anticipates one of a fleet of six to be built could be permanently based in the town, as it was revealed a minimum of 40 boats will use Grimsby as the summer work campaign begins.

The 26-metre catamaran can take three 20ft containers – as well as 12 engineers – out to the furthest offshore wind farms the UK has plans for.

Andy Nattrass, marine operations project manager for James Fisher, said: "This is a multi-role vessel not limited to one task. We see it as a Swiss Army Knife, we can put different equipment that we own or the client owns, to perform many different roles.

"Whatever is in those containers we can support," he said. "If people are living in them, they can be plumbed and plugged in, if it is for divers we can take a decompression chamber. It could be cranes."

Major upgrades to Port of Grimsby East's lock gates means the largest vessel of its kind to see Grimsby can now be facilitated, regardless of tide time.

etc"

[scottishfield] 14/4/2014 15:00

bought a few more today

[roddiemac2] 11/4/2014 08:33

rivaldo,

As you say, FSJ is at the forefront of things being done on and under the sea.

The pace of change in the "last frontier" is accelerating as technology and invention solve more of the problems associated with a relatively untameable environment: an environment which, of necessity, we must exploit.

The potential in the markets that FSJ operates in is still enormous .

[rivaldo] 11/4/2014 07:15

News of a "significant" contract win....



"Fenders for defence
10 Apr 2014

UK Norfolk based Fendercare Marine, supplier of marine products and services, has won a significant contract to supply Yokohama fenders to the UK Ministry of Defence (MoD).

The three year contract is for the supply of 3.3m x 6.5m Yokohama original pneumatic fenders – 18 of which have been supplied to date, with potentially more to follow.

Fendercare Marine has been working closely with the MoD to design a protective tyre net which would not only be non-marking to the ship's hull but would provide minimal fender maintenance issues.

Visit Fendercare Marine at Seawork 2014 on stand number A139"

[rivaldo] 10/4/2014 08:46

I love FSJ's strategy and the way they anticipate the way the maritime industry is going - there's all sorts of news flow showing that they're at the forefront of things.

Firstly, I was interested to see this from Thalassa's RNS this morning:

"We believe that AUVs will revolutionise the way seismic data will be collected in the not too distant future and believe that we are at the forefront of developments in this exciting new industry."

Autonomous underwater vehicles (AUVs) and remotely operated underwater vehicles (ROVs) are an area where FSJ have been rapidly building their expertise and presence globally.

FSJ have also just bought a ship to enhance their support operations for the renewables sector amongst others:



""We are pleased to be able to offer this highly flexible offshore support vessel, to provide efficient and potentially cost-saving operation and maintenance solutions," commented Andy Nattrass, marine operations project manager for James Fisher Marine Services. "This service is likely to be particularly of interest to the fast-growing offshore wind energy sector, for which we are able to combine it with bespoke innovations such as our 'Ship-to-Turbine™' oil transfer concept, an innovative and cost-effective method of exchanging gearbox and hydraulic oils for offshore wind farms. Whether providing services in marine renewable energy in this way, supporting offshore oil and gas operations, or enabling surveying and diving operations, the new SMV 24 vessel provides a highly flexible, multi-role capability that sets a new benchmark in offshore support.""

And FSJ's Osiris division have completed a world first training course to help with offshore wind and other offshore activities in general:

[scottishfield] 09/4/2014 16:10

good reaction (up) here today

[scottishfield] 09/4/2014 10:11

Couldn't resist a few more this morning also :)

[scottishfield] 08/4/2014 16:37

had a few at the close there, good top up territory

[rivaldo] 08/4/2014 16:31

Sharp drop on tiny volumes, in common with the rest of the market rather than anything in particular.

Chart-wise this looks like the ideal time for a bounce upwards.

[rivaldo] 04/4/2014 09:32

Good luck and thanks battlebus, hope everything's OK.

I'll continue to hold. FSJ is on a global growth trajectory and appears to have an extremely supportive shareholder base in the City now.

It wouldn't surprise me to see some more very big contract wins for Fendercare in particular.

[roddiemac2] 04/4/2014 09:14

battlebus2,

Take care, and I wish you good luck.

[3800] 04/4/2014 08:44

hi battlebus2 I've sold my holding here too as well as several others after holding for over a decade.
3800

[battlebus2] 04/4/2014 07:22

I decided to scale back my share trading and my portfolio and sold my holding here. Best of luck to all holders and especially Rivaldo for keeping us all informed over what has been a fantastic few years.

[rivaldo] 03/4/2014 12:40

FSJ expanding in Ghana via a JV:



"Fendercare Marine commences operations in Ghana
News Date: 26th March 2014

Fendercare Marine, one of the world's leading suppliers of marine equipment and services, has commenced operations in Ghana.

The company has formally opened its Ghana office to offer support to the marine and oil and gas industries in the country.

With many years of experience in a wide range of specialisations, the company is uniquely placed to provide effective solutions for any business involved in ships or the sea.

A member of James Fisher & Sons plc, the UK's leading marine service company, Fendercare Marine leverage extensive capabilities of other Group companies to provide complete solutions that create superior value for its customers in the global marine sector.

Fendercare serves four principal markets including commercial marine, offshore energy, renewals and Naval.

The commercial marine aspect includes ship builders, owners and operators, port construction and management.

While offshore energy includes equipment and services for rigs, pipelines, shore facilities and support vessels.

Naval services include jetty, berthing and shipboard solutions for the world's navies.

Fendercare Marine's operations in Ghana will be a joint-venture between it and Ghanaian company Bayfield Oil Services."

[scottishfield] 01/4/2014 10:26

better looking chart now (a seller at around 0930am wanting away?)

[bouleversee] 31/3/2014 13:12

Thanks; will do so.

[scottishfield] 31/3/2014 12:43

Renew Holdings bouleversee, you can look it up on advfn in the usual way

sp; just the natural course of things, nothing untoward imo.

[bouleversee] 31/3/2014 12:41

So why's FSJ's share price dropping, do you suppose?

What does RNWH stand for, please?

[scottishfield] 31/3/2014 12:19

Yes, I have a good holding there now too riv, again after following it for a while & getting in abt a year ago. (RNWH & FSJ are two of my top favourites I must say) thks again, s-f

[rivaldo] 31/3/2014 11:53

No probs. As an aside re RNWH (which I've been invested in for ages), it's also worth noting that RNWH's Shepley Engineers are part of a consortium with James Fisher Nuclear re Sellafield etc, so may also stand to benefit:

[scottishfield] 31/3/2014 11:47

cheers, riv, thank you. again v good news.

[rivaldo] 31/3/2014 11:43

Hello....news was released a few minutes ago as follows:

"Cavendish Fluor Partnership named as preferred bidder in £multi-billion nuclear decommissioning contract"

in respect of proposals to "take the 12 historic nuclear sites into the final stages of decommissioning":



It just so happens that Cavendish Nuclear are already clients of FSJ.....

[rivaldo] 25/3/2014 09:04

FSJ showing its LNG expertise:



"17 March 2014
Strainstall and Fendercare Marine showcasing at the world's premier natural gas conference and exhibition

Following their success with the Shell Prelude vessel in supplying the side-by-side mooring equipment (quick release hooks, load monitoring, fenders and davits), Strainstall and Fendercare Marine are exhibiting at Gastech, the world's premier natural gas conference and exhibition in Korea.

The event will be held at Kintex 1, Koyang city, South Korea, on 24-27 March, 2014. You can visit Strainstall on stand E360.

Both companies, part of James Fisher and Sons plc, the UK's leading marine services provider, will be highlighting their expertise within the LNG industry. With nearly 50 years' experience, Strainstall will be exhibiting the products supplied to Prelude alongside their newly advanced Integrated Monitoring and Management System (IMMS). This innovative system will integrate both Strainstall and other vendors' information to provide vessels with a complete monitoring system, including but not limited to anchor chain load monitoring, environmental conditional monitoring, hull stress monitoring and load/ballast management.

Strainstall works in conjunction Fendercare Marine, providing full LNG STS operational and consultancy services and pilotage, fendering solutions and diving and ROV services."

[scottishfield] 24/3/2014 11:24

absolutely riv, v good indicator

[rivaldo] 24/3/2014 11:09

RNS out - great to see the Chairman buying shares at these levels. He's bought almost £20,000's worth at 1530p:



I wonder how many shares he intends to buy under this new Trading Plan?