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Marine News – July 2017

Published 8th August 2017
BAE Systems has been awarded a £457,000 grant from The Solent Local Enterprise Partnership to design and deliver the UK’s first dedicated autonomous systems testing service. Based around Portsmouth, Southampton and the South East of the Isle of Wight, BAE Systems will be working with partners including ASV Global, Blue Bear Systems Research, Marine Electronic Systems and the University of Southampton. The Solent LEP and the partner organisations are investing £1.5 million in the project, which is the first of its kind in ...
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Category: Marine

Marine News – January 2016

Published 31st July 2017
Two Russian investors have bought the motor yacht builder Fairline out of administration for £4.5m in a deal that will keep production in the UK. Officially, Fairline was sold to Fairline Acquisitions, but people familiar with the sale said the company is controlled by Alexander Volov and Igor Glyanenko, based in the UK. They plan to continue operating Fairline from Oundle in the East Midlands, saving 100 jobs from the 450 that were spread across three sites before its administration. “The sale to ...
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Category: Marine