The Hope for Scotland Shipping

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March 1, 2013 Procurement Consulting – Brickwork Sourcing The Hope for Scotland Shipping The Hope for Scotland Shipping Brickwork India (Confidential) www.brickworksourcing.com

description

This presentation gives insights into the shipping industry in Scotland and its growth. With major deals from the defence sector and growth observed in the construction and assembly of both warship and support vessels, there is a lot of promise for the industry. The new trend seems to be in the production of small leisure craft such as fast ferries, fast freight, luxury yachts and ship conversion.

Transcript of The Hope for Scotland Shipping

Page 1: The Hope for Scotland Shipping

March 1, 2013Procurement Consulting – Brickwork Sourcing

The Hope for Scotland ShippingThe Hope for Scotland Shipping

Brickwork India (Confidential)

www.brickworksourcing.comwww.brickworksourcing.com

Page 2: The Hope for Scotland Shipping

Scotland which makes up one third of the UK shipbuilding market caters primarily to the UK defence sector.

The Scottish based activity is focused mainly on the design, manufacture and support of complex warships and specialist ships.

With more than 450 companies involved in the Scottish marine industry and an annual turnover in excess of £2 billion there is increasing growth being observed in the industry.

The rate of exports from the industry is huge with more than 85% of the companies exporting their goods and services.

Scottish ports handle about 17% of UK trade by volume. As the levels of coastwise freight see an upsurge to the tune of close to 30 million tons, the ship building industry in Scotland is picking up momentum.

A major part of Scottish shipbuilding is in warship and fleet support vessels and is now dominated by BAE Systems.

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Current Scenario

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The Scotland Ministry of Defense contracts in 2012 was worth billions of pounds to build the next generation of Royal Navy frigates.

Ship building activity has been going on steadily at various sites around Scotland and many constructed ships have departed from construction sites to assembly sites.

BAE Systems, which own the Govan and Scotstoun shipyards, has been awarded a four-year, £127million contract to design and plan new Type 26 combat ships.

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The Future Road

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Investment opportunities lie in the Ship repair industry which currently only has a local focus and is aiming to expand.

Marine research and development support needs investments and Scottish companies are looking for collaborations and partners to assist them going forward.

Construction of specialist vessels such as gas and chemical carriers is significant in Scotland.

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Growth Drivers and Opportunities

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Market Potential

The market potential for the Scotland shipping industry lays in the defence sector and in the construction and assembly of both warship and support vessels.

There is potential for the Scotts to expand the industry to include production of small leisure craft such as fast ferries, fast freight, luxury yachts and ship conversion.

Brickwork Sourcing works with global companies and has capabilities of providing end-to-end sourcing as well as vendor and supply chain management solutions.

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“The information contained in this document that includes text, graphics and links, are provided on an “as-is”, "with all faults" and "as available" basis and are without warranty of any kind. While Brickwork relies on sources that are believed to be reliable, it cannot rule out errors in judgment or application. The document is intended for “information” and “general guidance” purposes only.” Investment decisions and/or other decisions based on the conclusions and potential strategies mentioned in the document are not necessarily endorsed by the Brickwork management.”

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About Brickwork Sourcing

Brickwork is the pioneer of the Virtual Office business. We provide virtual support for businesses across the globe. Our well informed Remote Sourcing Analysts (RSAs) can provide support at any or all stages of your sourcing lifecycle. Your Virtual Sourcing Office can be a large team of analysts supporting large companies with established procurement processes or a one-man-show to function as your entire procurement office.

Disclaimer

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THANK YOUTHANK YOUContact:[email protected] Sanjeeth HegdeIndia: +91 (80) - 4040 – 9999 (218 Ext)

13 April 2023

www.brickworksourcing.comwww.brickworksourcing.com