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Vosper Thornycroft
VT Group is a privately held United States defense and services company, with its origins in a former British shipbuilding group, previously known as Vosper Thornycroft. The British part of VT Group was integrated into Babcock International in the early 2010s. In July 2012, The Resolute Fund II, LP, an affiliate of The Jordan Company acquired VT Group. History VT Group plc was a British defense and services company, formerly known as Vosper Thornycroft. The company had diversified from shipbuilding into various engineering and support services, becoming involved in many areas of provision through five main operating groups: VT Communications, VT Education and Skills, VT Services Inc and VT Support Services. VT Group exited the shipbuilding industry in October 2009, after selling its 45% share of the Shipbuilding Joint Venture company BVT Surface Fleet to BAE Systems. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, the remainder of the firm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfare st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Put Option
In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the ''underlying''), at a specified price (the ''strike''), by (or at) a specified date (the '' expiry'' or ''maturity'') to the ''writer'' (i.e. seller) of the put. The purchase of a put option is interpreted as a negative sentiment about the future value of the underlying stock. page 15 , 4.2.3 Positive and negative sentiment The term "put" comes from the fact that the owner has the right to "put up for sale" the stock or index. Puts may also be combined with other derivatives as part of more complex investment strategies, and in particular, may be useful for hedging. Holding a European put option is equivalent to holding the corresponding call option and selling an appropriate forward contract. This equivalence is called " put-call parity". Put options are most commonly used in the stock market to pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNFL
British Nuclear Fuels Limited (BNFL) was a nuclear power, nuclear energy and nuclear fuel, fuels company owned by the UK Government. It was a manufacturer of nuclear fuel (notably MOX), ran reactors, generated and sold electricity, reprocessed and managed spent fuel (mainly at Sellafield), and decommissioned nuclear plants and other similar facilities. It was created in February 1971 from the de-merger of the production division of the UKAEA, UK Atomic Energy Authority (UKAEA). Until 2003, its headquarters were at Risley, Warrington, Risley, near Warrington, England. BNFL's headquarters were then moved to Daresbury Park industrial estate, also near Warrington. On 1 April 2005, BNFL formed a new holding company and started a rigorous restructuring process which would transfer or sell most of its entire domain, divisions. In 2005, it transferred all of its nuclear sites to the Nuclear Decommissioning Authority. It then sold its Westinghouse Electric Company subsidiary in February ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trafalgar Wharf, Portchester, Portsmouth
Trafalgar Wharf is a shipyard in Portsmouth accommodating marine engineering businesses ranging from sailmakers and boat brokers to boat builders. It was formerly the VT Halmatic shipyard, owned by VT Group and latterly by BVT Surface Fleet. History In September 2008, Trafalgar Wharf Ltd took over the former BVT Surface Fleet site and renamed it Trafalgar Wharf. The site is the former VT Halmatic shipyard where many smaller Royal Navy warships, such as Fast Patrol Boats and Corvettes were built. BVT Surface Fleet had been formed by the merger of the BAE Systems Surface Fleet Solutions subsidiary with VT Shipbuilding, itself originating as Vosper Thorneycroft. With the sale of the Portchester site, they vacated the yard, bringing an end to the company's use of the area, consolidating operations at its Shipyard facilities in HMNB Portsmouth. Site The Trafalgar Wharf site is located in the upper reaches of Portsmouth Harbour, opposite Port Solent Port Solent is the commerc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boatyard
A shipyard, also called a dockyard or boatyard, is a place where ships are shipbuilding, built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the Shipyard#History, evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Republic of Ireland, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States of America, United States and Vietnam. The shipbuilding industry is more fragmented in Economy of Europe, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAE Systems Surface Fleet Solutions
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. As of 2017, it is the biggest manufacturer in Britain. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, Canada, Japan, India, Saudi Arabia, Turkey, Qatar, Oman and Sweden, where Saudi Arabia is regularly among its top three sources of revenue. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger with Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), by British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE is the successor to var ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glasgow
Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated population of 635,640. Straddling the border between historic Lanarkshire and Renfrewshire, the city now forms the Glasgow City Council area, one of the 32 council areas of Scotland, and is governed by Glasgow City Council. It is situated on the River Clyde in the country's West Central Lowlands. Glasgow has the largest economy in Scotland and the third-highest GDP per capita of any city in the UK. Glasgow's major cultural institutions – the Burrell Collection, Kelvingrove Art Gallery and Museum, the Royal Conservatoire of Scotland, the Royal Scottish National Orchestra, Scottish Ballet and Scottish Opera – enjoy international reputations. The city was the European Capital of Culture in 1990 and is notable for its architecture, cult ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HMNB Portsmouth
His Majesty's Naval Base, Portsmouth (HMNB Portsmouth) is one of three operating bases in the United Kingdom for the Royal Navy (the others being HMNB Clyde and HMNB Devonport). Portsmouth Naval Base is part of the city of Portsmouth; it is located on the eastern shore of Portsmouth Harbour, north of the Solent and the Isle of Wight. Until the early 1970s, it was officially known as Portsmouth Royal Dockyard (or HM Dockyard, Portsmouth); thereafter the term 'Naval Base' gained currency, acknowledging a greater focus on personnel and support elements alongside the traditional emphasis on building, repairing and maintaining ships. In 1984 Portsmouth's Royal Dockyard function was downgraded and it was formally renamed the 'Fleet Maintenance and Repair Organisation' (FMRO). The FMRO was privatized in 1998, and for a time (from 2002 to 2014), shipbuilding, in the form of Shipbuilding#Modern shipbuilding manufacturing techniques, block construction, returned. Around 2000, the designat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woolston, Southampton
Woolston is a suburb of Southampton, Hampshire, located on the eastern bank of the River Itchen. It is bounded by the River Itchen, Sholing, Peartree Green, Itchen and Weston. The area has a strong maritime and aviation history. The former hamlet grew as new industries, roads and railways came to the area in the Victorian era with Woolston formally incorporated into the borough of Southampton in 1920. History Woolston is believed to originate from ''Olafs tun'', a fortified tun on the East bank of the River Itchen established by the Viking leader Olaf I of Norway in the 10th Century. In the Domesday Book of 1086, the area is recorded as ''Olvestune''. The area now known as Woolston is certain to have received consignments of wool to be ferried across the River Itchen, Hampshire by the inhabitants of Itchen Ferry village. The evolution of ''Olvestune'' into "Woolston" is a result of that trade. The former hamlet grew as new industries, roads and railways came to the ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mirabella V
''M5'' is a sloop-rigged super yacht launched in 2003 as ''Mirabella V''. She is the largest single-masted yacht ever built. Ownership ''Mirabella V'' was built as part of a fleet of large sailing yachts used for luxury private charters by Joseph Vittoria, former Chairman and CEO of the Avis car rental company. She was named after Vittoria's previous yachts. ''Mirabella V'' now belongs to Rodney Lewis and has been renamed ''M5''. It is no longer available for charters. Design The owner specifications combined fast sailing with motoryacht amenities. The righting moment of sailing vessels makes them more seakindly than powerboats and ''M5'' has achieved speeds in excess of 19 knots in 8 1/2 ft seas. To achieve the amenity requirements, a single mast was preferred to other rig types in order to maximize interior volumes in keel-stepped sailing yachts; To achieve the performance requirements, the higher aspect ratio of the single mast sail plan was also preferred in order ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portchester
Portchester is a locality and suburb northwest of Portsmouth, England. It is part of the borough of Fareham in Hampshire. Once a small village, Portchester is now a busy part of the expanding conurbation between Portsmouth and Southampton on the A27 main thoroughfare. Its population according to the 2011 United Kingdom census was 17,789 residents. Name Portchester is derived from its former Latin name Portus Adurni and the Old English suffix ''ceaster'' ("fort; fortified town"), itself derived from the Latin word “castrum.” History The fort of Portus Adurni is considered the best-preserved Roman fort north of the Alps. It is sometimes identified as the ''Caer Peris''Nennius (). Theodor Mommsen (). ''Historia Brittonum'', VI. Composed after AD 830. Hosted at Latin Wikisource. listed by the 9th-century ''History of the Britons'' as among the 28 cities of Britain.Ford, David Nash.The 28 Cities of Britain" at Britannia. 2000.Newman, John Henry & al''Lives of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
