Vision and Precision

Total Page:16

File Type:pdf, Size:1020Kb

Vision and Precision Babcock International Group PLC PLC Group International Babcock Annual Report and Accounts 2016 Report Accounts and Annual Vision and Precision Babcock International Group PLC Annual Report and Accounts 2016 Babcock is the UK’s leading engineering support services organisation. Operating in the UK and overseas, we are trusted to deliver complex and critical support to the defence, energy, emergency services, transport and education sectors. We pride ourselves on our long-term customer focused relationships and engineering excellence. Celebrating 125 years of Babcock. Babcock’s long and distinguished heritage reaches a new landmark in 2016, celebrating 125 years of service excellence. Established in 1891, with our foundation in heavy engineering, the business has gone through a major transformation, creating the market-leading, engineering support services, FTSE 100 company we are today. In 2016, Babcock employs over 35,000 skilled people worldwide who design, build, manage, operate, maintain and decommission complex and critical infrastructure and assets that are vital to both our public and private sector customers. www.babcockinternational.com Forward-looking statements Certain statements in this Annual Report and Accounts are forward-looking statements. Such statements may relate to Babcock’s business, strategy and plans. Statements that are not historical facts, including statements about Babcock’s or its management’s beliefs and expectations, are forward-looking statements. Words such as ‘believe’, ‘anticipate’, ‘estimates’, ‘expects’, ‘intends’, ‘aims’, ‘potential’, ‘will’, ‘would’, ‘could’, ‘considered’, ‘likely’, and variations of these words and similar future or conditional expressions are intended to identify forward-looking statements but are not the exclusive means of doing so. By their nature, forward-looking statements involve a number of risks, uncertainties or assumptions, some known and some unknown, that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements, many of which are beyond Babcock’s control. Please see pages 64 to 74 which set out some of these risks and uncertainties. These risks, uncertainties or assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this Annual Report and Accounts regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Nor are they indicative of future performance and Babcock’s actual results of operations and financial condition and the development of the industry and markets in which Babcock operates may differ materially from those made in or suggested by the forward-looking statements. You should not place undue reliance on forward-looking statements because such statements relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements reflect Babcock’s judgement at the time of preparation of this Annual Report and Accounts and are not intended to give any assurance as to future results. Except as required by law, Babcock is under no obligation to update (and will not) or keep current the forward-looking statements contained herein or to correct any inaccuracies which may become apparent in such forward-looking statements. Strategic report 2 Directors’ report 76 Financials 136 In this report Strategic report For more details on Overview our strategy Our journey so far 02 see Chairman’s statement 04 Strategy 06 Our capabilities and business model 08 Our capabilities in focus 12 6-7 In the year – 2016 in focus 18 Chief Executive’s review 20 In the year – selected key markets and outlooks 24 Group financial statements Performance Independent auditors’ report to the Key performance indicators 26 members of Babcock International Financial review 28 Group PLC 136 Marine and Technology 36 Group income statement 142 Defence and Security 42 Group statement of Support Services 46 comprehensive income 143 International 50 Group statement of changes in equity 143 Sustainability 56 Group balance sheet 144 Principal risks and management controls 64 Group cash flow statement 145 Viability statement 75 Notes to the Group financial statements 146 Company financial statements For more Independent auditors’ report to the details on our members of Babcock International capabilities Group PLC 193 and business Company balance sheet 195 model see Company statement of changes in equity 196 Notes to the Company 8 -11 financial statements 197 Other information Shareholder information 202 Five-year financial record 203 Directors’ report For our Chief Executive’s Board Directors, Executive and Company review of the Secretary 76 year see Governance statement 78 Report of the Nominations Committee 86 Report of the Audit and Risk Committee 88 Remuneration report 92 Other disclosures 129 Directors’ responsibility statement 135 20 Maintaining the RAF Fast Jets Annual Report and Accounts 2016 Babcock International Group PLC 1 Understanding our business Our journey so far Celebrating 125 years of Babcock We’ve been at the forefront of industry for 125 years and our market leading reputation is based upon one key fact: Babcock is a partner that is trusted to deliver. Yesterday, today and tomorrow. The timeline shows our beginnings in 1891, through our transition to the UK’s leading engineering support services company. Through a selection of key contracts and strategic business acquisitions, the timeline demonstrates our breadth and expertise in delivering long-term, complex and critical contracts and programmes. Royal School of Military Engineers Training future military engineers for 30 years with the Royal School of Military Engineers Maintenance of RAF Hawk Fast Jets Established in 1891 with our foundation in heavy engineering, the business has gone through a major transformation, creating the market-leading, engineering support services, FTSE 100 company we are today. Revenue £452m 1891 >>> 2002 2003 2004 2005 2006 2007 2008 Management of Acquired Through-life HMNB Clyde Devonport submarine Trusted partner Dockyard support for the Royal Navy Providing contract for complex the Royal through-life Canadian support to the Navy UK submarine and surface fleets Began building what is now Cavendish Nuclear, the UK’s largest nuclear engineer 2 Babcock International Group PLC Annual Report and Accounts 2016 Annual Report and Accounts 2016 Babcock International Group PLC 3 Strategic report 2 Directors’ report 76 Financials 136 Revenue £4,842m Dounreay decommissioning contract Cavendish Nuclear, in a consortium, wins the first major long-term nuclear site decommissioning contract for the Acquisition Nuclear Decommissioning Authority of VT Providing increased engineering and training capabilities in core markets Mission Critical Services Revenue World’s number one provider of aviation emergency services £1,915m Maritime Support Delivery Framework (within ToBA) A 5-year contract confirming complex through-life support at HMNBs Clyde and Devonport until 2020 2009 2010 2011 2012 2013 2014 2015 2016 >>> Babcock now 15-year Terms Long-term ANZAC frigate Complex Magnox and RSRL Defence trains all three of Business partnership support and critical Cavendish Nuclear, Support Group of the UK’s Agreement training the Provide airport fleet in a consortium, Providing bespoke Armed Forces (ToBA) with London Fire through-life management wins contract to through-life MOD Brigade support for at Heathrow manage and support to the Signed an Providing Australia’s decommission UK’s armoured agreement with critical technical ANZAC frigate 12 nuclear vehicle fleets, MOD to provide training in fleet licensed sites with critical through-life a 25-year across the equipment support to the contract UK over 13.5 years procurement entire UK submarine and 75% of surface fleets at Rosyth and HMNBs Clyde and Devonport 2 Babcock International Group PLC Annual Report and Accounts 2016 Annual Report and Accounts 2016 Babcock International Group PLC 3 Chairman’s review Strategy delivers good results Our performance reaffirms the Board’s confidence in the effectiveness of our strategy and business model as we continue to grow the business in the UK and further develop our international presence, building on our existing footprint in both established markets and in newer territories to which our Mission Critical Services business has given us access. This year we created an International Committee to ensure that we are able to identify and capture opportunities where our unique capabilities, track record of delivery and focus on the customer are ideally suited to meet the increasing demand for skilled and reliable outsourcing partners. The Group achieved 8% growth in total underlying revenue to £4,842.1 million, equivalent to an 8% growth in organic revenue. Total underlying operating profit including acquisitions increased Mike Turner CBE by 4% to £539.7 million or 6% organically Chairman at constant exchange rates. Underlying profit before tax increased by 10%. 2016 was another good year for Babcock. This resulted in an increase in underlying basic earnings per share of 8% to 74.2 We have delivered solid growth in revenue, pence (2015: 68.5 pence). operating profit and earnings per share, and Our order book has been maintained continue to provide consistent and sustainable at £20 billion and our bidding pipeline value for our shareholders. I’m particularly
Recommended publications
  • Covid-19 - Royal Navy Staff Contact List Surname Forename L&D Hub Role Contact No
    COVID-19 - ROYAL NAVY STAFF CONTACT LIST SURNAME FORENAME L&D HUB ROLE CONTACT NO. CONTACT EMAIL ARNOLD-BHATTI KHALIDA HMNB PORTSMOUTH eLA Work mob: 07513 483808 ASTON JIM 43 CDO RM CLYDE LT RN / OIC/ERO [email protected] Mil: 93255 6911, ATKINSON GARTH HMNB CLYDE LT CDR, RN [email protected] Civ: 01436 674321 Ext 6911 BAKER IAN RNAS Yeovilton Coord Contact Via TSM Contact via Pam Fisher BALLS SARA LDO APPS LT CDR, RN [email protected] BANKS TERRIE RNAS Yeovilton NRIO 07500 976770 Contact via Pam Fisher BEADNELL ROBERT HMNB PORTSMOUTH LT CDR, RN / OIC 07527 927699 BENNETT ZONA RNAS Yeovilton Coord Contact via Pam Fisher Contact via Pam Fisher BRADSHAW NICK 30 CDO RM, STONEHOUSE TUTOR 07376 335930 BRICE KAREN CTCRM IT Manager 07795 434832 Mil: 93781 2147 BRICKSTOCK STEPHEN RNAS CULDROSE OIC / ERO Civ: 01326 552147 [email protected] Mob: 07411 563346 BUTLER RACHEL HMNB DEVONPORT [email protected] CARPENTER NEIL 30 CDO RM, STONEHOUSE Co-ord / ELA 01752 217498 CHEAL ANDY LDO HQ CDR, RN 07976 455653 [email protected] CLARKE ELAINE RNAS CULDROSE Tutor 07962 118941 Contact via primary POC - OiC Steve Brickstock CLARKE SOPHIE RNAS CULDROSE EDO contact via OiC Contact via primary POC - OiC Steve Brickstock COLEMAN LAURA HMNB CLYDE [email protected] CRAWFORD COLJN NCHQ / HMS COLLINGWOOD RN ELC Scheme Manager [email protected] Mil: 9375 41509 DENWOOD MARTIN HMS RALEIGH OIC/ERO [email protected] Civ: 01752 811509 DRINKALL KATHRYN RNAS Yeovilton LT CDR, RN ASSIGNED TO COVID-19 [email protected] EASTERBROOK LEIGH 30 CDO RM, STONEHOUSE Co-ord/Reset/GCSEs 07770 618001 EWEN HAYLEY HMNB PORTSMOUTH Nelson Co-ord 02392 526420 1 09/04/20 SURNAME FORENAME L&D HUB ROLE CONTACT NO.
    [Show full text]
  • The Referendum on Separation for Scotland
    House of Commons Scottish Affairs Committee The Referendum on Separation for Scotland Written evidence Only those submissions written specifically for the Committee and accepted by the Committee as evidence for the inquiry into the referendum on separation for Scotland are included. List of written evidence Page 1 Professor Bernard Ryan, Law School, University of Kent 1 2 Francis Tusa, Editor, Defence Analysis 8 3 Professor Jo Shaw, University of Edinburgh 14 4 Dr Phillips O’Brien, Scottish Centre for War Studies, University of Glasgow 21 5 Electoral Commission 24 6 Rt Hon Michael Moore MP, Secretary of State for Scotland 28 7 Ministry of Defence 29 8 Brian Buchan, Chief Executive, Scottish Engineering 46 9 Babcock 47 Written evidence from Professor Bernard Ryan, Law School, University of Kent Introduction If Scotland were to become independent, its relationship with the United Kingdom would have to be defined in the fields of nationality law and immigration law and policy. This note offers a summary of the relationship between the Irish state1 and the United Kingdom in those fields, and some thoughts on possible implications for Scottish independence. 1. Nationality Law 1.1 The Irish case A new nationality The nationality law of a new state must necessarily provide for two matters: an initial population of nationals on the date of independence, and the acquisition and loss of nationality on an ongoing basis. In the case of the Irish state, the initial population was defined by Article 3 of the Irish Free State Constitution of 1922. Article 3 conferred Irish Free State citizenship upon a person if they were domiciled in the “area of the jurisdiction of the Irish Free State” on the date the state was founded (6 December 1922), provided (a) they had been resident in that area for the previous seven years, or (b) they or one of their parents had been born in “Ireland”.2 A full framework of nationality law, covering all aspects of acquisition and loss of nationality, was not then adopted until the Irish Nationality and Citizenship Act 1935.
    [Show full text]
  • STATEMENT of REQUIREMENTS for the Supply of Upholstery and Soft
    UPHOLSTERY AND SOFT FURNISHINGS STATEMENT OF REQUIREMENTS – MEDGS/0011 STATEMENT OF REQUIREMENTS for the supply of Upholstery and Soft Furnishings UPHOLSTERY AND SOFT FURNISHINGS STATEMENT OF REQUIREMENTS – MEDGS/0011 CONTENTS Section Title 1. Introduction 2. Quality, Defects and Non Conformance 3. Prices 4. Logistics 5. Development 6. Management 7. Key Performance Indicator 8. One Off Special Item or Service Requests 9. Electronic Catalogue Annexes A Distribution Addresses B Authorised Demanders B1 Delivery Addresses C Delivery Addresses D Deliveries Into Defence Storage And Distribution Agency Bicester and Donnington (DSDA) E One Off Special Items or Services F Key Performance Indicators G Procedure for P2P Demand Orders H Procedure for Non-P2P Demand Orders i UPHOLSTERY AND SOFT FURNISHINGS STATEMENT OF REQUIREMENTS – MEDGS/0011 1. INTRODUCTION 1.1 This Statement of Requirements (StOR) sets out the Medical and General Supplies team's (M&GS) requirements for the supply of Textiles, Upholstery and soft furnishings requirements. 1.2 The Contractor shall supply the Articles and Services detailed in the SOR, as they are ordered by authorised Demanding Authorities listed at Annex B of this StOR and in the Master Database. The majority of demands under this Contract will be direct for the customers detailed in the Master Database. Demands for stock into the main delivery points will form the lesser part of the contract. As well as timely delivery of the Articles to the Authority, the Contractor must endeavour to achieve reductions in Article
    [Show full text]
  • Devonport Royal Dockyard (Devonport Royal Dockyard Ltd and HM Naval Base Devonport)
    Title of document Office for Nuclear Regulation (ONR) Quarterly Site Report for Devonport Royal Dockyard (Devonport Royal Dockyard Ltd and HM Naval Base Devonport) Report for period 1 July to 30 September 2015 Foreword This report is issued as part of ONR's commitment to make information about inspection and regulatory activities relating to the above sites available to the public. Reports are distributed quarterly to members for the Local Liaison Committee and are also available on the ONR website (http://www.onr.org.uk/llc/). Site inspectors from ONR usually attend Devonport Local Liaison Committee meetings and will respond to any questions raised there. Any person wishing to inquire about matters covered by this report should contact ONR. Template Ref: ONR-DOC-TEMP-008 Revision 3 Page 1 of 8 Quarterly Site Report for Devonport – QTR 3 2015 TRIM Ref: 2015/XXXXXX TABLE OF CONTENTS 1 INSPECTIONS .................................................................................................................... 3 2 ROUTINE MATTERS .......................................................................................................... 3 3 NON-ROUTINE MATTERS ................................................................................................. 7 4 REGULATORY ACTIVITY ................................................................................................... 7 5 NEWS FROM ONR ............................................................................................................. 8 6 CONTACTS ........................................................................................................................
    [Show full text]
  • Part 4: Conclusions and Recommendations & Appendices
    Twentieth Century Naval Dockyards Devonport and Portsmouth: Characterisation Report PART FOUR CONCLUSIONS AND RECOMMENDATIONS The final focus of this report is to develop the local, national and international contexts of the two dockyards to highlight specific areas of future research. Future discussion of Devonport and Portsmouth as distinct designed landscapes would coherently organise the many strands identified in this report. The Museum of London Archaeology Portsmouth Harbour Hinterland Project carried out for Heritage England (2015) is a promising step in this direction. It is emphasised that this study is just a start. By delivering the aim and objectives, it has indicated areas of further fruitful research. Project aim: to characterise the development of the active naval dockyards at Devonport and Portsmouth, and the facilities within the dockyard boundaries at their maximum extent during the twentieth century, through library, archival and field surveys, presented and analysed in a published report, with a database of documentary and building reports. This has been delivered through Parts 1-4 and Appendices 2-4. Project objectives 1 To provide an overview of the twentieth century development of English naval dockyards, related to historical precedent, national foreign policy and naval strategy. 2 To address the main chronological development phases to accommodate new types of vessels and technologies of the naval dockyards at Devonport and Portsmouth. 3 To identify the major twentieth century naval technological revolutions which affected British naval dockyards. 4 To relate the main chronological phases to topographic development of the yards and changing technological and strategic needs, and identify other significant factors. 5 To distinguish which buildings are typical of the twentieth century naval dockyards and/or of unique interest.
    [Show full text]
  • Naval Dockyards Society
    20TH CENTURY NAVAL DOCKYARDS: DEVONPORT AND PORTSMOUTH CHARACTERISATION REPORT Naval Dockyards Society Devonport Dockyard Portsmouth Dockyard Title page picture acknowledgements Top left: Devonport HM Dockyard 1951 (TNA, WORK 69/19), courtesy The National Archives. Top right: J270/09/64. Photograph of Outmuster at Portsmouth Unicorn Gate (23 Oct 1964). Reproduced by permission of Historic England. Bottom left: Devonport NAAFI (TNA, CM 20/80 September 1979), courtesy The National Archives. Bottom right: Portsmouth Round Tower (1843–48, 1868, 3/262) from the north, with the adjoining rich red brick Offices (1979, 3/261). A. Coats 2013. Reproduced with the permission of the MoD. Commissioned by The Historic Buildings and Monuments Commission for England of 1 Waterhouse Square, 138-142 Holborn, London, EC1N 2ST, ‘English Heritage’, known after 1 April 2015 as Historic England. Part of the NATIONAL HERITAGE PROTECTION COMMISSIONS PROGRAMME PROJECT NAME: 20th Century Naval Dockyards Devonport and Portsmouth (4A3.203) Project Number 6265 dated 7 December 2012 Fund Name: ARCH Contractor: 9865 Naval Dockyards Society, 44 Lindley Avenue, Southsea, PO4 9NU Jonathan Coad Project adviser Dr Ann Coats Editor, project manager and Portsmouth researcher Dr David Davies Editor and reviewer, project executive and Portsmouth researcher Dr David Evans Devonport researcher David Jenkins Project finance officer Professor Ray Riley Portsmouth researcher Sponsored by the National Museum of the Royal Navy Published by The Naval Dockyards Society 44 Lindley Avenue, Portsmouth, Hampshire, PO4 9NU, England navaldockyards.org First published 2015 Copyright © The Naval Dockyards Society 2015 The Contractor grants to English Heritage a non-exclusive, transferable, sub-licensable, perpetual, irrevocable and royalty-free licence to use, copy, reproduce, adapt, modify, enhance, create derivative works and/or commercially exploit the Materials for any purpose required by Historic England.
    [Show full text]
  • Ship Shape As We Embark Upon a Project to Replace THV Patricia, We Take a Look at the Project Set-Up, Fact-Finding Missions and Progress So Far AUTUMN 2019 | ISSUE 31
    The Trinity House journal // Autumn 2019 // Issue 31 Ship shape As we embark upon a project to replace THV Patricia, we take a look at the project set-up, fact-finding missions and progress so far AUTUMN 2019 | ISSUE 31 9 10 1 Welcome from Deputy Master, Captain Ian McNaught 13 2-4 Six-month review 5 News in brief 6 Coming events 7-8 Appointments/obituaries 9 27 Staff profile 10-12 THV Patricia replacement 13-14 Royal Sovereign decommissioning 15 Lundy North modernisation 16-17 Portland Bill upgrade 18 38 Swansea Buoy Yard lift 19-21 World Marine AtoN Day 22-24 Investments on the way IALA and the inception of an IGO Welcome to another edition of Flash; our staff have been hard at work driving forward 25 a number of projects with a great deal of progress to show for it. Many thanks are due IALA AtoN Manager course to everyone who contributed news and features to the issue, as always. Multi-skilled project teams have been working on two significant projects: one to 26-31 procure a vessel to replace the 1982-built THV Patricia, and another to manage the Charity update safe removal of the now-deteriorating Royal Sovereign Lighthouse. Elsewhere it was great to see the twin successes of Maritime Safety Week and 32-35 World Marine Aids to Navigation Day—both on 1 July—as our maritime partners at Partner profile: UK the Department for Transport and IALA further commit themselves to raising the Hydrographic Office profile of the national and global maritime sector.
    [Show full text]
  • Aircraft and Shipbuilding Industries Act 1977
    Aircraft and Shipbuilding Industries Act 1977 CHAPTER 3 ARRANGEMENT OF SECTIONS PART I THE CORPORATIONS Constitution and functions Section 1. British Aerospace and British Shipbuilders. 2. General duties of the Corporations. 3. Powers of the Corporations. 4. Corporations to give effect to directions of Secretary of State. 5. Duties of the Corporations to review and report on management of their affairs. 6. Machinery for settling terms and conditions of employment etc. 7. Formulation of the Corporations' policies and plans and conduct of their operations. 8. Furnishing and publication of information by the Corporations. 9. Control by Corporations of wholly owned subsidiaries. Financial provisions 10. Financial duties of the Corporations. 11. Borrowing powers of the Corporations and their wholly owned subsidiaries. 12. Loans by the Secretary of State to the Corporations. 13. Treasury guarantees. 14. Transfer to Corporations of rights and obligations with respect to certain government loans. 15. The commencing capital of each Corporation. 16. Public dividend capital and public dividends. 17. Accounts and audit. 18. Annual report. A ii c. 3 Aircraft and Shipbuilding Industries Act 1977 PART II VESTING OF SECURITIES AND OTHER ASSETS IN THE CORPORATIONS AND ACQUIRED COMPANIES Acquisition of securities and assets Section 19. Vesting in British Aerospace or British Shipbuilders of securities of Scheduled companies. 20. Vesting in acquired company of certain assets of privately- owned companies in same group. 21. Certain loans from associated persons to be treated as securities. 22. Determination of rights to require the issue of securities or to nominate directors. Payments of dividend and interest 23. Control of dividends and interest.
    [Show full text]
  • Sunrise in Korea, Sunset in Britain: a Shipbuilding Comparison
    Copyright By Dan Patrick McWiggins 2013 The Dissertation Committee for Dan Patrick McWiggins certifies that this is the approved version of the following dissertation: SUNRISE IN THE EAST, SUNSET IN THE WEST: How the Korean and British Shipbuilding Industries Changed Places in the 20 th Century Committee: __________________________ William Roger Louis, Supervisor ____________________________ Gail Minault ____________________________ Toyin Falola ____________________________ Mark Metzler ____________________________ Robert Oppenheim SUNRISE IN THE EAST, SUNSET IN THE WEST: How the Korean and British Shipbuilding Industries Changed Places in the 20 th Century by Dan Patrick McWiggins, B.A., M.A. Dissertation Presented to the Faculty of the Graduate School of The University of Texas at Austin in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy The University of Texas at Austin December 2013 DEDICATION This dissertation is dedicated to the memories of Walt W. and Elspeth Rostow Their intellectual brilliance was exceeded only by their kindness. It was an honor to know them and a privilege to be taught by them. ACKNOWLEDGEMENTS This dissertation has been a long time in the making and it would not have been possible without the help of many people around the world. I am particularly indebted to Professor William Roger Louis, who has been incredibly patient with me over the eight years it has taken to get this written. Regular work weeks of 60+ hours for years on end made finding the time to advance this project much more difficult than I anticipated. Professor Louis never lost faith that I would complete this project and his encouragement inspired me to keep going even when other commitments made completion look well-nigh impossible.
    [Show full text]
  • Title/Rank Name Nationality Age Date of Death Circumstances Page
    Title/Rank Name Nationality Age Date of Death Circumstances Page AB ABBOTT Alan British 19 31.8.40 Merchant Navy vessel 'Harzion' sunk by enemy action 10 ABBOTT Sydney British 33 5.8.1922 Lost overboard from SS Matatua in central Atlantic en route to Adelaide 33 2nd Officer ABE Ricardo L. Philippino 31 14.3.89 Missing with all hands when vessel 'Maasgusar' sank off Japan 17 Seaman Steward ALLNUTT Alfred Leonard British 21 20.4.41 Royal Naval Patrol HMS Topaze sunk on 20th April 1941 2 Captain ANDERSON George Edward British 43 29.9.40 Captain SS Bassa, 54°N, 21°W, presumed sunk by submarine, no survivors 10 2nd Off. ANDERSON William British 41 -.2.1899 Lost in SS Arona which foundered during Great Atlantic Storm, Feb 1899 14 Ty. Sub-Lieut. AUVACHE John Edwin British 23 6.7.44 Missing - died on War Service' HMS Trollope 13 AB AYAD Gregorio Q. Philippino 29 14.3.89 Missing with all hands when vessel 'Maasgusar' sank off Japan 18 Fitter AZANA Elino P. Philippino 50 14.3.89 Missing with all hands when vessel 'Maasgusar' sank off Japan 18 Lt. Cdr. DSC BARKER John Frederick British 32 8.6.40 Commanding HMS Ardent, escorting HMS Glorious against Scharnhorst & Gneisenau 15 Captain BARLOW Harold Redvers British 41 16.10.41 Lost st sea following enemy action in North Atlantic 7 Captain BARNES Geoffrey Francis British 53 19.6.80 Suddenly whilst in command of Esso Hibernia of East Africa 2 Signalman RN BARRON John Innes British 23 25.9.42 Ship sunk off Newfoundland (tanker).
    [Show full text]
  • Babcock Annual Report and Accounts 2017
    Babcock International Group PLC PLC Group International Babcock Aligned Annual Report and Accounts 2017 Report Accounts and Annual for growth Babcock International Group PLC Annual Report and Accounts 2017 Engineering is in our DNA. Babcock provides skilled, bespoke engineering services which allow our customers to improve their own performance whilst reducing costs. We work in highly regulated environments managing complex assets for both defence and civil customers. We maintain, upgrade, operate and manage expensive infrastructure and essential equipment for a range of government bodies and private sector customers in the UK and internationally. We provide them with better capability, reliability and availability of their critical assets, and in doing so provide significant cost savings. We are a trusted partner who understands the critical role that our customers’ assets and infrastructure play in delivering their business; we share risk with them in delivering innovation and efficiency, and we share the benefits. In this report Strategic report Directors’ report Group financial statements Key Highlights 1 Board Directors, Executive Independent auditors’ report to the Babcock at a glance 4 and Company Secretary 82 members of Babcock International Sector reconciliation 6 Governance statement 84 Group PLC 144 Marine 8 Report of the Group income statement 150 Land 10 Nominations Committee 92 Group statement of Aviation 12 Report of the Audit comprehensive income 151 Cavendish Nuclear 14 and Risk Committee 94 Group statement of changes
    [Show full text]
  • Shipbreaking Bulletin of Information and Analysis on Ship Demolition # 57, from July 1, to September 30, 2019
    Shipbreaking Bulletin of information and analysis on ship demolition # 57, from July 1, to September 30, 2019 November 27, 2019 Shipbreaking kills Shahidul Islam Mandal, 30, Rasel Matbor, 25, Nantu Hussain, 24, Chhobidul Haque, 30, Yousuf, 45, Aminul Islam, 50, Tushar Chakma, 27, Robiul Islam, 21, Masudul Islam, 22, Saiful Islam, 23. Bangladesh, Chattogram ex Chittagong Shipbreaking is a party In front of the Crystal Gold wreck, Parki Beach, Bangladesh (p 65). Content Bloody Summer 2 Ferry/passenger ship 23 Oil tanker 50 The Royal Navy anticipes Brexit 4 Livestock carrier 25 Chemical tanker 58 The Rio Tagus slow-speed death 5 Fishing ship 25 Gas tanker 60 Enlargement of the European list 7 General cargo carrier 26 Bulker 63 Europe-Africa: the on-going traffic 8 Container ship 37 Limestone carrier 71 Cameroon: 45 ships flying a flag of 9 Car carrier 43 Aggregate carrier 71 convenience or flying a pirate flag? Reefer 44 Cement 72 Trade Winds Ship Recycling Forum 18 Seismic research vessel 46 Dredger 72 - conclusion Drilling ship 46 Ro Ro 74 The wrecked ships did not survive 20 Offshore supply vessel 47 The END: Just Noran 75 3 rd quarter overview: the crash 21 Diving support vessel 51 Sources 78 Robin des Bois - 1 - Shipbreaking # 57 – November 2019 Bloody summer The summer of 2019 marked a respite for end-of-life ships. For shipbreaking workers it was bloody. Four European countries, Cyprus, France, Greece and the Netherlands, would deserve to be sued on different levels as shipowners, flag States or port States for having sold or let ships leave to substandard yards.
    [Show full text]