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Big new boat in the bay!


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6 minutes ago, John Wright said:

How much did government and Steam Packet say they had to spend on two new boats? 

This one is estimated at €78 million or £70 million.

"it’s estimated the investment to replace both ships will cost a minimum of £70 million"

https://www.steam-packet.com/information/news/2019/mar/new_sea_services_agreement_to_go_before_tynwald

From their own bulletin in March 2019. Must be a bogof kind of deal

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But where’s all the polished mahogany and brass...shouted Uhtred from the 19th century.

Something will go wrong with the order, like it'll be too big to fit in the sea and they'll have to redesign it. 

I think it was widely said at the time that new boats would be £70 million each. I certainly posted that on here. (or if you’re CalMac they’re £110 million each, smaller than the Ben/new boat, an

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10 minutes ago, John Wright said:

How much did government and Steam Packet say they had to spend on two new boats? 

Oh, yes, £65 million for two.

This one is estimated at €78 million or £70 million.

In keeping with the Liverpool Terminal method of estimating then? And countless others...?

There must be SOMETHING in it that's gold-plated. There has to be, even if it's hidden away.

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1 hour ago, Non-Believer said:

This one is estimated at €78 million or £70 million.

I wonder if the government learned it lesson from the airport debacle and has hedged the currency risk?  Sterling has been in long-term decline for the last 50 years and that's not going to change.  

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With the Steamie purchase cost of £124M and one boat now at £70M+ let alone two previously cited at £65M; is SPCo still a good purchase at that price? Genuine question.

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4 minutes ago, Non-Believer said:

With the Steamie purchase cost of £124M and one boat now at £70M+ let alone two at £65M; is SPCo still a good purchase at that price? Genuine question.

The concern is that in March last year, two boats were going to cost £70m. This one alone is costing that

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New boats are a must, buying the Steam Packet was the best thing this Government has done especially in the light of the recent emergency the next step should be investing in air travel.    

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1 hour ago, Neil Down said:

The concern is that in March last year, two boats were going to cost £70m. This one alone is costing that

I think it was widely said at the time that new boats would be £70 million each. I certainly posted that on here.

(or if you’re CalMac they’re £110 million each, smaller than the Ben/new boat, and still not launched, having put the yard into bankruptcy ( story akin to the Prom, changing plans and specs ), or the e-flexer due for delivery to Stena for charter to Brittany Ferries that did the same to. German yard, to the extent that the contract has been cancelled. ( the identical e-flexers  on order from Far East yards are on time and on budget )

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2 hours ago, hissingsid said:

New boats are a must, buying the Steam Packet was the best thing this Government has done especially in the light of the recent emergency the next step should be investing in air travel.    


Buying the Steam Packet is sensible 

Throwing money at airlines isn't

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2 hours ago, John Wright said:

I think it was widely said at the time that new boats would be £70 million each. I certainly posted that on here.

(or if you’re CalMac they’re £110 million each, smaller than the Ben/new boat, and still not launched, having put the yard into bankruptcy ( story akin to the Prom, changing plans and specs ), or the e-flexer due for delivery to Stena for charter to Brittany Ferries that did the same to. German yard, to the extent that the contract has been cancelled. ( the identical e-flexers  on order from Far East yards are on time and on budget )

Can't disagree with that John, just amazed that the IOMSPC thought they could get two for that price. Or to be benevolent to them, maybe they meant £70m each.

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1 hour ago, Neil Down said:

Can't disagree with that John, just amazed that the IOMSPC thought they could get two for that price. Or to be benevolent to them, maybe they meant £70m each.

Or is a pair for £65M what the Steamie told the Govt during sales negotiations....?

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Just now, Non-Believer said:

Or is a pair for £65M what the Steamie told the Govt during sales negotiations....?

That’s what they said they would spend, on two new boats, when they were seeking to extend the user agreement.

When government was “selling” its purchase deal they said £70 million for 2.

I pointed out then that it was optimistic, as the 2, smaller CalMac RoPax ferries had been estimated at £97 million in 2015 and were heading for a £100 million overspend. That’s now £120 million. One is still on the slipway. The other is tied up at the quayside, having been floated 30 months ago.

The list of problems, and this sounds very familiar vis a vis the promenade

The basic design of the two ships has still not been approved by the customer, insurers or regulators. This is several years behind schedule and "a key cause of rework on the vessels".
■   The detailed design work was subcontracted to a firm in Portugal, with little management control of the subcontractor.
■   There has been poor project planning and control with work undertaken out of sequence. For example insulation, ceilings and cladding have been fitted on the first ship, Glen Sannox, giving an appearance of completion - but they'll have to be removed again for other work to be carried out. 
■   Pipework installed in the engine and generator rooms is not to the customer's specification - and will have to be stripped out and replaced. About 1,000 pipes have already been fitted and another 2,500 (3.75km of piping) are still to be installed. 

 

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Let us then hope that our Korean purchase is of an approved, proven, off-the-shelf design. Or else.....?

And Korea is a long way away to be making regular visits for specification queries and changes...

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52 minutes ago, John Wright said:

That’s what they said they would spend, on two new boats, when they were seeking to extend the user agreement.

When government was “selling” its purchase deal they said £70 million for 2.

I pointed out then that it was optimistic, as the 2, smaller CalMac RoPax ferries had been estimated at £97 million in 2015 and were heading for a £100 million overspend. That’s now £120 million. One is still on the slipway. The other is tied up at the quayside, having been floated 30 months ago.

The list of problems, and this sounds very familiar vis a vis the promenade

The basic design of the two ships has still not been approved by the customer, insurers or regulators. This is several years behind schedule and "a key cause of rework on the vessels".
■   The detailed design work was subcontracted to a firm in Portugal, with little management control of the subcontractor.
■   There has been poor project planning and control with work undertaken out of sequence. For example insulation, ceilings and cladding have been fitted on the first ship, Glen Sannox, giving an appearance of completion - but they'll have to be removed again for other work to be carried out. 
■   Pipework installed in the engine and generator rooms is not to the customer's specification - and will have to be stripped out and replaced. About 1,000 pipes have already been fitted and another 2,500 (3.75km of piping) are still to be installed. 

 

On the news at 5 O’clock, Mr Woodward repeated that he told the Gov during the take over, that they would be looking at around £75,000,000 to replace BOTH the boats and said looking at what was the likely cost of the first , they were about on track to be in that area.

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