Welcomes MoD RoRo Announcemnt

Fisher (James) & Sons PLC 26 October 2000 James Fisher Welcomes MoD Preferred Bidder Announcement for AWSR Consortium James Fisher and Sons Public Limited Company, leading shipowners and managers with a 40 strong fleet of specialist vessels and related engineering interests, welcomed today's announcement naming the AWSR consortium of which James Fisher is a member as preferred bidder for the provision of the Ministry's Strategic Sealift Service. David Cobb, Chairman of James Fisher, said: 'The six ship RoRo programme is the welcome culmination of a considerable amount of work over a long period of time with our partners. The process has built a strong bond between the consortium members who, in combination, offer unrivalled experience in ship ownership and operation. It is important to note that such talent is available within British shipping companies. 'James Fisher's business is underpinned by a strong contract base. A 20 year customer relationship such as the RoRo contract is a perfect strategic fit.' AWSR Ltd is an all-British consortium comprising James Fisher, Andrew Weir Shipping Limited, Bibby International (IOM) and Houlder Offshore Engineering. This latest success for James Fisher adds to its portfolio of contracts with the Ministry of Defence. The company already manages a warehousing and stock control system for RAF Sealand and charters The RFA Oakleaf to the MoD. In addition it is currently bidding for the provision of Marine Support to Ranges and Aircrew Training. The news also follows the recent announcement by James Fisher that it is investing £40 million in the purchase of two ships for conversion to cable layers which will double the company's participation in this fast growing market. Press Enquiries: David B Cobb, CBE Chairman James Fisher and Sons Public Limited Company Tel: 020 7338 5808 Issued on behalf of James Fisher and Sons Public Limited Company by Tavistock Communications Limited (Contact Keith Payne, tel: 020 7600 2288).
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