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Friday, 4 January, 2002, 18:45 GMT
Cammell Laird set for relaunch
Cammell Laird shipyard
Cammell Laird shipyards may soon be busy again
The new owners of Merseyside-based Cammell Laird are planning to re-launch the bankrupt shipbuilder later this year, according to reports.

A&P Holdings, which bought out Cammell Laird last year, told the Liverpool Echo newspaper that it has started bidding for contracts to carry out ship repairs at the disused yard in Birkenhead.

"It would be a slightly less ambitious plan, but it would get the yard going again. I would be disappointed if we haven't got something going this year," A&P chief executive David Ring said.

A&P, itself a ship repair specialist, suspended operations at the Merseyside shipyard in August, laying off its remaining 200 staff.

Unions' cautious welcome

Trade unions representing former Cammell Laird workers gave the plans a cautious welcome, pledging to work closely with A&P.

"What happened in August is a closed chapter and our priority now is to get the yard doing what it does best, and that is repairing ships," said Ted Gilbertson, regional officer with the Amalgamated Engineering & Electrical Workers' Union.

Cammell Laird's demise was hastened by the last-minute loss of a 50m contract to re-fit an Italian cruise ship.

The Merseyside firm, which had already invested large sums in the project, was left facing a financial crisis.

A&P put the company into receivership in April last year.

See also:

25 Jul 01 | Business
Cammell Laird to be mothballed
27 Jun 01 | Business
Management bid for Cammell yard
23 May 01 | Business
Former boss 'bids' for Cammell yard
16 May 01 | Business
Cammell Laird sacks more workers
18 Apr 01 | Business
Cammell Laird jobs axed
12 Apr 01 | Business
Cammell Laird seeks rescuer
12 Apr 01 | Business
Cammell Laird calls in receivers
11 Apr 01 | Business
Cammell Laird blow will end era
11 Apr 01 | Business
Cammell Laird: what went wrong
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