Friday 16 May 08 - 11:06
 

News

VT Halmatic ‘Streamlining’ Shuts Steel Division

A major strategic review underway at UK boat builders VT Halmatic and a rationalising of its product range has seen the closure of the company’s Steel Division as the focus shifts to composite built military patrol craft. The company has withdrawn from participation in the Seawork 2007 exhibition and expects to relocate from Portchester to the Portsmouth Naval Base within two years.
‘Prince Rock’ is one of the vessels built by VT Halmatic’s now closed Steel Division.
‘Prince Rock’ is one of the vessels built by VT Halmatic’s now closed Steel Division.

This year will see the company launch new design military patrol craft in 16m, 20m and 29m versions, while continuing to produce RIBs for military and special forces applications. The 16m patrol craft is based on the same hull form as the company’s new 16m pilot boat. VT Halmatic will continue building standardised pilot boats based on this design but will move away from producing economically non-viable ‘one-off’ vessels. A spokesman said the company was ‘streamlining for the next 20 to 30 years.’

With the move towards an emphasis on fast patrol craft, VT Halmatic returns to a sector in which it was noted for decades and where there is now, ironically, a perceived gap in the market which the new range will fill. There is growing demand for fisheries, oilfield and EEZ patrol craft as well as for purely military applications. VT Halmatic will continue to lay up hulls for Sunseeker luxury yachts, another growth market, and may enter into alliances with other yards for the production of Nelsons and other older designs.

MJ Information No: 22733

Images for this article - click to enlarge

‘Prince Rock’ is one of the vessels built by VT Halmatic’s now closed Steel Division.

All images copyright © Mercator Media 2008

Related products

For more information on products mentioned within this article visit

VT Halmatic Ltd

Taylor Fuel Control - For all your fuel requirements