05.11.2011., subota


Offshore Investment Company : What To Invest During Recession : Investment Advisor News

Offshore Investment Company

offshore investment company

    offshore investment
  • (Offshore Investments) Offshore investments are savings and investments held in a region outside the UK tax system. The Isle of Man, Jersey and Luxembourg are well-known examples.

  • Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are a commonly accepted solution to reducing tax burdens levied in most countries to both large and small scale investors alike.

  • an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"

  • be a companion to somebody

  • small military unit; usually two or three platoons

  • Associate with; keep company with

  • Accompany (someone)

Standing on the shoulders of giants

Standing on the shoulders of giants

H & W now heavily involved with wind farms. Note the large blades beneath the monstrous, iconic crane.

Harland and Wolff Heavy Industries is a British heavy industrial company, specialising in shipbuilding and offshore construction, located in Belfast, Northern Ireland.

The shipyard has built many ships; among the more famous are the White Star trio Olympic, Titanic and Britannic, the Royal Navy's HMS Belfast, Royal Mail's Andes, Shaw Savill's Southern Cross and P&O's Canberra.

As of 2011, the expanding offshore wind power industry has taken centre stage and 75% of the company's work is based on offshore renewable energy.

In recent years the company has indeed seen its ship-related workload increase slightly. Whilst Harland & Wolff has no involvement in any shipbuilding projects for the foreseeable future, the company is increasingly involved in overhaul, re-fitting and ship repair, as well as the construction and repair of off-shore equipment such as oil platforms. In late 2007, the 'Goliath' gantry crane was re-commissioned, having been moth-balled in 2003 due to the lack of heavy-lifting work at the yard.

In March 2008, the construction of the world's first commercial tidal stream turbine, for Marine Current Turbines, was completed at the Belfast yard. The installation of the 1.2MW SeaGen Tidal System was begun in Strangford Lough in April 2008.

In June 2008, assembly work at the Belfast yard was underway on 60 Vestas V90-3MW wind turbines for the Robin Rigg Wind Farm. This was the second offshore wind farm assembled by the company for Vestas.

In July 2010, Harland and Wolff secured a contract to make tidal turbines for Scotrenewables Ltd.

On 1 February 2011 it was announced that Harland & Wolff had won the contract to refurbish the SS Nomadic, effectively rekindling its nearly 150-year association with the White Star Line. A recent ?2.27m EU grant means it will now meet the 2011 completion deadline. Work on the ship began on February 10th 2011.

As of February 2011, the booming offshore wind power industry has taken centre stage. Harland & Wolff are working on turbines for its third offshore wind farm and on a tidal energy device. Seventy-five per cent of the company's work is based on offshore renewable energy. Harland & Wolff is one of many UK and international companies profiting from the emergence of UK wind- and marine-generated electricity, which is attracting significant inward investment.



Following a devastating fire on Hastings Pier on 5th October 2010, which it is estimated destroyed 95% of the superstructure of the Pier, I rode down to the South Coast to photograph the sad sight of this once grand old lady of the Victorian era.

Whilst the fire damage is indeed quite devastating to behold, to my layman's eye it would appear much of the Pier's ironwork is relatively intact so I do hope that investment can be found to raise this Pier from the ashes.


Hastings Pier was designed by architect and renown Pier builder Eugenius Birch (who also designed Eastbourne Pier, West Pier and Brighton Pier) and opened to the public on 5th August 1872. Hastings Pier was considered innovative for a late-Victorian designed pleasure pier, extending some 910 feet (280 m) into the English Channel from the seafront promenade, with a large 2,000 seater pavilion theatre on the Pier Head at the seaward end which was destroyed by fire in 1917 and rebuilt during an art Deco refurbishment in 1922.

From it's heyday in the 1930's and a brief revival in the 1960's as a music venue, Hastings Pier went into steady decline as the cost of maintaining the Victorian structure spiralled and the ownership of the Pier changed hands with a succession of owners which saw the Pier closed to the public between 1999-2002 .

In 2006 the Pier was purchased by an offshore investment company and following a protracted legal dispute between Hastings Borough Council and the Pier's owner's to enforce essential maintenance to the Pier's structure following storm damage, Hastings Borough Council restricted public access in 2008 effectively closing the Pier. The Hastings Pier & White Rock Trust (HPWRT) was established to raise funds through various means to renovate the pier and in February 2010 Hastings Borough Council agreed in principle to a compulsory purchase order of the Pier submitted by the Hastings Pier & White Rock Trust.

offshore investment company

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