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Scott Lithgow Ltd
Scott Lithgow, Limited was a Scottish shipbuilding company. History The Company was formed in 1967 by the merger of Scotts Shipbuilding and Engineering Company and Lithgows. Scott Lithgow was based in Port Glasgow and Greenock on the lower Clyde in Scotland. Scott Lithgow was nationalised and subsumed into British Shipbuilders in 1977. Reorganisation of Scott Lithgow in 1981 saw all the assets of its subsidiary companies transferred under the direct operational control of Scott Lithgow. From 1980, the company became the centre of British Shipbuilders’ Offshore Division and it was hoped that the offshore semi-submersible market would lead the yard back to profitability. However the ''Ocean Alliance'' semi-submersible construction was a disastrous contract for the company, with the rig eventually delivered four years late and at a loss of over £200 million.Scott Lithgow: Déjà vu all over again! The Rise and Fall of a Shipbuilding Company, Lewis Johnman and Hugh Murphy, Researc ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the Scott ...
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1967 Establishments In Scotland
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Canadian Confederation, Confederation, featuring the Expo 67 World's Fair. * January 5 ** Spain and Romania sign an agreement in Paris, establishing full consular and commercial relations (not diplomatic ones). ** Charlie Chaplin launches his last film, ''A Countess from Hong Kong'', in the UK. * January 6 – Vietnam War: United States Marine Corps, USMC and Army of the Republic of Vietnam, ARVN troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 14 – The Human Be-In takes place in Golden Gate Park, San Francisco; the event sets the stage for the Summer of Love. * January 15 ** Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species ''Proconsul nyanzae, Kenyapithecus africanus ...
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Manufacturing Companies Disestablished In 1993
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of Human behavior, human activity, from handicraft to High tech manufacturing, high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineerin ...
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Vehicle Manufacturing Companies Established In 1967
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. Macmillan Publishers, MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive force (physics), forces against the ground: wheeled vehicle, wheeled, tracked vehicle, tracked, railed vehicle, railed or Ski#Use on vehicles, skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the ol ...
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British Companies Established In 1967
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Companies Based In Inverclyde
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Defunct Shipbuilding Companies Of Scotland
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Iolair
''Iolair'' (Gaelic for eagle) is a specialised semi-submersible offshore platform designed for BP to support and service oil platforms in the North Sea and served as an emergency support vessel (ESV) in the Forties Oil Field. Since 2000 it has been working in the Cantarell Field, Mexico as an offshore construction and maintenance service vessel operated by Cotemar S.A de C.V. Particulars ''Iolair'' is a self-propelled, twin hull, vessel and operates as a dynamically positioned (DP) construction support vessel. The vessel can operate up to a water depth of , is long and wide, and has 350 beds with single and double occupancy. This unique vessel did not start as an ESV, but rather as the concept of a maintenance and support vessel (MSV). It was proposed for the Forties oil field, jointly owned by British National Oil Corporation and operated by BP Petroleum Development Company Ltd in the North Sea. A particular feature of the design by the Naval Architects was that t ...
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Semi-submersible
Semi-submersible may refer to a self-propelled vessel, such as: *Heavy-lift ship, which partially submerge to allow their cargo (another ship) to float into place for transport *Narco-submarine, some of which remained partially on the surface *Semi-submarine, which cannot fully submerge *Semi-submersible naval vessel, which partially submerges to minimize being observed *Semi-submersible platform, which is typically transported to a location where it is placed in service *Oil platform An oil platform (or oil rig, offshore platform, oil production platform, and similar terms) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platfor ..., a large structure with facilities for well drilling to explore, extract, store, and process petroleum and natural gas, in deeper water (more than 1,500 metres (4,900 ft)), the semisubmersibles or drillships are maintained at the required drilling loc ...
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Nationalised
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ...
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River Clyde
The River Clyde ( gd, Abhainn Chluaidh, , sco, Clyde Watter, or ) is a river that flows into the Firth of Clyde in Scotland. It is the ninth-longest river in the United Kingdom, and the third-longest in Scotland. It runs through the major city of Glasgow. Historically, it was important to the British Empire because of its role in shipbuilding and trade. To the Romans, it was , and in the early medieval Cumbric language, it was known as or . It was central to the Kingdom of Strathclyde (). Etymology The exact etymology of the river's name is unclear, though it is known that the name is ancient: It was called or by the Britons and by the Romans. It is therefore likely that the name comes from a Celtic language—most likely Old British. But there is more than one old Celtic word that the river's name could plausibly derive from. One possible root is the Common Brittonic , meaning 'loud' or 'loudly'. More likely, the river was named after a local Celtic goddess, '' Clōta ...
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