James Fisher & Sons PLC Overview and Operations

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Credit: pexels.com, Technicians in safety gear performing maintenance on an offshore wind turbine.

James Fisher & Sons PLC is a leading provider of specialist services to the marine, oil and gas, and other industries. The company was founded in 1847 and is headquartered in Lancashire, UK.

With a rich history spanning over 170 years, James Fisher & Sons has established itself as a trusted partner for various industries. Its expertise lies in providing innovative and cost-effective solutions to complex problems.

The company's operations are divided into three main business segments: Marine, Oil and Gas, and Other. These segments enable James Fisher & Sons to cater to diverse client needs and expand its services.

Company Overview

James Fisher and Sons Plc is a supplier of reliable engineering solutions.

The company offers a wide range of services, including designing and engineering, inspection and monitoring, and operations and maintenance services. These services cater to various industries, such as oil and gas, marine, renewable energy, and more.

James Fisher has a global presence, with business operations in the Middle East, Asia-Pacific, Africa, the Americas, and Europe.

The company has a diverse portfolio of services, including lifting and handling, UXO and EOD Solutions, marine services, subsea services, and offshore support.

James Fisher is headquartered in Barrow-in-Furness, Cumbria, the UK.

Business Operations

Shipyard on the Suez
Credit: pexels.com, Shipyard on the Suez

James Fisher & Sons has a strong presence in the UK's marine and renewable energy sectors.

The company has a diverse range of businesses, including marine operations, offshore construction, and decommissioning.

With a long history dating back to 1847, James Fisher & Sons has established itself as a trusted partner for various industries.

Their operations are supported by a fleet of vessels, including the 35,000-tonne heavy lift vessel, Thorsan I.

Fleet

The charter tanker fleet is operated by the subsidiary James Fisher Everard. We have a diverse range of vessels at our disposal.

Our fleet includes the Cumbrian Fisher, a 12,921 DWT tanker built in 2004. The Clyde Fisher, also built in 2005, is another key vessel in our fleet.

The Raleigh Fisher, with a capacity of 35,192 DWT, is one of our largest tankers and was previously owned by Maersk. Our fleet also includes smaller vessels like the Shannon Fisher, which has a capacity of 5,420 DWT.

A bustling shipyard featuring cranes, boats, and industrial structures against a clear blue sky.
Credit: pexels.com, A bustling shipyard featuring cranes, boats, and industrial structures against a clear blue sky.

The Dee Fisher, with a capacity of 4,653 DWT, is another example of our smaller vessels. The Solway Fisher, built in 2006, has a similar capacity to the Dee Fisher.

Some of our vessels have specialized capabilities, such as the Speciality, which can handle petro-chemical cargoes. The Seniority and Superiority vessels also have this capability.

Our fleet is constantly being updated and expanded.

Geographical Sales Breakdown

The geographical sales breakdown of James Fisher and Sons plc shows a diverse range of sales across different regions.

Middle East, Africa & Americas sales have fluctuated over the years, reaching a high of 180M in 2023.

United Kingdom sales have also seen significant variations, with a peak of 199M in 2021.

Asia Pacific sales have been steadily declining, reaching a low of 83.4M in 2024.

Europe sales have also seen a decline, reaching a low of 52.4M in 2024.

Here's a summary of the geographical sales breakdown:

The company's headquarters is located in LA14 1HR, Barrow-in-Furness.

Sector

Vibrant shipyard in Jakarta showcasing colorful vessels and nautical equipment.
Credit: pexels.com, Vibrant shipyard in Jakarta showcasing colorful vessels and nautical equipment.

The sector of a company is a crucial aspect of its operations. In the case of James Fisher and Sons plc, their sector is clearly defined.

The FSJ Stock is listed under the Stock Market and Equities categories. This is a key indicator of the company's financial status and performance.

Companies like James Fisher and Sons plc operate within these sectors to achieve their business goals.

Here's a breakdown of James Fisher and Sons plc's sector:

  1. Stock Market
  2. Equities
  3. FSJ Stock
  4. Company James Fisher and Sons plc

Business Description

James Fisher & Sons is a leading provider of specialist marine services.

The company's diverse business activities include salvage and recovery, decommissioning, and offshore operations.

Its expertise spans a wide range of services, from ship-to-ship transfer operations to offshore construction and decommissioning.

History

James Fisher has a rich history dating back to 1847 when it was founded by James Fisher in Barrow-in-Furness as a ship-owning business.

The company started by transporting haematite from the Cumbrian hills and quickly grew to own the largest coasting fleet in the United Kingdom by the 1870s.

A cargo ship sails peacefully on the sea with dramatic clouds overhead.
Credit: pexels.com, A cargo ship sails peacefully on the sea with dramatic clouds overhead.

It was first listed on the London Stock Exchange in 1952, marking a significant milestone in the company's history.

In the 1960s, James Fisher established a reputation for moving heavy equipment, including locomotives, by sea, a testament to its adaptability and expertise.

By 1965, the company had built its first ship suitable for transporting irradiated nuclear fuel, showcasing its commitment to innovation.

Here's a brief timeline of some notable events in James Fisher's history:

Today, James Fisher continues to evolve and expand its services, with a strong presence in the UK and Australia.

Business Description:

A business description is essentially a concise summary of a company's purpose, products, and services. It's usually found on the company's website, social media, or marketing materials.

A well-crafted business description should clearly communicate the company's mission, vision, and values. This helps potential customers understand what the company stands for and what they can expect from doing business with them.

A steel walkway leading to an offshore oil platform in Indonesia, showcasing industrial architecture.
Credit: pexels.com, A steel walkway leading to an offshore oil platform in Indonesia, showcasing industrial architecture.

A business description typically includes information about the company's products or services, such as what they are, how they work, and what benefits they offer. For example, a tech company might describe its software as "cloud-based" and "user-friendly".

A business description should also highlight the company's unique selling proposition, or USP, which sets it apart from competitors. This could be a unique feature, a competitive price point, or a specialized service.

A good business description should be concise and easy to read, making it accessible to a wide audience. It should also be regularly updated to reflect changes in the company's products, services, or mission.

NMDC Group Signs Strategic Agreement

James Fisher and Sons plc has made a significant move with the signing of a strategic agreement with Abu Dhabi's NMDC Group, a major engineering, procurement and construction company.

This partnership is a testament to James Fisher's commitment to expanding its global presence and capabilities.

Detailed view of a Warchalowski diesel engine with visible components and vibrant blue cover.
Credit: pexels.com, Detailed view of a Warchalowski diesel engine with visible components and vibrant blue cover.

NMDC Group is a significant player in the engineering, procurement and construction industry, bringing a wealth of expertise and resources to the table.

As part of this agreement, James Fisher and NMDC Group will work together to explore new business opportunities and strengthen their positions in the market.

The partnership is expected to have a positive impact on James Fisher's operations and growth prospects.

Frequently Asked Questions

What is the stock price forecast for James Fisher and Sons?

According to analyst estimates, James Fisher and Sons' stock price is forecasted to increase by 55.23% to around £445.50 over the next 12 months

Who are the subsidiaries of James Fisher and Sons?

James Fisher Renewables comprises specialist capabilities from eight group companies, including EDS HV Group and James Fisher Offshore. These subsidiaries bring together expertise in various areas of the renewable energy sector.

Gretchen Gerhold

Writer

Gretchen Gerhold has established herself as a prolific writer, covering a diverse range of topics including logistics, trade, and economic development. Her articles on container terminals and the logistics sector in India provide deep insights into the complexities of modern supply chain management. Focusing on the state of Kerala, her work on the economy and transport in Kochi highlights the region's significant contributions to India's economic landscape.

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