- Business
- James Fisher and Sons plc provides specialist engineering services to the marine, energy, defence and maritime industries worldwide. Founded in 1847 and headquartered in Barrow-in-Furness, Cumbria, United Kingdom, the company operates through three primary segments--Energy, Defence, and Maritime Transport--delivering integrated solutions across the Blue Economy. In the Energy segment, it offers oil and gas services including surface well testing equipment, well plug and abandonment, production services, subsea tooling and vessel integration, controlled flow excavation, cutting and recovery operations, and asset decommissioning and seabed clearance; renewables services such as cable fault detection, testing and repair, blade inspection, repair and maintenance including LEP systems, HV SAPs and safety management (66–400kV), digital control room and OMS services, and long-term asset management; and subsea inspection, repair and maintenance (IRM) encompassing inspection and integrity assessment, ROV and diver-assisted repairs, structural recovery, marine growth removal, and digital reporting. The Defence segment supplies submarine rescue vehicles and systems, special operations equipment, diving systems, radiological monitoring, naval vessel refueling, and emergency oil spill response vessels. The Maritime Transport segment provides ship-to-ship transfer operations, port agency, mooring and fendering equipment, fuels infrastructure, vessel chartering, ship and crew management, inspection and monitoring, and coastal shipping of petrol, diesel and heating fuel via a fleet of 17 tankers serving ports in England and Wales. Geographically, James Fisher maintains operations in the United Kingdom, Europe including Aberdeen and Singapore, North America including Houston, and other global locations supporting offshore energy, renewables, defence and maritime clients. Recent developments include the divestiture of Martek Marine Ltd to a management buyout backed by Foresight Group in September 2024, refinancing of its Revolving Credit Facility in September 2024 with four major banks reducing debt by approximately £90m through asset sales and improved cash management, and securing credit approval for a £12.5m General Export Facility in March 2025 to fund defence growth opportunities in submarine rescue, diving equipment and tactical vehicles for NATO and partner nations.