Shipyards: Economic Growth

Richard Quigley Excerpts

Tuesday 18th March 2025 Westminster Hall

[Mr Richard Quigley (Isle of Wight West) (Lab)]

It is a pleasure to serve under your chairship, Ms Jardine. I thank my hon. Friend the Member for Glenrothes and Mid Fife (Richard Baker) for securing this debate on the role of shipyards in economic growth, which is particularly important to coastal communities such as those in my constituency. I say to my hon. Friend the Member for North Ayrshire and Arran (Irene Campbell) that I can match her issues with ferries and raise her some.

For an island community like ours, shipbuilding is not just an industry, but part of our identity, our economy and our connection to the mainland. The Isle of Wight has a proud history of maritime innovation—from the pioneering days of Saunders-Roe, which led the way in hydrofoil and hovercraft development, to Wight Shipyard today, which is a leader in high-speed, low-carbon vessel construction. Across the island, boatbuilders such as Lallows boatyard and Diverse Marine, and marine engineering firms such as White Marine, continue to provide skilled employment and contribute to the wider maritime sector. We are especially proud to be Europe’s leader in aluminium welding, where world-class craftsmanship, cutting-edge technology and an unwavering commitment to innovation combine to shape the future of the industry.

But the significance of shipbuilding on the Isle of Wight extends far beyond jobs and exports. It is about connectivity and resilience. As an island, we are uniquely dependent on our ferries. Companies such as Wight Shipyard play a crucial role in designing and constructing the vessels that keep our communities connected, including the Thames Clipper boats here in London. Investing in shipbuilding on the Isle of Wight is about not just economic growth, but securing our transport lifeline, ensuring that our ferries remain reliable, affordable and fit for the future. Our ferries are not a luxury; they are essential. They support commuting, tourism, healthcare access and supply chains. By backing local shipbuilders, we can develop and maintain the vessels we rely on, reduce costs and drive innovation in greener, more efficient transport. In doing so, we strengthen not just our economy but the very infrastructure that keeps the Isle of Wight moving.

Shipbuilding on the Isle of Wight should not just be a story of the past; it must be a driving force for our future. At a time when coastal economies need regeneration, the industry has the potential to unlock long-term sustainable growth. The skills, expertise and infrastructure are already here. Investing in our shipyards means creating high-quality jobs, boosting local businesses and ensuring that the island remains at the forefront of maritime innovation.

There are real opportunities. The clean maritime demonstration competition has already funded innovative projects. We have the chance to position the Isle of Wight as a centre of excellence for low-carbon vessel design, but we need long-term commitment. We need capital investment, research and development support, and fair procurement policies that recognise the value of British shipbuilding. For instance, Wight Shipyard refurbished our Border Force boats and has the capability to build the new fleet at considerable savings to the current estimates. It just needs a route into the procurement process.

I urge the Minister to recognise the strategic importance of shipyards, particularly for island communities such as the Isle of Wight. By investing in our shipbuilders, we are not just creating jobs; we are securing the future of our island economy, strengthening our transport resilience and ensuring that Britain remains a global leader in maritime innovation.