James Fisher & Sons, one of the UK's leading marine services providers, held a naming ceremony for a new production tanker, the Clyde Fisher, in Falmouth.

The vessel, a 12,800 dwt clean product/chemical carrier, has entered service around the British and Irish coasts alongside her sister ship Cumbrian Fisher, which was launched in August 2004. Both ships were built at the Samho Shipbuilding Company yard in Korea.

Nick Henry, chief executive of James Fisher, said: "The Clyde Fisher further strengthens our fleet and is another step towards its complete modernisation. The additional tonnage will give our customers further flexibility, strengthens our position in the UK tankships market and enhances our position as a leading marine services provider."

In addition, two new 5,000 dwt vessels, Shannon Fisher and Solway Fisher, are expected to be delivered in late 2005 and mid 2006 respectively. All four vessels have been acquired in the form of ten-year bareboat charters.

The average age of James Fisher's fleet is already lower than that of its main competitors, but the company intends to maintain this advantage and build a modern fleet in a bid to maintain market leadership in the UK.