We are committed to delivering sustainable profitable growth and improved returns for all our stakeholders.
Within each of our core markets substantial opportunities exist for growth. We are well positioned to capitalise on developments within oil and gas extraction, transportation and offshore wind and anticipate additional opportunities to invest in less mature markets where our differentiated solutions can be applied.
We hold leading positions across several markets and geographies including in shipto-ship transfers, submarine rescue, highvoltage engineering for offshore wind and subsea unexploded ordnance removal. We are the primary fleet operator for the delivery of petrol, diesel and heating fuels to the ports of Britain and Ireland and are pioneers in nuclear decommissioning.
Our focus on solving difficult problems in specialist, high-margin niche segments sets us apart from potential competitors, with customers valuing the unique assets, capabilities and skills we’ve invested in. This differentiation is further enabled through the innovation, technology and IP we develop.
Our customers require the support of companies able to adapt to their expanding needs, and our size, geographical spread and accreditations recommend us as a longterm, credible partner. Throughout our 175 years, we’ve reliably demonstrated an ability to solve difficult problems in the harshest of environments – a trustworthy partner with a reputation for safety, environmental consciousness and efficiency.
We recognise that collective success depends upon a shared understanding of the fundamental aims and ambition of the company.
Authentic, inspiring and practical, our purpose sets a clear direction to unite our key stakeholders interests and is an effective tool for driving growth at an individual, team, operating company, division and group level. Forward-looking, our purpose guides future strategic decisionmaking, investment and innovation.
Reflective of our history, our core guiding behaviours are intrinsic to who we are today as an organisation.
Representing the principles we aspire to uphold, both internally and externally, they are pivotal to our ability to maintain high standards of delivery, long-term flourishing relationships and a strong working culture. Integral to our purpose, they help propel the business forward.
Central to the success of our operations are our people. Working across continents, sometimes in the harshest of environments, our people extol our valued behaviours, demonstrating strong local expertise, exemplary teamwork, selflessness and unparalleled fortitude.
It is their talents and passion for creating value for internal and external stakeholders, that will facilitate our strategy of sustainable, profitable growth.
Combining instinctive curiosity with subject matter expertise and a deep practical understanding of applications, our people drive continual innovation.
Supported by a culture in which autonomy and collaboration are actively encouraged, they intuitively generate ideas to improve safety and efficiency, and to lower risk and cost.
We are determined to embed lean and continuous improvement principles throughout our business to guarantee consistent and efficient operational delivery, as part of our sustainable growth strategy.
We are constantly evaluating ways to improve our delivery performance and adopting best practice, methodologies, systems and processes with the sole aim of creating additional value.
Committed to process excellence, we’re focused on actively managing our portfolio, reducing leverage and deploying a balanced capital allocation process, improving and scaling commercial and contracting capabilities and striving for a world-class safety, risk and project management culture.
We believe this will enable us to deliver sustainable growth, improved margins and return on capital employed (ROCE) and reduced leverage.
James Fisher innovates solutions that deliver results and drive growth for our customers.
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Annual report 2021