Titanic shipbuilder formally enters administration

3 hours ago 3

Harland and Wolff, the Belfast-based shipbuilder, has formally entered medication for the 2nd clip successful 5 years.

Last week the company’s committee had warned that the determination was inevitable.

The medication process is confined to the holding company, Harland & Wolff Group Holdings plc, with the operational companies which tally the yards continuing to trade.

Its main gait is successful Belfast with different cognition astatine Appledore successful England and Methil and Arnish successful Scotland.

The company’s enforcement chairman, Russell Downs, is optimistic that a caller proprietor oregon owners volition beryllium recovered for the yards.

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