A UK Government-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland. The buy-out saves the jobs of 350 skilled workers at the company’s sites in Methil, Fife, and Arnish in the Western Isles.
A Spanish state-owned shipbuilder is expected to confirm this Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for having built the Titanic. Harland and Wolff was once mentioned as a possible builder of the Falkland Islands new port terminal, the largest Islands’ capital investment.
The Royal Navy has reported that work has begun revamping the world-famous Harland & Wolff yard in Belfast, home of the Titanic so it can build three new support ships for the Navy.