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Displaying items by tag: Adminstrators

The administrators for Harland & Wolff have extended the temporary unpaid lay-off of workers in what a trade union said was a "light at the end of the tunnel" for the stricken shipyard.

As the Belfast Telegraph reports, business advisers BDO said they had agreed with trade unions that the majority of the 123 staff would continue their temporary lay-off - a move which staves off redundancy.

Staff have been holding a sit-in at the yard as unions called for renationalisation, although the Government has said its difficulties are a commercial issue.

Potential buyers had until midday yesterday (Thursday) to make an offer but the deadline has now been extended. Administrators said they hoped expressions of interest could translate into a viable offer .

East Belfast MP Gavin Robinson said: "This is welcome news and is a demonstration of the ongoing work to secure a positive outcome for the shipyard."

Mr Robinson added he was talking to government about how it could help the shipyard and would also meet the administrator with his party leader Arlene Foster on Monday.

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Published in Belfast Lough

William M Nixon has been writing about sailing in Ireland and internationally for many years, with his work appearing in leading sailing publications on both sides of the Atlantic. He has been a regular sailing columnist for four decades with national newspapers in Dublin, and has had several sailing books published in Ireland, the UK, and the US. An active sailor, he has owned a number of boats ranging from a Mirror dinghy to a Contessa 35 cruiser-racer, and has been directly involved in building and campaigning two offshore racers. His cruising experience ranges from Iceland to Spain as well as the Caribbean and the Mediterranean, and he has raced three times in both the Fastnet and Round Ireland Races, in addition to sailing on two round Ireland records. A member for ten years of the Council of the Irish Yachting Association (now the Irish Sailing Association), he has been writing for, and at times editing, Ireland's national sailing magazine since its earliest version more than forty years ago

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