Harland & Wolff Sees Valuers Aboard For Sale

11th January 2019

Jehan Ashmore

Samson and Goliath the shipbuilding gantry cranes are iconic landmarks situated at Queen's Island, Belfast Credit: Belfast Harbour-facebook

#belfast- Business advisers are carrying out a valuation of Belfast's Harland & Wolff ahead of a likely disposal by its parent company this year, the Independent can reveal.

Accountants have been sent in to carry out the work to establish the asking price of Harland & Wolff Heavy Industries Ltd, which is to be sold as part of restructuring by Norwegian parent company Fred Olsen Energy.

Harland & Wolff covers two sites on Queen's Island in east Belfast, including the Belfast Repair Dock where some ship work is still carried out, including the current refit of some Stena Line ferries.

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Published in Belfast Lough

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About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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