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Shipyard Harland & Wolff 'Could Go to Wall' by Next Wednesday

25th July 2019
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The iconic cranes of Samson & Goliath at the Belfast shipyard The iconic cranes of Samson & Goliath at the Belfast shipyard Photo: Belfast Harbour -facebook

The Belfast shipyard at Harland and Wolff could go bust within days as fears mount over its future, it has emerged.

Unions and sources familiar with ongoing negotiations at the shipyard, reports Belfast Telegraph, have said that the company could "go to the wall" next Wednesday, if a buyer cannot be found.

Around 132 people are understood to be still employed at the operation, which was put up for sale by its Norwegian parent company Fred Olsen Energy in December 2018. The group, now known as Dolphin Drilling ASA, filed for bankruptcy last month.

Talks involving political leaders, economic development agency Invest NI and shipyard management have taken place throughout the week.

It's understood that Newry-based MJM Marine had held the status of an exclusive bidder. Jonathan Guest, who replaced Robert Cooper as chief executive of Harland and Wolff in April 2018, is a former managing director of MJM Marine.

During 2018, MJM used Harland and Wolff's dry dock for carrying out a major cruise contract with Royal Caribbean Cruise Ltd.

For more click here from the story.

Published in Belfast Lough
Jehan Ashmore

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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