Owner of Harland & Wolff Signs Accord with Spanish Shipbuilder

25th November 2019

The Harland & Wolf shipyard located in the east of Belfast Harbour Credit: Belfast Harbour -twitter

London-listed company, Infrastrata that is taking over Harland & Wolff, could bring major shipbuilding projects back to Belfast after confirming plans to work with Navantia, the Spanish state-owned shipbuilding company.

According to The Irish Times, Infrastrata has signed a memorandum of understanding (MoU) with Navantia which it intends to follow up with a more formal teaming agreement. That could result in both organisations working together on a number of infrastructure and marine projects.

Navantia is among companies tendering for a £1.5 billion fleet contract with the UK defence ministry.

Earlier this month, Infrastrata raised £6 million (€7 million) via a share issue to complete its acquisition of the historic east Belfast shipyard that built the Titanic. The company still needs final approval from its shareholders to acquire the assets of Harland & Wolff, which it will seek at a meeting on November 29th.

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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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