Shipyard Owner of Harland & Wolff ‘Builds Growth Momentum’

3rd April 2021

InfraStrata owners of Harland & Wolff experience ‘building growth momentum’ and in its ferry and cruise market has broken even after larger contract wins were established. AFLOAT adds InfraStrata recently acquired Scottish Methil facility which is split across two locations with sites on the Isle of Lewis (in the north-west) and as above Methil, on the Fife east coast. Credit: Insiderireland-twitter

Shipyard owners of Harland & Wolff, InfraStrata has reported "steady progress" in the first months of its financial year.

In a Q1 trading update, the business said it has booked about £6.5m in the eight months to 31 March 2021, with further growth expected this year.

Its cruise and ferry market has broken even after larger contract wins were established.

InfraStrata acquired the assets of the Harland & Wolff shipyard in Belfast from administrators in 2019.

It then further invested in the business by acquiring the Appledore shipyard in North Devon.

Insider has more here on this story.

Afloat adds that InfraStrata in recent weeks acquired the assets of Scottish based Burntisland Fabrication Ltd from the administrators.

These facilities will trade under Harland & Wolff brand and represent the final fabrication piece of its UK footprint.

This will position the company to fully deliver on its existing strategy quicker than it would have done with only its two existing sites: Harland & Wolff (Belfast) and Harland & Wolff (Appledore).

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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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