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Losses at Harland & Wolff Group Grow

2nd November 2021
Afloat adds a recent client to H&W shipyard was Dorset Spirt at the facilities Belfast Building Dock but following inspection has since departed at the weekend. The Canadian flagged crude oil tanker of 148,150dwt built in 2018 departed Belfast Lough and Afloat has tracked this morning offshore north-west of Co. Donegal and bound for Conception Bay, Chile. The tanker has a draught reported to be 9.4m, a length overall (LOA) of 279.04m and a width of 49.04m. Afloat adds a recent client to H&W shipyard was Dorset Spirt at the facilities Belfast Building Dock but following inspection has since departed at the weekend. The Canadian flagged crude oil tanker of 148,150dwt built in 2018 departed Belfast Lough and Afloat has tracked this morning offshore north-west of Co. Donegal and bound for Conception Bay, Chile. The tanker has a draught reported to be 9.4m, a length overall (LOA) of 279.04m and a width of 49.04m. Credit: Harland&Wolffplc-twitter

Harland & Wolff have reported widened losses after it took on new manufacturing sites and more than trebled its workforce, but the shipbuilder and energy manufacturer believes that it must make such investment now to reap the rewards in future.

It is in talks on securing large offshore wind contracts, as well as expanding its offering in shipbuilding, the energy sector and defence.

The London-listed business owns the Harland & Wolff Belfast shipyard, as well as sites in Appledore, Devon, and at Methil, Fife and Arnish on the Isle of Lewis. It added the latter three locations in its most recent financial year.

Annual results published yesterday showed turnover of £10.2 million in the 12 months to the end of July, up from £1.5 million.

More from the The Times.

Published in Shipyards
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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Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.

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