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N.I. State Papers: £9m Harland & Wolff Crane Insurance Policy Deemed Unnecessary

3rd January 2022
Shipyard of H&W with the famous iconic Samson and Goliath cranes that are landmarks in Belfast Harbour and the city. Shipyard of H&W with the famous iconic Samson and Goliath cranes that are landmarks in Belfast Harbour and the city. Credit: Belfast Harbour-facebook

The famous Harland and Wolff shipyard cranes of Samson and Goliath in Belfast were insured for £9 million in 1976 — the equivalent of £60 million today.

A company memo in February that year revealed the insurance policy, at an annual premium of £56,000, had been taken out as a condition of a Shipbuilding Industry Board loan.

But in the letter from Douglas Cooper, the Assistant Managing Director, to the Department of Commerce, he said they intended to cancel it after the loan terms had been scrapped.

For more the Sunday Life reports. 

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.