Shipyard and multisite fabrication company Harland & Wolff, has been awarded as the preferred bidder status for the Falkland Islands Port Replacement Project (FIPASS).
The project awarded to the London Stock Exchange (LSE) listed company is focused on strategic infrastructure projects and physical asset lifecycle management, will involve the construction, transportation and installation of four floating pontoons of circa 90 metres each in length.
The project is expected to generate between £100m and £120m revenue over a two-year period commencing in FY24. The company will use it expansive facilities across the UK to provide optionality and de-risk the fabrication of these pontoons.
Above is an artist’s impression of the completed and installed pontoons as well as similar previously constructed platforms from Harland & Wolff which built the six linked barges which make up the existing port facility over forty years ago. This demonstrates the important historical relationship between the shipyard and the Falkland Islands.
John Wood, Chief Executive Officer of Harland & Wolff said:“Following a competitive bid process, I am delighted that the Falkland Islands Government has selected Harland & Wolff as “preferred bidder” for this project. The Company enjoys an excellent relationship and a rich heritage with the Falkland Islands given that Harland and Wolff built the six linked barges which make up the existing port facility forty-five years ago. I look forward to working closely with the Falkland Islands Government and bringing this contract to fruition.”
For a more details on the project click here.
