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Displaying items by tag: Belfast shipyard, etc

According to InsiderMedia, the Harland & Wolff Group has reported a three-and-a-half-fold increase in interim revenue and hailed the significant momentum within the shipyard business.

In the six months to 30 June, the strategic energy infrastructure, fabrication, shipbuilding and vessel repairs group reported revenues of £15.4m, up from £4.14m in the same period from 2021. 

Gross profit for the period stood at £3.38m, up from £1.4m and representing a gross margin percentage of 22 per cent.

The business made an operating loss of £14.1m, widened from £8.2m, but said this reflected an increase in the number of personnel and overall overheads as a result of having to service five assets including Belfast, Appledore, Methil, Arnish and London.

Harland & Wolff now has one of the largest fabrication footprints in the country, two of the largest dry docks in Europe and two of the largest specialist fabrication sites in the UK.

Further reading here on the shipyard group. 

Published in Shipyards

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.