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Harland & Wolff, the 163-year-old firm that built the Titanic, has declared itself insolvent after failing to secure funding to continue trading. CNN values your feedback 1.
Harland and Wolff to go into administration - The firm said between 50-60 immediate redundancies are expected but said that staff employed at its four shipyards are not affected.
Harland & Wolff already has a $115m (£89m) credit facility with Riverstone. The company has also confirmed the government would not approve its £200m Export Development Guarantee (EDG).
Harland and Wolff, the 158-year-old shipyard in Northern Ireland that built the Titanic, is preparing for bankruptcy. The UK government named an administrator to oversee the company’s ...
Dozens of jobs will soon be at risk as Titanic shipyard Harland & Wolff is set to plunge into administration. The Belfast ship builder - which manufactured the iconic ship before it tragically ...
Harland & Wolff said on Monday it plans to appoint administrators in the coming days as the company known for building the Titanic struggles with a debt crisis. ... Data Catalogue, opens new tab.
Harland and Wolff employs a core staff of about 1,000 in Belfast, Appledore in England and Methil and Arnish in Scotland. Those jobs will be protected as a result of the takeover deal.
British shipbuilder Harland & Wolff said on Friday it had appointed administrators and that would lead to job losses, as the company best known for building the Titanic struggled to get funding.
Harland & Wolff, the British holding company for the shipyard that built the Titanic and other 20th-century ocean liners, said on Monday that it was going into administration, similar to U.S ...
Harland & Wolff, the Belfast shipyard best known for the Titanic, has been saved by a deal with Spain's state-owned shipbuilder. Navantia had been in exclusive negotiations since October after ...
Harland & Wolff, the 163-year-old firm that built the Titanic, has declared itself insolvent after failing to secure funding to continue trading. CNN values your feedback 1.