Titanic builder Harland & Wolff set to collapse into administration

Titanic shipyard to collapse into administration

The iconic Northern Irish company has said staff at their four shipyards are not affected

Titanic shipbuilder sinks back into trouble

Iconic shipbuilder Harland and Wolff, famed for constructing the doomed Titanic, said Monday it faced renewed financial difficulties, forcing it to offload non-core assets to preserve its shipyards.The Belfast-based company said in a statement that it was appointing outside administrators to help sell or wind down non-core assets, including its Scilly Ferries business.Harland and Wolff's interim executive chairman Russell Downs said "extremely d…

The 163-year-old company that built the Titanic says it is insolvent

Harland & Wolff, the 163-year-old firm that built the Titanic, has declared itself insolvent after failing to secure funding to continue trading.

Titanic shipbuilders Harland and Wolff announce redundancies as company goes into administration

The firm said between 50-60 immediate redundancies are expected but said that staff employed at its four shipyards are not affected.

The Titanic: iconic Belfast business Harland and Wolff that worked on the famous ship enters administration

The iconic shipbuilder behind the Titanic is entering administration 🚨