Harland and Wolff: Titanic shipbuilder enters administration
Published On Sep 27, 2024, 10:16 AM
Harland and Wolff, the historic shipbuilder known for the Titanic, has formally entered administration for the second time in five years. This situation was anticipated as the company's board had signaled the inevitability of this move. The administration specifically concerns the holding company, while its operational entities remain active. The executive chairman expresses optimism about securing new ownership for the operational yards.