Harland & Wolff, the historic Belfast shipyard known for building the Titanic, faces potential closure after 160 years due to financial difficulties. Reports indicate that the shipyard is at risk of collapse as it struggles to meet conditions for a £200 million government support package. The £1.6 billion Fleet Solid Support ship contract could default to Navantia, which would build the ships in Cadiz, Spain. There are also reports of an intense government dispute over the aid package, with ministers, including Jeremy Hunt, split on the decision. Despite these reports, Harland & Wolff has denied any funding rejection.
'Time running out' plea over shipyard's future https://t.co/1pElVmxQ40
🚢 Titanic shipyard at risk of closure as Hunt withholds funds Read more ⬇️ https://t.co/r8IsJZxr04
Ministers split over aid for Titanic shipbuilder Harland & Wolff https://t.co/fn4ZXwPzaJ via @ft
'Time running out' plea over shipyard's future https://t.co/siJzvXRaN1
"Ministers split over aid for Titanic shipbuilder Harland & Wolff" https://t.co/KhrqBhxEAQ Lol, that damn ship was launched 113 years ago and that's still what they're known for! "You build a thousand ships but fuck one goat and what do they call you? A goat fucker!"
Ministers split over aid for Titanic shipbuilder Harland & Wolff https://t.co/7J8lL9ykva
The historic shipyard that built the Titanic could face closure amid reports of an intense government “row” over its future ⬇️ https://t.co/ZzdXlHa9lt
Harland and Wolff: Belfast shipyard denies funding rejection https://t.co/kps0R0clUo
Titanic shipyard faces closure after 160 years as Jeremy Hunt 'is set to block £200m aid package for Harland & Wolff' https://t.co/fzwRRTKYYM https://t.co/IbzcZvbbYx
Shocking report in @thetimes says @HarlandWolffplc at risk of financial collapse as it cannot meet conditions for £200M government support package. £1.6Bn Fleet Solid Support ship contract could either default entirely to @NavantiaOficial and ships built in 🇪🇸Cadiz or contract… https://t.co/Hm8daYMd84