Company that built the Titanic says it is insolvent
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.
Harland & Wolff, Titanic Shipbuilder, Files for Bankruptcy
For the second time in five years, the parent company of the shipyard in Belfast, Northern Ireland, will enter administration, with Royal Navy contracts in the balance.
Owner of Belfast shipyard where Titanic was built announces it is insolvent
Staff employed by each of Harland & Wolff's four yards, including in Belfast, are not affected by redundancies.
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.
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.
Titanic Shipbuilder Goes Bankrupt
The company that built the Titanic has entered administration, the British equivalent of US Chapter 11 bankruptcy proceedings, for the second time in five years. Harland & Wolff said it had been left in a "difficult financial position" by the British government's rejection of a request for a $264 million loan,
Titanic builder Harland & Wolff to appoint administrators as debt woes deepen
Harland & Wolff said on Monday it plans to appoint administrators in the coming days as the company known for building the ...
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Titanic builder Harland & Wolff races to keep its shipyards alive
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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. The loss-making UK shipbuilder said Monday that it ...