Spanish state-owned shipbuilder Navantia has reached a deal that will see it acquire all four of the shipyards operated by U.K. shipbuilder Harland & Wolff, whose holding company went into administration September
Photo: Navantia
Spanish state-owned shipbuilder Navantia has reached a deal that will see it acquire all four of the shipyards operated by U.K. shipbuilder Harland & Wolff, whose holding company went into administration September 27.
The deal also promises to secure the future of the U.K.’s Fleet Solid Support Ship (FSS) program in which Navantia, Harland & Wolff and BMT are partnered to build three support vessels for the Royal Fleet Auxiliary.
Under the agreement, which remains subject to completion and regulatory approvals, Navantia U.K. will manage all four facilities.
The U.K. Department of Trade & Industry Jonathan Reynolds said that the deal will secure the future of Harland & Wolff’s shipyards in Northern Ireland (Belfast), Scotland (Arnish and Methil) and Devon (Appledore), and protect workers’ existing terms and conditions.
Noting that the deal would ensure the delivery of the FSS ships, the department said, “the FSS ships are important for safeguarding the U.K.’s aircraft carriers’ military capability by delivering vital
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