LONDON (AP) — The future of the Northern Ireland-based Harland and Wolff shipbuilder, known for constructing the Titanic, seems to have been secured as Spanish state-owned company Navantia has stepped in to acquire it. The purchase of Harland and Wolff, which entered a form of bankruptcy in September for the second time in five years, is pending regulatory approval.
If the deal goes through, it will safeguard 1,000 jobs at Harland and Wolff’s four shipyards, including the renowned one in Belfast, Northern Ireland. The other shipyards are located in Scotland and England.
