A Spanish state-owned shipbuilder will buy Belfast-based Harland & Wolff in a rescue deal that will secure all four of its shipyards and save about 1,000 jobs.
Navantia is to acquire H&W’s Belfast shipyard, where the Titanic was built, as well as the Arnish and Methil yards in Scotland and the Appledore site in Devon, ending months of uncertainty for its employees.