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The Guardian - UK

Business

Gwyn Topham

Titanic shipbuilder Harland & Wolff collapses into administration

Titanic Belfast Harland Wolff

Harland and Wolff’s Samson and Goliath cranes — Harland & Wolff’s Samson and Goliath cranes in the company’s Belfast shipyard. Photograph: Paul Faith/AFP/Getty Images

Harland & Wolff, the Belfast-based shipbuilder that produced the Titanic, has collapsed into administration.

The company has appointed administrators from Teneo to oversee the process after failing to find new funding to stay afloat. So far only the parent company, Harland & Wolff Group Holdings plc, is in administration, and its shipyard subsidiaries are continuing to trade.

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