The administration will affect only Harland & Wolff Holdings Plc, the group holding company, with its four yards, Belfast, Appledore, Arnish and Methil, continuing to trade. Harland & Wolff said: “The board has concluded that the company is insolvent on a balance sheet basis per its last audited accounts and most recent management accounts. Bosses are in “regular discussion” with …
Larsen & Toubro has received an order from Hindustan Shipyard Limited for part construction of two Fleet Support Ships for the Indian Navy, the Indian conglomerate announced on July 9. “L&T will construct the two Fleet Support Ships at its greenfield shipyard at Kattupalli, near Chennai on the east coast of India. The FSS will be employed for replenishing ships …
