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Shipbuilding News – Late January 2025

Summary by GTMA
The Harland and Wolff shipyards are to be put into administration as part of the takeover process by Spain’s state-owned shipbuilder. Legal notices of intention to appoint administrators to the four yards were published this week meaning the company’s new owner, Navantia, will not be stuck with the firm’s legacy debts. The company that owns Harland and Wolff went into administration in October, but the firms which operate each of the yards con…
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GTMA broke the news in on Thursday, February 6, 2025.
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