Navantia to buy Titanic builder Harland & Wolff, saving about 1,000 jobs

Northern Ireland secretary hails rescue deal reached with Spanish state-owned company that secures all four shipyards

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.

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