Article 67B32 Harland & Wolff hit by at least £34m order cuts and supply chain delays

Harland & Wolff hit by at least £34m order cuts and supply chain delays

by
Jasper Jolly
from World news | The Guardian on (#67B32)

Belfast shipbuilders famous for the Titanic suffer loss of revenues as it prepares for MoD contract

Harland & Wolff has been hit by supply chain delays and order cuts worth at least 34m, in a blow for the owner of Belfast's historic shipyard as it prepares to restart shipbuilding under a Ministry of Defence contract.

The company said it will generate revenues of between 29m and 31m for 2022, significantly below the 65m-75m it said it expected in September.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments