Taxpayers will pay more for Royal Navy support ships under a deal struck to save troubled shipbuilder Harland and Wolff, with Spanish state-owned business Navantia stepping in to buy it.
Fabrication giant Harland & Wolff (H&W) expects to create at least 200 new jobs at Arnish, on Lewis, and 400 in Fife through a £270 million investment in its the Scottish shipyards.
Harland & Wolff (LON: HARL) has announced the findings of a large-scale hydrogen concept study by Atkins regarding its Islandmagee Gas Storage Facility.
Harland & Wolff has terminated its contract with Saipem for the supply of four wind turbine jackets for a major Scottish offshore wind project, claiming cost escalation and delays have made the work “sub-economic.”
The former Bi-Fab yard at Arnish is keeping “very busy” with two contract wins for the Hinkley C nuclear power station and for Italian energy services firm Saipem.
Stornoway Port Authority has awarded the £49 million contract for construction of its new multi-purpose deep water terminal to building and civil engineering firm McLaughlin and Harvey.
“Put simply, a just transition is about moving to an environmentally sustainable economy (that’s the ‘transition’ part) without leaving workers in polluting industries behind,” says NGO Greenpeace