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shipping

  • ‘Extremely frustrated and angry’: Harland & Wolff shareholders despair as buyers circle beleaguered Titanic builder

    September 18, 2024

    The crisis at Harland & Wolff reached a head on Monday when the shipyard revealed it would likely enter administration later this week.

  • Lessons must be learned from the demise of Harland & Wolff

    September 17, 2024

    Harland & Wolff on Monday declared insolvency following weeks of turmoil since the government refused to provide financial support.

  • Harland & Wolff to meet with shareholders as administration risk looms

    September 16, 2024

    Troubled shipbuilder Harland & Wolff is planning to meet with shareholders this Thursday following reports that the firm could fall into administration as soon as this week, City A.M. understands.

  • Titanic shipyard Harland & Wolff at crunch point as administration looms

    September 15, 2024

    It was revealed last week Harland and Wolff may be on the brink of announcing its adminsitration, with a number of bidders circling.

  • Titanic maker Harland and Wolff’s finance chief leaves company

    September 11, 2024

    The Belfast-based shipyard gave almost no detail in a statement on the London Stock Exchange, but that Raman "had resigned with immediate effect."

  • Focusrite: Music tech firm’s bottom line hit by shipping and logistical woes

    August 28, 2024

     Shares in UK-based music software company Focusrite plunged 16.7 per cent after it reported that, while demand for its products remains strong, shipping and logistics challenges are squeezing its bottom line. Revenue is expected to come in around £157m, in line with current market expectations, as overall demand for its suite of audio tech products [...]

  • Clarkson shares plunge despite dividend hike

    August 5, 2024

    It marks the 22nd consecutive year the FTSE 250 shipbroker has increased dividend payouts for its investors.

  • Net zero plan ‘long overdue’: UK shipping warns it’s falling behind on decarbonisation

    July 31, 2024

    The shipping industry is concerned the govenrment is mismatching priorities, with the aviation sector's bid to decarbonise mentioned in the King's Speech.

  • Harland & Wolff: Propping up Titanic shipbuilder posed ‘substantial risk taxpayer cash would be lost’

    July 22, 2024

    The Belfast shipyard, which built the Titanic, is facing collapse after the new Labour government refused to guarantee a critical £200m loan.

  • ABP: Port operator slips back into the red as economic uncertainty dents finances

    July 3, 2024

    Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.

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