The construction of the port in Malvinas is in danger due to the financial problems of the Harland & Wolff shipyards

The iconic shipyards were chosen by the British occupation government of the Malvina Islands to build the new port facility. But the project may founder due to the recurring financial problems of the firm, currently in the hands of the Norwegian company Fred Olsen Energy.

5 de June de 2024 15:05

In 2019, the historic Northern Irish shipyards, founded in 1861, came under judicial control after declaring bankruptcy.

The Harland & Wolff shipyards, responsible for the new port project in the Malvina Islands , called by the occupation government as FIPASS (Malvina Interim Port and Storage System), “continue completely unaffected,” noted the MercoPress news portal. , despite the existence of several British press reports referring to “financial difficulties” . According to reports, the firm Harland & Wolff has been holding talks with the British government for a credit guarantee of 200 million pounds , which will help the refinancing of the shipyard in Northern Ireland.

The new large port that the invader is planning on our Malvinas Islands will replace the one that has been operating since the post-war era and that was also built by the same shipyards. According to Infobae, the new port can be used for activities linked to oil exploitation, fishing, tourism, science and research and even defense.

But, last week , The Daily Telegraph newspaper informed its readers that directors of the company , world famous for having built the Titanic, warned English officials that in the “worst case scenario, if they could not secure the guarantee of the credit for about 200 million pounds, will lead to job losses and the need to cut and reconsider some projects, such as the one referring to the Malvina Islands . According to the British conservative newspaper, the shipyards and more than 500 jobs were in serious danger.

A few days before, the British press reflected that as a result of the financial problems that Harland & Wolff would have, a conglomerate of rival companies were in negotiations with the British government to take over a naval contract for about 1.6 billion dollars in the face of the possible non-compliance by the legendary Northern Irish shipyards.

The authorities of the occupation government in the Malvinas , through a statement , stated “they are aware of the recent publicity regarding Harland & Wolff, and the uncertainty regarding the financing of the United Kingdom government.”

Already in 2019, the historic Northern Irish shipyards, founded in 1861, came under judicial control after having declared bankruptcy , as reported by the El Canal portal. It is important to note that the firm stopped producing ships at the end of the '90s and since 2008 it focused on the market for renewable marine energy and associated engineering, although it maintained a residual line of business around the maintenance and dismantling of ships . For years , the Harland & Wolff shipyards belonged to British public capital, but were sold in 1989 to the Norwegian company Fred Olsen Energy, through the subsidiary Dolphin Drilling.

 

Sources:

MercoPress.

The Daily Telegraph

The channel

Infobae

 

By Agenda Malvinas

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