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Pin to quick picksHarland & Wolff Share News (HARL)

Share Price Information for Harland & Wolff (HARL)

London Stock Exchange
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Share Price: 9.00
Bid: 8.50
Ask: 9.50
Change: -1.02 (-10.18%)
Spread: 1.00 (11.765%)
Open: 10.25
High: 10.25
Low: 8.75
Prev. Close: 10.02
HARL Live PriceLast checked at -

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Harland & Wolff inks partnership with Swedish energy systems supplier

Fri, 15th Sep 2023 17:10

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said it has signed a new partnership with Echandia, the Swedish energy systems supplier.

Harland & Wolff is a London-based fabrication company, which serves the maritime and offshore industries from yards in England, Northern Ireland and Scotland.

The partnership will see Harland & Wolff (Technologies) Ltd work with Echandia on the development of its battery technology, helping to increase the capability of the batteries and scaling the technology for new vessel types.

"H&W Technologies was recently established by Harland & Wolff to drive forward the development of new technological solutions for the maritime sector. These include batteries, future fuels and systems integration as well as the provision of in-service support," Harland & Wolff explained.

The partnership gives H&W exclusive distribution rights for battery sales in the UK, Ireland and Australia for the maritime sector.

Chief Executive Officer John Wood said: "We are delighted to announce this new partnership, which will see Harland & Wolff Technologies working with Echandia to assemble, integrate and test the next generation of battery systems for the maritime sector.

"We are committed to developing and bringing to market the best possible solutions for our customers and this partnership will enable us to do that on batteries across the commercial, leisure, offshore and defence industries."

Shares in Harland & Wolff closed up 1.0% to 13.08 pence each in London on Friday.

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 May 2024 20:26

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29 Dec 2023 13:15

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(Sharecast News) - London markets had a mixed performance in a shortened pre-holiday trading session on Friday.

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29 Dec 2023 10:45

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29 Dec 2023 10:14

Harland & Wolff gets approval for UKEF GBP200 million credit facility

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said it had received ministerial approval for a new credit facility with UK Export Finance.

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Harland & Wollf rules out move for Isles of Scilly shipping operator

(Alliance News) - Harland & Wolff Group Holdings PLC on Thursday said it would not bid for Isles of Scilly Steamship Company Ltd.

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30 Nov 2023 16:45

Harland & Wolff says accounting change could see some revenue deferred

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Isles of Scilly Steamship rejects takeover approach by Harland & Wolff

(Alliance News) - Isles of Scilly Steamship Co Ltd on Friday announced that it unequivocally rejected a preliminary approach from Harland & Wolff Group Holdings PLC.

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Harland & Wolff signs technology transfer deal with Austal Ships

(Alliance News) - Harland & Wolff Group Holdings PLC on Wednesday said it has signed a deal with Austal Ships Pty Ltd for technology transfer for the development of next-generation aluminium vessels.

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