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Share Price: 13.00

Bid: 12.50

Ask: 13.50

Change: 0.00 (0.00%)

Spread: 1.00 (8.00%)

Open: 13.00

High: 13.00

Low: 13.00

Prev. Close: 13.00

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IN BRIEF: Harland & Wolff gets gas storage marine licence from DEFRA

Wed, 13th Oct 2021 12:06

Harland & Wolff Group Holdings PLC - Belfast-based specialist in ship repair, conversion and offshore construction - Gets marine licence for Islandmagee Gas Storage project from Department of Agriculture, Environment and Rural Affairs. "The issuance of this licence will facilitate the abstraction and discharge of seawater and brine respectively during the cavern formation," says Harland & Wolff. Believes storage project is vital to ensure security of gas supply in UK, amid current crisis. The Islandmagee Gas Storage project is a salt cavern gas storage facility in Antrim, Northern Ireland.

"This marks a major step forward in the Project's journey, paving the way for the construction of our proposed facility," says Chief Executive John Wood. "We have worked tirelessly over a two-year period to ensure that our proposals meet and exceed legislative requirements, taking onboard the many comments made by the local community and other stakeholders."

Current stock price: 21.90 pence, up 23% on Wednesday

Year-to-date change: down 54%

By Josie O'Brien; josieobrien@alliancenews.com

More News

6 Nov 2023 11:37

Harland & Wolff wins further Cory contract for GBP8.5 million

(Alliance News) - Harland & Wolff Group Holdings PLC on Monday said it won a GBP8.5 million, 10 barge contract from the London-based Cory Group.

20 Oct 2023 14:14

IN BRIEF: Harland & Wolff notes appeal against Islandmagee judgment

Harland & Wolff Group Holdings PLC - London-based fabrication company, which serves the maritime and offshore industries from yards in England, Northern Ireland and Scotland - Notified of an appeal against a judgement made in late August in the company's favour following the completion of the judicial review of its Islandmagee gas storage project. Islandmagee is a salt cavern gas storage facility in Antrim, Northern Ireland. The company obtained a marine licence for the project from Northern Ireland's Department of Agriculture, Environment & Rural Affairs in November 2021. Says it is due to receive a hearing date in the next few weeks with the hearing likely to be scheduled for early 2024.

20 Oct 2023 10:15

AIM WINNERS & LOSERS: Harland & Wolff up on vessel contract upgrade

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

20 Oct 2023 08:55

Harland & Wolff gets GBP61 million contract upgrade for SeaRose vessel

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said it has been awarded a mid-life upgrade contract for the SeaRose floating production storage and offloading vessel by Cenovus Energy Inc.

9 Oct 2023 11:45

IN BRIEF: Harland & Wolff to buy tug; proposes new fast ferry service

Harland & Wolff Group Holdings PLC - London-based fabrication company, which serves the maritime and offshore industries from yards in England, Northern Ireland and Scotland - Provides update on strategy to establish its own marine operations once it has a critical mass of marine activity to service. As part of this push, it has identified a new tug to acquire, which will be added to two announced earlier this year. The new tug will be used internally and also hired out when not needed. Harland & Wolff also continues to pursue its proposal for fast ferry and freight services to and between the Isles of Scilly. The vessels would be built in the UK and therefore could be eligible for levelling up funding from the UK government.

15 Sep 2023 17:10

Harland & Wolff inks partnership with Swedish energy systems supplier

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

8 Sep 2023 10:15

AIM WINNERS & LOSERS: Power Metal jumps on Perch River discovery

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

8 Sep 2023 09:39

Harland & Wolff sees revenue surge but half-year loss widens

(Alliance News) - Harland & Wolff Group Holdings PLC on Friday said its loss widened in its latest half year despite a 65% revenue boost, but maintained its confident outlook amid "increasingly exciting times".

31 Aug 2023 12:20

IN BRIEF: Harland & Wolff shares climb on positive judicial review

Harland & Wolff Group Holdings PLC - London-based fabrication company serving maritime and offshore industries from yards in England, Northern Ireland and Scotland - Announces that the judicial review of its Islandmagee gas storage project had been made in its favour. Says it will now assess the judgement in detail and consider the appropriate next steps factoring in the findings of the judgement and the interests of Harland & Wolff's stakeholders. Adds a further announcement will be made "in due course."

31 Aug 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 edges lower ahead of US inflation print

(Alliance News) - The FTSE 100 tipped into the red at midday on Thursday as investors nervously awaited the latest print of the US Federal Reserve's preferred inflationary gauge, the personal consumption expenditures index.

30 Aug 2023 11:04

IN BRIEF: Harland & Wolff seeks UK levelling up funds for Scilly ferry

Harland & Wolff Group Holdings PLC - London-based fabrication company serving maritime and offshore industries from yards in England, Northern Ireland and Scotland - Says in advanced stage of pursuing opportunity to build and operate two ferries between Penzance and the Isles of Scilly in Cornwall, England. After three years of design and costing for the boats, Harland & Wolff now will apply for levelling up funding from the UK government. Levelling up funds encourage economic development outside of London. Will seek to operate the ferry route for an initial five-year period, with options for five-year extensions. Notes the current vessel operating the passenger ferry to Scilly, the Scillonian III, was built at Harland & Wolff's Appledore shipyard, which is in neighbouring Devon. Cautions there is no certainty the ferry opportunity will be brought to financial close.

21 Aug 2023 11:49

IN BRIEF: Harland & Wolff judicial review to be heard next week

Harland & Wolff Group Holdings PLC - London-based engineering company serving the maritime and offshore industries - Issues update on the judicial review of its Islandmagee gas storage project, says case has been listed for judgement on Thursday, August 31. Islandmagee is a salt cavern gas storage facility in Antrim, Northern Ireland. Company obtained a marine licence for the project from Northern Ireland's Department of Agriculture, Environment & Rural Affairs in November 2021.

3 Aug 2023 16:35

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Harland & Wolff Share News (HARL)

Share Price Information for Harland & Wolff (HARL)

IN BRIEF: Harland & Wolff gets gas storage marine licence from DEFRA

Harland & Wolff wins further Cory contract for GBP8.5 million

IN BRIEF: Harland & Wolff notes appeal against Islandmagee judgment

AIM WINNERS & LOSERS: Harland & Wolff up on vessel contract upgrade

Harland & Wolff gets GBP61 million contract upgrade for SeaRose vessel

IN BRIEF: Harland & Wolff to buy tug; proposes new fast ferry service

Harland & Wolff inks partnership with Swedish energy systems supplier

AIM WINNERS & LOSERS: Power Metal jumps on Perch River discovery

Harland & Wolff sees revenue surge but half-year loss widens

IN BRIEF: Harland & Wolff shares climb on positive judicial review

LONDON MARKET MIDDAY: FTSE 100 edges lower ahead of US inflation print

IN BRIEF: Harland & Wolff seeks UK levelling up funds for Scilly ferry

IN BRIEF: Harland & Wolff judicial review to be heard next week

Harland & Wolff establishes new technology division in Aberdeen

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AIM WINNERS & LOSERS: Victoria rises as backs outlook

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