Harland & Wolff Group Holdings PLC - Belfast-based offshore construction company - Says its subsidiary, Harland & Wolff Belfast Ltd, has ben awarded a dry dock contract for two cruise ships from P&O Cruises and Cunard. The ships will occupy the Belfast drydock for 33 days. Company says the ships mark "another milestone" in its "re-activation strategy". Harland & Wolff does not disclose the financial details of the contract.
Chief Executive John Wood says: "Our facilities are ideally placed to capitalise on these types of large projects whilst we continue servicing our smaller but regular clients. We have now secured contracts in four out of our five markets; commercial, cruise & ferry, renewables and energy - we now hope to complete the final milestone of securing a defence contract in the near future."
Current stock price: 22.00 pence
12-month change: down 49%
Harland & Wolff (HARL)