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Harland and Wolff is bankrupt (shipbuilder famous for Titanic)
The Guardian ^ | 08-05-2019 | Jasper Jolly

Posted on 08/05/2019 10:52:03 AM PDT by NRx

The historic Belfast shipyard that built the Titanic is expected to collapse into administration on Monday, threatening the end of centuries of shipbuilding in the city.

Harland and Wolff Heavy Industries, which dates back to 1861, has struggled in recent years as a result of stiff competition from overseas rivals. The company’s Norwegian owner, Dolphin Drilling, filed for bankruptcy in June and put the Belfast shipyard up for sale.

The company’s yellow cranes – named Samson and Goliath – have dominated Belfast’s skyline since 1974, but the workforce at the yard has declined from a peak of more than 35,000 in the 1920s to only 130 as Northern Ireland’s shipbuilding industry has all but disappeared. The remaining staff have been given redundancy notices.

As well as the “unsinkable” Titanic, which sank on its maiden voyage in 1912, the shipyard on the banks of the River Lagan made some of the world’s largest and most famous ships, such as the Titanic’s sister Olympic, and Britannic liners. The yard also played a key role in the second world war, producing ships such as HMS Belfast, the battleship now moored on London’s South Bank as a floating museum.

The yard built its last ocean liner, the Canberra, in 1961, to take passengers from the UK to Australia. But Harland and Wolff gradually declined as the age of mass air travel supplanted travel by ship, and shipyards in the Far East offered cheaper vessels.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy
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1 posted on 08/05/2019 10:52:03 AM PDT by NRx
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To: NRx

I think some ambulance chasers were a bit late, eh?


2 posted on 08/05/2019 10:56:15 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: NRx
...made some of the world’s largest and most famous ships, such as the Titanic’s sister Olympic, and Britannic liners.

Two out of three ain't bad..............

3 posted on 08/05/2019 10:56:34 AM PDT by Red Badger (Against stupidity the gods themselves contend in vain......................)
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To: NRx

Was just there on a cruise.


4 posted on 08/05/2019 10:57:43 AM PDT by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: NRx

You would think after the Titanic, that would have been the end for them.

One might also think that in this Jet Age - Ocean Liners would not be in hot demand.


5 posted on 08/05/2019 10:58:14 AM PDT by Responsibility2nd
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To: NRx

Gee. The HMS Belfast is a light cruiser, not a battleship.


6 posted on 08/05/2019 10:58:25 AM PDT by alternatives? (Why have an army if there are no borders?)
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To: Red Badger

Britannic sank even faster then her sister


7 posted on 08/05/2019 10:58:46 AM PDT by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: Red Badger

Lists of ships built at H&W by decade.

https://en.wikipedia.org/wiki/List_of_ships_built_by_Harland_and_Wolff


8 posted on 08/05/2019 11:00:10 AM PDT by NRx (A man of honor passes his father's civilization to his son without surrendering it to strangers.)
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To: Responsibility2nd
You would think after the Titanic, that would have been the end for them.

Why? The shipbuilders didn't drive it into the iceberg.

One might also think that in this Jet Age - Ocean Liners would not be in hot demand.

It's a far more elegant way to travel, if sheer speed isn't your goal. Ask Cunard. They keep buying Queen Elizabeths and Queen Marys.

Hopefully, there will always be a place for these magnificent ships.

9 posted on 08/05/2019 11:01:53 AM PDT by IronJack
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To: Kozak

She had a hole blown below the water line by a mine...................


10 posted on 08/05/2019 11:02:49 AM PDT by Red Badger (Against stupidity the gods themselves contend in vain......................)
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To: NRx

Like many European and US shipyards, Harland and Wolff seem to have been slow and incomplete in adopting new, efficient modular production methods first developed by Asian shipbuilders. In addition, unions insisted on obsolete work rules that ran up costs.


11 posted on 08/05/2019 11:04:40 AM PDT by Rockingham
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To: Rockingham
Asian shipbuilders

Subsidized by their governments.

In addition, unions insisted on obsolete work rules that ran up costs.

Can you post some info on that.

12 posted on 08/05/2019 11:06:55 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: NRx

No shipyards means the west loses the next world war.


13 posted on 08/05/2019 11:08:24 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Rockingham

In addition, unions insisted on obsolete work rules that ran up costs.
= = = = = = = = = = = =

While aboard in LST I was home ported in Yokosuka Japan from 1960-62 and all Maintainance and repairs were done in Japanese Shipyards.

Used to be funny when the yard changed a light bulb, 1 would carry it in, another would screw it in, another take the old one away etc etc.

The ‘explanation’ was ‘WE’ couldn’t allow NON UNION work on USN ships outside of UNION yards because it was taking work out of US Yards....so apparently we had to pay the Japanese yard workers on an equal scale BUT it would have ruined the Japanese economy if the US was paying 20 per hour (or whatever union rate was) and really couldn’t be paying JNs that rate so it had to be split up so the pay was the same per hour.. So if changing a light bulb was considered to cost say 30 bucks one JN couldn’t get 10+ yen, so it had to be split 5 or 6 ways.

Or something along that line...


14 posted on 08/05/2019 11:21:27 AM PDT by xrmusn (6/98"HRC is cast as the Grandmother that lures Hansel & Gretel to the pot")
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To: IronJack
You would think after the Titanic, that would have been the end for them.

Why? The shipbuilders didn't drive it into the iceberg.

 

Yeah, but didn't they claim it was unskinable?

15 posted on 08/05/2019 11:23:35 AM PDT by Responsibility2nd
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To: IronJack

Tough to make a living appealing to a fraction of 1% of the market.


16 posted on 08/05/2019 11:27:02 AM PDT by Rebelbase
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To: central_va

See, for example, the privately mailed excerpt from the study: “TOWARDS A THEORY OF BRITISH ECONOMIC DECLINE: THE CASE OF SHIPBUILDING, 1890-1970.”


17 posted on 08/05/2019 11:28:12 AM PDT by Rockingham
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To: Responsibility2nd

They were the builders. Probably not the designers.


18 posted on 08/05/2019 11:40:32 AM PDT by Romulus
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To: NRx

The Royal Navy needs at least 150 new ships.

I’m sure something can be worked out.


19 posted on 08/05/2019 11:41:47 AM PDT by Jim Noble (There is nothing racist in stating plainly what most people already know)
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To: NRx

“and shipyards in the Far East offered cheaper vessels”

I think I see a framing problem here.


20 posted on 08/05/2019 11:43:15 AM PDT by Jim Noble (There is nothing racist in stating plainly what most people already know)
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