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Titanic builder Harland & Wolff to wind down non-core businesses

By Thomson Reuters Sep 16, 2024 | 5:17 AM

(Reuters) – Harland & Wolff said on Monday it will wind down its non-core businesses and lay off some of its employees as the British shipbuilder struggles to stay in business amid financial woes.

The company, known for building the Titanic, will keep its core operations running at its four shipyards and interests in the Islandmagee Gas Storage project.

(Reporting by Prerna Bedi in Bengaluru)