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Displaying items by tag: Investor Events Programme

Harland & Wolff Group is aiming to update investors and financial professionals on their progress and outlook for the future, with the announcement of sharing their 2022 investor events programme which will be held across all the group's four shipyard sites.

Each event will be an opportunity for investors to hear from our leadership team, witness the work taking place in each of our yards and see the various reactivation works that have taken place over 2021.

Event dates (February up to November) can be consulted via this link. Noting that some events may be subject to changes due to closing monitoring COVID 19 developments.

Over the last year, H&W become a multi-site group that holds a substantial proportion of the UK’s marine and energy fabrication footprint. Taking advantage of the covid period by investing in all our sites – we have completed significant maintenance works, bringing in technology and enhancing capability, all of which has strengthened our competitive edge.

After having secured major fabrication contracts and developed a strong pipeline of ship repair work, there is much activity to observe across the four sites in 2022.

John Wood, Group CEO of Harland & Wolff, commented: “As we enter the new year with all of our yards now fully operational, 2022 is set to be an exciting year for Harland & Wolff – one that will see further growth and success. With strategic acquisitions completed in 2019, 2020 and 2021 as well as the bringing in of some of the world’s best marine and offshore engineering talent, we are well placed to continue to secure lucrative contracts and deliver value for shareholders. We look forward to welcoming investors, new and old, to all of our yards this year.”

Published in Shipyards

Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.