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The shipyard owner of Belfast's Harland & Wolff has said its business is improving after announcing a pre-tax loss of £25.5 million for its latest reporting period.

Infrastrata PLC, which bought the company out of administration in late 2019, officially began trading under the Harland and Wolff name last September.

The group, which is also seeking to develop gas storage caverns under Larne Lough at Islandmagee, said it is in year three of a five-year plan to make the shipyard profitable again.

But it said the war in Ukraine and the ongoing energy crisis have hit those plans.

Publishing its accounts for the 17 months ending December 31 2021, Harland and Wolff Group Holdings PLC said revenues grew to £18.5m during the period, up from £1.5m for the year to July 31 2020.

The company has now absorbed pre-tax losses of around £36m in the last two reporting periods, with losses reaching £25.5m in the latest 17 months.

It put the losses down to “significant investment to support future growth of the business”, including the acquisition of three shipyards.

Appledore in Devon was acquired in August 2020, followed by Scottish yards Methil and Arnish in February 2021. All three now bear the Harland and Wolff branding.

The Irish News reports more on the shipyard group. 

As pictured above is the Northern Lighthouse Board's aids to navigation tender, NLV Pharos which Afloat reported last month. 

Published in Shipyards
Tagged under

The GP14 is a popular sailing dinghy, with well over 14,000 boats built.

The class is active in the UK, Ireland, Australia, South Africa, Sri Lanka and parts of north-eastern USA, and the GP14 can be used for both racing and cruising. 

Designed by Jack Holt in 1949, with the assistance of the Dovey Yacht Club in Aberdyfi. The idea behind the design was to build a General Purpose (GP) 14-foot dinghy which could be sailed or rowed, capable of also being powered effectively by a small outboard motor, able to be towed behind a small family car and able to be launched and recovered reasonably easily, and stable enough to be able to lie to moorings or anchor when required. Racing soon followed, initially with some degree of opposition from Yachting World, who had commissioned the design, and the boat soon turned out to be an outstanding racing design also.

The boat was initially designed with a main and small jib as a comfortable family dinghy. In a design philosophy that is both practical and highly redolent of social attitudes of the day the intention was that she should accommodate a family comprising parents plus two children, and specifically that the jib should be modest enough for "Mum" or older children to handle, while she should perform well enough to give "Dad" some excitement when not taking the family out. While this rig is still available, and can be useful when using the boat to teach sailing, or for family sailing, and has some popularity for cruising, the boat is more commonly seen with the full modern rig of a mainsail, genoa and spinnaker. Australian boats also routinely use trapezes.

GP14 Ireland Event Dates 2023

  • O'Tiarnaigh (Apr 22-23) Blessington Sailing Club
  • Ulsters (May 20-21) East Antrim Boat Club
  • Munsters (Jun 17-18) Tralee Bay Sailing Club
  • Leinsters (Jul 7-9) Dun Laoghaire Regatta
  • SOYC (Aug 19-20) Rush Sailing Club
  • Nationals (Sep 1-3) Sutton Dinghy Club
  • Hot Toddy (Sep 30-Oct 1) Royal North of Ireland Yacht Club

 

At A Glance – GP14 Dinghy Specifications

Crew 2
Draft 1,200 mm (47 in)
Hull weight 132.9 kg
LOA 4.27 m (14 ft)
Beam 1.54 m
Spinnaker area 8.4 m2
Upwind sail area 12.85 m2

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