UK government backs Spanish shipbuilder Navitas deal to take over Harland and Wolff

A UK Government-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland. The buy-out saves the jobs of 350 skilled workers at the company’s sites in Methil, Fife, and Arnish in the Western Isles.