Fast catamaran to be returned before entering service as stricken shipbuilder winds down non-core businesses
A ferry service to the Isles of Scilly has been axed before carrying a single fare-paying passenger, as the struggling operator Harland & Wolff winds down all non-core businesses.
The stricken Belfast-based shipyard company that built the Titanic, announced the closure of its Scilly Ferries subsidiary on Thursday, as it confirmed details of a rescue funding deal with its lenders, led by a US investment firm.
Continue reading…Fast catamaran to be returned before entering service as stricken shipbuilder winds down non-core businesses• Business liveA ferry service to the Isles of Scilly has been axed before carrying a single fare-paying passenger, as the struggling operator Harland & Wolff winds down all non-core businesses.The stricken Belfast-based shipyard company that built the Titanic, announced the closure of its Scilly Ferries subsidiary on Thursday, as it confirmed details of a rescue funding deal with its lenders, led by a US investment firm. Continue reading…