Harland & Wolff secures additional £8.5m barge contract from Cory Group

Harland & Wolff Group Holdings plc, a UK-listed firm known for strategic infrastructure projects and asset lifecycle management, has announced an £8.5 million contract for ten additional barges from the Cory Group. This contract builds upon the existing agreements from 2022 for the construction of 23 barges, marking a continuation of Harland & Wolff’s burgeoning project portfolio.

Progress Across UK Sites

With a programme moving swiftly, Harland & Wolff has been advancing its work across multiple sites — Belfast, Methil, and Arnish. To date, the company has delivered eight barges and is on track to complete the full suite of contracts by the first half of 2025.

See also  IDBI Bank secures $190m from 44 qualified institutional investors

CEO Remarks on Growth and Excellence

John Wood, CEO of Harland & Wolff Group Holdings, shared his enthusiasm about the expanding partnership: “I am delighted that the Cory Group have contracted with us for the build of a further ten barges following the ongoing delivery of barges under the original contract.” He also emphasized the strategic advantages of the company’s multi-site operations and the continuous improvement in their processes, viewing each contract as an opportunity to enhance their methodologies, particularly in preparation for the FSS Programme.

See also  Cenovus Energy entrusts Harland & Wolff with £61m SeaRose FPSO upgrade

Harland & Wolff’s Versatile Operations

As a diverse fabrication entity, Harland & Wolff operates through five market sectors — commercial, cruise and ferry, defence, energy and renewables — and provides a spectrum of services including technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support, and conversion. Their extensive capabilities position them as a prominent player in the maritime and offshore industry.

See also  Muthoot Finance Q2 FY22 profit after tax up by 11% to Rs 994cr

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.