Belfast shipbuilder Harland and Wolff has announced the business is set to move into administration.
The firm said between 50-60 immediate redundancies are expected but said that staff employed at its four shipyards are not affected. Harland and Wolff, which famously built the Titanic, has four shipyards - one in Belfast, two in Scotland and one in England . It is the second time the business has been placed in administration in five years.
"Unfortunately, extremely difficult decisions have had to be taken to preserve the future of our yards. "Despite the recent challenges, the four yards have a strong capability, under new ownership and with the continuing support of their customers, to deliver UK-based ship building and leading UK-based renewables employing over 1,300 committed personnel.
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