Thread: Appledore
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Old 21st November 2020, 20:04
SJB Norway SJB is offline
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Join Date: Jul 2017
Location: Brandbu, Gran, Norway
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Quote:
Originally Posted by BillH View Post
Better news this year.

The same organisation that bought the Harland & Wolff yard in Belfast have also now acquired Appledore and say it will be rebranded as Harland & Wolff (Appledore) Ltd
What organisation is that? One year ago Dolphin Energy, owned by Fred Olsen was the owner of the yard, and filed for bankruptcy. According to Fred Olsen (Who is not the first head of the Fred Olsen company with that name.), today it is impossible to compete with yards in South Korea and China who has both much lower labour expenses and much higher "intensity" (whatever he meant by that - perhaps simply that their workers work harder?). He had been hoping for orders from the Irish sea offshore wind energy projects, but this seemed to be lagging. That was the situation one year and two months ago. Of course the yard may have been taken off Olsen's hands by someone who saw a future in shipbuilding for the legendary yard, but that they should immediately expand through buying another yard sounds strange to me... (And btw., Fred Olsen also owned the Aker yard in Oslo, of which I believe they could as an alternative to closing it down have opened it as a museum, this without having to change anything at all. )

Last edited by SJB; 21st November 2020 at 20:08.
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