Harland and Wolff has won a second contract to build barges destined to transport waste on the River Thames.
The £10 million deal with Riverside Energy Park involves building 12 vessels at the Belfast shipyard which will transport recyclable and non-recyclable waste.
It is subject to the client’s parent company Cory Group closing the finance to build its Riverside 2 energy-from-waste facility at Belvedere in East London and adds to a growing list of orders for Harland and Wolff.
In early June, it announced the first contract with Cory Group to build 11 barges for the project.
Harland and Wolff said a production line has been set up at the Belfast facility for the 23 barges, with four set to be built at the one time.
Construction was due to begin in early August of the first tranche of barges with revenues from the deal being delivered in the 2023 to the company’s balance sheet,” Harland & Wolff Group CEO John Wood said.
“We are pleased that Cory has once again chosen Harland & Wolff to fabricate these new barges. Fabrication facilities require a constant stream of work in order to create economies of scale and derive operational efficiencies.
The latest contract win for the company sees it continue its revival after facing closure in 2019.
Then, it was bought out of administration by Infrastrata which also owns the Islandmagee gas storage project in County Antrim. Infrastrata also owns the Methil site in Fife, Scotland, and the Arnish site at the isle of Lewis. It added the Appledore shipyard in north Devon to the group in August 2020.
