Falkland Islands cancels £120m contract with Harland & Wolff due to financial difficulties.

Falkland Islands Govt cancels £120m contract with Harland & Wolff after failing to reach a mutually acceptable commercial position. H&W, the selected preferred bidder, faces financial difficulties including rejected £200m loan and recent losses. The Falklands' port replacement project is put on hold due to these challenges.

August 06, 2024
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