Navantia refurbishes Harland & Wolff cranes
Analysis based on 9 articles · First reported Aug 18, 2026 · Last updated Aug 19, 2026
The investment signals Navantia's commitment to expanding Harland & Wolff's capacity, potentially boosting the UK's naval shipbuilding capabilities and creating jobs. It may positively affect sentiment for Navantia and Harland & Wolff, though the direct market impact is limited given the relatively small investment.
Navantia UK, the Spanish state-owned shipbuilder, is investing £3.1 million to refurbish the iconic Samson and Goliath gantry cranes at the Harland & Wolff shipyard in Belfast. The work, part of a £98.5 million recapitalisation of the yard, includes overhauling the cranes' engines, replacing catenary cables, and making structural and electrical repairs. The refurbishment prepares the yard for increased shipbuilding activity, including the construction of three Fleet Solid Support ships for the United Kingdom — Royal Fleet Auxiliary and a commercial export vessel. The shipyard currently employs 450 people, with plans to increase to 1,500 by 2030.
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