H&W Gets RoRo Contract

Harland and Wolff signed a deal with the British Defense Ministry to build two RoRo ferries. The two 14,200 dwt vessels are scheduled for delivery in October 2002 and January 2003. Harland and Wolff, which is majority owned by Norwegian group Fred Olsen Energy, did not specify the value of the deal. "Harland and Wolff has today been offered a singular opportunity to rebuild and revitalise shipbuilding in Belfast. It is an opportunity which we fully intend to grasp," CEO Brynjulv Mugaas said. - (Reuters)