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Titanic shipyard rescued from bankruptcy
Read full article: Titanic shipyard rescued from bankruptcyThe Titanic Quarter is a regeneration area on the original site of the Harland and Wolff shipyard - birthplace of RMS Titanic. (CNN) - Harland and Wolff, the Northern Ireland shipyard that built the Titanic, has been rescued from bankruptcy. A UK energy company, InfraStrata, said Tuesday that it had agreed to buy the 158-year-old Belfast shipyard and its assets for 6 million ($7.3 million). The shipyard, which completed the Titanic in 1912, has not built a ship since 2003 when it built two ferries. The United Kingdom's planned departure from the European Union poses a particular threat to Northern Ireland because of its close economic ties with Ireland, an EU member state.