For the second time in five years, the parent company of the shipyard in Belfast, Northern Ireland, will enter administration, with Royal Navy contracts in the balance. Bankruptcies, Titanic (Ship), Ships and Shipping, Babcock International Group, HARLAND & WOLFF For the second time in five years, the parent company of the shipyard in Belfast, Northern Ireland, will enter administration, with Royal Navy contracts in the balance. NYT > Business