Beleaguered Harland & Wolff asked that its shares listed in London be halted due to problems with government auditors. Auditors have so far refused to sign off its accounts and the deadline they agreed upon expired on Monday. Harland states it will publish them next week after discussing with its bookkeepers how best to report revenues from contracts. The issue has called into question a Royal Navy contract and is still awaiting approval for a loan guarantee of £200 million. The company warns if it is not approved by Thursday, then its ability to execute contracts will be peril. Currently the company has partnered with Spanish state-owned ship building giant Navantia to work on the Royal Navy contract.

Source:

Oliver, M. (2024, July 1). Royal Navy ships at risk as auditors refuse to sign off Titanic shipyard’s accounts. The Telegraph. https://www.telegraph.co.uk/business/2024/07/01/titanic-shipbuilder-suspends-shares-amid-row-with-auditors/

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The Volo Museum Titanic exhibit has reopened after being closed due to a flood. The exact cause of the flood has yet to be determined though it is likely that storms that hit the area around the time were responsible. However, since the museum is known for its alleged supernatural occurrences, naturally some speculate an otherworldly explanation. So far, no explanation has been offered and officials claim no broken pipes, roof leaks, or anything else that could have allowed so much water in. The flooding itself was captured on security footage and shows it spreading on the floor indicating it most certainly occurred. The question is how the flooding occurred. The water could have seeped up and out through as yet undiscovered holes in the floor or on the sides. Or it could be a case of simple fakery where someone created the flood in such a way as to make it look like no obvious explanation can be seen. Very skilled illusionists and those who work with special effects have all kinds of interesting ways to make things look real when they aren’t.

Source:

Borcia, S. (2024, July 1). Titanic exhibit at Volo Museum reopens after being shut down due to ‘unexplainable’ flooding. Lake and McHenry County Scanner. https://www.lakemchenryscanner.com/2024/07/01/titanic-exhibit-at-volo-museum-reopens-after-being-shut-down-due-to-unexplainable-flooding/

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