Spain's state-owned shipbuilder confirms it is buying Harland & Wolff, best known for the Titanic.
The Spanish shipbuilder is in talks aimed at reaching a deal to take over the famous shipyards.
Spain’s state-owned shipbuilder Navantia is in exclusive talks to buy the Belfast-based shipyard.
With Harland and Wolff under threat, BBC News NI looks at the future of Samson and Goliath.
Harland & Wolff has been heavily loss making since it was bought out of administration five years ago.
There is a growing expectation that Harland and Wolff's holding company will soon be placed into administration.
The plan would see the shipbuilder enter administration, with its trading assets immediately sold.
In March the shipbuilder said it was successful in a competitive bidding process for the project.
Meanwhile firm says it is closing its Isles of Scilly ferry service with immediate effect.
