Historic shipbuilder Harland & Wolff has formally entered administration for the second time in five years.

The process involves only the non-trading holding company, Harland & Wolff Group Holdings.

Its subsidiaries — Belfast in Northern Ireland, Arnish and Methil in Scotland, and Appledore in England — are not subject to the insolvency process and are continuing to trade under the control of their directors, the shipbuilding group said.