Olderfleet Shipbuilding and Engineering Co, was incorporated in 1919. )
The only ship that can be traced to be built by them was a small steam dredger in 1921, built as "Nellie", for Howdens and probably used for dredging in the channel to their Bank Quays and possibly in the areas which were a bit deeper in the Back Lough. But after problems with adhering to the contract, and several court cases, the contract was terminated. As there is no record of other ships built by the yard, they seem to have focussed on maintenance, repairs and engineering, leaving only on ship built .Carrying yard number1.
The site was at the end of Curran Point where the Power Station was subsequently located and the company was eventually dissolved in 1928. It must have lost a lot of money, in fact it was said that W. H. Kane was in debt to the Ulster Bank for many years.
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