During the year 1861, the company Harland and Wolff was formed. Mr. Gustav Wilhelm Wolff, born in Hamburg in the year 1834, together with Mr. Edward James Harland born during 1831, formed the company. During the year 1858 Harland, who was the general manager during the time, purchased the small shipyard situated on Queen's Island. He bought the property from his employer, Richard Hickson.
Harland at one time bought Hickson's shipyard and made his assistant Wolff a partner in the business. Gustav Wolff was Gustav Schwabe of Hamburg's nephew. He has invested mostly in the Bibby Line. The first 3 ships that the brand new shipyard constructed were for that line. By being innovative, Harland made the company a successful undertaking. Among his well-known ideas was increasing the ship's overall strength by using iron for the upper wodden decks. As well, he was able to increase the ship's capacity by giving the hulls a squarer cross section and a flatter bottom.
Harland and Wolff eventually experienced competitive pressures in regards to building ships. They sought to shift their focus and broaden their portfolio. They decided to focus more on structural engineering and design and less on shipbuilding. The business even diversified into the areas of ship repair, offshore construction projects and competing for additional projects which had to do with construction and metal engineering.
These other interests led to Harland and Wolff building a series of bridges in Britain and in the Republic of Ireland. These bridges include the restoration of both Dublin's Ha'penny Bridge and the James Joyce Bridge. During the 1980s, with the building of the Foyle Bridge, their initial venture into the civil engineering sector happened.
To date, the last shipbuilding project of Harland and Wolff was the MV Anvil Point. This was among six almost identical Point class sealift ships that was constructed to be used by the Ministry of Defense. The ship was launched in 2003, after being built under license from German shipbuilders Flensburger, Schiffbau-Gesellschaft.