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