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    Home»Legal»Nationalised shipyard still waiting for promised investment
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    Nationalised shipyard still waiting for promised investment

    onlyplanz_80y6mtBy onlyplanz_80y6mtAugust 26, 2025No Comments4 Mins Read
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    Nationalised shipyard still waiting for promised investment
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    BBCThe state-owned Ferguson shipyard continues to be ready to obtain many of the funding in new gear promised by Scottish ministers greater than a 12 months in the past.Deputy First Minister Kate Forbes introduced in June final 12 months that the Inverclyde agency would obtain £14.2m over two years to spend money on new equipment to assist it develop into extra environment friendly and win new orders. A couple of months later procurement orders have been issued for main gadgets akin to a brand new “panel line” to course of metal plates but it surely has now emerged that these notices have been withdrawn in March.The Scottish authorities mentioned it remained dedicated to offering the complete quantity of funding topic to “due diligence and business requirements being met”. The GMB union mentioned it was fearful in regards to the sluggish tempo of latest funding, which was important to assist the shipyard transfer on from the long-running ferries controversy.The Port Glasgow agency, which employs about 300 employees, is presently working to finish MV Glen Rosa, the second of two lengthy overdue CalMac ferries, but it surely has no ship orders past that.Earlier this 12 months the shipyard had hoped to rebuild its fame by securing an order for seven a lot smaller CalMac ferries, extensively seen as extra appropriate for the yard’s measurement and capabilities. Nonetheless in March, government-owned ferries procurement physique CMAL introduced that the small vessels contract, value about £160m, would as a substitute go to a Polish agency which had undercut the Scottish shipyard on worth.Procurement notices for a brand new metal chopping machine and a semi-automated panel line have been cancelled three weeks previous to that announcement.Lots of the outdated buildings at Ferguson’s have been changed a decade in the past, however extra funding is neededThe largest commerce union at Ferguson Marine, questioned the delays and mentioned the funding was important to revive the shipyard’s fame.GMB Scotland’s basic secretary Louise Gilmour mentioned: “When this funding was first promised it supplied employees some reassurance for the long run however, greater than a 12 months later, the dearth of motion appears like the other.”The employees are innocent for the errors of the final 10 years and solely need the chance to revive their yard’s fame.”Ferguson MarineFerguson boss Graeme Thomson says new gear may give the agency a stage of productiveness comparable with different trendy shipyards within the UK and abroadA Scottish authorities spokesperson mentioned the funding programme started final December however declined to disclose exactly how a lot cash had been spent thus far. Nonetheless, the brand new Ferguson Marine chief govt Graeme Thomson instructed MPs in July this 12 months that the determine was within the “low lots of of 1000’s”.Giving proof to the Scottish Affairs Committee at Westminster he urged the yard must safe a brand new order earlier than buying new gear.He mentioned: “We have now this circle the place we have to safe some work, get the funding, do the funding after which have the funding accomplished in readiness for after we truly begin constructing that programme that we’ve got gained.”Mr Thomson mentioned the deliberate new gear would finally cut back metal manufacturing hours by 30-40%, giving the yard a stage of productiveness similar to different trendy shipyards within the UK and overseas. ‘Phased’ investmentA spokesperson for the Scottish authorities mentioned ministers had “dedicated to speculate as much as £14.2m over two years topic to due diligence and business requirements being met”.The Ferguson Marine administration mentioned the promised funding cash was being phased in over time in keeping with a plan agreed with the federal government Chief monetary officer David Dishon mentioned an evaluation of the positioning was presently beneath manner, and the remainder of the funding can be launched as soon as that was concluded. He added: “We’re extremely grateful to the Scottish authorities for its long-term dedication to Ferguson Marine, demonstrated by the £14.2m capital funding, which can allow us to extend our reliability and productiveness to compete within the open market.”

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