Audit Scotland has raised concerns over the future of the publicly-owned Ferguson Marine Port Glasgow (FMPG), highlighting uncertainty as no more work is secured beyond the completion of MV Glen Rosa (802).
Ferguson Marine
The Scottish Government has pledged up to £14.2 million over two years to support Ferguson Marine Port Glasgow (FMPG) in its bid to improve productivity and secure a sustainable future.
Concerns have been raised by Audit Scotland over the final costs and completion dates of two delayed lifeline ferries, Glen Sannox (801) and vessel 802 as well as over the payment of performance bonuses to senior managers at Ferguson Marine Port Glasgow. In total, the two vessels are currently estim
Ferguson Marine is to be nationalised after administrators rejected three commercial bids to buy the Inverclyde-based shipyard. After operating the firm under a management agreement, the Scottish Government is now to formally purchase the yard.