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.
Ferguson Marine
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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.