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Insider UK
Insider UK
National
John Glover

Auditor reveals Ferguson Marine ferries to cost taxpayers almost £240 million

The total cost to complete the two delayed lifeline ferries at Ferguson Marine's Port Glasgow yard is estimated to be two and a half times the original price - £240m - according to the Auditor General for Scotland.

A new report revealed that more than two years after the government took control over the shipyard, there were still “significant operational failures” needing to be resolved and further remedial work on the vessels continuing to be uncovered.

The Scottish Government and Caledonian Maritime Assets Limited (CMAL) paid a total of £128.25m to Ferguson Marine Engineering at the point it had entered into administration, despite the ferries being "largely incomplete"

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