Get all your news in one place.
100's of premium titles.
One app.
Start reading
Insider UK
Insider UK
National
John Glover

Ferguson Marine loses £8 million building other vessels following nationalisation

Ferguson Marine has lost nearly an additional £8m building three vessels, on top of the two delayed and over budget CalMac ferries, according to its annual accounts.

The Port of Glasgow yard was tasked with the construction of an oil barge and two fish farm work boats, which started before it was nationalised by the Scottish Government in 2019.

The government committed to completing the building of five vessels when it acquired the yard.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.