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Scottish Shipyard on Clydeside to be Nationalised after Lack of Viable Bids

3rd October 2019
Glen Sannox, the first of a pair of much delayed duel-fuel ferries at the Fergusan Marine shipyard located on the Clyde, Scotland Glen Sannox, the first of a pair of much delayed duel-fuel ferries at the Fergusan Marine shipyard located on the Clyde, Scotland Photo: Nicola Sturgeon's facebook / BBC News

In Scotland, the last civilian shipyard on the Clyde, The Herald reports, is to be nationalised by the country's Government within a month after a search for a commercial saviour failed.

Workers at Ferguson Marine in Port Glasgow, which was driven into insolvency by a calamitous contract for two CalMac ferries, were told of the development this morning.

The government has already written off almost £50m in loans and interest to the business.

The Scottish Tories called if “potentially disastrous” for Scotland’s shipbuilding industry.

Clink link for more on this story. 

Published in Ports & Shipping
Jehan Ashmore

About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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