Menu
Allianz and Afloat - Supporting Irish Boating

Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

Displaying items by tag: Forced Administration

On Clydeside a troubled shipyard was "forced into administration" by the Scottish Government without giving the private sector time to save it, a dossier compiled by its former owner has claimed.

Ferguson Marine, the last yard in Scotland still handling non-defence orders, was nationalised by Holyrood ministers late last year after a contract to build two new ferries was beset by massive delays and cost overruns.

Jim McColl, the Monaco-based billionaire who took charge of the shipyard in 2014 through his Clyde Blowers company, has been critical of how the Scottish Government has handled the debacle.

A dossier, compiled by a QC on McColl's behalf, has now claimed Nicola Sturgeon's failure to mediate between Fergusons bosses and government quango Caledonian Maritime Assets Ltd (CMAL) led to the yard's collapse and left taxpayers picking up the bill.

For more on the story HERE reports The Scotsman on the duel-fuel ferries destined for Isle of Arran and Uig Triangle services.    

Published in Ports & Shipping

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Car Brands

subaru sidebutton

Featured Associations

ISA sidebutton dob
ICRA
isora sidebutton

Featured Events 2021

vdlr21 sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton

quantum sidebutton

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating