Business
Ferguson shipyard to cut a quarter of its workforce as it awaits promised orders
The first, MV Glen Sannox, was finally delivered in November 2024, while MV Glen Rosa is due for completion by the end of this year.
The shipyard recently completed sub-contracting work for BAE Systems for new Type 26 frigates and currently has no confirmed future orders.
In March, before the Holyrood election, the Scottish government announced plans to directly award the shipyard contracts for four future vessels.
It said the vessels – two small CalMac ferries, a fisheries research ship and a marine protection vessel – would provide a “bridge to the future” for the yard.
The then Economy Secretary Kate Forbes said the government had “done a lot of the upfront work in terms of scoping out, securing some of the legal advice about what is possible”.
But she added that engagement with the Competition and Markets Authority would be required.
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