The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 2637 contributions
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
Good morning, everyone. I want to ask about something that, I hope, is a bit of a good news story but which requires scrutiny, too—that is, the £14.2 million that the yard has notionally been guaranteed by the Scottish Government over a two-year period. David, I think that you commented on this to the committee as long ago as November 2024.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
I have one final question. I am looking through your previous evidence to the committee, which was very helpful. You suggested that the investment of £14.2 million would be almost a “catch-up” for the yard, because successful commercial yards would, as a matter of course, be investing over £1 million, and possibly as much as £2 million, annually or regularly, to ensure that they are always fit for the future and at the cutting edge, so that they can win profitable contracts.
That raises a question about what happens once we have invested the £14.2 million. The day that you install new equipment, a new piece of replacement kit may appear on the horizon. What is the sink fund for replacements as a matter of course, once the catch-up has taken place? Where does that money come from?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
I really hope that we get to a stable state with Ferguson Marine in the next few years, and it becomes a good-news story.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
I think that all of us—including the convener, despite the terrier-like scrutiny—will want to see the yard being run successfully, profitably and for the public benefit, so I thank you for those responses.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
Crikey. At that time, you said that the money would be used to get shot of “equipment that is obsolete”; to repair equipment that “is not working”; and to upgrade equipment that needed “to be upgraded”. Then you started to set out how the money could be portioned out. I think that you said that £4 million would be used to upgrade obsolete equipment, and about £8 million—or over half of the overall amount—would be used to pivot towards ensuring that the yard was fit for future work. I just wanted to put on the record some of the details of the evidence that you gave in 2024.
The Government has said:
“To date, the Government has received 11 separate capital expenditure (Capex) requests from Ferguson Marine. Following rigorous due diligence, all 11 have been approved, with a combined total value of over £570,000.”
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
Everything is relative but, compared with that £570,000, the £14.2 million that was announced in 2024 represents a huge, substantial potential investment. It is very clear what that money was to be used for, but to date only £570,000 has been spent. Can you explain why the process seems to have been so slow?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
However—and I am not trying to catch you out—it seemed quite clear in late 2024 that you were going to spend about £4 million on replacing obsolete equipment. I think that you have suggested that that figure is now less than £1 million. Is that because some of that obsolete equipment is no longer part of how you intend to take the yard forward and therefore does not need to be replaced?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
You say that the £14.2 million has been fully mapped out, but has that information been made public? Would it be appropriate to do so? Clearly, there is a will in Parliament to scrutinise the future of Ferguson Marine—with good will, because we want it to prosper—but we are, like the convener, also very conscious of the missteps that have been made over several years. We want to ensure that that £14.2 million secures the yard’s future and is not another misstep.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
At the heart of the context around all this is a core question. Subject to due diligence, how will the investment be used to ensure on-time and on-budget delivery of the four vessels stated in the direct award? Can you bring that to life and provide specific examples of how that investment can be used, in order to give the committee a degree of reassurance that we may previously not have had?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Bob Doris
I suppose that, in one respect, I am pleased that so little has been spent to date, because there would have been no point in sinking money into the yard in late 2024 if you were investing in the wrong kit and equipment for the business.