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 7218 contributions
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
Thank you. Jim Fairlie, you wanted to come back with a follow-up.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
I have a final question. The pricing of all this seems quite opaque to me. You have the costs that you put out, plus the contingency plan, plus what I call the Derek Mackay loan, then you have the extra money that has been given to the yard, and then you have some capital investment subsequent to that. That basically means that we are talking about £175 million to produce each of these ferries—that is roughly where I am at. That does not include any of the stuff that needs to be done in the harbours to make sure that they can take these boats. We know that Ardrossan cannot and there are no LNG tanks, so there is probably quite a lot of extra money in there that is not part of the contracts. If each of these boats, Glen Sannox and 802, has cost £175 million to build, what value will CMAL be putting them on its books at? That is the value that they will have to be insured at and that is their true worth, so what do you think the true worth of each of these boats is? It cannot be £175 million, surely.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
You left that answer hanging. You said that you know about the relationships that you have had in the past 18 months. You had better tell us about them, because we do not know.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
You are saying that they are hands-on.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
Wow. If there are no other questions, I thank you very much for coming and giving your evidence this morning. I will briefly suspend the meeting to allow you to depart and for the committee to take a break.
10:39 Meeting suspended.Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
I am unclear why, 10 months after the yard was nationalised and we had a turnaround director in the yard, nothing was turned around and it got worse. Can you explain that?
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
So it will meet the original contract.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
Perfect. Thank you.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
Item 3 is an evidence session with Ferguson Marine Port Glasgow Ltd, following the company’s latest quarterly update on the completion of the MV Glen Sannox—hull 801—and what I think will be called MV Glen Rosa but, as it has not been launched yet, I will refer to as hull 802. We will examine issues raised in Ferguson Marine’s latest quarterly update as well as other issues affecting the delivery of the two vessels.
I am pleased to welcome Andrew Miller, the chairman of Ferguson Marine Port Glasgow Ltd, and David Tydeman, its chief executive officer. Thank you for joining us. Before we begin, I believe that David wants to make a brief opening statement.
Net Zero, Energy and Transport Committee
Meeting date: 24 October 2023
Edward Mountain
Douglas Lumsden, you have some questions and I would like to get Mark Ruskell in.