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 7219 contributions
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
I agree with that, but I point out that, prior to nationalisation in 2019, if I remember rightly, a £30 million loan was given to help the yard become more competitive, and then it was given a further £15 million; the two sums were not linked, but that was £45 million in total. It appears that that money disappeared, and no one has quite worked out where it went. As an observation, it is a pity that it was not spent on the yard.
I see that Douglas Lumsden has a question.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
My next question is about the contract award that the Government has indicated that the yard will get. You do not have a huge amount of space in the yard, which limits what you can do at any one time. Will the contracts take up all of the five years, or will they take longer, because of the limitations on space and equipment?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
Absolutely. Space is a limiting factor. We hope that you will get this direct award from the Government, but you will not be able to take on any other work while that is being done, will you?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
The area that you would need is currently under water and would need huge investment to make it into a yard, would it not?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
When the Government made its statement the other day, it said that Ferguson’s could not be in a position in which it had to rely on Government contracts and that it also had to have contracts from elsewhere. You are fairly committed to the Government for the five years. Do you fear that, when those vessels are all built, you will come to a bit of a cliff edge, a bit like you did with the Glen Sannox and the Glen Rosa, because you will not have anything else?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
When do you expect the first payment to be made?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
David, when you have been before the committee in the past, we have talked about non-recoverable costs.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
It is just £500,000 a month to cover wage bills, electricity bills, rates bills and all the rest of it. All of that comes to only half a million.
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
Let us imagine that the Glen Rosa was not there and that you did not get the contract. What would the underrecovery be? What is it actually costing?
Net Zero, Energy and Transport Committee [Draft]
Meeting date: 10 March 2026
Edward Mountain
Okay. Those are all the questions that we have.
I will reiterate what Bob Doris said: I, too, want Ferguson Marine to be successful. However, you will excuse me if I am sceptical, because I have heard the same story from Clyde Blowers, Tim Hair, David Tydeman and now Graeme Thomson—the stories are all the same. I do hope that once I am retired—or, I should say, once I am working at home, as I will not be allowed to retire—I will see the Glen Rosa get delivered at the end of this year and the contracts happening, but please excuse me if I remain sceptical.
On that note, I thank our witnesses very much. I briefly suspend the meeting to allow for a changeover of witnesses.
11:10
Meeting suspended.
11:21
On resuming—