Question reference: S6W-08429
- Asked by: Donald Cameron, MSP for Highlands and Islands, Scottish Conservative and Unionist Party
- Date lodged: 10 May 2022
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Current status: Answered by Jenny Gilruth on 23 May 2022
Question
To ask the Scottish Government what (a) financial and (b) delivery guarantees, if any, Caledonian Maritime Assets Ltd obtained from the Cemre Marin Endustri shipyard in relation to the two proposed vessels for Islay.
Answer
Cemre Marin Endustri shipyard has provided full refund guarantees for the two new Islay vessels and these have been lodged with CMAL’s nominated bank. The refund guarantees cover the full amount payable prior to the delivery of each vessel at which point CMAL pay the final 20% and take possession of the vessel. The Contract has defined delivery dates set for both vessels in November 2024 and February 2025.