Financial Ports

Scotland’s Last Shipyard Cuts 70 Jobs as Ferries Finally Near Completion

CLAVE 1 / 470 employees face voluntary redundancy at Scotland’s last commercial shipyard on the Clyde.

CLAVE 2 / 4The layoffs represent a quarter of Ferguson Marine’s workforce, as the state-owned yard restructures ahead of new contracts.

CLAVE 3 / 4Two LNG-powered ferries for CalMac, years behind schedule, are now in the final stages of outfitting and sea trials.

CLAVE 4 / 4The Scottish Government has pledged £14.2m ($19m) in capital investment and four new vessel contracts to secure the yard’s future.

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