Taskforce meets in bid to save Clyde yard

A TASKFORCE led by the Scottish Government was meeting today to try to help find a lifeline for the cash stricken Ferguson Shipbuilder's yard at Port Glasgow.

Loading Comments

Seventy workers were sacked the morning after the last shipyard on the Lower Clyde was put into voluntary liquidation on Thursday night with an empty order book and crippling debts made worse by recent cash flow problems.

Insolvency experts at KPMG who have retained just seven staff are attempting to find a buyer for a yard which was established in 1902 and which in recent years specialised in roll-on/roll-off passenger ferries.

And today Scotland's Finance Secretary John Swinney was to chair the first meeting of a taskforce which has been launched to try to save the historic yard.

Local MSP Stuart McMillan who is Port Glasgow born and bred was due to attend the meeting. He said: "The Fergusons Taskforce is a welcome initiative to try and find a positive outcome from what is clearly a terrible situation.

"I remain optimistic about the future of Ferguson's and I would like to think that ships will once again be built in Inverclyde in the future."

Local government

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Games news:

Putting the world to rights

Gail's Gab

My bike ride into #hopeoverfear rally and Poldark get yer tap aff.




Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.

Janice Bell

Janice Bell

You Couldn't Make This Up

Looking at ourselves through rose-tinted spectacles.

Michelle McManus

Michelle McManus

Columnist Michelle McManus is Sussed in the City, and loves to chat about anything and everything.