News Archive


14.12.2015

KPMG announces sale of Ferguson Shipbuilders Limited (in administration) and related insolvencies

Blair Nimmo and Tony Friar of KPMG LLP, who were appointed as Joint Administrators of Ferguson Shipbuilders Limited, Newark Joiners Limited and Ferguson-Ailsa Limited (“the Group”) on 14th August 2014, today (10th September 2014) announce the sale of the group’s business and its assets to Clyde Blowers Capital. Blair Nimmo, Joint Administrator and Head of Restructuring at KPMG in Scotland, said: “It is extremely pleasing to secure the sale of Ferguson Shipbuilders in such a short timeframe and to buyers who can see the potential in the business and its skilled workforce. “We would like to thank those employees, and all parties with an interest in Ferguson...  Read More


14.12.2015

Third hybrid ferry launches on the Clyde

A cutting edge ferry, which is the third of three unique ‘hybrid’ vessels, was launched on the Clyde at Ferguson Marine Engineering Ltd’s (FMEL) shipyard in Port Glasgow.  The hybrid ferry, named MV CATRIONA, is one of only three sea-going passenger and vehicle roll-on, roll-off ferries in the world to incorporate a low-carbon hybrid system of traditional diesel power and electric lithium-ion battery power. The innovative vessel was launched by Mrs. Anna Østergaard, wife of Caledonian Maritime Assets Ltd (CMAL) Chairman, Erik Østergaard.  MV CATRIONA is nearly 150ft long, accommodating 150 passengers, 23 cars or two HGVs and is owned by Caledonian Maritime Assets...  Read More


08.12.2015

CMAL announces Scottish shipbuilder as preferred tenderer for two large ferries contract

Caledonian Maritime Assets Limited (CMAL) has announced Ferguson Marine Engineering Ltd (FMEL), Port Glasgow, Scotland is the preferred tenderer for the £97million contract to build two large dual fuel ferries for the Clyde and Hebrides Ferry Service (CHFS). The contract once finally negotiated and entered into, will provide a boost for commercial shipbuilding on the Clyde and follows the shipyard’s successful build of the world’s first two sea-going passenger and vehicle roll-on roll-off ferries to incorporate a low-carbon hybrid system of diesel electric and battery power. The third hybrid ferry is scheduled to launch in December 2015. The contracts, when signed between CMAL and FMEL,...  Read More


Further Information

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