Shipyard Thrown a Lifeline

A shipyard in crisis has been thrown a lifeline after securing a major ferry contract, according to a report on the Scotsman.com. The Ferguson yard in Port Glasgow in Inverclyde was forced to lay off 100 workers earlier this year when it lost out to a Polish yard for a crucial ferry order for operators Caledonian MacBrayne (CalMac).

CalMac, which is publicly owned, operates the majority of sea crossings to the islands including Gourock-Dunoon, Now rival firm Western Ferries, which also operates from Dunoon to Gourock, has placed a £500,000 order for a roll on/roll off terminal with Ferguson. The new contract will see facilities at McInroy's Point in Gourock upgraded by March 2006 and is the third to be awarded by Western to the yard in as many years.

(Source: Scotsman.com)