{"id":2544,"date":"2026-08-18T08:44:16","date_gmt":"2026-08-18T08:44:16","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=2544"},"modified":"2026-08-18T08:44:16","modified_gmt":"2026-08-18T08:44:16","slug":"ferguson-marine-cuts-70-jobs-ahead-of-new-contracts-daily-business","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=2544","title":{"rendered":"Ferguson Marine cuts 70 jobs ahead of new contracts \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"535\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa.png\" alt=\"Launch of Glen Rosa\" class=\"wp-image-164369 lazyload\" style=\"aspect-ratio:1.4841399111062032;width:840px;height:auto\"\/><img loading=\"lazy\" decoding=\"async\" width=\"794\" height=\"535\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa.png\" alt=\"Launch of Glen Rosa\" class=\"wp-image-164369\" style=\"aspect-ratio:1.4841399111062032;width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa-300x202.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa-768x517.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/04\/Launch-of-Glen-Rosa-600x404.png 600w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Work on the Glen Rosa is nearing completion<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ferguson Marine is seeking 70 voluntary redundancies as work winds down on the ferries contract.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Outfitting and commissioning phases of MV Glen Rosa are nearing completion ahead of delivery in the final quarter of the year.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Port Glasgow yard says the programme will ensure the business remains competitive, efficient, and financially sustainable.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">It is due to start work on four vessls diretly awarded in March by the Scottish Government. This comprises two ferries for Caledonian Maritime Assets Limited (CMAL) under the Small Vessel Replacement Programme and a Marine Protection Vessel (MPV), a Marine Research Vessel (MRV). <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Due diligence on this direct award is currently underway, with today\u2019s proposed changes designed to address the size of the business and align skills across the yard.\u00a0<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Graeme Thomson, CEO of Ferguson Marine, said: \u201cOur immediate focus remains the safe, high-quality handover of Glen Rosa in Q4 2026. However, as the vessel nears completion, we face an inevitable gap in workload while we work with the Scottish Government to make the relevant preparations to enable us to proceed with contract negotiations.\u00a0<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cShipbuilding capability relies on continuity and while changes of this nature are difficult, taking proactive action now ensures we protect the long-term viability of the yard and remain lean, modern, and ready to cut steel on the new fleet as quickly as possible.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cWe take our responsibility to our workforce and community incredibly seriously. By offering a voluntary redundancy path, we want to support team members who have given so much to shipbuilding on the Clyde as they consider their next steps. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cAt the same time, we are doing everything in our power to ensure the yard is structured to offer secure, long-term careers once the new build programme gets underway.\u201d<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ferguson Marine confirmed that the consultation process will have no impact on the remaining work or delivery schedule for MV Glen Rosa. A phased transition plan is in place to maintain strict quality and safety standards across all active projects.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Economy Secretary Stephen Flynn said: \u201cThe voluntary redundancies scheme announced by Ferguson Marine today is part of efforts to modernise the shipyard and put it on a more competitive footing.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cThe action that the leadership team at Ferguson Marine is taking today is necessary to help secure a viable future for the yard, and that of commercial shipbuilding on the Clyde. This is alongside their efforts to upskill workers, bid for new contracts and opportunities with partners.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cI am assured that a reduced workforce will not impact the build of the MV Glen Rosa, which is on track to be delivered in quarter four 2026. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cOur intention to directly award four vessels continues to undergo full due diligence further to next steps which will be announced to Parliament in due course.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><strong><em><strong>Daily Business Bulletin<\/strong>:\u00a0Subscribe here for our free morning bulletin of breaking news<\/em><\/strong><\/p>\n<p><!-- Simple Share Buttons Adder (8.6.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Ferguson #Marine #cuts #jobs #ahead #contracts #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Work on the Glen Rosa is neari&hellip; <\/p>\n","protected":false},"author":1,"featured_media":2545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1016,269,4896,1114,271,4894,4892,4893,537,4895],"class_list":["post-2544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-ahead","tag-business","tag-contracts","tag-cuts","tag-daily","tag-ferguson","tag-ferguson-marine","tag-ferguson-marine-redundancies","tag-jobs","tag-marine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - 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