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05 April 2020 The on-line newspaper devoted to the world of transports 13:54 GMT+2

December 20, 2018

Shipbuilder awarded contract for CalMac ferries reports £60m losses
Ferguson Marine has blamed the financial difficulties on 'interference and disruption' by state-owned Caledonian Maritime Assets Ltd.

A shipbuilding firm with the contract for two delayed CalMac ferries said it expects to lose £39.5 million on the deal.
Ferguson Marine made a loss of £60.1 million in 2016, according to its accounts which were filed more than a year late.
The Inverclyde firm blamed the losses on “interference and disruption” from the Scottish Government's ferry company Caledonian Maritime Assets Ltd (CMAL), and said it wants to renegotiate its £45 million Government loan ......
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