Recent Reports
Aithisgean ùra
Committee Reports
Aithisgean Chomataidh
Research Briefings
Brathan-ullachaidh Rannsachadh
Feedback
Ais-eòlas
Recent Reports
Aithisgean ùra
Committee Reports
Aithisgean Chomataidh
Research Briefings
Brathan-ullachaidh Rannsachadh
Feedback
Ais-eòlas
Published by The Scottish Parliamentary Corporate Body
The 2023/24 audit of Ferguson Marine (Port Glasgow) Holdings Limited
SHARE
PDF
Published: Friday 04 Jul 2025 (PAS062025R03)
Expand
Report
Hide
Hide
Report
Membership changes
Introduction
Background
Committee Visit to Ferguson Marine
Role of the senior management team
FMPG's long term financial sustainability
Financial monitoring arrangements for completion of the MV Glen Sannox and MV Glen Rosa
Changes to senior management and board management
Risk management, control and governance arrangements
Contractor payments and reporting to the board
FMPG's revised framework agreement and relationship with the Scottish Government sponsor team
Public sector pay policy
Exit packages
Conclusion
Annexe - Extracts of minutes
Membership changes
Introduction
Background
Committee Visit to Ferguson Marine
Role of the senior management team
FMPG's long term financial sustainability
Financial monitoring arrangements for completion of the MV Glen Sannox and MV Glen Rosa
Changes to senior management and board management
Risk management, control and governance arrangements
Contractor payments and reporting to the board
FMPG's revised framework agreement and relationship with the Scottish Government sponsor team
Conclusion
Annexe - Extracts of minutes
Sources
prev
next
The Auditor General for Scotland. (2024, December 17). The 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited. Retrieved from
audit.scot/uploads/2024-12/s22_241217_ferguson_marine_port_holdings_limited.pdf
The Scottish Government. (2024, October). Framework Agreement Ferguson Marine Group Companies and Scottish Government, October 2024. Retrieved from
www.gov.scot/binaries/content/documents/govscot/publications/agreement/2024/10/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/documents/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/govscot%3Adocument/framework-agreement-ferguson-marine-group-companies-scottish-government-2024.pdf
The Auditor General for Scotland. (2025, January 31). Correspondence to the Convener from Stephen Boyle, the Auditor General for Scotland. Retrieved from
www.parliament.scot/-/media/files/committees/public-audit-committee/correspondence/2025/fmpg-follow-up-ags-to-pac-31-jan-2025.pdf
The Scottish Parliament. (2025, January 16). Official Report. Retrieved from
www.parliament.scot/api/sitecore/CustomMedia/OfficialReport?meetingId=16208
Scottish Government. (2024, December 4). The Scottish Budget 2025 to 2026. Retrieved from
https://www.gov.scot/publications/scottish-budget-2025-2026/
The Scottish Government. (2024, December 18). Correspondence from Gregor Irwin, Director-General Economy to the Convener. Retrieved from
www.parliament.scot/-/media/files/committees/public-audit-committee/correspondence/2024/written-authority-dg-economy-to-pac-19-dec-2024.pdf
Public Finance and Accountability Act (Scotland) 2000. (2000). Retrieved from
https://www.legislation.gov.uk/asp/2000/1/contents
The Scottish Government. (2025, March 31). Scottish Public Finance Manual: delegated authority. Retrieved from
https://www.gov.scot/publications/scottish-public-finance-manual/delegated-authority/delegated-authority/
The Scottish Parliament. (2025, February 5). Official Report. Retrieved from
www.parliament.scot/api/sitecore/CustomMedia/OfficialReport?meetingId=16251
Cammel Laird. (2025, May 8). Western Ferries (Clyde) Limited Signs Contract for Two New Vehicle and Passenger Vessels for its Gourock to Dunoon Route with APCL Cammell Laird. Retrieved from
https://www.cammell-laird.co.uk/news/western-ferries-clyde-limited-signs-contract-for-two-new-vehicle-and-passenger-vessels-for-its-gourock-to-dunoon-route-with-apcl-cammell-laird
Caledonian Maritime Assets Limited (CMAL). (2025, March 28). SVRP: Contract Signed for Small Vessels. Retrieved from
https://www.cmassets.co.uk/svrp-contract-signed-for-small-vessels/
Ferguson Marine (Port Glasgow) Limited. (2025, May 13). Correspondence from Graeme Thomson, Chief Executive Officer to the Convener of the Net Zero, Energy and Transport Committee. Retrieved from
https://www.parliament.scot/chamber-and-committees/committees/current-and-previous-committees/session-6-net-zero-energy-and-transport-committee/correspondence/2025/update-on-delivery-timeline-and-costs-for-mv-glen-rosa
[accessed 3 July 2025]
The Scottish Government . (2025, May 13). Correspondence to the Net Zero, Energy and Transport Committee. Retrieved from
https://www.parliament.scot/-/media/files/committees/net-zero-energy-and-transport-committee/correspondence/2025/may-2025/letter-from-dfmcabseceg-responding-to-fmpg-letter-13-may-2025.pdf
The Scottish Parliament. (2025, May 21). Official Report. Retrieved from
www.parliament.scot/api/sitecore/CustomMedia/OfficialReport?meetingId=16449
The Scottish Government. (2024, October). Framework Agreement Ferguson Marine Group Companies and the Scottish Government, 2024. Retrieved from
www.gov.scot/binaries/content/documents/govscot/publications/agreement/2024/10/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/documents/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/framework-agreement-ferguson-marine-group-companies-scottish-government-2024/govscot%3Adocument/framework-agreement-ferguson-marine-group-companies-scottish-government-2024.pdf
David Tydeman, former Chief Executive. (2025, January 30). Written submission. Retrieved from
www.parliament.scot/-/media/files/committees/public-audit-committee/correspondence/2025/fmpg-written-submission-david-tydeman-former-ceo-fmpg-to-pac-30-jan-2025.pdf
Last Updated: 26/7 1:40am
An error occured while loading, please try again in a few minutes.
Refresh
BACK TO TOP