Ferguson Marine CEO Sacked Amid Ferry Project Delays

The chief executive of the nationalized Scottish shipyard, Ferguson Marine, has been dismissed following further setbacks in delivering two overdue CalMac ferries.

• David Tydeman, CEO of Ferguson Marine, was sacked after warning of additional delays in the CalMac ferry project, with the vessels already six years late and over £250m over budget.
• The Scottish government deemed further delays in ferry delivery as 'unacceptable', leading to Tydeman's contract termination by the Ferguson board.
• Ferguson Marine struggles with leadership changes and financial overruns since its nationalization in 2019, following a tripling of the initial £97m budget for the ferry project.
• Scottish Conservative shadow transport minister criticizes the SNP government for not taking accountability for the mismanagement of Scotland’s ferry network.
• Ferguson Marine appoints John Petticrew as interim chief executive and announces several senior management changes to ensure the shipyard's future.

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