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As the shipyard ferry fiasco in Scotland continues, ministers in Edinburgh have come under fire as new estimates suggest the cost of the dual-fuel powered newbuilds could reach £400m.

The figure for the CalMac ferries, does not include the millions pumped into the nationalised shipyard Ferguson Marine to keep it operating, amounts to over four times the £97m contract cost for the two lifeline ferries to serve on Arran on the Forth of Clyde.

Both newbuilds, Glen Sannox and the recently named twin, Glen Rosa following a public vote, still await delivery at the Inverclyde shipyard, downriver of Glasgow.

Chief executive of Ferguson Marine, David Tydeman indicated that it will cost an extra £240 million to build the ferries on top of what was previously spent before the nationalisation of the shipyard took place in 2019.

As The Herald, which more on the story, reports that £83.25 million was spent on the ferries prior to the Scottish Government taking control of the shipyard firm with an additional £45 million on loan.

Published in Shipyards

About MGM Boats

MGM Boats is one of Ireland's leading boat brokers now operating internationally as well as throughout Ireland. MGM Boats was founded in 1997 by brothers Martin and Gerry Salmon who were previously worked as a carpenter, joiner and glass fibre laminator in the 1980s. Martin progressed to boat retailing in the late 1980s and Gerry was a service manager in the 1990s. From these many years of experience, MGM Boats was founded in 1997. It started out as a service, maintenance and repairs company based in Malahide, Co. Dublin.

The company grew in 1998 when the Aquador dealership was acquired. Starting as they meant to go on, in 2001 MGM became distributors for Jeanneau Motorboats and Yachts and also opened its second office in Belfast. MGM had begun to create what would be an international and acclaimed brokerage company.

In 2003, MGM Boats moved to Dun Laoghaire Harbour, Co. Dublin. The large office space and yard expanded the service department and paved the way for MGM to acquire the dealership for Sunseeker in Ireland in 2003.

From then, MGM built up its brokerage listings and in 2009 it opened its office in Hamble, UK. This has led to many years of MGM being present at all major UK boat shows, and each year growing their presence and listings.

The success of MGM's brokerage listings spread internationally, leading in 2012 to 2 new offices being opened in the Mediterranean - in Villamoura, Portugal and Mallorca, Spain. The now international brand and team throughout these years received many awards for their enterprising spirit, customer service and international presence, including winning Sunseeker Distributor of the Year in 2007, 2009 and 2011.

This also led to a new Irish office being opened in Kinsale, Co. Cork increasing their presence within Ireland as well as abroad.

At A Glance – MGM Boats Agencies

MGM Boats are Irish agents for the following yacht and motorboat manufacturers

  • Jeanneau sail
  • Jeanneau power
  • Prestige
  • Lagoon catamarans
  • Aquador
  • Bayliner
  • Zodiac

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