Episode Details

Ferguson Marine, the beleaguered Scottish shipyard behind two massively over-budget and delayed ferries, has appointed Mark Preston as its new non-executive director. With a track record in scaling marine businesses and guiding companies to successful stock listings, Preston brings vital commercial and international expertise to help turn things around. The MV Glen Sannox, finally in service, contrasts sharply with the still-under-construction MV Glen Rosa — both now costing over five times their original price and lagging nearly a decade behind schedule. As the shipyard, taken into public ownership in 2019, seeks to rebuild its reputation and secure future contracts, Preston’s mission is clear: leverage Scotland’s skilled workforce and shipbuilding heritage to deliver current projects, win new business, and ensure long-term viability for the industry.

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