Ferguson’s: Hair to step down
Ferguson’s announces, that after two years at the company, Hair will step down as turnaround director. He spent two years as turnaround director. He will be replaced by Tydeman in February. Chairman Alistair Mackenzie:
[It is] the right time to welcome a permanent and longer-term leader…The board and wider team at Ferguson Marine extend our thanks to Tim Hair for his leadership, expertise and commitment over the past two years. It has been challenging, not least because of a global pandemic, but he has implemented a series of important changes, systems and controls and built an experienced and skilled team to strengthen the business and establish a solid footing for growth.
Hair: Shipyard turnaround ‘most challenging in UK’
0 0 Mark Devlin Mark Devlin2022-01-31 16:31:412022-01-31 16:32:35Hair: Shipyard turnaround ‘most challenging in UK’Pandemic shutdowns add £4.3 million costs
An extra £4.3m in costs have been added to the cost of the MV Glen Sannox and it sister ship. The Port Glasgow shipyard had to suspend working for four months during the first lockdown and was closed for another four weeks earlier this year. The shutdowns cost £3.3m and £1m respectively.
Tunaround director, Tim Hair, says the Covid shutdowns were being treated as “exceptional costs”, but the previously-announced remedial work, costing £110m-£114m, remained within budget. Hair said that 80% of design work was now signed-off by regulators and that the latest delivery schedule of April to June 2022 for Glen Sannox, and December 2022 to February 2023 for the second ship, was still achievable. Hair says the yard should be able to take on new work from next spring.
To date, 191 applications have been received for skilled workers, with 40 so far identified as having the relevant skills.