From The Scotsman.com:
Ferguson closure another nail in the coffin for the ClydeFor the rest of the story, go to http://business.scotsman.com/index.cfm?id=344592007
Ferguson closure another nail in the coffin for the Clyde
quote:
COLIN DONALD
BUSINESS CORRESPONDENT ([email protected])
WITH the announcement of the closure of one of the last remaining Clyde shipyards - with the loss of 75 jobs - expected today, one of Europe's leading maritime transport experts has blamed the decline of the Clyde shipyards on "unenlightened and uncompetitive" government policy and "lack of a proper maritime strategy".
Dr Alf Baird, head of the maritime research group at Napier University in Edinburgh, said that the fate of Ferguson Shipbuilders was made inevitable by its "lack of proven designs of its own" and "weak purchasing power" after the failure of family-owned shipyards to consolidate to achieve economies of scale, or to forge partnerships with international market leaders.