New hope for Clyde yard deal

Unions at Kvaerner’s closure-threatened shipyard on the Clyde are confident that a sale will be concluded within the next 10 days. The yard’s 350 workers are already serving out 90-day notice periods. Two companies have stated an interest in the yard – GEC, which is the unions’ preferred bidder, and a Dutch consortium led by […]

Unions at Kvaerner’s closure-threatened shipyard on the Clyde are confident that a sale will be concluded within the next 10 days.

The yard’s 350 workers are already serving out 90-day notice periods.

Two companies have stated an interest in the yard – GEC, which is the unions’ preferred bidder, and a Dutch consortium led by Jaap Kroese, owner of Swan Hunter on Tyneside. `Talks are going well and are coming to a conclusion,’ said Jamie Webster, union convener at the yard.

GEC representatives visited the yard again this week. Both GEC and the Swan Hunter consortium have signed confidentiality agreements with the Anglo-Norwegian Kvaerner Group, but neither has yet made a formal bid.