Meeting of the Parliament 03 March 2026 [Draft]
That allows me to specifically name Alex Logan and put on the record how grateful I am to him for his absolutely tireless and unwavering commitment to the yard. I am sure that he could have spent any free time that he had in other ways, yet his dedication to the people of the yard and to the future of Ferguson Marine is absolutely remarkable. If nothing else, this Parliament should come together in acknowledging the phenomenal work that Alex Logan has done. It has always been a great pleasure to engage with him, and I have learned so much from my engagement with him.
On the question about additional capital funding, I said in my answer to Edward Mountain that, to date, we have focused on stabilisation, essential repairs, health and safety improvements and targeted equipment upgrades. However, securing this additional pipeline of work enables us to release the additional capital, because it is aligned with projects. We obviously have to navigate our way through the due diligence process associated with subsidy control, but it enables us to release the additional capital.