Jim McColl
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 72 |
| Date of birth | December 22,1951 |
| Zodiac sign | Capricorn |
| Born | Carmunnock |
| Glasgow | |
| United Kingdom | |
| Net worth | £1 billion, (US$1. 4 billion) or more |
| Residence | Monaco |
| Known for | Clyde Blowers Capital |
| Education | Rutherglen |
| Strathclyde University | |
| University of Strathclyde | |
| Stonelaw High School | |
| Strathclyde Business School | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 810783 |
Jim McColl Life story
James Allan McColl OBE is a Scottish businessman who is the Chairman and Chief Executive Officer of Clyde Blowers. He is a member of the Council of Economic Advisors. In 2007, he was placed tenth on the Sunday Times Rich List in Scotland.
New documents spark fresh concerns over Ferguson's ferry contract
... Separately, owner Jim Mccoll says he was offered advice to ensure his firm was " well positioned"...
£87,000 bonus for Ferguson bosses branded 'unacceptable'
... Many of them still bought into owner Jim Mccoll s dream of a Clyde shipbuilding revival - but they were persuaded it was the best chance of saving their jobs...
Leaked dossier suggests Scottish ferry deal may have been rigged
... The BBC documentary, however, uncovered evidence of a number of irregularities: The Port Glasgow shipyard fell into administration in August 2014, but was bought a week before the independence referendum by Jim Mccoll, a businessman who sat on First Minister Alex Salmond s council of economic advisers...
The workers who saw Scotland's ferries saga unfold
... A week later the future looked brighter as Alex took an early morning phone call from Jim Mccoll...
Ferguson shipyard nationalised by Scottish government
... The deal means the yard will no longer be owned by industrialist Jim Mccoll, who could not persuade ministers to pay more than the £97m contract price for the disputed ferries...
Clyde shipyard Ferguson set to go into administration
... The yard s parent company, Clyde Blowers Capital (CBC), is controlled by industrial tycoon Jim Mccoll...
Clyde shipyard Ferguson set to go into administration
Two CalMac ferries have been at the centre of a long-running dispute
The Firm behind the Ferguson shipyard in Port Glasgow has begun The Process of going into administration.
Ferguson Marine Engineering directors have served notice of their intent to go into administration and to do so by the end of next week.
The Business has been involved in a long-running dispute with the Scottish government over the construction of two ferries for CalMac.
Ministers said they were committed to securing The Future of The Yard .
They want to see the vessels Under Construction completed, and the jobs of The Yard 's 350 staff safeguarded.
Ferguson Marine's chief executive Gerry Marshall said in a statement: "It is with great regret and disappointment that The Directors of Ferguson Marine Engineering Limited have served notice to appoint an administrator to The Company .
"This decision has not been taken lightly, but The Directors do not consider there to be any other options in the current circumstances.
"However, The Directors will continue to support the shareholder and the Scottish government to realise a positive outcome for The Business and its employees. "
The Glen Sannox has been awaiting completion at The Yard since its launchThe ferry order which appears to have triggered the shipbuilder's difficulties is being procured through a public-sector agency CMAL.
The Yard 's parent company, Clyde Blowers Capital (CBC), is controlled by industrial tycoon Jim Mccoll .
CBC tabled a proposal last month for the Scottish government to take a share of ownership. The government.
In a statement, CBC added: "We understand that this decision has not been taken lightly and is fundamentally due to CMAL and the Scottish government's inability to find a resolution to the additional costs encountered during the build of the two prototype LNG dual-fuelled ferries.
"As shareholder we have provided A Number of viable proposals to avoid The Process of administration and save the jobs of 350 employees, however CMAL and the Scottish government have consistently refused to participate in productive discussions, leaving The Directors of Ferguson Marine Engineering Limited with No Other options given the circumstances they are faced with. "
Launching into uncharted waters
Like a ship at its launch, gathering momentum as it descends the slipway, there's not much that can stop Ferguson Marine Engineering Ltd from plunging into the uncertain waters of government ownership.
Happily, it is unlike yards on the narrower upper Clyde in that launches do not carry The Risk of getting a severe dunt on The Opposite bank. But there's a lot about these waters that is uncharted.
Read more from.
The £97m ferries contract is behind schedule and considerably over budget, and The Company 's finances are precarious.
There have been suggestions the government could use a clause in the £45m of loan agreements between it and Ferguson Marine Engineering Limited (FMEL), through which it could take over The Yard for Only £1.
Hybrid powerThe two ships being built for CalMac, the Scottish government-owned ferry company, have caused particular difficulties because of their innovative hybrid power systems, using diesel and liquefied natural gas.
Following the news of possible administration for The Business , First Minister Nicola Sturgeon said the government was determined to protect jobs and secure The Future of The Yard .
A Scottish government spokeswoman added: "Our priority remains to ensure the completion of the vessels Under Construction , secure jobs for the workforce and protect The Future of shipbuilding at The Site .
"We have been working to secure a future for the shipyard for two years, and it is disappointing that we have not been able to reach a commercial solution with CBC that would have prevented administrators becoming involved.
"We appreciate that this will be a concerning time for the workforce, their families and The Local community, and we would like to reassure them that we are committed to maintaining the jobs on The Site and building a secure future for The Yard and its workforce.
"We have been working closely with trades unions representatives throughout this process, and we will continue to do so in the coming days and weeks. "
port glasgow, calmac, shipbuilding, scottish government
Source of news: bbc.com
Jim McColl Photos
