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Parliamentary debates and questions

S5W-22383: Colin Smyth (South Scotland)

Scottish Labour

Date lodged: 27 March 2019

To ask the Scottish Government how much it will cost Caledonian Maritime Assets Limited to purchase the MV (a) Helliar and (b) Hildasay.

Answered by: Paul Wheelhouse 4 April 2019

Caledonian Maritime Assets Limited, on behalf of the Scottish Government, negotiated the terms for the purchase of the MV Helliar and MV Hildasay with the vessels owners, Fortress. The purchase of these freighters was concluded on 25 March 2019.

The terms for purchasing the MV Helliar and MV Hildasay are commercially sensitive and release of this information would be in breach of the confidentiality agreement with Fortress. However, we believe this transaction represents good value for the taxpayer and will deliver significant ongoing operational savings.