Motion S5M-12957: Ferguson Maine and first Hydrogen Ferry

26 Jun 2018

That the Parliament welcomes the news that Ferguson Marine Engineering will be building the world’s first hydrogen sea-going car and passenger ferry as part of the European consortium, HySeas III; understands that Ferguson Marine Engineering jointly led the consortium alongside the University of St Andrews in a successful bid for funding from the Horizon 2020 research and innovation programme, which is the EU’s largest research fund, and that it will cost around €12.6 million; notes that a test will be carried out before HySeas III aims to launch the first hydrogen ferry in 2021; believes that this project represents another way in which Scotland is leading the world in renewable energy technology, and hopes that such ferries will provide an environmentally friendly and efficient service for the people of Orkney and beyond.

Weekly round-up – Transport and Parkhead

22 Jun 2018

Motion S5M-12883: Clydesdale Bank Closures

20 Jun 2018

That the Parliament deplores the news that branches of Clydesdale Bank are to disappear from high streets across Scotland, with 1,500 jobs at risk, following its merger with Virgin Money; understands that Clydesdale Bank was founded in 1838 in Glasgow, with James Lunden, a future Lord Provost, being one of the founding members; notes that, as part of this merger, CYBG, the owner of Virgin Money and Clydesdale Bank, intends to phase out the Clydesdale name, instead operating the banks under the Virgin banner; believes that the loss of the Clydesdale Bank name and the possible job losses represent a cause for concern, and calls on CYBG to protect jobs and look again before casting aside the history of the Clydesdale name.

Motion S5M-12848: Stream Technologies and a Fear of Heights

20 Jun 2018

That the Parliament notes the acquisition of the Glasgow-based Stream Technologies by the global software design company, Arm Holdings; accepts that there might sometimes be valid reasons for Scotland’s companies being sold off; understands however that, while the country has been very successful at starting up businesses, it has been less successful at growing them to a larger size because of what is sometimes called a “fear of heights”, which is a concern that a company might become too large; considers that having company headquarters functions in Scotland is extremely important for the economy, as this can be associated with high-quality jobs, and hopes that more of Scotland’s companies will grow larger without having to be sold off.