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Ferguson Shipbuilders is expanding its Clyde-based workforce from 80 to 120, and could reach 400 staff if contracts are secured to build two new ferries.
Ferguson Shipbuilders has been bought out of administration by Clyde Blowers Capital, as part of a £60m investment at the Port Glasgow yard that could create up to 300 jobs.
Ferguson Shipbuilders has won a £22m contract to build hybrid-powered ferries at Port Glasgow, with the creation of 100 jobs.
Ferguson Shipbuilders of Glasgow has won a £15m contract from Plymouth City Council to build three replacement ferries for the Torpoint service.