NE Scotland, Orkney & Shetland

Buckie Shipyard assets bought from administrators by Macduff Shipyards

Buckie Shipyard
Image caption Buckie Shipyard dates back to 1903

The remaining assets of Buckie Shipyard - which went into administration in August with the loss of 74 jobs - have been bought from the administrators.

Macduff Shipyards has taken on the main building, machinery, and launching ramp.

BBC Scotland understands a number of the workers who lost their jobs at Buckie have been taken on.

John Watt, managing director of Macduff Shipyards, said: "We continue to develop as a business."

Joint administrator Iain Fraser, Aberdeen-based partner with restructuring specialists FRP Advisory, said: "We are delighted Macduff Shipyards has acquired the main assets and is planning to recommence works on this historic site."

The shipyard dates back to 1903.

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