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United Kingdom · Report · Written statement

UIN HCWS503

Shipbuilding Credit Guarantee Scheme

publishedUnited Kingdom· UK Parliament· EN

Introduced

24 May 2024

Last action

24 May 2024 · Written statement

Status

Commons

Sponsors

—

Subjects

Discovery layer

Source updated

24 May 2024

Summary

The Shipbuilding Credit Guarantee Scheme (SCGS) is a finance instrument that provides guarantees to banks in respect of loans made to vessel owners and operators seeking to place orders at UK shipyards. The scheme was launched in July 2023 and the Departm...

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Timeline

  1. 24 May 2024

    Written statement

    The Shipbuilding Credit Guarantee Scheme (SCGS) is a finance instrument that provides guarantees to banks in respect of loans made to vessel owners and operators seeking to place orders at UK shipyards. The scheme was launched in July 2023 and the Departm...

    Source: Commons

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