§ Mr. LoydenTo ask the Secretary of State for Trade and Industry what indemnification was provided against litigation arising out of the loss of MV Derbyshire; when the indemnity was agreed; and if he will make a statement.
§ Mr. Douglas Hogg[ holding answer 6 July 1990]: Under the terms of an indemnity given at the time of the privatisation of Swan Hunter Shipbuilders in January 1986, British Shipbuilders assumed responsibility for all claims made against Swan Hunter in relation to all vessels delivered prior to the sale of the yard. I do not intend to make a statement at this time.