The jobs boost marks the start of Scottish Apprenticeship Week 2016 next week which begins on Monday (29 Feb).
The announcement was made by Roseanna Cunningham, cabinet secretary for fair work, who praised Ferguson’s investment in the Clyde.
Cunningham said: “This announcement of 150 new apprentices at the Fergusons shipyard on the Clyde is great news not only for Ferguson Marine, and the young people that will benefit, but also for Scotland as a whole.
“The announcement kicks off a week-long of events and engagements that will showcase the positive impact apprenticeships have on businesses and industry, and the value they bring to employers and to their job prospects.
“Modern Apprentices are key to delivering economic development and essential in providing our young people with opportunities to develop skills and gain employment.”
Ferguson Marine managing director, Liam Campbell, added: “Apprenticeships are extremely important to us and our business, forming the backbone of our future growth.
“At Ferguson Marine Engineering ltd, we promote an environment that encourages all individuals to develop a firm ‘can do’ attitude. We encourage growth of all employees through innovation and learning.
“We are a company experiencing rapid growth and change that will ensure our position as a leading European fabricator in offshore, subsea, renewables and shipbuilding.”
Ferguson Marine, which was taken over by Clyde Blowers Capital in 2014, now has around £110m worth of orders and has already secured 150 jobs at the site.