FERRY FINANCE

By | 2020 Newsletter week 30 | No Comments

Kleven Shipyard is Saved

Green Yard Group took over the bankrupt Kleven Verft.

The core competence will be preserved and Green Yard Kleven wants also in the future to be one of Norway’s most renowned shipyards.

Green Yard Group has plans to continue the shipyard operations, but at the same time expand the operations to new business areas that can provide a stable supply of work in addition to shipbuilding and maintenance. Green Yard is Norway’s leading player in ship recycling, but wants to continue building ships at Kleven in addition to its other business areas.

There are also new owners for the two companies that were under Kleven Verft:

  • Kleven Maritime Technology continues to be owned by its own employees
  • Kleven Maritime Contracting has been taken over by Langset AS