Hurtigruten takes over Kleven Verft shipyard

Kleven shipyardKleven shipyard in Ulsteinvik i Møre and Romsdal. Photo: Halvard Alvik / NTB scanpix

Kleven Verft in Ulsteinvik has secured long-term financing after Hurtigruten company KVE Holding takes over the shipyard.

 

According to Sunnmørsposten newspaper, the family-owned shipyard will receive NOK 600 million in new capital.

The yard has been heavily worn down in recent years, and lately it has been working on new financing.

“This is a very good solution that gives us the opportunity to focus on building some of the world’s most advanced ships and rigging for the future. This ensures the workplaces of what is a cornerstone company in Ulsteinvik and a very important part of the maritime industry at Sunnmøre,’’ said CEO Karsten Sævik of Kleven.

Kleven Verft AS in Ulsteinvik is one of the largest shipyards in Møre and Romsdal. In 2017, Hurtigruten entered the ownership side of the company, which has been previously controlled by the Kleven family.

“As a responsible owner and customer, it is important for us to find good, and not least long-term solutions. We see a big potential in Kleven,’’ said Daniel Skjeldam, CEO of Hurtigruten, in a press release.

The yard in Ulsteinvik is taken over by Hurtigruten, while the yard in Myklebust is retained by today’s owners.

 

© NTB scanpix / #Norway Today

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