Norway's Kleven Verft shipyard files for bankruptcy

   July 4, 2020 ,   Cruise Industry

The Norwegian Kleven Verft shipyard bought in January 2020 by DIV Group Croatia) filed for bankruptcy.

This was announced by DIV Group's Chairman and CEO - Tomislav Debeljak, who is also President of Brodosplit Shipyard (Split Croatia).

The Ulsteinvik Norway-based Kleven Verft, first ran into financial difficulties in 2017 and later was acquired by Hurtigruten Norway, which in turn sold it to DIV Group in January 2020.

Port of Ulsteinvik (Hareidlandet Island, Norway)

According to Debeljak, the instance included the subsidiaries Kleven Maritime Contracting and Kleven Maritime Technology decision "to initiate the process for the declaration of bankruptcy was taken as a result of the freezing of Kleven’s bank accounts implemented by the company’s creditors."

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