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10 August 2020 The on-line newspaper devoted to the world of transports 21:03 GMT+2

July 14, 2020

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Norway's Green Yard will save from failure Kleven Verft shipyard

Operations to other areas are expected to be expanded activities

Norway's Green shipbuilding and recycling shipyard Yard to save naval plant from bankruptcy Kleven Verft, who filed for bankruptcy earlier this month ( 3 July 2020). Announcing the providential intervention of the Green Yard, today Kleven Verft specified that Green Yard will acquire Kleven shipyard assets prior to the agreement with the bankruptcy administrator and the banks affected by the failure.

Kleven has specified that Green Yard plans to continue construction and refurbishment shipbuilding operations, but also to expand operations to new areas of business that can ensure stable volumes of work, with the aim of making Green Yard one of the most Norway.

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