Norway’s Kleven Returns to Shipbuilding Four Years After Bankruptcy

Norway’s Kleven shipyard (now known as Green Yard Kleven) reports it is returning to shipbuilding four years after its bankruptcy and sale to Green Yard, a Norwegian company focused on ship recycling, modifications, and lay-ups for ships and rigs. The company, which had a long history in shipbuilding including innovative offshore vessels, has been carrying out mostly retrofits since its bankruptcy in 2020 which came months after its sale to DIV Group, the owner of Croatian shipyard Brodosplit.