• 2020 January 23 11:48

    Croatian DIV Group in process to take-over Kleven Verft

    The Croatian industrial group DIV Group has entered into an agreement to take-over the Norwegian yard Kleven Verft from Hurtigruten, the company said in its release.

    The transaction is subject to final documentation process which is expected to be finalized during the next few weeks. DIV Group is one of the largest industrial groups in Croatia, and owns among others the largest shipyard in Croatia, Brodosplit.

    - I am incredibly happy on behalf of all employees in Kleven that we now are about to get a new and solid owner of the yard. We have through a difficult period managed to deliver fantastic ships, and at the same time kept the high competence at the yard. Together with the new owners we will plan long-term and develop further. This will be a new and exciting era for all Kleven employees, says CEO Kjetil Bollestad.

    - We are very pleased to have signed this agreement which provides an opportunity to connect two long and successful shipbuilding traditions. Kleven is recognized throughout the world as a Norwegian shipyard with top-notch references and construction knowledge, especially in equipping complex ships. I am most satisfied that Brodosplit, which we managed to position extremely well in the segment of construction of medium and polar cruisers, has found a business partner with whom it will achieve top results. Currently, Brodosplit is one of the most efficient shipyards in the world in terms of design and construction quality, velocity and construction technology. The ships we build are a visible and globally recognizable product, however we wanted more, and that is why we are thrilled to have connected Kleven and Brodosplit. This connection will create a positive synergy effect in all segments of our business, including contracting and financing the construction of new ships, as well as design, construction of hulls, and especially equipping future new buildings. Due to this this positive synergy, I also expect lower construction costs and significantly lower costs of financing new projects. The total savings that could amount up to 5 percent will allow us not only greater profitability, but also competitiveness when contracting and building complex and sophisticated mid-size ships. In this segment, with this coupling we have a great chance to be truly the best on the market. Together we will do everything to achieve this, said Tomislav Debeljak, owner and CEO of the DIV Group.

    The CFO of Kleven Verft, Ola Beinnes Fosse, explains here the reason for the agreement with the DIV Group, as well as what Kleven has emphasized in the assessment of new ownership:

    - For both Kleven and the DIV Group, this is a great opportunity to build on the expertise that exists of both organizations, and to take a position in a growing market, says Fosse.

    1: Kleven and DIV Group have complementary skills, which together facilitate the ambition to become a world-leading and profitable shipyard.
    2. They have a balance and equity that makes it possible to finance the construction of new ships.
    3. They come up with new projects immediately andbrings us capital to allow us to retain the unique expertise that has been built up over the past few years.

    In addition to several special vessels, Kleven Verft has in the past year delivered the world's first two hybrid-powered cruise ships - MS Roald Amundsen and MS Fridtjof Nansen - to Hurtigruten.





2020 February 27

16:51 Zelenodolsk Shipyard named after A.M. Gorky laid down passenger ship Chaika LNG
16:35 Vale clarifies incident with contracted vessel
16:04 NYK Cruises to cancel cruises due to coronavirus
15:30 Average physical depreciation of Rosmorport’s berthing facilities is 24%
15:07 National Association of Shipping Agencies addresses FAS over plans on multiple increase of port dues in Russia
14:56 Arbitration award related to purchase options for four VLCCs on charter to Okeanis ECO Tankers
14:43 ASCO strengthened preventive measures against coronavirus
14:19 ASCO takes necessary precautionary measures to prevent environmental damage
13:55 Rotterdam to host ACI’s 24th Ballast Water Management Conference on 7-8 April 2020
13:53 Ørsted signs 20-year lease with Port of Taichung for Greater Changhua offshore wind farms
13:34 Vysotsk VTS obtains Certificate of Conformity
13:12 Xeneta container rates alert: long-term contracted rates hold despite Coronavirus chaos
12:56 Certificate of Conformity obtained for Ust-Luga VTS
12:33 Finnlines published its 2019 Financial Statements and Financial Review
12:10 A.P. Moller - Maersk links new $5.0bn revolving credit facility to its CO2 performance
11:52 Port of Gdynia seeks opportunities for further development
11:28 Rosmorport’s Murmansk Branch performed pilotage of Capesize vessel
11:04 Rosmorport to complete dredging under NOVATEK’s project in Petropavlovsk-Kamchatsky by April 2021
10:41 3rd Technical Conference "Modern Solutions for Hydraulic Engineering" kicks off in Moscow
10:35 Ships of RF Navy’s Baltic Fleet continue performing planned training as part of its long-distance campaign
10:16 Port of Oakland debt ratings affirmed by Fitch
10:13 Brent Crude futures price is down 1.52% to $51.99, Light Sweet Crude – fell to 1.54% to $47.98
09:56 Hydrographic Department to dredge about 20 million cbm of material on Sabetta’s seaway canal in 2020
09:34 Marine Recruiting Agency LLC trained 1,957 specialists in 2019, up 2.6% YoY
09:32 MABUX: Bunker market this morning, Feb 27
09:15 Baltic Dry Index is up to 517 points

2020 February 26

18:37 Royal IHC to supply integrated power cablelay spread
18:01 Chartwell Marine announces sponsorship agreement with Alan Roberts Racing in the lead up to the 2020 racing season
17:29 Keppel delivers world’s fastest brownfield FPSO modification project
17:26 Busan Port Authority and Samsung SDS signed a contract to operate a logistics center in Rotterdam, Netherlands
17:00 Smart Maritime Council announces support for shipboard machinery data standard
16:23 Damen DOP ensures new approach to dredging – expert opinion
16:00 FSUE Rosmorport to dredge 18.4 million cbm of material in 2020
15:36 Yamal LNG reaches thirty million tons milestone
15:12 MHI-MME receives retractable fin stabilizer orders for two luxury expedition vessels being built by Helsinki Shipyard
14:55 Contract signed for extension of Świnoujście LNG Terminal
14:34 Rosmorrechflot to have 20 dredgers built at Lotos shipyard by 2030
14:12 Kongsberg Maritime wins 300 MNOK contract to equip four new cruise vessels
13:55 EU NAVFOR Somalia supports Djiboutian Coast Guard
13:33 Belarusian-Latvian cooperation in multimodal cargo transportation via Latvian ports discussed in Riga
13:10 Global Offshore announces new addition to its cable installation fleet
12:51 Rosmorport announces tender for dredging on access canal of Temryuk port
12:28 PortNews Media Group and Shipbuilding Cluster of Arkhangelsk Region sign agreement on cooperation
12:10 Contship Italia confirms operational continuity at Group's maritime and intermodal terminals amidst SARS-CoV-2 outbreak
12:07 Milaha reports a 6% increase in net profit for full year 2019
11:29 BIMCO, ICS, INTERCARGO and INTERTANKO launch survey to identify fuel oil issues
11:01 Seaspan agrees to purchase a fleet of four containerships
10:48 Viesturs Zeps elected Chairman of Freeport of Riga Board, Pavels Rebenoks elected Deputy Chairman
10:21 3rd Hydraulic Engineering Structures and Dredging Congress kicks off in Moscow
10:17 MABUX: Bunker market this morning, Feb 26
10:06 GTT receives an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new LNG Carriers
09:59 First dredger with ultra-low emissions has arrived in Belgium
09:54 Novorossiysk Commercial Sea Port to invest RUB 108.4 billion in development till 2029
09:35 Brent Crude futures price is up 0.65% to $54.61, Light Sweet Crude – up 0.8% to $50.3
09:17 Baltic Dry Index is up to 508 points

2020 February 25

18:06 Maritime world players gather in Antwerp for World Ports Conference 2020
17:51 Four new IBIA board members announced at AGM
17:30 ClassNK develops its Digital Grand Design 2030
17:18 Piraeus Bank enters into a strategic collaboration with ORIX Corporation to provide financing solutions to the Greek maritime sector
17:02 DNV GL awards MSC new container ship fire safety notation