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Norway's Kleven yard lost more than USD 30 million in 2018

Shipyard Kleven Verft suffered a deficit of more than USD 30 million last year. The yard is currently working on a corporate restructuring.

Photo: Per Eide, Kleven

Norwegian shipyard Kleven Verft suffered a large deficit of NOK 338 million (USD 37.1 million) for 2018, shows the financial report from parent company Kleven Prosjekt 401, reports Dagens Næringsliv.

According to the yard's financial report, the large deficit was expected.

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