Kleven yard files for bankruptcy

Norway's Kleven yard, which has built several newbuilds for Maersk Supply Service, files for bankruptcy, reports Dagens Næringsliv. The move comes after CEO stepped down.

Photo: Per Eide, Kleven

Norwegian shipbuilder Kleven and two subsidiaries have filed for bankruptcy, reports Dagens Næringsliv.

This happens after it emerged earlier this week that the yard was facing a de facto risk of bankruptcy. Three lenders had terminated their agreements with the yard, while CEO Kjetill Bollestad had been dismissed.

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