• 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 19

18:37 Eni launches hull for Coral Sul FLNG in offshore Mozambique
18:06 Port of Rotterdam aims to become the most sustainable biorefinery in Europe
17:52 NOVATEK’s 2019 profit grew 5.3 times YoY to RUB 865.5 billion
17:31 Royal IHC launches TSHD GHASHA for National Marine Dredging Company
17:28 Wärtsilä and Carnival achieve real-time data exchange between ship and port
17:06 Jan De Nul finishes deepening works in the Port of Maputo
16:46 Port of Hamburg seaborne cargo throughput up 1.1 percent to 136.6 million tons in 2019
16:42 PM Yury Borisov backs RF Transport Ministry’s proposal to assign cargo to Russian-flagged and Russian-owned vessels
16:13 Boston Ship Repair gets Navy's $14.3M contract
15:37 Russia’s market demand for marine fuel to exceed 10 million tonnes in 2020 – PM Yury Borisov
15:10 Inmarsat launches connectivity services in Saudi Arabia across land, sea and air
14:51 FESCO launches new regular container train from Novosibirsk to Khabarovsk
13:48 Russia’s bunker market fell by over 6% YoY to 11 million tonnes in 2019
13:06 Rosneft’s hydrocarbon production in 2019 remained flat YoY at 5.79 mmboed
12:39 Rosneft reports 29-pct increase of its 2019 net income to RUB 708 bln
12:05 Philippine Ports Authority net income soars 31% in 2019
11:47 Konstantin Anisimov appointed as Deputy Head of Federal Marine and River Transport Agency
11:00 Position of the European Federation of Inland Ports (EFIP) on the European Green Deal
10:52 Golar Power forms partnership with BR Distribuidora
10:41 IMO continues its work to counter maritime crime
10:21 MABUX: Bunker market this morning, Feb 19
10:18 Finland accedes to Cape Town Agreement on fishing vessel safety
09:54 Bunker prices go down at the port of Saint-Petersburg, Russia
09:32 Brent Crude futures price is up 1.07% to $58.37, Light Sweet Crude – up 1.05% to $52.84
09:19 Milaha takes part in the Qatar Maritime and Logistics Summit as its main sponsor
09:15 Baltic Dry Index is up to 450 points

2020 February 18

18:00 Petronas signs 12-year time charter party for two new build LNG vessels
17:36 MARAD announces more than $280 million in grants for US ports
17:27 Jotun Marine: Proactive measures needed to improve hull performance
17:06 CMA CGM announces FAK rates from the Mediterranean to USEC and USGULF
16:43 EIB supports refurbishment of Port of Ystad to accommodate climate-friendly vessels
16:21 Oboronlogistics designated as sole executor of works and services related to delivery of goods by sea to Kaliningrad Region
15:36 CMA CGM announces Emergency Space Surcharge for exports from Russia & Baltic
15:33 Stena Bulk and Admiral Makarov University agree to make company-branded class
15:04 Port of Singapore to give 50% port dues concession to passenger vessels
14:40 Borr Drilling enters into new financing arrangement for a newbuild jack-up drilling rig
14:07 Volga Shipping Company to convert three tankers into dry cargo carriers in 2020
13:24 DP World to delist from Nasdaq Dubai
12:48 Bunker prices go down at the Far East ports of Russia (graph)
12:10 E.ON, Rotterdam Port Authority and DeltaPort Niederrheinhäfen agree to develop an infrastructure for freight and passenger ships
11:04 GTT receives two orders from Hyundai Samho Heavy Industries and Hyundai Heavy Industries
10:52 Average wholesale prices for М-100 HFO grew to RUB 10,253 in RF spot market
10:21 MABUX: Bunker market this morning, Feb 18
10:19 Linkspan connection/disconnection service tariff changed at Ust-Luga ferry terminal
09:54 Divers of RF Navy's Black Sea Fleet started preparing for "Depth-2020" competition
09:33 Brent Crude futures price is down 1.13% to $57.02, Light Sweet Crude – down 0.76% to $51.92
09:15 Baltic Dry Index is up to 434 points

2020 February 17

18:37 CMA CGM announces FAK rates from Middle East Gulf & Pakistan to North Europe, the Mediterranean and Red Sea & Red Sea
18:06 European Shipping Week 2020 opens with the latest figures on European shipping
17:50 Gazprom Neft’s supplies of low-sulphur marine fuel to domestic market to exceed 1.5 million tonnes in 2020
17:36 SCHOTTEL secures contract to provide propulsion units for a newly built harbour tug
17:18 BlueWater Reporting issues ISC-North America trade report
17:05 Saga Subsea receives new contract
16:30 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
16:05 Reach Subsea awarded several contracts and call-offs under frame agreements for 2020 execution
15:54 Wärtsilä to supply customized Hybrid Scrubber solution to two Norwegian Cruise Line ships
15:06 Sea Port of Saint-Petersburg's allocations under its social programme totaled RUB 47 million in 2019
14:42 Container throughput of Hong Kong port (China) fell by 20.4% to 1.35 million TEUs in Jan’2020
14:17 Damen holds keel-laying ceremony for Nigerian Navy landing craft
13:38 WFW advices BPER BANCA on Marittima Emiliana financing