Hurtigruten is taking over the Kleven Shipyard in Norway.
“We see a great potential at Kleven,” said the shipowner's chief executive Daniel Skjeldam.
The yard needed fresh capital and has been supplied NOK 600m ($75m) in fresh liquidity in a deal that both owners, customers and banks are behind.
The deal makes jobs safe for the 750 employees at the yard in Ulsteinvik, which has been building ships since 1967.
