Green Yard Kleven, a shipbuilder in Norway that has built two yachts, wants more recreational market share. The management team therefore has signed an agreement with Yachting Partners International (YPI) to drive new-build contracts for megayachts 262 feet (80 meters) and larger.
“We view the construction of large yachts, a.k.a. superyachts, as a highly topical market for us,” says Hans Jørgen Fedog, Green Yard Group’s CEO. (Green Yard Group acquired the then-named Kleven out of bankruptcy in 2000 and renamed the facility Green Yard Kleven.) Fedog adds that YPI’s network of contacts brings more benefits “than if we were to do this alone.”
As mentioned, Green Yard Kleven already has two yachts to its credit, the 380’6” (116-meter) Ulysses from 2018 and the 343’5” (107.4-meter) Andromeda from 2016. Both yachts originated with the same owners, intent on having true explorer, adventure yachts. They appreciated the yard’s commercial roots. Its facility, in Ulsteinvik, primarily focuses on offshore commercial vessels, passenger ships, ferries, and commercial fishing trawlers. Additionally, it recycles vessels and was an early adopter of battery technology.
Peter Thompson, YPI’s managing partner and global sales director, and Russell Crump, a longtime yacht broker, signed the deal at the shipyard. Thompson notes that Green Yard Kleven’s sustainable-energy abilities and immediately available slots bode well. Furthermore, he says Crump was already familiar with its activities. In fact, Crump has always been impressed by them, “a sentiment with which I can now fully concur.”
Crump points out that delivered megayachts exceeding 262 feet have risen by 22 percent in recent years. He, too, sees the shipyard’s open build slots as being advantageous. “We believe it is quite clear that there is a good and current market for the construction of larger superyachts.”
Green Yard Kleven kleven.no
Yachting Partners International ypiyachts.com
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