Norwegian maritime and offshore services provider Bergen Group has offloaded its last remaining shares in NorYards AS, marking the group's complete exit from the shipbuilding sector. Bergen Group ASA announced Monday that it has sold off its remaining 30% stake in NorYard AS to existing majority shareholder Calexco S.a.r.l. for US $4 million. The sale marks the last of … [Read more...]
Bergen Group Sells Off Remaining Shipbuilding Projects
Bergen Group continues their company's divestment from the shipbuilding sector today with the sale of their two remaining projects to Kleven Shipyard in Sunnmøre, Norway. The contracts include the construction of two offshore construction vessels (OCVs) of the ST 259 CD-design. The contracts were signed between Bergen Group Fosen and Volstad Maritime AS in first half of 2012 … [Read more...]
NorYards Appoints Neteland as Interim CEO
Johannes Neteland, the former head of marine and offshore industry supplier TTS Group, has been appointed CEO of NorYards AS effective 1 March 2014. For Neteland, the appointment is only temporary however, as a more permanent CEO is considered within the next six months. NorYards, a full-scope shipbuilding and design company focused on the design and construction of … [Read more...]
Floatel Superior to Drydock at Bergen Group Hanøytangen Yard
Bergen Group's Hanøytangen yard is preparing to host the Floatel Superior after winning a contract for various yard services and modification work over a three week period later this month. The rig is scheduled to arrive in mid-February. Floatel Superior is an accommodation and construction support vessel with 440 bed accommodations, all single bed cabins, or 512 using … [Read more...]
Bergen CEO Considers Further Shipyard Sales After Lucrative Rosenberg Deal
(Bloomberg) -- Bergen Group ASA, a Norwegian shipbuilder and offshore services company, would consider offers for one or both of its two remaining shipyards after last week selling its Rosenberg unit for more than analysts had expected. While Bergen doesn’t have any plans to sell its BMV yard in Bergen or its Fosen unit near Trondheim, it “could happen” if … [Read more...]
Bergen Group Rises Nearly 50 Percent on Sale of Offshore Engineering Business
(Bloomberg) -- Bergen Group ASA, a Norwegian shipbuilder and offshore services company, climbed the most in more than 3 ½ years in Oslo after agreeing to sell its Rosenberg unit for 1.09 billion kroner ($195 million). The stock jumped as much as 48 percent to 8.25 kroner, the biggest intraday gain since June 2, 2009, and traded 43 percent higher as of 11:10 a.m. local time. … [Read more...]