Green Yard Kleven

What Green Yard Kleven does

Green Yard Kleven is a Norwegian shipyard located in Ulsteinvik on the Sunnmøre coast, founded in 1944 and operating as part of the two-yard Green Yard group alongside Green Yard Feda. The company constructs complete vessels in Norway from keel to command bridge, and operates a full-service maritime portfolio spanning shipbuilding, retrofit, recycling, rig harbour services, repair teams, and land-based scrap iron processing. Its core technology and craft base is traditional, large-scale shipbuilding and vessel life-cycle services rather than a software or platform offering, with proprietary positioning around standardized vessel production and "Sustainable Shipyards" branding.

The company's primary customer is the Norwegian Armed Forces (Forsvaret), for which it builds hulls for the Standard Vessels (Standardfartøy) program and recently launched Field Support Vessel B404. A secondary commercial maritime segment serves fishing, offshore support, and other operators requiring newbuild, retrofit, and repair work. Green Yard monetizes through project-based, one-time shipbuilding contracts and professional-services engagements (retrofit, repair, recycling, rig harbour), with no publicly disclosed pricing and all quotes handled on a custom basis.

Go-to-market is a direct B2G and B2B enterprise field sales motion concentrated in Norway, leveraging relationships with defence procurement, the Sunnmøre maritime cluster supplier network, and government stakeholders (including a ministerial visit in April 2025). Marketing is light: organic LinkedIn, Facebook, and Instagram presence plus earned media around vessel launches and policy positioning. Ownership is private with no disclosed institutional investors, parent company, funding rounds, or M&A activity in the input data.

Name

Green Yard Kleven

Legal name

Green Yard Kleven

Website

https://kleven.no

Company type

Private

Founded year

1944

Operating status

Operating

Headcount range

101–250 employees

Short description

Green Yard Kleven is a Norwegian shipyard in Ulsteinvik that builds complete vessels for the Norwegian Armed Forces and commercial maritime clients, while also providing retrofit, repair, recycling, and rig harbour services.

Ownership category

akta.pro rank

Product category

Shipbuilding and Maritime Construction

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Auxiliary & Logistics Naval Vessels (Replenishment, Support, Hospital) (IMAJABAD)

akta.pro secondary industries

Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices) (TLAHAMAI), Naval & Government Vessel Maintenance & Modernization (TLAKAKAB)

Keywords

• Shipbuilding services
• Vessel retrofit
• Ship recycling
• Maritime repair
• Offshore rig services

Headquarters

HQ city

Ulsteinvik

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Shipbuilding Contracts: Custom shipbuilding contracts for maritime vessels including fishing vessels, support vessels, and defense vessels. Revenue generated from new vessel construction projects.
2. Retrofit Services: Retrofitting existing vessels with upgrades and modifications.
3. Repair Services: Vessel repair and maintenance services through dedicated repair team.
4. Rig Harbour Services: Rig harbour services for offshore installations.
5. Recycling Services: Ship recycling and scrapping services including scrap iron processing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Green Yard Kleven operates a Norwegian shipyard constructing complete vessels from keel to command bridge, including hull construction and final outfitting. The company delivers standardized vessels for the Norwegian Armed Forces and provides retrofit, recycling, rig harbour, repair, and scrap iron services. Operations span commercial fishing vessels, support vessels, and defense vessels built entirely in Norway using Norwegian supply chains and expertise.

Product overview

Green Yard Kleven operates as a Norwegian shipyard offering a comprehensive portfolio of maritime services organized under a unified brand. The core offerings include shipbuilding (constructing complete ships in Norway from keel to command bridge), retrofit, recycling, rig harbour, repair team, and scrap iron services. The company has built standardized vessels for the Norwegian Armed Forces and recently launched the Field Support Vessel B404. Green Yard Kleven is one of two shipyard locations under the Green Yard group, with the other being Green Yard Feda in Feda.

Differentiator

Problem solved

Functional benefit

Brands

• Green Yard Feda: Shipyard facility located in Feda, Norway offering shipbuilding, retrofit, recycling, and repair services.
• Sustainable Shipyards

Products and services

• Shipbuilding Full-service shipbuilding capabilities constructing complete vessels in Norway from keel to command bridge, including hull construction and final outfitting for defense and commercial maritime clients.
• Retrofit

Quantifiable outcome

• Building hulls for Norwegian Defense's new standard vessels in Norway is profitable for Norwegian shipyards

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Menon EconomicscoreStrategic or Co-development PartnerMenon Economics conducted a report supporting Green Yard's position that building hulls for Norwegian Defense's new standard vessels in Norway is profitable for Norwegian shipyards. This research supports Green Yard's strategic position in domestic defense procurement.
• Norwegian Maritime Cluster (Sunnmøre)coreStrategic or Co-development PartnerGreen Yard Kleven is part of the maritime cluster on Sunnmøre, a significant concentration of maritime expertise and shipbuilding capability in Norway. The location enables access to Norwegian supplier chains and maritime expertise.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Bergen Group: Bergen Group is a Norwegian maritime services and shipbuilding group providing newbuild, repair, and lifecycle services to the offshore and shipping sectors. It is a direct Norwegian peer in vessel maintenance, retrofit, and offshore-adjacent shipbuilding.
• VARD: VARD (part of Fincantieri) is one of the largest Norwegian shipbuilders, with yards across Norway and globally building offshore, expedition, and naval support vessels. It is the most direct competitor to Green Yard Kleven in Norwegian vessel construction and the most likely rival for future Standardfartøy or related Norwegian defense contracts.
• Langsten Slip & Båtbyggeri: Langsten is a Norwegian shipyard in Tomrefjord building offshore, fishing, and specialized vessels. It is a direct Norwegian shipbuilding peer serving similar commercial maritime customers as Green Yard Kleven.
• Ulstein Verft: Ulstein Verft is a Norwegian shipyard located in Ulsteinvik — the same maritime cluster as Green Yard Kleven — specializing in offshore vessels, service operation vessels, and complex shipbuilding. It competes for the same Norwegian maritime and offshore customers and sits in the same supply-chain ecosystem.
• Westcon Yards: Westcon Yards operates multiple Norwegian shipyards building and repairing offshore and specialized vessels. It is a direct competitor for Norwegian shipbuilding, retrofit, and repair contracts, including government-adjacent work.
• Havyard Group: Havyard Group is a Norwegian maritime group with shipbuilding, design, and service operations focused on offshore wind, fishing, and offshore vessels. It is a direct Norwegian peer in vessel construction and lifecycle services for the maritime sector.
• Båtservice Group: Båtservice is a Norwegian maritime group providing shipbuilding, ship repair, and offshore services. It is a direct Norwegian peer in vessel maintenance, repair, and conversion, and operates in overlapping customer segments.
• Fiskerstrand Verft: Fiskerstrand Verft is a Norwegian shipyard on the Sunnmøre coast building ferries, offshore vessels, and complex newbuilds. It is a regional shipbuilding peer with similar customer overlap in Norwegian commercial and government-adjacent vessel markets.

Broad incumbents

• Aker Solutions: Aker Solutions is a large Norwegian engineering and construction company serving offshore, energy, and defense markets. While it is not a focused shipbuilder, it is a broad Norwegian maritime and defense incumbent whose portfolio overlaps with vessel-related engineering, life-extension, and lifecycle services adjacent to Green Yard Kleven's offerings.

Regional players

• DOF Group: DOF Group is a Norwegian operator of offshore service vessels and is a significant customer-side peer in the Norwegian offshore vessel ecosystem. While not a shipbuilder, it is part of the same Sunnmøre/Norwegian maritime ecosystem and represents a key demand source for repair, retrofit, and rig harbour services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/kleven.no/?fref=ts
• LinkedInlinkedin.com/company/green-yard-kleven
• Instagraminstagram.com/green_yard_as

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Yard Kleven