Hurtigruten has invested in the Kleven yard group, which is building two expedition ships, with options for two more, for the Norwegian brand.
The company is part of an investment group that is putting NOK300 mill into Kleven for a 40 percent interest.
In addition to Hurtigruten, through Strawberry Equity and TDR, the group includes Åge Remøy, the Kleven-family companies John Kleven and H-Invest, the German family-owned yacht building yard Lürssen Group and investor Per Lillebø.
Without new capital, Kleven has warned that it may be forced to declare itself bankrupt.
“We are joining forces for the continued development and evolution of the yard’s expertise, to secure jobs and to grow the company to build ships of the future,” said Daniel Skjeldam, Hurtigruten CEO, in a statement.