DIV Shipbuilding will construct M/Y NJORD, a new 290m-long residential yacht for Ocean Residences Development.

DIV Shipbuilding owns Norway’s Kleven Verft shipyard and Croatia’s Brodosplit shipyard. Both of them will contribute to the construction of the vessel, which is scheduled to be delivered in 2024.

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Most of the steel construction of the hull and the technical installations will be carried out by Brodosplit.

Kleven Verft will complete the technical installations and the interior fit-out.

DIV Group chairman and CEO Tomislav Debeljak said: “My company is truly honoured to be involved in the construction of this magnificent private yacht initiated by Ocean Residences Development Ltd. All employees of DIV Shipbuilding at both our shipyards Brodosplit and Kleven are proud to partner of and work on this generational project.

“In these changing times, I am pleased to confirm that we have the full support of the governments of both Croatia and Norway who share our enthusiasm for this important project as it is expected to generate employment for thousands of highly skilled people in the years to come, from welders to engineers and many other disciplines in between.”

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In January, DIV Group acquired Kleven Verft from expedition cruise operator Hurtigruten.

In January 2019, Brodosplit started the construction of a new ship for Quark Expeditions in a steel-cutting ceremony held at the shipyard.

In November 2017, Kleven signed a memorandum of understanding (MoU) with De Beers Marine Namibia for the construction of a purpose-designed offshore mining vessel.