Knut Monastery

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Knut Utstein Kloster junior (born April 2, 1929 in Oslo ) is a Norwegian entrepreneur . In 1966 he founded the Norwegian Cruise Line .

Life

Knut Kloster was born in Oslo in 1929 as the son of Knut Ulstein Kloster senior and Ingeborg Ihlen. He studied at the Massachusetts Institute of Technology before taking over the management of the Kloster Rederi shipping company founded in 1924 by his grandfather Lauritz Kloster in 1959. Together with the Israeli entrepreneur Ted Arison , Kloster founded the Norwegian Cruise Line in 1966, which at that time was still called Norwegian Caribbean Line . Based on its founder, the shipping company was also marketed under the name Kloster Cruises . Ted Arison left the company shortly after it was founded due to internal disagreements and then founded his own shipping company, the Carnival Cruise Line .

The newbuildings of the Norwegian Cruise Line under the direction of Knut Kloster were among the first modern cruise ships. Kloster was also responsible for the purchase of the French liner France and its conversion to Norway in 1979. In 1986 he left both Norwegian Cruise Line and the family business Kloster Rederi to pursue new projects.

Kloster's first project after the exit was the cruise ship Phoenix , which with 250,000 gross tons would have been the largest ship in the world at the time. The design, conceived as a floating city , with an estimated cost of more than one billion US dollars, was never realized.

In 2000, Knut Kloster was the initiator of The World project , a cruise ship with private residences on board. The ship, which was put into service in 2002, remained in the owner's possession until 2003 and was then sold to a Norwegian company and the individual residents in order to avert bankruptcy. Kloster itself owns two private apartments on board The World .

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