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We present a global iterative algorithm for constructing spatial G2 –continuous interpolating ν–splines, which preserve the shape of the polygonal line that interpolates the given points. Furthermore, the algorithm can handle data exhibiting two kinds of degeneracy, namely, coplanar quadruples and collinear triplets of points. The convergence of the algorithm stems from the asymptotic properties of the curvature, torsion and Frénet frame of ν–splines for large values of the tension parameters, which are thoroughly investigated and presented. The performance of our approach is tested on two data sets, one of synthetic nature and the other of industrial interest.