Havila News

Norwegian offshore support vessel owner Havila Shipping has secured contract with Equinor for its platform supply vessels (PSVs).The contract has been signed for Havila Herøy PSV, for an operation planned to be 136 days.The start is expected to be in first half of March, the company said.Built in Havyard Leirvik in 2009, Havila Herøy PSV is 80.4 meters long and has a deck space of 805 m2.

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million, will be executed primarily using DOF’s regional fleet during the fourth quarter of 2025 and the first quarter of 2026. The contracts represent more than 250 firm vessel days, excluding optional work.In West Africa, DOF will deploy Skandi Hera and Skandi Master under direct contracts with an operator.

Havila Shipping has not had its case upheld in Oslo District Court and will appeal the judgment.In January and March, the company filed a lawsuit against DnB Bank ASA, Danske Bank AS NUF, and Swedbank AB (publ).The banks have maintained that Havila Shipping breached refinancing terms by converting of debt to equity and conducting a bond issue.In a statement, Havila said: “Havila Shipping does not agree with the judgment, and the district court's ruling is not a final decision in the matter.

Equinor has extended the contract for Havila Shipping’s platform supply vessel (PSV) Havila Charisma.Equinor has exercised one year option for Havila Charisma until December 2026.According to Havila Shipping, Equinor has an option for one year thereafter, until December 2027.Havila Charisma is 2012-built PSV of Havyard 833L design. The PSV is 92.8 meters long, with a breadth of 19.6 meters.

Havila Shipping delivered a stronger third quarter in 2025, reporting improved profit before tax and maintaining high fleet utilization despite softer day rates and several vessels undergoing planned maintenance.According to the company’s quarterly report, freight revenues reached NOK 149.3 million in Q3 2025, up NOK 8.5 million from the same period last year but down sequentially from Q2. Utilization remained robust at 95.3%, although two vessels were temporarily out of service for scheduled yard work.

Norwegian offshore support vessel owner Havila Shipping has signed a contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, signed on market terms, is planned to be in direct continuation of existing contract for a firm period until late fourth quarter 2026, with further options for extension up to two years.To remind, Havila Shipping and Peterson Den Helder signed a contract for the PSV back in March 2025.Built in 2009, Havila Borg features Havyard 832 design. The PSV is 78.6 meters long, with the breadth of 17.6 meters and deck of 800 m2.

Offshore supply vessel operator Havila Shipping ASA delivered stronger results in the second quarter of 2025, supported by high fleet utilization and stable freight revenues.Freight revenues reached NOK 165.5 million in Q2, up NOK 19.5 million from the same period in 2024 and broadly in line with the previous quarter. Total operating income rose to NOK 175 million compared to NOK 152.9 million last year.Operating profit before depreciation increased to NOK 91.3 million (Q2 2024: NOK 78.4 million).

Havila Holding, through its subsidiary Havila Skipsinvest, has acquired the Polarsyssel offshore supply ship from Fafnir Norway.Polarsyssel serves as the Governor of Svalbard’s service vessel and plays a key role in safety and emergency preparedness in the region.The ship patrols the waters around Svalbard and carries out inspection and enforcement tasks, search and rescue missions, environmental monitoring, and oil spill response.Fafnir has owned the vessel since it was delivered in 2014, while Havila has been responsible for the daily operations since 2015.

Havila Shipping ASA announces its Q4 2024 financial results, highlighting steady freight revenues, strong fleet utilization, and the successful completion of a major debt restructuring.Key Financial Highlights (Q4 2024):Freight revenues: NOK 148.0 million, consistent with Q4 2023 and up NOK 7.1 million from Q3 2024.Fleet utilization: Maintained at 92%, with a higher average rate than the previous quarter.Operating expenses: NOK 87.7 million, down NOK 1.6 million from Q4 2023 but…

Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea. The existing contract was due to finish at the end of 2024, but the contract extension is for a firm period of three years, with two one-year options. The contract extension includes improved terms valid from June 1…

Norwegian offshore support vessel owner Havila Shipping has entered into contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, whose value was not disclosed, is for a firm period of two wells estimated to 200 days.It also includes optional periods for eight wells each estimated to 65 days.The start of operations is expected to be within two weeks, Havila Shipping said.Built in 2009, Havila Borg features Havyard 832 design. The PSV is 78.6 meters long, with the breadth of 17.6 meters and deck of 800 m2. It can accommodate 23 people.

Norwegian offshore support vessel owner Havila Shipping has secured contracts with Equinor for three of its platform supply vessels (PSVs).Contracts with Equinor are the PSV vessels Havila Clipper, Havila Fanø and Havila Herøy.Each contract is for a firm period of twelve months, with six optional periods, each of one month.The start of the contracts will be within end of July 2024, according to Havila, which did not disclose the value of the deals.Constructed by Havyard in 2011…

Norwegian subsea services firm Reach Subsea has entered the agreement with vessel owner Havila Shipping to extend the charter for inspection, maintenance and repair (IMR) vessel Havila Subsea.The contract extension is for a firm period of three years, until the end of 2027, with tow one year options.“In a rising market, maintaining strong operational control over core assets is crucial. We are witnessing ongoing positive market trends, with our order book and tender volume consistently increasing year by year…

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can vary…

Norway's Havila Voyages announced it has appointed Mette Øyen as its new chief marketing officer and Aleksander Røynesdal has started in the role of new chief financial officer.Røynesdal was hired in December but officially entered his new role March 1. He comes from the position of COO at Norgas Carriers and has extensive experience in the finance and capital markets within the shipping and maritime transport industry.Øyen is scheduled to start in her new role on September 1, 2024.

Solstad Offshore's subsidiary, Solstad Rederi, has sold the Anchor Handling Tug Supply (AHTS) vessel Nor Spring.The 2008-built, 70-meter-long AHTS vessel has been in layup in Asia since 2020. "Delivery of the vessel to the new owner took place today, November 1, 2023," Solstad Offshore said, without disclosing the name of the buyer."The sale of the vessel will result in a positive accounting effect of approximately MNOK 50 to be reflected in the Q4 2023 accounts," the company said.According to MarineTraffic…

Norwegian offshore vessel owner Havila Shipping said Monday it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus, following demands from lenders.A day later, Norway-based offshore vessel operator DOF announced the expansion of the fleet "with the addition of the high end AHTS Skandi Jupiter and Skandi Mercury, formerly known as the Havila Jupiter and Havila Venus respectively.""DOF are proud to be selected by the vessel’s new owners to be commercial and technical managers of these advanced offshore support vessels which will add to…

Norwegian offshore vessel owner Havila Shipping said Monday it had sold three vessels following demands from lenders.Havila Shipping said that, under its restructuring agreement, it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus."The ships are scheduled to be delivered to new owners at the beginning of November. The sales proceeds will be used to repay the debt and will have a limited effect on the company's liquidity…

Havila Shipping announced it has secured contract extensions for two of its platform supply vessels (PSV).The Norwegian offshore support vessel owner said on Tuesday it has entered into an agreement with Equinor Energy AS for the PSV Havila Clipper for extension of the existing contract until June 2024. It is also agreed an optional period for 6 months for the period to December 2024.In addition, Havila said it entered into contract with Peterson Den Helder BV for two optional periods each of one year, for the PSV Havila Borg.

Survitec has announced a new interactive safety management solution it hopes will substantially improve onboard safety.The Safety Management and Rapid Response Technology Interface (SMARR-TI) uses a graphical monitoring interface to integrate fire detection and fire suppression systems within one system.SMARR-TI, which Survitec developed in cooperation with Turkish shipyard Tersan and Norway’s Havila Voyages, is already in operation on a pair of 15,500gt passenger ships.SMARR-TI…

As the world continues to scramble for renewable energy, floating offshore wind has emerged as a key capacity enabler in the coming decades. With no major commercial scale projects currently in operations, the segment is largely based on governments and developers ambitious project plans for the future. Nonetheless, this market segment can offer vast opportunities to the world of offshore support vessels in both near- and long-term prospects.In this piece, we will discuss the key opportunities and challenges related to offshore floating wind…

Norwegian offshore support vessel owner Havila Shipping has secured contract extensions for two platform supply vessels.Havila said Monday that Peterson Den Helder had declared the 12 months optional periods for the PSVs Havila Borg and Havila Herøy.The extended period will end in April 2024.Financial details were not disclosed. The Havila Borg platform supply vessel, currently moored in Aberdeen, UK, was built by Havyard in 2009. It is 78.6 meters long, and has a deck space of 800 m2. The Havila Heroy, currently in Den Helder, the Netherlands, was also delivered by Havyard in 2009. It is 80.4 meters long and has a deck space of 805 m2.

The Norwegian oil and gas company Equinor has given a longer-term charter to the Island Commander offshore supply vessel.The vessel, which is owned by Island Offshore, is currently on spot assignment for the same company.The 2009-built offshore vessel will now stay on a charter with Equinor for another seven months. Equinor will have two two-month options to extend the contract further.Island Offshore says that with this contract, it now has two offshore supply vessels and one walk-to-work vessel working for Equinor. Battery packs have been installed on all three vessels. In addition, Island Offshore said it was working with Equinor to assess the possibilities for modifying the LNG-powered vessel Island Crusader to use ammonia as fuel.Earlier this week…