Havila News

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…

In Havila Kystruten AS v Abarca Compania de Seguros AS,¹ in which Watson Farley & Williams LLP represented the successful Norwegian shipowner, an English court has provided helpful and very detailed guidance on a number of issues relating to the parties’ rights to terminate shipbuilding contracts as well as the nature and scope of refund guarantees.BackgroundRefund guarantees are the lifeblood of shipbuilding, providing invaluable security to owners/buyers who must usually cash fund a significant proportion of the price of newbuildings during the construction phase (usually at least 40%)…

Offshore vessel operator DOF Group is pleased to announce multiple new contracts in the Atlantic region and the long-term charter of the construction support vessel Havila Phoenix.In the Atlantic region, DOF said it had secured an Integrated Field Support Vessel (FSV) contract with an international operator in West-Africa. The contract is for 365 days firm, with 365 days of options. DOF said it would deliver project management, engineering, procurement and logistics within deep-water construction and maintenance of existing subsea infrastructure. The company will use the Skandi Seven vessel for the project.Also in the Atlantic region, the company said it had secured multiple FEED studies towards prospective floating wind developments in the Atlantic region.

Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured "significant vessel capacity for the coming four years" through a deal to buy the multipurpose ROV support vessel Edda Sun for $29 million and through a charter contract for the multipurpose ROV support vessel Go Electra with a duration, including options, through 2027."With the favorable terms on the two new vessels…

Norway-based Havila Shipping ASA said it has entered into contracts with Peterson Den Helder BV for two of its platform supply vessels (PSV), Havila Borg and Havila Herøy.Havila Borg has been chartered for a fixed period of six months, plus one optional period of 12 months.Havila Herøy has been chartered for a fixed period of a drilling campaign estimated to 90 days, plus one optional period for up to 370 days.Havila Borg has already started its latest contract, and Havila Herøy will start on the new contract on October 18 in direct continuation of work for Peterson.

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway, Europe's largest gas supplier, last week put its energy sector on high alert, deploying its navy and air force to patrol offshore facilities and placing soldiers at onshore gas processing plants after the Sept. 26 Nord Stream blasts.The Havila Subsea, an oil service vessel equipped with remotely operated subsea vehicles, was deployed on Oct. 5 to survey the Europipe II pipeline that runs from the Kaarstoe gas plant in Norway to Dornum in Germany, Refinitiv vessel-tracking data shows.

Norwegian technology provider HAV Group ASA has received preliminary approval from DNV for its hydrogen-based energy system for cruise ships.The system uses liquefied hydrogen storage and fuel cells and was created as part of the FreeCO2ast project, which is currently developing a high-capacity hydrogen energy system that can be retrofitted onboard two coastal cruise vessels owned by the Norwegian operator Havila  Kystruten.The preliminary approval through DNV means that HAV Group…

Norwegian offshore shipping company Havila Shipping has agreed to sell platform supply vessels Havila Aurora and Havila Fortune for an undisclosed sum.Havila Aurora was delivered on Thursday to the buyer, which Havila did not identify. Havila Fortune is scheduled to be delivered within the next month. "The sale of the vessels is according to the present restructuring agreement," Havila Shipping said.According to Havila Shipping, the buyer has committed not to operate the vessels within the offshore sector.

Norwegian cruise shipping company Havila Voyages said it has taken delivery of its first newbuild, Havila Capella.The 124-meter ship will soon begin sailing from Tersan Shipyard in Turkey toward the Norwegian coast ahead of its first sailings on the traditional coastal route from Bergen from December 1.Havila Voyages CEO, Bent Martini, said, "We are many who have waited a long time for this, and now the first ship is finally in our hands and we will start preparing for setting sail towards Norway."Mehmet Gazioğlu…

Norwegian offshore vessel owner Havila Shipping has sold the platform supply vessel Havila Crusader.Havila Shipping said Friday it had sold the platform supplier to a foreign owner, "who will use the vessel outside the offshore industry. "The firm said that the sale was completed at the requirement of a lender in accordance with the clauses of the restructuring agreement. Built in 2010 by Hellesøy Yard, the 85-meter long Havila Crusader is a platform supply vessel of the VS 485 CD design.

Norwegian cruise shipping company Havila Voyages has canceled an upcoming roundtrip in Norway with the Havila Capella cruise ship, citing unresolved issues with the ship's insurance coverage."There is still an unresolved situation related to Havila Capella's insurance coverage. The company has therefore been forced to cancel the roundtrip scheduled to start from Bergen on 4th May for the sake of the passengers traveling into Norway before entering the ship," the company said,…

Norwegian offshore vessel owner Havila Shipping has won vessel contracts with Nexans Norway and Peterson Den Helder. The company also secured work of one AHTS with an unnamed client.Nexans Norway has chartered Havila Shipping's subsea vessel Havila Phoenix. Havila said Tuesday that the contract was in direct continuation of the existing contract. It is firm until the end of October 2022, with 60 optional days after that.Havila Shipping has also entered into a contract with Peterson Den Helder BV for the PSV vessel Havila Herøy for a fixed period of 70 days plus options.Contracts related to project work are also entered into for the AHTS vessel Havila Venus for a fixed period of total 64 days plus options, Havila Shipping said.

Electromotor Glitch Delays Havila Voyages' Castor Vessel DeliveryNorwegian coastal cruise shipping company Havila Voyages said Thursday that the first trip with its Havila Castor newbuild vessel would be delayed due to a technical problem with its electric motor. Havila Polaris and Havila Pollux start-ups are also expected to experience delays."The [Havila Castor] ship, which was due to start operating on April 7, is being built at the Tersan shipyard in Turkey, where it is currently unable to carry out sea trials due to challenges with an electric motor…

Norwegian offshore vessel owner Havila Shipping this week announced it has been awarded two separate platform supply vessel (PSV) charter contracts.On Monday, the company said it entered into a contract with Harbour Energy for the 2010-built, 85-meter Havila Commander. Estimated to commence in January 2022, the contract is for a firm period of four wells, with one well option.On Tuesday, Havila Shipping said it entered into contract with Amilcar Petroleum Operations for the 2009-built, 78.6-meter Havila Borg. The contract is for a firm period estimated to four months included mobilization and demobilization, with optional periods for up to two months. Commencement will be between January 15 and February 15, 2022.