Rolls-Royce EMS for Nine Havila Vessels
Rolls-Royce Commercial Marine has been awarded a contract to install its next generation Energy Management System across nine vessels in the Havila Shipping fleet: four anchor handling tug supply (AHTS) ships, four platform supply vessels (PSV) and one rescue and recovery vessel (RRV).The Energy Management System (EMS) was first introduced in November 2017 by Rolls-Royce, as part of a suite of vessel Intelligent Asset Management (IAM) products, and has since then been installed…
Høglund Teams Up with Yxney Maritime
Høglund, a global marine automation and system integration expert, has announced that it has signed an agreement with Yxney Maritime to launch an integrated vessel performance monitoring solution.The plug-and-play system will give ship owners and managers access to real-time fuel consumption data and analytics, allowing for better decision making and improved ship and fleet fuel efficiencies.Under the agreement, Høglund Marine Automation’s Ship Performance Monitor (SPM), which collects and stores accurate fuel consumption data for an individual vessel or entire fleet…
Reach Subsea Scores Work in Houston
Norwegian based offshore services provider Reach Subsea said its Houston office has secured several contracts from oil majors in the region, comprising some 100 days of work.Reach Subsea opened its Houston office earlier this year with sights on expanding its services into the important subsea hub. So far, the company has executed a couple of projects in the region utilizing subsea spreads hired-in on a project-by-project basis. The company said it is gaining traction at a higher-than-expected pace with two frame agreements now signed with oil majors…
Havila Shipping Hikes Capital
Havila Shipping has made a stock exchange announcement about expected debt conversion to shares according to subscription rights issued as a part of the restructuring of the company. The Norway-based offshore company announced about sale of vessels. The vessels were delivered to new owner on 9th and 10th November. The company received on 13 November 2017 exercise notices for 60,909,975 subscription rights related to remaining debt after sale of MV “Posh Vibrant” and MV “Posh Virtue”.
Havila Shipping Sells AHTS Duo
Norway-based Havila Shipping ASA has entered into agreements for sale of the AHTS vessels Posh Vibrant and Posh Virtue. The vessels are expected delivered to new owner during first part of November. Following the sale it is expected that the lenders and Havila Holding AS will exercise warrants through debt conversions into new shares corresponding to agreements decided by the General Meeting on 4th January 2017. It is expected that number of shares will increase by approximately 124,200,000 up to approximately 1,891,000,000 shares following the sale.
Statoil Awards ERRV Contracts
Statoil awards Simon Møkster Shipping AS contracts for three emergency response and rescue vessels (ERRV), and Havila Shipping ASA for one ERRV. The contacts have a total value, included options, of NOK 2.7 billion. The vessels will be part of Statoil’s area-wide emergency response on the Norwegian continental shelf (NCS). The emergency response vessels play an important role in addressing government authorities’ and the company’s own requirements for rescue, hospital, fire-fighting, emergency towing and oil spill preparedness.
Havila Shipping CEO: Firms Must Fix Own Issues before Discussing M&A
"We're familiar with the thinking of other industry players," he said. Saevik said Havila's restructuring talks are still ongoing and declined to comment on remaining issues in restructuring process. On Tuesday, two of Havila's competitors, DOF and Solstad Offshore announced restructuring plans to prepare themselves for more market headwinds and for potential consolidation. Shares in Havila are down 77.5 percent over the past year, against a drop of 4.7 percent for the Oslo benchmark index.
Offshore Supply Ship Market Set for Consolidation
A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented industry, two of the largest owners of the specialty ships told Reuters on Tuesday. With crude prices down more than 70 percent since mid-2014, energy firms have sharply cut their exploration spending, leaving a rising number of vessels to be mothballed. Norwegian supply vessel owners Farstad Shipping and Havila Shipping both said they expect to see mergers take place, echoing the sentiment of competitor Solstad Offshore , which said last week it too expects consolidation.
Havila Extends Niche Deal with Maersk
Havila Shipping ASA has seen Maersk Oil & Gas (MOG) extend an option for a vessel, allowing the company to avoid the weak North Sea spot market for 12 more months. Maersk Oil and Gas Company declared the first of three one year options for the Platform Supply Vessel (PSV) Havila Fortune. The vessel was first contracted by Maersk in May 2014 and started its contract on August 1, 2014. With this first of three extensions declared the vessel will remain with Maersk Oil until August 1, 2016. The contract includes a walk to walk system operated by a supplier.
NAVTOR Signs E-Navigation Agreement with DOF
E-navigation specialist NAVTOR has signed a landmark fleet agreement with DOF Management, the owner and operator of 78 advanced offshore service vessels. The deal will see NAVTOR’s innovative and user-friendly ENC service rolling out across DOF’s high-end CSVs, PSVs and AHTS vessels [Construction Support Vessels (CSVs), Platform Support Vessels (PSVs) and Anchor Handling Tug Supply Vessels (AHTS)], which operate in all key oil and gas regions worldwide. DOF has a 30-year track record of success in providing cutting-edge vessels to some of the biggest names in the energy industry.
NAVTOR Reports Norwegian Market Breakthroughs
NAVTOR, a company that delivers e-navigation solutions, announced market breakthroughs in the Norwegian offshore shipping segment. According to NAVTOR, a flurry of new client signings means that shipowners controlling 72% of the entire national fleet are now rolling the firm’s ENC service out across their vessels. NAVTOR said it is the navigation partner of choice for the Norwegian offshore segment, which today accounts for 44% of the nation’s total shipping business. NAVTOR has achieved this position just two years after the launch of its ENC service, which is compatible with all ECDIS, regardless of make. The service is offered for distribution on the preloaded USB-based NavStick…
Offshore Norway: Vessel Operators Team to Improve
A year ago Det Norske Veritas invited all offshore shipowners operating in the North Sea Basin to participate in a joint corporate project focusing on energy efficiency. Seven companies deceided to be part of the project. "This project focuses on operational findings regarding energy efficiency," Knut Ljungberg, Project Manager of this project said. Mr Ljungberg is the Principal Consultant, Environment and Energy Efficiency at Det Norske Veritas in Høvik, Norway. The project is called Energy Efficient Offshore Partners. Phase I which was initiated last fall is about to be concluded.
Project Seeks to Increase Energy Efficiency in Offshore Shipping
A project has been established to identify energy efficiency and fuel saving initiatives for the offshore shipping industry. The partnership involves a collaboration of seven Norwegian offshore shipping companies. The Joint Industry Project is called Energy Efficient Offshore Partners, and consists of: BOA Offshore, Eidesvik Offshore, Farstad Shipping, Gulf Offshore Norge, Havila Shipping, Siem Offshore and Solstad Offshore, and the classification society Det Norske Veritas (DNV) who is project manager. The project aims to identify and implement best practice solutions with regards to energy efficiency, acknowledging that the synergies between energy efficiency and environmental impact will be a competitive advantage for the partners.
Naming Ceremony For Seven Havila Held In Stavanger
Subsea 7, a leading seabed-to-surface engineering and construction services contractor, Havila Shipping and Havyard Design & Engineering held an official naming ceremony for the new-build diving support vessel, Seven Havila, in Stavanger on Thursday 17 March 2011. The vessel, one of the most sophisticated of its kind, is 120 metres long with 1050 m2 of deck space and is capable of travelling at a fast transit speed of 17 knots. Owned through a Joint Venture with Havyard Shipping and Subsea 7…
Support Vessel of the Year Uses Shipadmin
Offshore Support Journals award for Support Vessel of the Year 2011 was won by the DSV Seven Havila – a vessel using Shipadmins Captains Secretary and Shipadmin Gangway Solution. The vessel is owned by JV Havila Shipping and Subsea 7. It is a Havyard 858 DSV design and measures 393.7 ft by 75.5 ft. It can accommodate a crew of 120 persons. Seven Havila will be christened officially in Stavanger on the 17th March, 2011.
Foran used for Diving Support Vessel
Foran was the CAD/CAM system used for the engineering of the Acergy Havila Project, a new Diving Support Vessel (DSV) built after the agreement between Acergy and Havila Shipping. As there were many companies involved in the project, different subcontractors have acquired the new FCM module, which is a Foran solution developed by SENER for visualization and checking purposes. The Acergy Havila Project will be the DSV specifically designed for efficient diving operations in the harshest environments.
Havila Vessel Newbuilding Contract
Havila Shipping ASA has entered into a contract with Havyard Leirvik for building of a IRM vessel called Havyard 855. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA.The vessel has a length of 97,5,4 m, breath of 19,8 m. In order to meet environmental and comfort demands in the future the vessel has; clean design class, catalysers, and DP 2. Delivery of the vessel will be during summer 2010, and the contract price is approx NOK 700 mill, included owner delivery of crane.
Havila and Subsea Sign Contract
Havila Shipping ASA and Phoenix International, Inc. signed a 10-year contract, with additional option years, for the newly built SubSea Construction Vessel, Havyard 858. The vessel is scheduled for delivery from Havyard Leirvik during the summer of 2008, and will support oil and gas industry initiatives in the U.S. Gulf of Mexico. The contract has been entered into on market terms.
Havila Shipping Orders New PSV
Havila Shipping ASA has entered into a contract with Solstrand Verft for building of a new platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA. The vessel has a length of 262 ft. In order to meet environmental and comfort demands in the future the vessel has; clean design class, catalysers, and DP 2. Delivery of the vessel will be during summer 2009.
Havila Sells Eight Recovery Vessels
Havila Shipping ASA has signed a Heads of Agreement with Ocean Mainport Ltd group regarding sale of the UK based rescue recovery operations (RRV). Eight vessels are included in the transaction which will be completed by selling 100% of the shares in Havila Rescue UK Ltd and expected to be closed before yearend. The total transaction value is estimated to be approximately NOK 348 mill, and gives Havila Shipping ASA a total booked profit before tax of approx. NOK 65 mill. The cash effect will be approx. NOK 95 mill. Havila Shipping ASA will grant a secured seller credit of NOK 15 mill. The vessels included in the sale; Havila Sky, Havila Tern, Havila Searcher, Havila Sea, Havila Clever, Havila Sun, Havila Star and Havila Tigris. Handover will take place ultimo November.