Earnings Release • Jul 5, 2018
Earnings Release
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Date: 5 July 2018 Contact: Geir Johan Bakke No of pages (incl. this one): 3
Havyard has signed a new contract with Norsk Fisketransport (NFT) for the delivery of a live fish carrier of Havyard 587 design in June 2020. The contract will be build no 147.
Norsk Fisketransport (NFT) already owns Havtrans, Namsos, and Steigen, and this will be these vessels' fourth and fifth sister ships.
'We are extremely satisfied with Steigen, which was christened in June at a big public ceremony in Steigen,' says Oddleif Wigdahl, CEO of NFT.
The new live fish carrier NFT has ordered will be Havyard's build no 147 and it will be identical to build no 127, Steigen.
'There's no need to change a recipe that has already proved successful! Choosing Havyard again was not a difficult decision: Good cooperation, high quality and an end product that is exactly how we want it,' says Wigdahl.
NFT has until summer 2019 to exercise the option for a further vessel of Havyard design 587.
All of Havyard's five business areas will contribute to the delivery: Fish Handling (MMC First Process) will deliver the on-board fish handling system. Power & Control (Norwegian Electric Systems and Norwegian Control Systems) will deliver everything from the bridge to the propeller. Ship Design & Solutions is responsible for the design and Shipbuilding Technology will equip the vessel together with Production & Services.
CEO of Havyard Group ASA Geir Johan Bakke recognises that cooperation across the group's business areas results in a total package and gives Havyard a unique advantage that no other supplier can offer.
'Building a live fish carriers is complicated, and we had some technical challenges when we built Namsos for NFT, but this in turn resulted in the highly successful Steigen. The fact that NFT now wants a sister ship that is a carbon copy of Steigen, speaks volumes about how good the resulting vessel was. Building these new live fish carriers means developing lots of new technology and making adaptations to make the vessel as functional as possible and to ensure excellent fish welfare. Our combination of expert personnel and cooperation across business areas means that we can deliver exactly that. I look forward to further developing our good cooperation with NFT in new projects,' says Geir Johan.
One photo attached for free use.
Havyard Group ASA is a maritime technology company that delivers products and services in the areas of seafood, energy and transport.
Havyard Group ASA is listed on Oslo Børs, Ticker HYARD. Its head office is in Fosnavåg, and the Group has 602 employees. It currently has an order book of NOK 3 558 million.
To learn more about us, visit: www.havyard.com
Havyard Design & Solutions AS uses its knowledge and capacity for innovation to offer concept designs and detailed design of profitable vessels for the fisheries industry, the aquaculture industry, offshore wind power production, the offshore petroleum industry, transport and other types of special vessels.
Havyard Design & Solutions is based in Fosnavåg with branches in Poland, Rijeka and Shanghai.
It has 75 employees and orders on its books worth NOK 175 million.
To learn more about us, visit: www.havyard.com
Havyard Ship Technology AS was established in 1918 and has extensive know-how about the delivery of newbuilds regardless of the design, as well as fitting out, repairs and modification of vessels. Because of its sound project management and quality assurance systems, its flexibility and highly qualified personnel, the shipyard delivers advanced top-quality vessels.
Havyard Ship Technology is based in Leirvik in Sogn, with branches in Fosnavåg and Turkey. It currently has 171 employees and orders on its books worth NOK 2,977 million.
To learn more about us, visit: www.havyard.com
MMC First Process AS is a supplier of total complete system solutions for handling seafood for the fisheries and aquaculture industries at sea and onshore.
The company operates in several locations in Norway and is represented in all major markets worldwide.
The company has specialised expertise and technology for handling, processing and refrigeration.
Fish Handling is based in Fosnavåg. with branches in Vigra, Sjøholt and Haugesund. It currently has 143 employees and orders on its books worth NOK 500 million.
To learn more about us, visit: www.mmcfp.no
Norwegian Electric Systems AS (NES) and Norwegian Control Systems AS (NCS) are two hightech companies with expertise in electrics, automation and integrated navigation. Together, they have a unique product portfolio that enables them to deliver complete solutions from bridges to propellers. Their main focus is on having the most efficient and environmentally friendly solutions, and on ensuring that the product solutions are adapted to suit the vast majority of vessel types.
Power & Control is based in Bergen, with branches in Ålesund and Egersund. It has 65 employees and orders on its books worth NOK 585 million.
To learn more about us, visit: www.norwegianelectric.com www.norwegiancontrol.com
Havyard Production & Services Sp. Z o.o (HPR) provide a broad range of services to various shipbuilding activities world-wide, including new builds, rebuilding, warranty and post warranty service.
HPR is based in Polen, with branches in Leirvik i Sogn and France. It has 162 employees and orders in its books worth NOK 112 million.
To learn more about us, visit: www.havprod.com
Name: Geir Johan Bakke Mobile: +47 481 80 011
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