Havila Shipping ASA - Company Profile
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Business Description
Havila Shipping ASA (Havila), a subsidiary of Havila Holding AS, engages in the shipping business and provides anchor handling, subsea construction, platform supply, and multi-field rescue recovery services. It manages and operates offshore service vessels primarily in the Norwegian, British, and Danish sectors of the North Sea; and Asia, Brazil, Gabonese Republic, and the Netherlands.
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R&D Overview
Havila is involved in several R&D initiatives, including participation in the Centres for Research-based Innovation (SFI) scheme to strengthen Norwegian research communities in marine operations. The company collaborates with Equinor Energy AS, Corvus Energy AS, the Institute for Energy Technology (IFE), and SINTEF Energy AS on a project to optimize marine battery packs for offshore vessels. Additionally, Havila is part of a pilot project with Equinor and Norwegian Greentech to develop advanced tank cleaning systems. The company also engages in workshops organized by NTNU Ålesund and participates in the FME Maritime Energy Transition project with SINTEF, focusing on reducing the environmental footprint of shipping. Furthermore, Havila, along with SINTEF Northwest and HAV Design, is involved in the DAMA Trim project to optimize trim for offshore vessels using machine learning to reduce greenhouse gas emissions.
Business Segments
Overview
The segment operates 14PSVs including one owned by a third party and one jointly owned by the company. Its PSV carries goods, water, drilling mud, and chemicals to and from the offshore installations. Its PSVs include Havila Charisma, Havila Borg, Havila Foresight, Havila Heroy, Havila Fano, and Havila Clipper In FY2024, the segment incurred a capital expenditure of NOK79.9 million, which grew 470.7% YoY.
Performance
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Overview
The segment operates one bareboat RRV. The RRV offers security services such as oil spill preparedness, fire protection, and operation of rescue and recovery at the oil installations. Its RRV is a special build vessel, equipped with large pickup boats, helipads, and fire-fighting equipment. In FY2024, the segment incurred a capital expenditure of NOK3.7 million, which declined 88.9% YoY.
Performance
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Overview
The segment operates three subsea vessels which are used for underwater construction work and for support to underwater operations. These vessels are equipped with larger cranes, a dynamic positioning system (DP), helipads, and a high degree of manning capacity. The company’s subsea vessels include Havila Phoenix, Havila Harmony, and Havila Subsea. In FY2024, the segment incurred a capital expenditure of NOK3.7 million.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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