Oslo: Havyard has announced that is has signed a new contract with an international shipping company for the design and construction of a Havyard 858 L WE subsea vessel.
The contract value is around NOK 700m ($88.8m) and the vessel is scheduled to be delivered in the second quarter of 2017.
Lasse Stokkeland, head of the ship technology at Havyard Group, said he was happy with the company’s current order book, commenting: “Our focus is to continuously work on restructuring and streamlining to further increase our competitiveness. We see that we still have great potential to be more cost effective, while we will maintain the requirements for quality and delivery precision. This way we will ensure profitable construction at our shipyard in Norway also in the future.”
The Havyard 858 L WE is designed for IMR and light construction work on subsea installations.
