Norwegian Shipyard Downsizes, Flips Focus to Repair and Service

New Havyard Ship Technology announced that it will restructure its operations into a repair and service yard and reduce the number of staff, as employees were informed today at the yard in Leirvik.

“The strategy of becoming a service and repair yard is absolutely necessary to keep as many jobs as possible,” said Gunnar Larsen, CEO, Havyard Group. He said the yard industry now recognizes that the market for newbuilds and the possibilities of obtaining funding for building projects will be challenging in the time ahead. At the same time, the service segment is healthy and profitable.

“New Havyard Ship Technology must therefore restructure its operations to repairs, service and maintenance.”

The Norwegian yard industry is facing serious problems, and Larsen calls for more measures to facilitate shipbuilding in Norway…