HAVILA CASTOR on its way to Norway

By | 2022 Newsletter week 17 | No Comments

Havila Voyages took delivery of its second ship, HAVILA CASTOR, at the Tersan shipyard in Turkey.

HAVILA CASTOR will start sailing the coastal route Bergen – Kirkenes on Tuesday 10th of May.

The ship has a market value of around NOK 1.2 billion and is financed with equity and a loan of EUR 46 million from Tersan shipyard and the shipyard’s bank. The loan is for a period of 3 months.

The initial financing could not be carried out, because of the Russian embargo. The vessel is owned by the company HK Ship V AS – a 100% owned subsidiary of Havila Kystruten Operations AS.

Havila Voyages is already in the process of refinancing HAVILA CASTOR and the two remaining ships that will be delivered later this year, as well as HAVILA CAPELLA.

The First Two Havila Voyages Ships Have Been Launched

By | 2020 Newsletter week 37 | No Comments

The first two of Havila Voyages’ four new coastal ships, HAVILA CASTOR and HAVILA CAPELLA, were launched at the Tersan shipyard on Saturday 5 September.

Arild Myrvoll, CEO of Havila Kystruten said that because of the pandemic, the first two ships will not be ready for the new year as originally planned.  “It looks like delivery may take place during Q1 of 2021,” he said.

In anticipation of the new ships, Havila Voyages has received approval for two replacement vessels, but the demand for the coastal route between Bergen and Kirkenes is currently very uncertain, and the need for capacity at the start of the new contract on 1 January 2021 is under evaluation.

Havila Voyages has an agreement with the Norwegian Ministry of Transport to operate four of the eleven ships that sail the classic coastal voyage between Bergen and Kirkenes from 2021 to 2030. The seven other ships will be operated by Hurtigruten.

It is unclear when ships number 3 and 4 will be delivered, as the Spanish yard went bankrupt.

The ships will have LNG propulsion and the world’s largest battery packs.