Havyard bags ice-class PSV order worth $59m

The vessel has a contract value of just above NOK350m ($58.78m) and is due to be delivered in July 2015.

This latest contract is the second Havyard has signed with the Icelandic offshore shipping company Fafnir Offshore.

The icel-class PSV, Havyard 933 WE ICE, will be designed by Havyard Design and Solutions in Fosnavaag and will be built at Havyard Ship Technology's yard in Leirvik in Sogn, Norway.

“This PSV is designed to operate as efficiently as possible and with the least amount of influence from exposed waters, in say, the Arctic region. This hull design combined with hybrid battery power ensures that the PSV in given operations uses 30% to 40% less fuel compared to a traditional PSV,” Havyard said in a statement.