Havila Shipping ASA has entered into a 136-day contract with TotalEnergies EP Norge AS to provide platform supply vessel services, with operations scheduled to commence in March 2025. The agreement represents continued commercial activity for the Norwegian shipping company's PSV fleet, specifically involving the vessel Havila Herøy.
The contract comes during a period of financial strain for the company. Major lending institutions including DNB Bank ASA, Swedbank AB, and Danske Bank A/S have issued prepayment demands on outstanding debt obligations. Additionally, the company is managing legal proceedings after losing a case in Oslo District Court, with plans to file an appeal of the judgment.
The PSV contract demonstrates Havila Shipping's ability to secure operational work in the competitive offshore support vessel market, though the company's broader financial position remains under pressure from its creditor base and ongoing legal matters.