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Trades about 123% below its sector, cheaper than its peers on earnings.
Havila Shipping ASA operates within the maritime sector, specializing in the management and deployment of offshore service vessels. The company maintains a significant operational presence across key regions including Norway, the United Kingdom, Denmark, Belgium, the Netherlands, Iceland, and the Republic of Chile. Its diverse fleet comprises 22 specialized vessels: 5 anchor handling tug and supply (AHTS) vessels, 13 platform supply vessels (PSVs), 1 rescue recovery vessel, and 3 subsea vessels. The AHTS vessels are instrumental in facilitating rig relocation, anchor deployment, and providing essential logistical support. PSVs are primarily responsible for transporting vital cargo such as goods, water, drilling fluids, and various chemicals between onshore bases and offshore installations. Subsea vessels are utilized for underwater construction projects and to provide crucial support for complex subsea operations. Additionally, its rescue recovery vessel delivers critical safety and emergency services, encompassing oil spill preparedness, fire protection, emergency response, and recovery operations at offshore oil facilities. Established in 2003, Havila Shipping ASA is headquartered in Fosnavåg, Norway, and operates as a subsidiary of Havila Holding AS.
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