Havyard gets LOI for arctic stern trawler

JUNE 15, 2017 – Norway’s Havyard Ship Technology has signed a letter of intent with Canada’s Baffin Fisheries, for the design and construction of an artic stern trawler. The vessel, a Havyard 554, is designed by Havyard Design & Solutions in close cooperation with the customer, and is 17 meters wide and 74.5 meters long.

The parties intends to enter into a shipbuilding contract before the end of August 2017, with a scheduled delivery date for the vessel in April 2019.

Havyard says it has worked strategically and targeted to get into the trawler market, and the letter of intent shows that it is in the process of confirming its position in the segment.