Havyard IPO could help spark increase in Norwegian orders

Per Saevik’s move to sell down his interest in the Havyard Group as part of an initial public offering (IPO) in Oslo could help the shipbuilder secure more contracts from Norwegian shipowners.

Saevik’s Havila Group, which the offshore veteran controls with his three children, wants to reduce its 83.3% Havyard holding to around 33% as part of the listing, according to Norwegian daily Dagens Naeringsliv.

Havila