New Havyard Ship Technology, the company set up late last year to continue the operations of the bankrupt Norwegian shipyard, has taken on a new but experienced managing director.

Karsten Saevik replaces Erlend Hatleberg at the Leirvik-based yard, which in November said it would concentrate on repair services and stop building new ships after it completes three wind farm service vessels due to be delivered by the third quarter of this year.