Havyard, Forland Make ‘Lewek Inspector’ Deal

Havyard Ship Invest AS (“Havyard”) has on 14 November 2013 agreed with Forland Subsea AS to acquire a 25 % stake in the shipowning company for Forland’s new subsea construction vessel, Lewek Inspector.

The vessel is scheduled for delivery from Havyard on 14 November 2013 and will immediately start a five year contract with Emas AMC.

“The agreement underlines the solid relationship between Forland and Havyard and will serve to strengthen the Forland Group’s financial position,” said Havyard in a statement.

Related:  VIDEO: ‘Lewek Inspector’ Hull Launched in Turkey

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Press Release, November 14, 2013