The Saevik-family controlled shipbuilder booked a pre-taxprofit of NOK 190m down from NOK 215m a year earlier, it revealed today.

However total sales leapt to just shy of NOK 2bn from NOK1.42bn a year earlier.

Havyard handed over four vessels last year and contracted seven newbuildings taking its orderbookto NOK 3.3bn as it entered 2014.

The Fosnavaag-based group will deliver nine ships throughthe third quarter of 2015.

Havyard