HAV Group ASA: Volstad Maritime picks NES for another offshore vessel upgrade

14 Dec 2022 08:00 CET

Volstad Maritime has contracted HAV Group ASA’s subsidiary Norwegian Electric
Systems AS (NES) to deliver the battery pack and associated control system for
battery charging to the Grand Canyon II offshore construction vessel.

This latest award comes only one month after Volstad Maritime appointed NES to
equip the sister vessel Grand Canyon III with an identical battery pack and
control system.

“The vessel upgrade for Grand Canyon II will be a carbon copy of what we will
deliver and install on board the Grand Canyon III. Managing identical deliveries
for two sister vessels, more or less in parallel, will allow the yard, shipowner
and us to capitalise on learnings and production benefits that can enable
reduced project execution risk, time and cost. We are thrilled to be able to
support Volstad Maritime once more,” says Egil Bremnes, sales manager at NES.

NES, which specialises in sustainable energy design and smart control, will
provide the equipment to the Grand Canyon II in connection with a vessel upgrade
in 2023. The company will manage the project from its headquarters in Bergen,
Norway. NES has not disclosed the value of the contract.

The battery pack on board the Grand Canyon II will be installed in a container
below the deck, which can be a more cost-efficient solution than building a
dedicated battery room. Delivering the battery system in a container also allows
NES to conduct extensive testing of the equipment prior to deliver, allowing the
yard stay to be shortened correspondingly.

Similar to its sister vessel, the Grand Canyon II is a 127.5 long and 25 metres
wide offshore construction vessel. It is equipped with a 250-tonne offshore
crane. The vessel is currently on a firm charter with Helix Energy Solutions
until 2027.

Further, in June this year, Volstad Maritime also contracted NES to deliver the
battery pack and control system in connection with a battery power notation
upgrade of the M/S Volantis subsea construction vessel.

Volstad Maritime, headquartered in Aalesund, Norway, was one of the first
offshore owners to achieve the ISO 50001 accreditation for Energy Management
Standard. Installing batteries on board Grand Canyon II, Grand Canyon III and
Volantis will take these efforts a significant step forward.

NES is a subsidiary of HAV Group ASA, which is listed on Euronext Growth Oslo.
NES operates in Bergen (HQ), Egersund and Ålesund in Norway, and Istanbul,
Turkey.

For further information, please contact:
Gunnar Larsen, CEO
gunnar.larsen@havgroup.no
+47 901 05 694

About HAV Group | www.havgroup.no
The HAV Group is an international provider of technology and services for
maritime and marine industries, listed on Euronext Growth under the ticker code
HAV. The group comprises four subsidiaries with several decades of combined
experience in the industry, in addition to special expertise in guiding the
marine and maritime industries through the green shift and towards the goal of
zero emissions.

About Norwegian Electric Systems AS
Norwegian Electric Systems is a world-leading total supplier of low and
zero-emission propulsion and control systems for a wide range of vessels for the
global marine market:

• Energy Design - knowledge about vessel operations and competence in
integrating the latest available energy sources allows us to design optimal
propulsion systems. Norwegian Electric Systems designs efficient and
environmentally friendly solutions, creating added value for the customers.

• Smart Control - new requirements and demand for more efficient and safe
operations calls for smarter vessels. Flexible software platforms and new
solutions for navigation, automation, and control ensure safety through smart
and easy operation.

We are a committed partner for safe shipping, lower emissions and added value
for our customers. Our focus is to be a collaborator and a system supplier,
designing optimal propulsion systems for vessels and control systems.

NES is based in Bergen and has branches with core expertise in Ålesund and
Egersund in Norway, plus an office in Istanbul, Turkey.

To learn more about us, visit: www.norwegianelectric.com

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