Havyard Leirvik

What Havyard Leirvik does

Havyard Leirvik, operating commercially as Tersan Havyard, is a Norwegian shipyard headquartered in Leirvik i Sogn (Bøfjordvegen 260). The company provides four integrated vessel services: new ship construction (Nybygg), conversion and modification (Ombygging), repair and maintenance (Reparasjon og vedlikehald), and onboard service (Ombordservice) delivered at the vessel. All shipyard work is performed at a single facility equipped with an indoor dry dock, which the company identifies as its primary production asset and differentiator, enabling year-round, weather-independent work across vessel types.

Underlying operations depend on traditional shipbuilding craftsmanship rather than disclosed proprietary technology or automation systems. The indoor dry dock is the central technical asset, permitting construction, conversion, and repair regardless of weather. The company markets itself as a lifecycle service provider for shipping operators, with stated focus on emission reduction and extension of vessel and equipment lifespan.

The business model is project-based B2B services sold directly to shipping companies and vessel operators through long-term project contracts. Revenue is generated via custom-quoted, one-time project engagements rather than subscription or licensing. The primary customer segment is enterprise maritime and shipping companies, with ESVAGT publicly identified as a recent newbuilding customer. The yard markets through its company website, career pages, and employee testimonials, and is a member of the Norwegian Maritime Small Business Association (NSSM). Ownership and parent company are not disclosed; the firm operates as a private independent shipyard.

Name

Havyard Leirvik

Legal name

Tersan Havyard

Website

https://tersanhavyard.no

Company type

Private

Founded year

1918

Operating status

Operating

Headcount range

51–100 employees

Short description

Havyard Leirvik (operating as Tersan Havyard) is a Norwegian shipyard in Leirvik i Sogn that builds, converts, repairs, and services vessels for shipping companies, operating from a single facility with an indoor dry dock.

Ownership category

akta.pro rank

Product category

Shipyard and Marine Repair Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Dry Docking & Dockyard Operations (Graving/Floating Docks, Docking Services) (TLAHAMAA)

akta.pro secondary industries

Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Commercial Ship Repair & Drydocking (TLAKAKAA), Yard Layout & Production Facilities (Assembly Bays, Block Fabrication Shops, Warehouses) (IMAJALAG)

Keywords

• Ship construction services
• Vessel repair maintenance
• Ship conversion services
• Maritime onboard services
• Shipyard drydock services

Headquarters

HQ city

Leirvik I Sogn

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Shipbuilding and Repair Services: Project-based revenue from new ship construction, conversions, repairs, maintenance, and onboard services for various vessel types. Revenue is generated through long-term project contracts with shipping companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Havyard Leirvik is a Norwegian shipyard providing full ship lifecycle services: new ship construction (Nybygg), vessel conversion (Ombygging), repair and maintenance (Reparasjon og vedlikehald), and onboard service (Ombordservice). The yard operates from Leirvik i Sogn, Norway, with indoor dry-dock facilities, and serves commercial shipping companies and vessel operators.

Product overview

Tersan Havyard is a shipyard offering a unified suite of shipbuilding and maritime services. The portfolio comprises four core service areas: Nybygg (new ship construction), Ombygging (ship conversion/rebuilding), Reparasjon og vedlikehald (repair and maintenance), and Ombordservice (onboard service). All operations are conducted in an indoor drydock facility. The company emphasizes traditional craftsmanship across generations, with solutions focused on reducing emissions and extending the lifespan of ships and equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Nybygg (New ship construction) New ship construction service where Havyard Leirvik builds vessels for commercial shipping companies and vessel operators at its Norwegian shipyard.
• Ombygging (Conversion) Vessel conversion service covering modification and refit of existing ships for commercial shipping companies and vessel operators.
• Reparasjon og vedlikehald (Repair and maintenance) Repair and maintenance service for vessels, performed at the Leirvik i Sogn yard including its indoor dry-dock facility, for commercial shipowners and operators.
• Ombordservice (Onboard service) Onboard service delivered to client vessels, providing shipyard expertise at the ship's location rather than at the yard.

Quantifiable outcome

• Solutions reduce emissions and increase lifespan of ships and equipment

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• NSSM (Norsk Sjøfart Småbedrifter)minorOthersMember of Norwegian Maritime Small Business Association (NSSM), demonstrating participation in Norwegian maritime industry community and adherence to industry standards.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Kleven Maritime AS: Norwegian shipyard historically focused on offshore service vessels and expedition cruise ships. Comparable as a Norwegian newbuild and conversion yard serving offshore and shipping operators with similar vessel scope.
• Fiskerstrand Verft AS: West Norwegian shipyard delivering newbuild, conversion and repair for ferries, fishing and offshore vessels. Comparable regional Norwegian yard with similar lifecycle-service approach and customer profile.
• Aas Mek Verksted AS: Small-to-mid Norwegian shipyard on the west coast offering newbuild, repair and maintenance of offshore, fishing and smaller commercial vessels. Closest direct comp by size, geography and service mix to Havyard Leirvik.
• Ulstein Verft AS: Norwegian shipyard in Ulsteinvik building and servicing offshore vessels, including SOVs and wind farm support ships. Directly comparable mid-size Norwegian newbuild, conversion and repair yard with a similar offshore-vessel customer base.
• Myklebust Verft AS: Norwegian shipyard in Gursken specializing in newbuild and repair of offshore, fishing and specialized vessels. Comparable regional Norwegian yard competing for similar small-to-mid offshore and shipping contracts.

Broad incumbents

• Aker Solutions ASA: Large Norwegian engineering and offshore-services company active in offshore vessel design, maintenance and modifications. Comparable as a domestic provider of vessel life-extension and modification services, though with a much broader offshore-energy portfolio.
• Vard Group AS: Norway's largest shipbuilder and a Fincantieri subsidiary operating multiple yards. Comparable as a domestic shipbuilding incumbent serving the same Norwegian offshore, fishing and cruise segments, but at far greater scale and with broader vessel portfolio.

Regional players

• Havyard Group ASA: Norwegian maritime design and technology company (not the same corporate entity as Havyard Leirvik) supplying ship design and hybrid/zero-emission propulsion systems to yards including the Norwegian shipbuilding ecosystem. Comparable as a Norwegian maritime ecosystem participant enabling similar shipbuilding and decarbonization projects.
• Westcon Yards AS: Norwegian group operating Florø and other Nordic yards focused on offshore, fishing and aquaculture vessels. Comparable regional Norwegian multi-yard operator competing for similar small-to-mid offshore newbuild and conversion work.

Emerging players

• Tersan Shipyard: Major Turkish shipbuilder whose name appears in Havyard Leirvik's legal entity ('Tersan Havyard'), suggesting a group relationship. Comparable as a global shipbuilder active in offshore, fishing and specialized vessel newbuild, but operating at a very different scale and geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/havyardleirvik.no
• LinkedInlinkedin.com/company/tersanhavyard

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Havyard Leirvik