HAV Group ASA: Cemre chooses NES for twin hull SOVs

Cemre Shipyard has awarded HAV Group ASA's subsidiary Norwegian Electric Systems
AS (NES) a contract to deliver energy design, and smart control systems for two
"Windkeeper" service operations vessels (SOV) that the Turkish shipyard is
building for GC Rieber Shipping. 

NES' scope of work is to manage the complete energy design plus act as system
integrator for the vessels' power system and smart control set-up. NES will
supply frequency converters and electric motors for the propulsion system,
battery system, transformers, main DC and AC switchboards, integrated automation
system, integrated navigation system and dynamic positioning system. 

This is a substantial contract for NES and HAV Group. 

"The primary purpose of tailoring the vessels' energy design and smart control
system is to meet the vessels' strict requirements for redundancy, and in an
extension of this optimised energy efficiency.  In turn this translates directly
to lower operating costs and emissions to air," says sales manager at NES, Egil
Bremnes. 

The unique vessel design requires a power system topology that has a high number
of redundancy zones. NES, together with the GC Rieber team, have developed a
game changing energy design that can be operated with a minimum of engines
running. The degree of safety in combination with minimum fuel consumption is
achieved by using NES portfolio of products, such as ESS, Quadro Master, Odin`s
eye and smart control. 

"These are highly innovative vessels, and we are delighted that Cemre Shipyard
and GC Rieber Shipping have trusted NES with the task of making them as energy
efficient as possible. It has been a privilege to work with both GC Rieber and
Cemre on this delivery. Two highly competent companies with equal competent
project teams," Bremnes adds.

The Windkeeper SOVs are based on small waterplane area twin hull (SWATH)
methodology and design, which offers the offshore wind market improved
operability, ultra-low fuel consumption, and the option of fully electric
operations in the field.

NES will design, assemble, and test the systems at its headquarters at Godvik
outside Bergen, Norway. The company's facilities in Egersund and Ålesund, Norway
will also support the project. Delivery of the equipment is planned for
beginning of 2024. 

The recently established NES office in Istanbul, Turkey, will contribute with
local yard support and commissioning.  

NES is a subsidiary of HAV Group ASA, which is listed on Euronext Growth Oslo. 

GC Rieber Shipping is a shipowner and project house with a focus on developing
profitable and sustainable maritime projects.

For further information, please contact:
Gunnar Larsen, CEO
[e-mail]
[phone]

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:

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

o 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 - ensures safety by smart and
easy operation.

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

NES is based in Bergen and has branches with core expertise in Ålesund, Egersund
and Istanbul. 

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

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Daniel Kopperstad, Head of Legal Affairs, on 27
January 2023 at 08:00 CET.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange