Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict


Havila Voyages has received an exemption from the Norwegian Government to operate its hybrid cruise ship Havila Capella for a six-month period.

Earlier this month, Havila Capella was put out of service due to its insurance being impacted by sanctions against Russia for its Ukraine offensive.

This decision was a result of its being funded through a leasing company in Hong Kong that is owned by Russia’s GTLK.

In the six-month exemption period, the Norwegian shipping firm will work on refinancing the vessel, which operates between Bergen and Kirkenes, as well as changing its ownership.

The ultimate aim is to become 100% owned by Havila Kystruten Operations AS.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The dispensation from the Norwegian Ministry of Foreign Affairs has been granted in ‘accordance with §21 of the regulations on restrictive measures regarding actions that undermine or threaten Ukraine’s territorial integrity, sovereignty, independence, and stability’.

Speaking about the dispensation, Havila Voyages CEO Bent Martini said the decision confirms that the ship is not sanctioned and does not flout existing regulations.

However, he highlighted that certain suppliers ending agreements, having considered the vessel as sanctioned, presented a challenge.

Furthermore, the Ministry of Foreign Affairs stated that they have not taken a position on dispensation for insurance. The vessel’s insurance will need a special dispensation upon application from insurance firms.

Martini said that the firm is optimistic about also receiving this exemption and having its insurance coverage reinstated.  

Havila Voyages operates four eco-friendly vessels on the Bergen to Kirkenes coastal route.

These vessels are equipped with the world’s largest battery packs, which enable them to sail for four hours without emissions or noise.

They use natural gas when the batteries are low, reducing CO₂ by nearly 25%. The hulls of the ships are also designed to support optimum energy efficiency.