Havila Voyages has reached a significant milestone, reporting its first-ever profit in the second quarter, overcoming initial delays in ship delivery.
- Revenues soared to NOK 662 million (£48 million), more than doubling from the previous year, thanks to higher occupancy and increased cabin revenue.
- CEO Bent Martini expressed satisfaction with the results, highlighting the improved income and occupancy rates as indicators of the company’s growing market recognition.
- The company achieved a 36% reduction in CO2 emissions, exceeding the requirement set by the Ministry of Transport.
- Havila Voyages is optimistic about future sales and occupancy, supported by an increased brand recognition and environmentally friendly initiatives.
In a remarkable turnaround, Havila Voyages has reported its first profit in the second quarter, following a challenging start hampered by delayed ship deliveries. The company’s revenues surged to NOK 662 million (£48 million), more than doubling from the previous year, primarily due to increased occupancy and higher average cabin revenue on its four hybrid-powered ships operating between Bergen and Kirkenes.
CEO Bent Martini conveyed his pride in achieving a positive operating result, noting the importance of this milestone for the company and its stakeholders. “It is very gratifying to present a positive operating result,” he stated, emphasising the significance of the achievement after the initial difficulties faced by the company.
The growth was further bolstered by a 36% reduction in CO2 emissions, significantly surpassing the required 25% reduction mandated by the Ministry of Transport. Havila Voyages has not only met but exceeded the environmental standards, showcasing its commitment to sustainable practices. Martini remarked, “We aim to further reduce our environmental footprint, and we have proven that it is possible to take measures that benefit the climate and environment today, not just in the future.”
The positive reception from both coastal communities and passengers has given Havila Voyages confidence in increased sales and occupancy for the following year. Martini pointed out that the current year’s prices have been affected by ticket sales from previous years and re-bookings due to the delayed delivery of the last two ships. However, the company has seen substantial growth in direct digital sales through its own channels.
Havila Voyages continues to strengthen its brand, looking forward to elevated demand for its modern and environmentally-conscious ships. The company’s efforts in reducing food waste further align with its goal to minimise greenhouse gases, a move that Martini described as economically sensible due to its benefits in cost efficiency.
Havila Voyages’ strategic focus on operational efficiency, sustainability, and market recognition underscores its optimistic outlook for continued success.
