Fosen Yard
Norwegian shipyard with traditions dating back to 1918, offering newbuilding, conversion, and services for the aquaculture industry.
Last updated September 2, 2026
Overview
Fosen Yard is a Norwegian shipyard with ship-building traditions dating back to 1918. It offers newbuilding, conversion, and services for the aquaculture industry. The company operates a shipyard in Rissa with a large drydock and two outfitting quays, and also has facilities in Stralsund operated as Fosen Yard Stralsund GmbH.
History
The company's history dates back to 1918, when Frengen Slip and Motorverksted in Fevåg was established. In 1962, Jens Petter Bye bought the business and ten years later moved it to Kvithyll in Rissa and established Fosen Mekaniske Verksteder AS. Ownership was later taken over by Bye's daughter Anna-Synnøve Bye. In 2008, the company was purchased by Bergen Group, which sold the shipyard on to Ukrainian Calexco in 2014. After the acquisition it was named Noryards Fosen, but soon ran into financial difficulties and had to file for bankruptcy the year after. A few weeks later, the new operating company Fosen Yard was established and could soon announce it had secured major conversions for five vessels in the Hurtigruten fleet. In 2019 part of Nordseewerke GmbH joined Fosen Yard Group under the name Fosen Yard Emden GmbH. However, due to the impacts of COVID-19 and the lack of dry-docking facilities, securing new contracts became so challenging, that the operations were ceased in the summer of 2022. On 1 July 2022 Fosen Yard leased a large part of Volkswerft in Stralsund, which will be operated under the name Fosen Yard Stralsund GmbH.
Sources
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