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QUALITY - ON TIME - ALWAYS

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QUALITY - ON TIME - ALWAYS

2 3A modern and efficient shipyard close to you2

FAYARD A/S is located next to the transit route T in the Great Belt as well as the transit route Kiel-Baltics. Onshore we are close to highway E45 and E20 and International airports:

Copenhagen 1 ½ hourBillund 1 ½ hourHamburg 3 hours

GREAT LOCATION FOR THE NORTH SEA & THE BALTIC SEA 100 YEARS OF BEING ON TIME

FAYARD A/S is an owner-managed shipyard, founded by the Andersen family in 1916.

Under the leadership and ownership of the family through 3 generations and 100 years, the yard has expanded from a small boat builder’s yard into a large, modern and effi-cient repair yard with 4 dry docks, superior cranes and plenty of quays and workshops to meet any requirements on maritime vessels, jack-ups and semi-submersibles at a central location in Northern Europe.

The original name Fredericia Shipyard A/S was in 2010 changed to FAYARD A/S when moving to the new and larger facilities in Munkebo next to Odense centrally in Den-mark at the entry tothe Baltic Sea.

FAYARD A/S has a reputation for quality and we strive to always deliver your vessel on time. Our facilities, highly skilled staff, and in-novative IT solution for work safety permits ensure a fast and efficient workflow and we are known for a quick, safe and reliable ser-vice, suitable for both maritime and offshore assets.

Our staff’s valuable experience within mari-time and offshore repairs enable us to set a firm deadline for each project and stick to it in order to avoid any delays for our custom-ers, while keeping a transparent and good co-operation with our customers at all times. This means that you can achieve the highest possible earnings from your operation, while ensuring that all assets comply to authori-ties’ and classification societies’ regulations.

We look forward to the next 100 years with our everlasting promise:

Quality – On time - Always

QUALITY - ON TIME - ALWAYS

4 5A modern and efficient shipyard close to you4

REPAIROur facilities and highly skilled staff enable us to repair any kind of damage.We have gained our reputation through short lead times for repair projects, excellent quality and a minimum of docking time.

As with all other work at FAYARD, each project is assigned a dedicated project manager en-suring excellent communication and delivery within the agreed schedule.

CONVERSIONWe have the resources and the capacity to do all imaginable conversions, whether it is conversions into cable laying vessels, length-ening of vessels, accommodation projects or conversions of rigs and jack-ups. Typically, we combine conversions with upgrades of various systems in order to optimize opera-tion of the vessel, e.g. bulb exchange.

REBUILDWe also have great experience with life time extensions and are able to carry out the most challenging and extensive rebuilding projects within short and fixed delivery schedules while our high quality is maintained.

RETROFITWe are specialised in retrofitting ballast water treatment systems (BWTS), scrubbers/ Selec-tive Catalytic Reduction (SCR) systems and Engine LNG conversions etc as well as bulb, propeller and rudder to ensure operational efficiency and compliance. The unique key to successful installation is preparation of all interfaces and dependencies throughout the supply chain from engineering/design over maker’s timely delivery, installation, logistics to class approval capacity. Thousands of ves-sels are going for BWTS retrofit in the com-ing years. Get peace of mind by teaming up with makers and FAYARD to prepare BWTS in time – and avoid the rally.

OFFSHOREWe handle renewal surveys, special periodic surveys,upgrades and other work on rigs efficientlyand in a speedy manner. Our HSEQ set-up dedicated to safety, includes a work permit system that is second to none, and de-veloped specifically for offshore.

© Scandlines / Claus Lillevang

QUALITY - ON TIME - ALWAYS

6 7A modern and efficient shipyard close to youA modern and efficient shipyard close to youQUALITY - ON TIME - ALWAYS

8 9A modern and efficient shipyard close to you

MODERN DRY DOCKSIn 2011, we invested in 3 modern dock gates and an upgrade of the pumping systems for the docks with dock-pits to increase the docking efficiency. Due to these upgrades we can start working on your vessel only 3-4 hours after your arrival. The dock gates in 3 of our docks open or close in just 4 minutes.

BERTH AND OTHER FACILITIESFor offshore platforms and semi-subs, we have the required berth facilities. These may be used for the type of work that does not require dry docking.

ENVIRONMENTWe are fully committed to conducting our activities in an environmentally responsible manner.

In our attempt to run a yard that is as environ-mentally friendly as possible we have invest-ed in two state-of-the-art waste water treat-ment facilities with connections in the dock, for e.g. tank washing water. One set of tanks is connected to 3 of our docks and the other is connected to the large Dock 3.

CRANESCapacity up to 1,000 tonnes

REPAIR BERTH700 m Max. draught 7.5 m

CONSTRUCTION & ASSEMBLY HALLS8,000 m2

SLOP / TANK WASHING WATER DISPOSAL FACILITIESUp to 1,600 m3

ELECTRICAL SHORE POWER (at each dock)1000 A - 440 V - 60 Hz1200 A - 400 V - 50 Hz

TOTAL AREA165,000 m2 - hereof 62,000 m2 workshops

FACILITIESOur efficiently organised area includes 4 dry docks, 6 cranes, 3 construction & assembly halls, modern disposal facilities and on-site workshops.

DRY DOCKSDock 1 303 x 45 x 7 mDock 2 280 x 44 x 7 m dock-pit 6.2 x 6.2 x 2.4 mDock 3 315/415 x 90 x 8 m dock-pit 14.0 x 6.0 x 3.5 m 9.0 x 6.0 x 3.5 m Dock 4 145 x 30 x 8 m dock-pit 6.2 x 6.2 x 2.4 m

A StockB Pipe shopC Paint storeD Electrical workshopE Site office for projectsF Steel areaG Rudder/PropellerH Garbage/waste handlingI Recycling K Sloop-tank washing waterL Environment water dry docksM AdministrationN Storage areaP Parking

QUALITY - ON TIME - ALWAYS

10 11A modern and efficient shipyard close to you

PARTNERS AT OUR FACILITY

QUALITYAt FAYARD we want our clients to leave the fa-cilities with the highest quality of work done on their asset. To ensure constant focus on keeping our high quality, we have implemented the ISO9001:2008 quality system. The system covers all the processes in the yard, and it is certified by BV. Naturally, we are continu-ously improving our processes and systems.

HEALTH & SAFETYSince we hold our employees and the crews of visiting vessels in the highest regard, the working conditions at our facilities are kept up to date and aligned with our safety re-quirements. Along with our safety require-ments we demand a strict adherence to our safety policy in order to prevent accidents.

FAYARD has set the goal of achieving zero oc-cupational injuries and illnesses by continu-ously improving our prevention practices, awareness and controls.

The new FAYARD Permit System is an inno-vative IT system that controls work permits in a completely novel and 100% data based way. It warrants that safety is always under complete control and that no employees or subcontractor employees are subjected to hazards at any time.

A modern and efficient shipyard close to you 11QUALITY - ON TIME - ALWAYS

12 13A modern and efficient shipyard close to you

HSEQ EXCELLENCEIn 2011, we reengineered the way work permits are handled. Our aim was to make the process lean, while making sure that best practice HSEQ was achieved. We have accomplished a compre-hensive system which gives us a real-time over

view at any given time of currently active permits. The system also allows us to follow up immediately, if something is not according to our or customer rules.

SMART WORK PERMIT SYSTEMWhen an employee or contractor goes on-site, he will collect his hard-copy permit and sign-in by scanning it. Once the permit is scanned it is acti-vated, and the HSEQ site manager can see it in the permit overview. When going out of turn, the employee or contractor will scan out, and this can be seen in real-time by the HSEQ site manager. All data on the permit are extracted automatically from one source, which ensures coherence.

YOUR ADVANTAGEWe will initiate the permits in the system based on work orders, so that customers’ HSEQ site-man-agers can approve or reject them. Once they are approved, everything else runs automatically. You can always get an overview of current status in real-time, and you can take action immediately, if something out of the ordinary happens.

GET ON BOARDWe welcome you to review the system and convince yourself that it is an excellent supple-ment to your HSEQ work. By design, it guarantees compliance to both external and internal safety rules and regulations. 0

10

20

3040 50 60

70

80

90

100

DELIVERED ON-TIME

AVG. DOCK UTILIZATION

AVG. UNITS PER YEAR

TURNOVER SEGMENTS

PART OF TURNOVER FROM RETURNING CUSTOMERS

140

80,4%

0.9M

80%

Index210200180160140120100

2011 2012 2013 2014 2015 Offshore 25%

Marine70%

Other5%

3,0002,5002,0001,5001,0005000

100%DOCK AVAILABILITY

LOST TIME INCIDENT (hrs/yr)

AVERAGE WORKING HOURS PER YEAR

100%

Mar

ine

70%

Offsho

re25

%

Other

5%

0

500

1.000

1.500

2.000

2.500

3.000

2011 2012 2013 2014 2015

QUALITY - ON TIME - ALWAYS

14 15A modern and efficient shipyard close to you14

Thomas AndersenCEO

[email protected]+45 2073 6000

Ivan S. LarsenSales [email protected]+45 2161 5522

Bjørn Wienigk Senior Project Manager

[email protected]+45 2161 5529

Kenneth ThomsenSales & Calculation

[email protected]+45 2565 9145

Michael B. SkougaardSales & Calculation

[email protected]+45 2161 5534

Michael SommerSales & Calculation

[email protected]+45 2161 5578

YOUR CONTACTS

Uwe BeckFAYARD representative Central Europe

[email protected]+49 1520 838 6040 (Bremerhaven)

Jon LohmanCTO

[email protected]+45 2161 5521

Søren Skak PedersenSales & Calculation

[email protected]+45 2161 5523

Peter KristiansenArea Sales Manager

[email protected]+45 2161 5536

Jesper GravesenQHSE Manager

Sales & [email protected]+45 2161 5535

QUALITY - ON TIME - ALWAYS

FAYARD A/S | Kystvejen 100 | DK-5330 Munkebo | +45 7592 0000 | www.fayard.dk