Finland’s Enersense sells Pori shipyard to Canadian firm Davie
The Canadian shipbuilder previously bought the Helsinki Shipyard, setting its sights on expanding its capabilities for Arctic shipbuilding.
Finnish company Enersense is selling its subsidiary Enersense Offshore — the Mäntyluoto shipyard in Pori — to Canadian-owned shipbuilding group Davie, which also owns the Helsinki Shipyard.
The deal, announced Tuesday, is valued at approximately 7.5 million euros. Of that, five million euros will be paid at closing, and the remaining 2.5 million euros six months later. The transaction is expected to be completed by the end of September 2025.
About 100 employees work at the Pori facility. According to the statement, they will continue under the new ownership. At the moment, most of them are temporarily furloughed.
Partnership strengthens Helsinki shipyard’s capabilities
Once the deal is finalised, Helsinki Shipyard will become the only specialised shipbuilder in Finland with an independent capacity to deliver vessels from design to final delivery — supported by production at the Mäntyluoto yard.
The two yards will collaborate closely, especially on upcoming large-scale Arctic projects.
In March, Helsinki Shipyard signed a contract with the Canadian government to build the hull of a heavy-duty icebreaker. Steel production for the ship will begin in Pori as soon as possible, while final assembly will start in Helsinki in August. The vessel will ultimately be completed at Davie’s shipyard in Canada.
“This agreement strengthens the competitiveness of both our company and the entire Finnish shipbuilding industry by securing steel supply for several critical projects,” said Davie CEO James Davies.
“Most importantly, it ensures the future of our highly skilled workforce and brings added stability for our customers and partners.”
Boost for underused yard in Pori
The Mäntyluoto yard has long been underutilised and has seen several owners over the years. It was previously known for specialising in offshore oil rig platforms.
The deal is seen as a significant win for the city of Pori, bringing renewed activity to a key industrial facility with deep historical ties to Finnish engineering and manufacturing.
Related stories from around the North:
Canada: Is the promise of military icebreakers political theatre or sensible policy?, CBC News
Russia: New New Shipping, Rosatom to build container ships for year-round Arctic sailings, The Independent Barents Observer
