Fayard A/S
LeaveRussia detail: Continue Operations
FAYARD A/S is a large, modern and efficient repair yard with 4 dry docks, superior cranes and plenty of quays to meet any requirements.
Business in Russia
Fayard A/S, a large Danish shipyard based in the port of Odense, is the last EU shipyard still servicing the specialized Arc7 LNG tankers that provide Arctic gas exports from Russia.
Decision trail
Decision date 13/01/2025 · Reference ↗
Ice-class tankers transporting Russian liquefied natural gas from the Yamal LNG plant continue to be serviced in European ports. A ban on working with them would greatly complicate the logistics of transporting LNG from the Arctic, but for now the EU is only increasing its purchases. Technical maintenance of 14 out of 15 specialized Arc7 tankers delivering LNG from Yamal to Europe was carried out by two shipyards – Damen in Brest, France, and Fayard A/S in Denmark.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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