Fosen Yards has since 1962 been in the ownership of the Bye family, but in 2007 7 investors took over the yard. In August 2008 the company was bought by Bergen Group and renamed Bergen Group Fosen. In 2014 the shipyard was sold to Noryards and named Noryards Fosen. In october 2015 the company was restarted and named Fosen Yard. All together Fosen Yard can offer ship owners a large range of services, providing years of knowledge and experience in creating excellence for ship owners and their charterers/customers.