Ovastevna is held to commemorate Ove Joensen from Nólsoy. He rowed from the Faroe Islands to Denmark in a traditional Faeroese boat in 1986. In 1987 Ove drowned in Skálafjørður-inlet where he fell overboard. The profit from the festival is used to build a swimming pool for the children in Nólsoy. Ove originally started this project after his row to Denmark.
Ovastevna always takes place at the beginning of August and is one of the most popular festivals in the Faroe Islands.
Read more about Ovastevna here.