Hey,
all image sizes are defined in functions.php. By default they're:
$avia_config['imgSize']['widget'] = array('width'=>36, 'height'=>36 ); // small preview pics eg sidebar news
$avia_config['imgSize']['post-format-image'] = array('width'=>630, 'height'=>999, 'crop'=>false); // big images for post format image and gallery posts
$avia_config['imgSize']['fullsize'] = array('width'=>930, 'height'=>930, 'crop'=>false); // big images for lightbox and portfolio single entries
$avia_config['imgSize']['featured'] = array('width'=>930, 'height'=>340); // images for fullsize pages and fullsize slider
$avia_config['imgSize']['portfolio'] = array('width'=>450, 'height'=>335); // images for portfolio entries (2,3,4 column)
//dynamic columns
$avia_config['imgSize']['dynamic_1'] = array('width'=>446, 'height'=>151); // images for 2/4 (aka 1/2) dynamic portfolio columns when using 3 columns
$avia_config['imgSize']['dynamic_2'] = array('width'=>609, 'height'=>210); // images for 2/3 dynamic portfolio columns
$avia_config['imgSize']['dynamic_3'] = array('width'=>688, 'height'=>151); // images for 3/4 dynamic portfolio columns
However you can adjust the height values without breaking something. Afterwards regenerate the thumbnails with: http://wordpress.org/extend/plugins/regenerate-thumbnails/