Bold Tern awarded Global Tech I Transport & Installation contract

Fred. Olsen Windcarrier International Ltd., which is indirectly owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has been awarded an additional transport and installation contract by the German company Global Tech I Offshore Wind GmbH for the installation vessel "Bold Tern".

The Bold Tern will join her sister vessel Brave Tern, which commenced work on the Global Tech I wind farm project in December 2013, for the transport and installation work of Areva 5MW wind turbines and associated equipment in the German exclusive economic zone (EEZ).

The contract for Bold Tern commences immediately and is expected to last for about four months. The scope of work includes the provision of installation technicians from Global Wind Service A/S (DK) a company indirectly owned 51% by Bonheur ASA and Ganger Rolf ASA.