Shipping/Offshore wind

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The segment consists of Fred. Olsen Windcarrier AS, a company providing transport and installation services for the offshore wind industry and Universal Foundation Norway AS, a company offering innovative offshore wind turbine foundations. Both companies are indirectly owned 100% through Fred. Olsen Ocean AS.

Fred. Olsen Windcarrier was established in the beginning of 2008 to meet the increasing demand for offshore wind turbine installation vessels and related marine service vessels. The Company focuses on providing clients with efficient and cost effective transport, installation and service solutions.

The Company has its offices in Oslo - Norway, Fredericia - Denmark, Lowestoft - UK and Pieta - Malta.

Fred. Olsen Windcarrier AS owns 75.5% of the danish company Global Wind Service A/S, an international supplier of qualified and skilled personnel to the global wind turbine industry. Fred. Olsen Windcarrier AS and Global Wind Service A/S each own 50% of Fred. Olsen Windcarrier Denmark A/S

The fleet consists of two self-elevating self-propelled jack-up installation vessels for offshore wind turbines and eight crew vessels.

Universal Foundation Norway AS delivers integrated projects to the offshore wind industry based on the innovative suction bucket foundation for wind turbines and meteorological masts.