Wind Service

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The segment consists of Fred. Olsen Windcarrier, Global Wind Service and United Wind Logistics. The companies are owned 100%, 92% and 50%, respectivly, through Fred. Olsen Ocean.

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 fleet consists of three self-elevating self-propelled jack-up installation vessels for offshore wind turbines. The Company has its offices in Oslo - Norway, Fredericia - Denmark, Lowestoft - UK, Pieta - Malta and Taipei - Taiwan.

Global Wind Service (GWS) is an international supplier of installation services, blade repair services and expertise to the global onshore and offshore wind turbine industry.

United Wind Logistics GmbH (UWL), is a company offering services within marine transportation of offshore wind turbine components. The company took delivery of two newbuilds and purchased the vessel VestVind 1 in 2020. By end of the year the company had three owned vessels performing logistical services to the wind industry, of which two on long-term charter to MHI Vestas. The company is also engaged in logistical projects related to the emerging offshore wind activities in the Asia Pacific (APAC) region.