Fred. Olsen Windcarrier recently made an agreement with the Seafox International Group for the acquisition of a 51 percent ownership in the jack-up vessel Seafox 5.
By this move, Fred. Olsen Windcarrier will include this vessel under its commercial, technical, and administrative management as an integral part of their fleet of jack-up vessels for offshore wind. Singapore based Keppel Offshore and Marine Ltd. indirectly owns the remaining 49 percent of the vessel.
“We very much look forward to welcoming Seafox 5 to the Fred. Olsen Windcarrier fleet,” said Even Larsen, CEO in Fred. Olsen Ocean, the parent company of Fred. Olsen Windcarrier. “Seafox 5 is a highly capable vessel well suited to operate in the deepest waters and toward the most challenging offshore wind farms emerging in Europe, Asia, and the U.S. To us, this marks an important investment, and the vessel will be a perfect supplement to our current fleet. We believe in offshore wind, and this acquisition further strengthens our position in the growing global offshore wind market. For the Seafox 5, we look forward to partner up with Keppel Offshore and Marine Ltd., a highly reputable player within offshore marine solutions.”
Consequent on this the transaction, Fred. Olsen Windcarrier will be offering a fleet of three modern offshore wind transport & installation vessels, consisting of Seafox 5, Brave Tern and Bold Tern. Seafox 5’s first job under the Fred. Olsen flag will be the “Hohe See” project in 2019, where it will work side-by-side with the Brave Tern.
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