Fred. Olsen Ocean Ltd. was established in 1993 under the name of First Olsen Tankers Ltd. and then First Olsen Ltd. Since 2014, the company operates as Fred. Olsen Ocean Ltd. The company has its registered office in Hamilton, Bermuda with the operational headquarters in Oslo, Norway. It shares the office with Fred. Olsen Ocean AS, the agent to owner.
Fred. Olsen Ocean Ltd. is wholly owned by the Norwegian stock listed company Bonheur ASA (BON on OSE ticker). Bonheur ASA is managed by Fred. Olsen & Co and controlled by the Fred. Olsen family.
The company’s main activities relate to a variety of operations, services and products in both on- and offshore wind and technical marine services.
Fred. Olsen Ocean is the parent of the below companies:
Currently Fred. Olsen Ocean has offices in Bermuda and Norway, with subsidiary offices across the world employing over 800 people, with around 60 employed at the Oslo office.