Fred. Olsen and Teekay form offshore wind JV

Fred. Olsen Ocean and Teekay Offshore Partners have formed a joint venture to develop a new vessel design for the offshore wind market.

The two companies said they will co-develop a vessel that allows technicians to access wind turbines in higher sea states at a lower cost.

John B. Andersen, vice president of business Development at Fred. Olsen Windcarrier and leader of the new initiative, commented: “We are very excited to work with Teekay and we see great potential in developing a vessel that fills the gap between crew transfer vessels (CTVs) and service operations vessels (SOVs) in the offshore wind space.”

The new vessel is being heralded as a game changer and sea trials are scheduled to start at the beginning of 2017.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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