Fred. Olsen Ocean and Teekay Offshore form joint venture

Mr John B. Andersen, vice president business development in Fred. Olsen Windcarrier will lead this new initiative and the project team. “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,” said Andersen. The two companies are planning to co-develop a vessel that will allow technicians to access wind turbines in higher sea states at a lower cost. Sea trials will start in the end of 2017.