03/28/2019

Fred Olsen Acquires 50% of United Wind Logistics

UWL offers transport solutions within marine transportation of various offshore wind turbine components such as blades, nacelles, towers and foundations from manufacturing sites to pre-assembly ports closer to offshore wind farm sites on a world-wide basis.

The operations of UWL are presently performed with chartered tonnage. UWL has a new building program for up to four vessels at the Jiangsu Zhenjiang Shipyard in China, of which the first two vessels have been ordered and are expected to be delivered in 2020.

The company offers turn-key logistic solutions for its clients, including but not limited to, complete project management, securing suitable tonnage, design and procurement of grillage/stacking frames, lashing and securing concepts and lifting appliances as a part of the complete marine logistics scope.

“The investment in UWL marks an expansion of FOO’s footprint within the offshore wind service industry and will further strengthen our presence in the logistics and installation value chain for offshore wind”, says Even Larsen, CEO, Fred. Olsen Ocean.