The Fred Olsen group is plotting an order for a new wind turbine installation vessel (WTIV) as renewables profit rolled in during the first quarter.
Oslo-listed holding company Bonheur said subsidiary Fred Olsen Windcarrier (FOWIC) aims to construct a fourth vessel to supplement the existing fleet, using "unique industry experience and client dialogues"
The idea is to reinforce the company's leading market position in what it calls a growing market, and secure optimisation of fleet utilisation and economies of scale.
