Building on more than 175 years of experience with wind, floating structures and various marine and other operations.
The origin of Fred. Olsen & Co. dates back to 1848 when the Fred. Olsen family first entered the ship owning business. Whilst some Fred. Olsen-related activities come from investments initiated by Bonheur, others are and remain private - but they all stem from the initial private entrepreneurship back in 1848
Over the years, related companies have diversified into other activities, from aviation to shipbuilding, oil and gas exploration and development services. Today energy-related investments are focused on renewable energy and the development of a strong eco-system of renewable energy related companies.
Timeline in years
1848
Family shipping business is founded in Hvitsten, Norway
Frederik Christian Olsen acquires the schooner Johanna Christine
1897
First steamship in fleet
Fred. Olsen's first steamship, The Bayard, is delivered from Nylands Verksted
1912
Early passenger services
The luxuriously fitted Bessheim enters service on The Newcastle line
1914
Enters shipbuilding
Aker Yard
1914
First motorship in fleet
Brazil
1920
Bonheur listed on Oslo Stock Exchange
1929
First tanker in fleet
Borgny II
1935
Commercial aviation
Fred. Olsen & Co. enters commercial aviation
1967
Drilship
Enter offshore drilling
1987
Fred. Olsen Cruise Lines
The Black Prince is converted to a dedicated cruise ship
1992
Enters renewables
First Fred. Olsen Renewables wind farm in the south of Scotland
2009
Wind turbine services
Acquires a major stake in Global Wind Service
2019
Offshore wind logistics
Fred. Olsen Ocean acquires 50% of United Wind Logistics
2021
Floating solar power
Floating solar power projects with the Solar Energy Institute of Singapore and Ocean Sun
2021
Offshore wind developer
Fred. Olsen Seawind is formed to invest in Offshore wind development
2021
Technologies for tomorrow's sustainable energy solutions
Fred. Olsen 1848 established