First Olsen Ltd, until 2005 known as First Olsen Tankers, is a
Norwegian shipping company owned by
Ganger Rolf ASA and
Bonheur and affiliated with
Fred. Olsen & Co. The company is registered in
Bermuda and headquartered in
Oslo. The company was established in 1993 and remained listed on
Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...
from then to 1999. It bought Fred. Olsen Marine Services in 2005. As of 2011 it operates two
suezmax
"Suezmax" is a naval architecture term for the largest ship measurements capable of transiting the Suez Canal in a laden condition, and is almost exclusively used in reference to tankers. The limiting factors are beam, draft, height (because ...
tankers, one
very large crude carrier
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined cru ...
and two suezmax converted to
floating production storage and offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...
units.
First Olsen Tankers owned the largest
ultra large crude carrier
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crud ...
ever built,
''Knock Nevis'', built in 1979 by
Sumitomo Heavy Industries
(SHI) is an integrated manufacturer of industrial machinery, automatic weaponry, ships, bridges and steel structure, equipment for environmental protection, including recycling, power transmission equipment, plastic molding machines, laser proces ...
that operated as a
floating storage and offloading unit until she was scrapped in 2010.
References
Det Norske Veritas - DNV Exchange - First Olsen Tankers Pte. Ltd.
External links
Official site
{{Authority control
Tanker shipping companies
Shipping companies of Norway
Fred. Olsen & Co.
Companies based in Oslo
Non-renewable resource companies established in 1993
1993 establishments in Norway
Companies formerly listed on the Oslo Stock Exchange