First Olsen Tankers Ltd AS is a Norwegian shipping company owned by Ganger Rolf ASA and Bonheur and affiliated with Fred. Olsen & Co. The company is registered in Bermuda.
First Olsen Tankers Pte. Ltd. owned the largest ULCC ever built, Knock Nevis, built in 1979 by Sumitomo Heavy Industries Marine & Engineering Co., Ltd. that operated as a floating storage and offloading unit until she was scrapped in 2010.
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