Petter's son Thomas Fredrik "Fred" Olsen (1857-1933) took the company from a small business with a few boats into a powerful multinational shipping and ship building business.
Petter's son Thomas Fredrik "Fred" Olsen (1857-1933) or Fred. Olsen, whom the compnay is named after, took the company from a small business with a few boats into a powerful multinational shipping and ship building business.