Wind Energy – work vessels
Japan-based shipping in giant Mitsui O.S.K. Lines (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.
The companies aim to open up new business opportunities for work vessels that will be required for offshore wind power projects, based on the demand for vessels related to offshore wind power business in Japan and overseas.
“The companies will meet the demand for various types of work vessels in offshore wind power projects in Japan and overseas by combining MOL’s abundant track record in construction, ownership, and operation of vessels with Toyo Construction’s abundant knowledge of marine engineering and technological development in offshore wind power, and broadly contribute to value chains in the offshore wind power business, which is positioned as a key renewable energy source in the future,” MOL said in a statement.