NYK establishes joint venture for offshore wind power projects

Japanese shipping company Nippon Yusen Kaisha (NYK Line) jointly established a ship-management company in December together with Akita Eisen KK. Its business activities will include ship management and operation related to offshore wind power generation projects centered on CTVs.

The aim of the joint venture, Japan Offshore Support Co., Ltd. (JOS), is to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarers.

The shareholders of the joint venture will be Nippon Yusen Kabushiki Kaisha with 51% and Akita Eisen KK.

It is worth mentioning that the capital for Japan Offshore Support Co. was 100 million yen. The head office will be in Akita City, Akita Prefecture.

The new company, Japan Offshore Support Co., Ltd. (JOS), will contribute to the development of offshore wind power projects and the revitalization of the local community in Akita Prefecture.

NYK has been working with Akita prefecture since 2022 in a wide range of fields, including the promotion of renewable energy projects and the development of related human resources.

JOS will be mainly responsible for the maintenance and management of crew transfer vessels (CTV) for offshore wind power generation.

“By leveraging the experience of operating ships at Ishikari Bay New Port in the offshore shipping and offshore wind power businesses, the knowledge gained from the collaborative partner for CTVs, Northern Offshore Services, and the foundation and know-how of Akita Eisen KK as a local company, we will provide safe, efficient, high-quality services on an ongoing basis and contribute to the stable supply of electricity from offshore wind power generation in Japan,” NYK said.