- NYK has placed its first order with a Japanese shipyard for a crew transfer vessel.
- The construction of the vessel domestically underscores NYK’s commitment to supporting local industries.
- Japan’s offshore wind power sector is expected to burgeon around 2026.
NYK has placed its first order with a Japanese shipyard, Kosaba Shipbuilding Corporation, for a crew transfer vessel (CTV).
The vessel, scheduled for delivery in late 2025 or 2026, will transport technicians to construct and maintain offshore wind power generation facilities in Japan.
By expanding its fleet of CTVs, NYK aims to promote sustainable energy and play an active role in the offshore wind industry, reports NYK.
Contributing to the Japanese Shipbuilding Industry
NYK’s order contributes to the revitalization of the Japanese shipbuilding industry and marine sectors.
The construction of the vessel domestically underscores NYK’s commitment to supporting local industries and job creation.
Partnership and Technology Transfer
NYK collaborates with Northern Offshore Service (Sweden) for the vessel’s design, to adopt the core hull form.
Northern Offshore Service, a subsidiary of Northern Offshore Group AB, brings extensive expertise in CTV operations from Europe.
Market Outlook and Strategic Investment
Japan’s offshore wind power sector is expected to burgeon around 2026, driving demand for CTVs.
NYK’s investment aligns with its medium-term management plan, aiming to invest 43 billion yen in the offshore wind power value chain by fiscal 2026.
The vessel’s construction reflects NYK’s commitment to ongoing investment in Japan’s offshore wind industry.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: NYK
Good post! We will be linking to this particularly great post on our site. Keep up the great writing