Mitsui O.S.K. Lines (MOL) and Fukada Salvage & Marine Works have signed a memorandum of understanding (MoU) to explore cooperation on transportation and installation vessels for floating offshore wind turbines.
Against the backdrop of achieving carbon neutrality by 2050, the companies expect an uptick in demand for floating offshore wind turbines in the Japanese market during the 2030s. The country has relatively few shallow coastal areas suitable for bottom-fixed projects, so floating developments in deepsea areas look set to be the system of choice. Such prjects are expected to be built in the country’s Exclusive Economic Zone (EEZ).
Because of this, MOL and Fukada intend on establishing a joint ownership and operation system for new vessels that are suitable for the transportation and installation of floating offshore wind turbines, along with a procurement framework for mooring systems.
Last month, MOL took delivery of Prima Verde.