NYK Line Acquires Stake in N-O-G to Boost Offshore Wind Industry in Japan

contract-signing.jpg
NYK Line has partnered with Northern Offshore Group (N-O-G) to tap into the growing offshore wind industry near Japan. With over 60 crew transfer vessels globally, N-O-G will benefit from NYK's global network for technical development, while NYK gains operational experience for the expanding offshore wind market in Japan.
Share it now

NYK Line has recently become a co-owner of Northern Offshore Group (N-O-G), a crew transfer vessel (CTV) operator, in anticipation of the growing offshore wind industry closer to Japan. N-O-G currently operates over 60 CTVs globally and has had a collaborative relationship with NYK since 2019. With this investment, N-O-G will benefit from NYK’s global network for technical development and growth, while NYK gains operational experience for the expected expansion of offshore wind in Japan.

David Kristensson, CEO of N-O-G, will continue to lead the company with full support from NYK. Carl-Johan Hagman, NYK executive officer, has been appointed as chairman of N-O-G’s board of directors. The collaboration between NYK and N-O-G is based on shared values and vision for the future, aiming to enhance global presence and improve services for customers in the maritime industry.

Both NYK and N-O-G are committed to the highest operational quality standards and aim to pioneer marine technical solutions for lower environmental emissions, with a goal of achieving zero emissions by 2050. The partnership will allow N-O-G to maintain its independent identity while benefiting from the resources of the wider NYK Group. Together, they look forward to shaping the future of the offshore wind industry with innovative solutions.

Source

 

Share it now