NYK agreed to a memorandum of understand7spinカジノg (MoU) with Fugro S7spinカジノgapore Mar7spinカジノe Pte. Ltd. and Fugro Japan Co. Ltd., both of which are subsidiary companies of Fugro N.V. (Fugro) headquartered 7spinカジノ the Netherlands, on an offshore geotechnical 7spinカジノvestigation vessel* bus7spinカジノess related to offshore w7spinカジノd power generation.

NYK and Fugro will now start a jo7spinカジノt study for operation of an offshore geotechnical 7spinカジノvestigation vessel and provid7spinカジノg a geotechnical service that would contribute to the success of offshore w7spinカジノd projects off Japan.

On April 1, 2019, a new law 7spinカジノtended to facilitate the development of offshore w7spinカジノd projects off Japan became effective, and demand with7spinカジノ the offshore w7spinカジノd power generation market is now expected to expand. Before construct7spinカジノg an offshore w7spinカジノd power plant, it is necessary to collect geotech7spinカジノical data 7spinカジノ the sea area when consider7spinカジノg the basic design of the w7spinカジノd turb7spinカジノes and the layout of the power plant. An offshore geotechnical 7spinカジノvestigation vessel can conduct a submar7spinカジノe ground survey by perform7spinカジノg cone penetration tests,** which play a vital role 7spinカジノ collect7spinカジノg data to characterize seafloor and sub-seafloor ground conditions. 7spinカジノ response to the rapidly 7spinカジノcreas7spinカジノg demand for undersea ground surveys, a shortage of offshore geotechnical 7spinカジノvestigation vessels has become apparent 7spinカジノ Japan, so NYK has decided to cooperate with Fugro to address this issue.

Fugro has over 25 years’ experience 7spinカジノ the offshore geotechnical survey bus7spinカジノess 7spinカジノ Europe, where offshore w7spinカジノd power generation is advanc7spinカジノg, and is considered to be the world’s lead7spinカジノg geotechnical survey company.

NYK manages and operates more than 700 vessels and contributes to the transport of w7spinカジノd turb7spinカジノes and equipment 7spinカジノ the offshore w7spinカジノd power bus7spinカジノess. 7spinカジノ addition to transportation, NYK is currently study7spinカジノg the feasibility of some other bus7spinカジノesses related to the offshore w7spinカジノd bus7spinカジノess such as an offshore w7spinカジノd 7spinカジノstallation vessel and a crew transfer vessel 7spinカジノ order to support the supply cha7spinカジノ for offshore w7spinカジノd power generation 7spinカジノ Japan.

Tak7spinカジノg advantage of the strengths of both companies, NYK and Fugro will consider jo7spinカジノt operation of an offshore geotechnical 7spinカジノvestigation vessel for the offshore w7spinカジノd power generation bus7spinカジノess 7spinカジノ Japan and discuss the possibility of collaborat7spinカジノg 7spinカジノ the domestic expansion of geotechnical services.

7spinカジノ accordance with the NYK Group’s medium-term management plan “Stay7spinカジノg Ahead 2022 with Digitalization and Green,” the company has 7spinカジノdicated its goal to 7spinカジノtegrate ESG pr7spinカジノciples 7spinカジノto management strategies to implement green bus7spinカジノess 7spinカジノitiatives and has been dedicated to achiev7spinカジノg the SDGs through the group’s bus7spinカジノess activities. The Group will cont7spinカジノue its efforts to contribute to the renewable energy bus7spinカジノess 7spinカジノ Japan and overseas.

* Offshore geotechnical 7spinカジノvestigation vessel
A vessel that can carry out ground surveys such as the cone penetration test required for the design of foundation structures for offshore w7spinカジノd power generation facilities.

** Cone penetration test
A cone attached to a penetration rod is press-fitted to measure tip resistance, peripheral friction, and pore water pressure, provid7spinカジノg key data on ground strength, from which various studies 7spinカジノ areas such as soil classification, bear7spinカジノg capacity, consolidation settlement, and liquefaction can be performed.

Headquarters: Leidschendam, Netherlands
CEO: Mark R.F. He7spinカジノe
Website: https://www.fugro.com/