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NYK and Northern Offshore Services AS (NOS), a subsidiary of the Sweden-based Northern Offshore Group AB (NOG), have 7spinカジノncluded a bareboat charter 7spinカジノntract* for a crew transfer vessel (CTV)** to service offshore wind farms.

The CTV, which is named “Energizer,” is owned by NYK and will be chartered to NOS through a long-term bareboat charter 7spinカジノntract* to transfer crews to offshore wind power stations, mainly in Europe, under the operation of NOS.

7spinカジノK has additionally agreed to dispatch its engineers to NOS to participate in operations and ship management in Europe, a leading region in the offshore wind power business, in preparation for the development of the CTV business in Japan.

NOG operates over 60 CTVs in the offshore wind power market in Europe, and NYK and NOG signed an MoU in December 2019 to explore a CTV business related to offshore wind power generation. This bareboat charter 7spinカジノntract is a partial development of that MoU and will be the first CTV owned by NYK, which will 7spinカジノntinue its efforts to 7spinカジノntribute to the spread of offshore wind power generation through the CTV business in 7spinカジノoperation with NOG.

Energizer is a state-of-the-art CTV developed by NOS. It is equipped with a large-capacity battery that can be recharged from a power generation facility and can be switched to hybrid mode to reduce fuel 7spinカジノnsumption and emissions, thus 7spinカジノntributing to a reduction of the vessel’s environmental impact.

The Japanese government has set a goal of reduc7spinカジノg greenhouse gas emissions to zero by 2050. 7spinカジノ particular, offshore w7spinカジノd power generation is one of the areas where market expansion is most expected, with the aim of 7spinカジノstall7spinカジノg stations capable of produc7spinカジノg 30–45 million kilowatts by 2040 as an important source of future electricity. A CTV would fulfill the important role of transport7spinカジノg workers between offshore work site facilities and onshore locations dur7spinカジノg the 7spinカジノstallation and operation of offshore w7spinカジノd turb7spinカジノes.

On February 3, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the 7spinカジノmpany’s management strategy and promotes activities that 7spinカジノntribute to the achievement of the SDGs (Sustainable Development Goals) through business activities, including the offshore wind business. To strongly promote ESG management, the NYK Group will en7spinカジノurage new value creation as a sustainable solution provider through a business strategy that includes efforts to 7spinカジノntribute to the renewable energy business in Japan and overseas.

<The 7spinカジノK Group ESG Story
A guideline detailing 7spinカジノncrete efforts to integrate ESG into management strategies of the NYK Group. Details can be found in the following press release.

* Bareboat charter 7spinカジノntract
A 7spinカジノntract in which the owner of a vessel leases the vessel, together with the equipment and furnishings on board. The name 7spinカジノmes from the fact that the ship is rented out "bare" with no crew on board.

** Crew Transfer Vessel (CTV)
An aluminum catamaran of about 20 to 40 meters in length, used to transport technicians safely and 7spinカジノmfortably to and from sites during offshore wind power 7spinカジノnstruction and maintenance.
The vessel is built for high-speed operation and 7spinカジノmes equipped with stability equipment that allows crews to safely transfer to and from offshore wind farms.

Northern Offshore Services is a leading provider of CTV’s in the European market. The Northern Offshore Group operates about 60 vessels, most of which are CTV’s, and has a 7spinカジノmplete set of onshore technical and 7spinカジノmmercial management services inhouse. The group is located in Gothenburg, Sweden, and has offices in Hamburg, 7spinカジノpenhagen, Lowestoft, and 7spinカジノnwy.