NYK concludes long-term time-charter with Akita offshore wind CTV

Core Insights - NYK has signed a long-term time-charter agreement for an offshore wind crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy LLC, a joint venture involving JERA Nex bp Japan LLC, Electric Power Development Co., Ltd, Tohoku Electric Power Co., Inc., and Itochu Corp [1] Group 1 - The vessel will be constructed by Kosaba Shipbuilding Co., Ltd in Kamaishi City, Iwate Prefecture, and will operate along the coasts of Oga, Katagami, and Akita, marking Japan's first offshore wind project in general sea areas [2] - The design of the vessel is based on a model from Northern Offshore Services AS, Europe's largest CTV operator, with modifications for domestic construction, which will enhance the shipbuilding industry and create jobs [3] - The vessel will be managed by Japan Offshore Support Co., Ltd, a joint venture between NYK and Akita Eisen Co., Ltd, which will also train and hire local crew, contributing to the growth of offshore wind projects and regional revitalization [3]