Last year, MOL established a business division that is focused entirely on offshore wind.
Since then, the company signed and Memorandum of Understanding (MoU) with Kokusai Cable Ship (KCS) to jointly research commercial opportunities in new subsea cable-laying demand in Japan and throughout Asia.
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In addition, MOL has also partnered with Scotland’s Flotation Energy plc. to jointly evaluate floating offshore wind development opportunities in Japan.
When it comes to Toyo Construction, the firm has set offshore wind power as a growth driver of its business, focusing on technology development and capital investment in fixed-bottom as well as floating wind turbines.
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14 days ago
about 3 years ago
Japanese-based Mitsui O.S.K Lines (MOL) and its compatriot Toyo Construction have established a joint venture focusing on offshore wind power generation. Through the joint venture, the companies said that they will create stronger synergies in a wide range of areas related to offshore wind, includin
