NYK invests in Swedish CTV fleet

Nippon Yusen Kabushiki Kaisha Line has worked with N-O-G, which owns Northern Offshore Services (N-O-S), for a number of years, and now owns a majority share in the company.

“Through this investment, N-O-G will be able to leverage NYK’s global network, enabling further technical development and growth. NYK will, in turn, gain important operational experience in preparation for the anticipated future expansion of offshore wind in waters closer to Japan,” said an NYK Line statement.

“N-O-G will continue to operate as an independent entity, retaining its ‘Donsö-spirit’, but will have the ability to draw on the global resources of the wider NYK Group,” said NYK executive officer Carl-Johan Hagman. “NYK and N-O-G share a total commitment to the highest operational quality standards as well as the ambition to pioneer marine technical solutions that will deliver the lowest environmental emissions in the industry, reaching zero emissions by 2050.

“With great excitement, we now look forward to co-creating the future of the offshore wind industry with our customers and other pioneers.”

In August, N-O-G-owned N-O-S struck a partnership with maine engine developer Volvo Penta, which installed its IPS Professional Platform in the I-Class Transfer Vessel Impresser.

The company has a fleet of around 65 vessels, including a handful of multi-purpose vessels alongside its many classes of CTVs.