Fred Olsen Ocean (FOO) has partnered with Shimizu to targeting opportunities within the Japanese offshore wind sector.
The partnership between FOO, including its subsidiaries Fred Olsen Windcarrier (FOWIC) and Global Wind Service (GWS), and Shimizu will “support growth and development” in the offshore wind industry in Japan and worldwide.
Shimizu will take delivery of its own jack-up installation vessel in late 2022.
Under this partnership and exclusivity agreement, FOWIC will be the leading partner for installation projects involving Shimizu’s vessel outside Japan, whereas Shimizu will be the leading partner for installation projects within Japan.
FOWIC will support Shimizu with the planning and execution of upcoming offshore wind project installations in Japan and support with training of key personnel for safe and efficient operation.
FOWIC and GWS will be the preferred suppliers for Shimizu with FOWIC supplementing Shimizu vessel capacity in Japan when needed. For markets outside Japan, FOWIC will represent and market the Shimizu vessel.
FOWIC CEO Alexandra Koefoed said: “We are very pleased to be working with such a renowned organization as Shimizu, and excited to be playing such an important role in Japan’s renewable energy sector.
“There is great potential not only in the partnership of our two businesses, but also in what we can offer to the offshore wind industry.”
Shimizu vice president Toru Yamaji added: “We could not have chosen a better partner to further our capabilities in the Japanese offshore wind market, and abroad.
“Together, Fred. Olsen Ocean and Shimizu will offer a breadth of specialist knowledge, assets and services for wind farm developers worldwide.”