NYK orders first Japanese built CTV

By: Sue Allen

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22/02/2024 NYK
Nippon Yusen Kaisha (NYK) has placed an order with Kosaba Shipbuilding Corporation for a crew transfer vessel (CTV), the first to be built for NYK by a Japanese shipyard. After delivery in late 2025 or 2026, the vessel will be used to support the construction and maintenance of Japanese projects.
By expanding its fleet of CTVs, NYK aims to play an active role in promoting sustainable energy; contribute to revitalizing the Japanese shipbuilding industry and marine industries; as well as have a positive impact on regional industry development and job creation.
This is the third vessel in the fleet. In Japan, the vessel will be the second NYK-owned CTV, following Rera As, which was delivered in April 2023 and is engaged in the Ishikari Bay New Port offshore wind farm off Hokkaido, Japan.
A CTV engaged in maintaining offshore wind power facilities in Japan for an extended period requires a high transfer capacity. In constructing the vessel, NYK will domestically produce the hull form based on a design from Northern Offshore Service (Sweden), aiming to make it the core hull form of NYK. Northern Offshore Service (Sweden) is  the largest CTV operators in Europe and a subsidiary of Northern Offshore Group AB, which operates in the European region and with which NYK formed a partnership in 2020.
In Japan, the construction of offshore wind projects is expected to begin in earnest around 2026, and demand for CTVs is expected to grow. As stated in the NYK medium-term management plan announced in March 2023, the company plans to invest 43 billion yen in the offshore wind power value chain by fiscal 2026, and the construction of this vessel is part of that plan. NYK will continue to seek to place CTV orders with shipyards in Japan.

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4C Offshore | Sue Allen