Joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation” adopted as Green Innovation Fund

“K” Line Wind Service, a joint venture company between Kawasaki Kisen Kaisha, together with Japan Marine United Corporation, Nihon Shipyard and Toa Corporation is pleased to announce that the project of “Mass-Production and Cost Reduction of Floating Offshore Wind Installation” was officially adopted as Green Innovation Fund for “Cost Reduction for Offshore Wind Power Generation Projects”
In order to achieve the Japanese government target of carbon neutral by 2050, development of renewable energy is essential. The offshore wind power generation will play an important role in this target with its potential as major energy source and economic growth brought by the supply-chain development in Japan. With limited shallow water for Offshore Wind installation around Japan, there is a high expectation of floating offshore wind which can be developed despite of the depth of ocean. To develop the floating offshore wind, the technology for mass-production and cost reduction needs to be achieved
Having above understanding, the consortium targets to develop mass-production method and cost reduction of floating foundation, mooring/anchoring system, installation at sea in every aspect of EPCI (Engineering, Procurement, Construction and Installation).
The role of each consortium member shall be as per the chart.
| Company | Major Role |
| Japan Marine United Corporation | Development/Manufacturing of floating foundation and EPCI of floating offshore wind projects
・ Optimization of Floating Foundation ・ Mass-production of Floating Foundation ・ Optimization of Hybrid Mooring system ・ Development of cost competitive procedure in floating offshore wind installation (Turbine assembly and floating foundation installation) |
| Nihon Shipyard Co., Ltd. | Engineering of floating foundation and development of offshore support vessels for offshore wind projects
・ Optimization of Floating Foundation ・ Engineering for mass-production of Floating Foundation ・ Engineering for Hybrid Mooring System ・ Engineering for cost competitive procedure in floating offshore wind installation (Turbine assembly and floating foundation installation) |
| “K” Line Wind Service, Ltd. | Development of floating foundation installation
・ Cost competitive installation procedure |
| Toa Corporation | Development of turbine assembly
・ Cost competitive assembly procedure |
“K” Line Wind Service, Ltd. is determined to contribute to floating offshore wind development by developing optimal and cost competitive procedure in installation of floating foundation (*2) with the experience and know-how “K” Line group gained through the Offshore Support Vessel operations.
(*1) “K” Line Wind Service, Ltd
A joint venture company established by Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd. on June 1st, 2021 targeting the contribution to Offshore Wind in Japan throughout the marine solution that the group have developed in the history of 100-year.
Related News.
October 16, 2026
Navigating the Multi-Orbit Era: In Conversation with Intellian’s Jon Harrison at SMM 2026
At SMM 2026 in Hamburg, the rapid evolution of maritime satellite communications took centre stage. Across the exhibition halls, discussions among…
October 16, 2026
Cyprus ports need joint energy and investment strategy, shipping agents chief says
Cyprus needs a coordinated strategy for shipping, energy and environmental protection to support port investment and modernisation, Cyprus shipping…
October 16, 2026
MASO Public Affairs introduces MASO Regulatory Intelligence
A new subscription service helping businesses understand what is changing and what it means for them MASO Public Affairs introduces MASO Regulatory…
October 16, 2026
Anglo-Eastern helps turn CMBTECH’s ammonia ambition into an operational reality
From early feasibility study and risk-based design to newbuilding supervision, crew readiness and technical management, Anglo-Eastern drew on its…
October 16, 2026
Escalation of attacks threatens to derail recovery in Middle East oil exports
World oil demand is forecast to fall by 2.5 mb/d y-o-y in 4Q26 and 2.6 mb/d on average in 2026. As the Iran war manifests itself through restricted…
October 16, 2026
New study finds shipping pays twice its share to EU ETS earmarked revenues should triple to help build market for sustainable fuels and technologies
Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free…
October 16, 2026
MSARC strengthens maritime mass rescue readiness through training and national live exercise off Dakar, Senegal
Joint MSARC–FHAS programme combines three days of SAR training with a national multi-agency live exercise The Maritime Search and Rescue Council ,…
October 16, 2026
Sogese report deliveries are still being delayed as container freight rates fluctuate
FOR IMPORTERS Spot rates into the Mediterranean are back at January levels, Far East to Europe reliability sits at pandemic lows, and nearly…
October 16, 2026
Glencore begins trading on Australian Securities Exchange
Glencore has begun trading on the Australian Securities Exchange under the ASX code GLC. Gary Nagle, Glencore’s CEO, said it was an exciting day for…
October 16, 2026
BIMCO Shipping Number of the Week
Suez Canal container ship transits exceed 50% of pre-disruption levels "During the first two weeks of October, weekly container ship capacity…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























