Fred. Olsen Ocean (FOO), including its subsidiaries Fred. Olsen Windcarrier(FOWIC) and Global Wind Service (GWS), announced on June 29 a partnership with Shimizu Corporation (Shimizu) to support growth and development in the offshore wind industry in Japan and worldwide. (Logo quoted from Yahoo’s image)
The partnership between these organizations marks an important milestone as it brings together FOO's specialist knowledge, experience and capabilities as a global leader in offshore wind turbine installations, and Shimizu's leading strengths in construction activities and in-depth knowledge of the Japanese market. Together, the combined expertise, experience, assets, and related supply chains of these two organizations will be valuable for the development of offshore wind.
Japan has ambitious targets to develop 10 GW of offshore wind power by 2030. As a clear indication of their commitment to help reach these goals, 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.
With a deep understanding of operating jack-up installation vessels, 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.