DEME and Penta-Ocean Form Offshore Wind Tie-Up in Japan : vi

DEME and Penta-Ocean Form Offshore Wind Tie-Up in Japan


April 14, 2021,
by
Adnan Durakovic
Japanese marine contractor Penta-Ocean Construction and DEME Offshore have signed a Memorandum of Agreement to establish a joint venture company to collaborate in the field of offshore wind construction in Japan.
In March 2020, Penta-Ocean and DEME Offshore signed a memorandum of understanding to collaborate in the field of offshore wind power construction in Japan, and have been promoting technological exchanges.
The two companies have now agreed to establish a joint venture company by June this year. The investment ratio will be 51 per cent by Penta-Ocean and 49 per cent by DEME Offshore.
The new company will own a foreign-flagged offshore installation vessel upgraded to the one equipped with a 1,600t lifting capacity crane, which will be changed to a Japanese-flagged vessel by the spring of 2025.

Related Keywords

Japan , Japanese , , Kajima Corporation , Penta Ocean Construction , Yorigami Maritime , ஜப்பான் , ஜப்பானிய , பென்டா கடல் கட்டுமானம் ,

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