Mitsui O.S.K. Lines (MOL) and Toyo Construction Co. signed a Memorandum of Understanding (MoU) to explore a potential collaboration in offshore wind power plant construction.
The companies said the goal is to commercialize vessels for offshore construction related to offshore wind power projects in Japan and overseas.
MOL will seek to combine its track record in construction, ownership, and operation of vessels with Toyo Construction’s knowledge of marine engineering and technological development in offshore wind power.