Kawasaki Kisen Kaisha: Joint Project on “Mass Production and Cost Reduction of Floating Offshore Wind Turbine Facility” Adopted as Green Innovation Fund

NEWSLETTER

January the 21stst, 2022

Kawasaki Kisen Kaisha, Ltd.

Kawasaki Kinkai Kisen Kaisha, Ltd.

“K” Line Wind Service, Ltd.

Joint project on “Mass production and cost reduction of floating offshore wind installation”

adopted as Green Innovation Fund

“K” Line Wind Service, Ltd., a joint venture between Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Kawasaki Kinkai Kisen Kaisha, Ltd.(*1), together with Japan Marine United Corporation, Nihon Shipyard Co ., Ltd. and Toa Corporation are pleased to announce that the project “Mass Production and Cost Reduction of Floating Offshore Wind Facility” has been officially adopted as the Green Innovation Fund for “Cost Reduction of Floating Offshore Wind Power Projects”. offshore wind power generation”

In order to achieve the Japanese government’s goal of carbon neutrality by 2050, the development of renewable energy is essential. Offshore wind power generation will play an important role in this target with its potential as a major energy source and the economic growth brought by the development of the supply chain in Japan. With limited shallow waters for the installation of offshore wind turbines around Japan, there is a strong expectation of floating offshore wind turbines that can be developed despite the depth of the ocean. To develop floating offshore wind, mass production and cost reduction technology must be achieved

Having above understanding, the consortium aims to develop a method of mass production and cost reduction of the floating foundation, mooring/anchoring system, offshore installation in all aspects of the EPCI (engineering, procurement, construction and installation).

KAWASAKI KISEN KAISHA, LTD.

サステナビリティ推進・ＩＲ・広報グループ Sustainable Development, IR & Communication Group

“K” Line Wind Service, Ltd. is determined to contribute to the development of floating offshore wind power by developing an optimal and competitive procedure for the installation of floating foundations (*2) with the experience and know-how of the “K” Line group acquired through the Offshore Support vessel operations.

(*1) “K” Line Wind Service, Ltd.

A joint venture established by Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd. June 1st, 2021 targeting the contribution to offshore wind in Japan through the marine solution that the group has developed in 100 years of history.

Announcement April 30and, 2021:

Creation of “K” Line Wind Service, Ltd. for the operation of offshore support vessels

(https://www.kline.co.jp/en/news/energy/energy1216843343315336832/main/0/link/210430EN2

.pdf)

(*2) There are two types of offshore wind turbines; one is a bottom-mounted wind turbine that can be installed in shallow water and the other is a floating wind turbine that can be installed in deep water and anchored to the seabed. The “K” Line Group’s experience in anchor handling tugs in the oil and gas industry can be extended to floating offshore wind and we believe we can offer cost optimization and competitiveness in the oil and gas industry. floating offshore wind installation.

KAWASAKI KISEN KAISHA, LTD.

サステナビリティ推進・ＩＲ・広報グループ Sustainable Development, IR & Communication Group

NEWSLETTER

Anchor Handling Tug Supply Vessel operated by “K” Line Group

Floating Offshore Wind Turbine

(Provided by Japan Marine United Corporation)

KAWASAKI KISEN KAISHA, LTD.

サステナビリティ推進・ＩＲ・広報グループ Sustainable Development, IR & Communication Group