K Line - Kawasaki Kisen Kaisha Ltd.

03/10/2024 | Press release | Distributed by Public on 03/10/2024 10:06

ESTABLISHMENT OF A JOINT VENTURE FOR OFFSHORE GEO SURVEY ―Delivery of geo survey vessel EK HAYATE to Japan―

October 3, 2024
Kawasaki Kisen Kaisha, Ltd.
Kawasaki Kinkai Kisen Kaisha, Ltd.
"K" Line Wind Service, Ltd.
EGS Survey Pte Ltd

"K" Line Wind Service (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. ("K" LINE KINKAI) and Kawasaki Kinkai Kisen Kaisha, Ltd., and EGS Survey (EGS) have established a joint venture company, EK Geotechnical Survey LLC (EKGS) to service the offshore marine geo-survey sector. EKGS is determined to provide various offshore survey services to meet growing demand in the sector, which is expected to increase with the development of offshore wind power in Japan and regionally. In September 2024, the geotechnical survey vessel EK HAYATE, owned by EKGS, entered into service as a Japanese-flagged vessel capable of providing offshore drilling, sampling and in-situ testing. Furthermore, EKGS has recently completed its first survey project for the Happo Town and Noshiro City Offshore Wind Power Project in Akita Prefecture. The survey was supported by group entities from both parties and the final geo-data deliverables were provided to client, OYO Corporation, on program.

KWS proactively supports the supply chain development for expanding offshore wind power generation with the accumulated experience of Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd. in the offshore support vessel business overseas and in Japan. Recognizing the lack of supply of geotechnical survey vessels in Japan, a joint venture initiative was developed with EGS Group, which has strong global track record in offshore geo-survey. By coupling the resources and know-how of both companies, EKGS will participate in the offshore survey sector in Japan and internationally in pursuit of a carbon-neutral society.

[EK HAYATE]