Nippon Yusen Kaisha (NYK) has launched a joint venture, Japan Offshore Support (JOS), with Akita Eisen Kisen Kaisha, focusing on crew transfer vessel (CTV) operations for domestic offshore wind projects in Japan. NYK will hold a 51% stake in JOS, which will handle CTV maintenance, management, training, and employment for seafarers, aiming to provide safe and efficient services to support the stable supply of electricity from offshore wind power generation in Japan. With plans to invest over $280m in the sector by 2026, NYK is gearing up for the growing demand for CTVs as Japan’s offshore wind industry expands.
Full Article
Finn Partners acquires Singapore-based consultancy Rice Communications | News
Finn Partners has acquired Singapore-based communications and PR consultancy Rice Communications, strengthening its presence in the Asia-Pacific region. With Rice joining Finn's APAC region, led by Howard Solomon, the Singapore office will become one of the agency's largest, expanding to nearly 250 staff and $15 million in revenue. The acquisition adds offices in Thailand and Myanmar and builds on Finn's presence in Hong Kong and the Philippines, aligning with the agency's global expansion strategy. Full...
Read more