Press release -
Northern Offshore Group expands strategic partnership with NYK
Northern Offshore Group (N-O-G) has welcomed Nippon Yusen Kabushiki Kaisha (NYK Line), one of Japan’s largest and most well-established shipping companies, as an investor in the company. This strategic partnership enables entrepreneurship, accelerates further expansion, and enhances the ability to deliver on shared goals, such as sustainability and innovation.
The partnership is built on shared values, mutual trust, and a history of successful collaboration over several years. The companies have developed a strong relationship, and the decision to move forward together underscores our commitment to the same long-term vision.
”We are excited to expand our collaboration with NYK. We have worked together for a long time and have the same values and vision for the future, which is very important to us” says David Kristensson, CEO of Northern Offshore Group. “NYK is a key player in the global maritime industry and together, we can significantly increase our global presence and further improve our services for our customers.”
Some of the shared values include the companies’ commitment to sustainability and innovation. Both N-O-G and NYK strive to be at the forefront, pushing the green transition and empowering the offshore wind industry.
“For several years, NYK and N-O-G have had a close partnership, that has very naturally evolved into this co-ownership. N-O-G will continue to operate as an independent entity, retaining its ‘Donsö-spirit’, but will have the ability to draw on the global resources of the wider NYK Group. NYK and N-O-G share a total commitment to the highest operational quality standards as well as the ambition to pioneer marine technical solutions that will deliver the lowest environmental emissions in the industry, reaching zero emissions by 2050. With great excitement we now look forward to co-creating the future of the offshore wind industry with our customers and other pioneers,” says Carl-Johan Hagman, Executive Officer of NYK and Region Head of NYK Group Europe.
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Northern Offshore Services (N-O-S) is a global leader in providing Crew Transfer Vessels (CTV) serving the offshore wind industry. N-O-S operates and manages a versatile fleet focusing on high-performing vessels, providing full service and flexible solutions.
Northern Offshore Services is a part of Northern Offshore Group (N-O-G). The group has a clear vision, and values rooted in the strong shipping culture and entrepreneurial spirit of Donsö, an island on the west coast of Sweden.
NYK Line (NYK) is a shipping and logistics company headquartered in Japan. The company operates about 850 vessels in global services and is supported by about 35,000 staff. NYK committed to reducing CO2 emissions by 45%, based on 2021 emission levels, by 2030. Last year, NYK celebrated the 125th anniversary of its liner services operating between Japan and Europe.