Offshore Wind Power Energy Business

Outline of Services

Contributing to Offshore Wind Power Value Chains

The MOL Group will develop and drive new "environment and emission free businesses" and strive to make them core operations in the next generation. Among them, we are offering a range of services in the value chains of offshore wind power, an emerging renewable energy field. We also promote various projects using wind energy, in addition to wind power-related businesses.

• Pre-construction marine consulting services for offshore wind power generation systems
  MOL scrutinize natural conditions, man-made conditions, and relevant laws and ordinances, and help customers select the ideal sea areas to locate wind power plants.
• Multimodal Transport
  MOL group offers a full range of ocean transport services using its domestic and overseas networks, including bulk carriers and multi-purpose vessels, heavy cargo ships, module carriers, barges, and other types of ships. The company has a proven track record in operating foreign-going module carriers for the transportation of onshore wind turbine components, and plans to introduce Japan's first domestic module carrier dedicated to the transport of offshore wind power equipment, with its delivery imminent in 2026.
• Transporting maintenance technicians (CTV and SOV Business)
  The TSS PIONEER, owned and managed by Ta San Shang Marine, a joint venture between MOL and Taiwan's Ta Tong Marine, is Asia's first newbuilding service operation vessel (SOV), and supports the operation and maintenance of the Greater Changhua offshore wind farm in Taiwan operated by Orsted, the world's largest offshore wind developer.
  In addition, the second SOV, TSS CRUISER, has been in service since spring 2026, providing support services for offshore wind farms in Taiwan. The third vessel, TSS CHALLENGER, is currently under construction at the same shipyard in Vietnam, with completion scheduled for early 2027. Upon delivery, it is also planned to commence operations in Taiwan.
  The MOL Group has also entered the CTV (Crew Transfer Vessel) business and is seeking to provide transportation services for technicians supporting the construction and operation & maintenance (O&M) of offshore wind farms. By operating in-house CTVs and enhancing safety standards and operational know-how, MOL aims to expand its services across offshore wind projects throughout Japan.
• O&M Human Resources Development and Supply
  MOL and Magsaysay, a longtime partner in the Philippines, jointly established MM Empower in 2020. The company helps customers make the most effective use of foreign personnel, with services ranging from determining needs for overseas employees to customization and operation of local training programs, dispatch of staff, and continuous care for both customers and the workforce for companies. As part of this service it offers training for O&M technicians for wind power generation systems.
• Offshore Wind Power Port Service
  In FY2025, MOL teamed up with Mitsui & Co., Ltd. to acquire Global Energy Service Holding Limited. (Currently Maraen Holding Limited.), which operates offshore wind base port services as well as steel processing and machinery/equipment manufacturing businesses for the energy sector at the Port of Nigg in Scotland, the United Kingdom.
  The Port of Nigg is located in proximity to the North Sea region of Scotland, one of the world's largest development areas for offshore wind power. It is expected to grow in importance not only as a hub for bottom-fixed offshore wind projects but also for floating offshore wind projects.
  By combining our assets in vessel and port operations as a shipping company with Mitsui & Co.'s extensive industrial network as a general trading company, we aim to strengthen the base port business, steel processing and manufacturing business, and the supply chain centered on these businesses.
• Forming a capital alliance with Hokutaku, Japan's largest wind turbine maintenance company
  In January 2024, MOL and Hokutaku Co., Ltd., Japan's largest wind turbine maintenance company, agreed to form a capital alliance through MOL's acquisition of a majority of Hokutaku's outstanding shares.
  MOL aims to contribute to the expansion of the offshore wind industry and create new value by pooling Hokutaku's extensive experience, know-how, and network in wind power generation maintenance with the MOL Group's operational experience in the social infrastructure business, including ocean transport. They have set their sights on becoming the partner of choice for companies throughout the offshore wind value chain.

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