{"id":7930,"date":"2023-12-13T17:05:55","date_gmt":"2023-12-13T08:05:55","guid":{"rendered":"http:\/\/www.toyo-const.co.jp\/en\/?p=7930"},"modified":"2025-11-28T17:46:54","modified_gmt":"2025-11-28T08:46:54","slug":"signing-of-shipbuilding-contract-for-nations-largest-self-propelled-cable-laying-vessel","status":"publish","type":"post","link":"https:\/\/www.toyo-const.co.jp\/en\/topics-7930","title":{"rendered":"Signing of shipbuilding contract for nation\u2019s largest self-propelled cable-laying vessel"},"content":{"rendered":"
\"\"

President Mr. Obayashi (left) and Mr. Torgeir Haugan, SVP, at the signing ceremony<\/p><\/div>\n

 <\/p>\n

\u3000Toyo Construction Co., Ltd. (President and Representative Director: Haruhisa Obayashi,
\nChiyoda City, Tokyo) is pleased to announce that it has signed a shipbuilding contract for a self-
\npropelled cable-laying vessel with Vard Group AS* (CEO: Alberto Maestrini), a Norwegian
\ncompany, on December 11th.<\/p>\n

 <\/p>\n

\u3000Projects of offshore wind power generation are progressing well mainly in the area of
\nbottom-fixed type, and together with technology development of floating type and consideration
\nof EEZ expansion, it is steadily advancing towards the realization of carbon neutrality by 2050
\nin line with the government target.<\/p>\n

\u3000In anticipation of growth in the offshore wind power generation construction market in Japan,
\nwe announced the construction of a self-propelled cable-laying vessel on February 28, 2022,
\nand after conducting basic design and detailed design, we decided to construct the vessel at the
\nboard meeting on December 8th.<\/p>\n

 <\/p>\n

\u3000The signing ceremony for the cable-laying vessel was held at the head office of Toyo
\nConstruction from 18:00 on December 11th. Mr. Haruhisa Obayashi, President and
\nRepresentative Director of the Company, and Mr. Torgeir Haugan, SVP of Vard Group,
\nattended the ceremony to sign the contract.<\/p>\n

 <\/p>\n

\u3000The cable-laying vessel to be built is designed to fit the requirements of environmental
\nconditions and construction conditions in Japan, which allows construction at a high utilization
\nrate in a vast marine area, from shallow areas to very deep areas where floating wind power
\ngeneration or DC power transmission projects are conducted. Also, the vessel can be used not
\nonly as a self-propelled cable-laying vessel, but also, with a high-performance crane and wide
\ndeck area, can be used for various purposes including bottom-fixed type foundation works,
\nfloating offshore wind power mooring works, etc.<\/p>\n

 <\/p>\n

\"\"

President Mr. Obayashi (left) and Mr. Torgeir Haugan, SVP, at the signing ceremony<\/p><\/div>\n

 <\/p>\n

\u203bPlease see below for the details.
\nhttps:\/\/www.toyo-const.co.jp\/en\/wp\/wp-content\/uploads\/2023\/12\/20231208E.pdf<\/a><\/p>\n

 <\/p>\n

\u3000On December 8, the Japanese and Norwegian governments signed the \u201cGreen Strategic
\nPartnership\u201d, by which both governments will cooperate in decarbonization technology, and
\ntherefore, we believe that this construction order of the cable-laying vessel to the Norwegian
\ncompany, Vard Group, will contribute to the Partnership.<\/p>\n

 <\/p>\n

\u3000Moreover, we announced that we will establish the Offshore Wind Division as of April 1st,
\n2024.
\nIn addition to the cable-laying vessel, Toyo Construction will, under the Offshore Wind
\nDivision, contribute to the nation\u2019s development in the offshore wind power generation business
\nincluding bottom-fixed and floating type, while participating in the submarine cable-laying
\nbusiness by further strengthening our engineering capability. <\/p>\n

 <\/p>\n

\u3000Vard Group AS*: a member of Fincantieri Group, one of the world’s largest shipbuilding
\ngroups; holding shipbuilding yards in Norway, Romania, Brazil and Vietnam and having a
\nnumber of achievements in the area of design and construction of offshore vessels including
\ncable-laying vessels.<\/p>\n

 <\/p>\n

\"\"

Image of a cable-laying vessel<\/p><\/div>\n

 <\/p>\n

PDF can be found here.
\nhttps:\/\/www.toyo-const.co.jp\/en\/wp\/wp-content\/uploads\/2023\/12\/20231211E.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  \u3000Toyo Construction Co., Ltd. (President and Representative Director: Haruhisa Obayashi, Chiyoda City, Tokyo) is pleased to announce that it has signed a shipbuilding contract for a self- propelled cable-laying vessel with Vard Group AS* (CEO: Alberto Maestrini), a Norwegian company, on December 11th.   \u3000Projects of offshore wind power generation are progressing well mainly in the area of bottom-fixed type, and together with technology development of floating type and consideration of EEZ expansion, it is steadily advancing towards the realization of carbon neutrality by 2050 in line with the government target. \u3000In anticipation of growth in the offshore wind power generation construction market in Japan, we announced the construction […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[373,119,104],"tags":[],"class_list":["post-7930","post","type-post","status-publish","format-standard","hentry","category-2023-ir","category-irnews","category-topics","posttemplate-topics-typed"],"_links":{"self":[{"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/posts\/7930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/comments?post=7930"}],"version-history":[{"count":3,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/posts\/7930\/revisions"}],"predecessor-version":[{"id":7937,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/posts\/7930\/revisions\/7937"}],"wp:attachment":[{"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/media?parent=7930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/categories?post=7930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.toyo-const.co.jp\/en\/wp-json\/wp\/v2\/tags?post=7930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}