Singapore-based shipbuilding player PaxOcean has landed a contract with Japan’s Penta-Ocean Construction to construct a 14,000 deadweight tonnage DWT cable laying vessel (CLV), seen as a “key project” in Japan’s offshore wind industry. According to PaxOcean, the vessel is expected to be delivered in February 2028. The deal was formalized on December 3, 2024, with […]

Penta-Ocean Ocean Construction Tan Thai Yong Takuzo Shimizu European Managing Director Representative Director Nippon Kaiji Kyokai President Commenting Batam WTIV OCVs FPSO Indonesia