Marubeni Becomes Majority Stakeholder of Seajacks

Marubeni Corp. now owns 55% of Seajacks International Ltd.

In 2012, Innovation Network Corporation of Japan (INCJ) and Marubeni acquired Seajacks with 50:50 ownership stakes. Marubeni has now bought 5% from INCJ and became the major shareholder of the company that owns and manages jack-up vessels for offshore installation of energy projects.

Marubeni and INCJ established Seajacks Japan Ltd. last year, targeting the offshore wind market in Japan and other Asian countries.

Offshore WIND Staff, April 7, 2014; Image: Seajacks