Ulstein Verft signs two-ship CSOV contract with JP Morgan

by | 7th January 2024 | Industry News, Offshore

Home News Ulstein Verft signs two-ship CSOV contract with JP Morgan

Ulstein's SX222 CSOV design

Norwegian shipyard Ulstein Verft will build two new Construction Service Operation Vessels (CSOVs) for J.P. Morgan under the terms of a deal announced on 5th January.

The CSOVs, which will be equipped with a hybrid propulsion system and methanol ready. They will be built to an adaptation of the Ulstein SX222 design platform, utilizing Ulstein’s Twin X-Stern concept, with a length of 89.6 m and a beam 19.2 m. There is accommodation for 132 passengers and crew.

Described as flexible and attractive for work within areas such as O&M (Operation and Maintenance) or construction support, particularly in difficult sea states. Other features include a large centrally positioned walk-to-work motion-compensated gangway and elevator tower for personnel and cargo transfer.

Each vessel will also incorporate a 3D compensated crane capable of 5-ton-offshore-cargo lifts, while optimised onboard logistics include large storage capacities and a stepless approach to offshore installations.

The vessels were originally ordered by Bernard Schulte Offshore under a contract announced in June 2023 that has been transferred to the US-based investor. The deal originally included options for two additional vessels although JP Morgan has only declared on the first two at this stage.

Ulstein is currently building two additional CSOVs to the SX222 design for Norwegian shipowner Olympic Subsea ASA.


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