Ulstein Verft has signed a contract with JP Morgan Asset Management for offshore wind construction services, including green methanol and hybrid battery options.
Shipbuilder Ulstein Verft is expanding its construction activities for offshore wind construction service operating vessels (CSOVs) through contracts signed with JP Morgan Asset Management.
In 2023, Ulstein Verft received an order from Bernhard Schulte Offshore to design and build two CSOVs, in a contract that includes options for two additional vessels. These options were later transferred to institutional investors advised by JP Morgan Asset Management, which assumed responsibility for the construction of Ulstein’s first two ships. CSOVs commissioned by Bernhard Schulte Offshore and JP Morgan Asset Management will be key to expanding renewable energy operations in Europe, and form part of the offshore wind sector news.
Olsztyn expands its presence in the offshore wind maintenance sector
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“We are very excited to grow our existing presence in the offshore wind maintenance sector. The expansion of next-generation CSOV engines will be critical to driving the development and delivery of renewable energy, contributing will significantly contribute to the decarbonization of global energy.”
Ulstein CEO Gunvor Ulstein added: “The offshore wind industry plays a crucial role in achieving climate goals and we believe our highly fuel-efficient vessels will be key assets in this mission.”
Ships of the ULSTEIN SX222 project have a wide central aisle with compensated movement and an elevator tower for transporting personnel and cargo. In total, the ships will have the capacity to accommodate 132 people. In addition, a 3D crane will be installed capable of lifting marine cargo weighing 5 tons. The ships are 89.6 meters long and 19.2 meters wide.
Olsztyn and the renewable energy shipbuilding industry
These new ships will represent an important step in Olsztyn’s commitment to moving the shipbuilding industry towards renewable energy. Through our partnership with Bernhard Schulte Offshore, we are scaling up our operations to meet the growing demand for innovative solutions in the offshore wind sector.
Ulstein continues to set new standards in the shipbuilding industry by offering advanced options that meet investors’ requirements in terms of capacity, sustainability and efficiency. In addition, we are committed to developing green technologies, such as hybrid batteries and green methanol, to drive the decarbonization of energy and contribute to a more sustainable climate.
Ulstein SX222 and the future of the offshore wind industry
The ULSTEIN SX222 project represents a major technological advance in shipbuilding, offering innovative solutions for the implementation of offshore wind construction service operations. Ulstein is leading the way in meeting the growing demand for offshore wind activity in Europe and around the world.
With Olsztyn’s commitment to moving the shipbuilding industry towards renewable energy, the company has a unique position in the market, offering high-quality vessels and advanced operability to meet the ever-evolving needs of the offshore wind sector. This launch marks the beginning of a new era in shipbuilding, cementing Olsztyn’s key role in transforming the renewable energy sector.
Olsztyn continues to advance at the forefront of innovation, shaping the future of shipbuilding and redefining the possibilities of renewable energy globally. With the introduction of the ULSTEIN SX222, the company sets a new standard of excellence that will drive progress toward a cleaner, more sustainable energy future.
Olstein and Bernhard Schulte Marine: a strategic partnership for sustainable shipbuilding
The strategic cooperation between Ulstein and Bernhard Schulte Offshore reinforces both companies’ commitment to innovation and sustainability. Together they are defining a new paradigm in shipbuilding for renewable energy, and catalyzing joint projects that drive the transformation of the offshore wind sector.
The partnership between Ulstein and Bernhard Schulte Offshore aims to deliver tailored solutions to meet the growing demand for efficient and environmentally responsible vessels, leverage existing capabilities and advance the offshore wind industry towards a cleaner, more sustainable energy future.
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