Bernhard Schulte Offshore Orders Two CSOVs with Options for Two More

In July 2023, Bernhard Schulte Offshore ordered two CSOVs from Ulstein, with options for two more. These options were transferred to institutional investors advised by JP Morgan Asset Management. The CSOVs will be equipped with a hybrid battery propulsion system and prepared for green methanol fuel, enabling carbon-neutral operations.
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Bernhard Schulte Offshore has ordered the design and construction of two CSOVs from Ulstein, with options for two additional vessels. These options have been transferred to institutional investors advised by JP Morgan Asset Management, who have declared the first two. The CSOVs will be crucial in the development and delivery of renewable energy and global energy decarbonisation, according to Andrian Dacy, Global Head of JP Morgan Asset Management’s Global Transportation Group. The vessels will be equipped with a hybrid battery propulsion system and prepared for green methanol fuel to enable carbon-neutral operations. The CSOVs, measuring 89.6 metres in length and featuring the ULSTEIN SX222 design and TWIN X-STERN design, will have two sterns and main propellers located at both fore and aft.

The decision to order the CSOVs signifies a significant step in the development and delivery of renewable energy and global energy decarbonisation. The vessels will be equipped with the latest technology, including a hybrid battery propulsion system and preparations for green methanol fuel. The CSOVs are of the ULSTEIN SX222 design and will utilise the company’s TWIN X-STERN design, featuring two sterns and main propellers located at both fore and aft. The options for two additional vessels have been transferred to institutional investors advised by JP Morgan Asset Management, who have declared the first two.

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