Norway’s Ulstein Verft reports that it has entered into two offshore wind farm Construction Service Operation Vessels (CSOVs) newbuild contracts with J.P. Morgan. The Ulstein SX222 design vessels were originally optioned under a two-plus-two contract placed with Ulstein by Bernhard Schulte Offshore in 2023. The two options have been transferred to institutional investors advised by J.P. Morgan Asset Management, who have declared them and optioned two further vessels.
“We are excited to add to...
https://www.marinelog.com/offshore/offshore-wind/j-p-morgan-orders-up-to-four-csovs-at-ulstein/