Seajacks secures additional contracts

By: Tom Russell 25/01/2023 Eneti Inc.

General Vessels

Eneti Inc. announced that Seajacks UK Limited, a wholly-owned subsidiary of the Company, has signed two new contracts in North West Europe for between 75 and 102 days of employment for one of its NG2500-class vessels that will generate between approximately $5.7 million and $7.1 million of revenue in 2023.

Furthermore, additional extensions were negotiated for another NG2500-class vessel which will generate an additional €2.9 million of revenue.

In addition, an existing contract for its NG14000X-class vessel has been extended which has generated an additional €2.6 million of revenue.

Emanuele A. Lauro, Chairman and CEO, commented “The higher rates achieved for our NG2500-class vessels reflect the rising demand for these assets, and the evolution from seasonal employment to year-round opportunities.”

Seajacks UK Limited provides installation and maintenance vessels to the offshore wind sector. Seajacks’ flagship, NG14000X design Seajacks Scylla, was delivered from Samsung Heavy Industries in 2015. Seajacks also owns and operates the NG5500C design Seajacks Zaratan which is currently operating in the Japanese market under the Japanese flag, as well as the three NG2500X specification WTIVs, Kraken, Hydra and Leviathan.

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