Eneti Inc. Announces Contract Awards for Seajacks
Eneti Inc. (NETI)
Company Research
Source: GlobeNewswire
MONACO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Seajacks UK Limited, a wholly-owned subsidiary of the Company, has signed two new contracts in NW 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 EUR 2.9 million of revenue. In addition, an existing contract for its NG14000X-class vessel has been extended which has generated an additional EUR2.6 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.” About Eneti Inc. Eneti Inc. is a leading provider of installation and maintenance vessels to the offshore win
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