Seajacks Lands New Contracts in UK

Eneti has announced that its subsidiary Seajacks UK Limited has secured new contracts with two UK-based companies for its NG2500X-class vessels.

The first contract signed with a UK utility will see one vessel supporting offshore wind farm substation commissioning in the UK sector of the North Sea for a period of 90-120 days in each of 2023, 2024, and 2025.

In total, over the three years, the contract is expected to generate up to USD 20.5 million (approximately EUR 19.3 million) in revenue, Eneti said.

The second contract is with an energy company for one of its NG2500X-class vessels to support offshore facility maintenance in the UK sector of the North Sea.

The contract, which will last between 14 and 21 days, could generate around USD 800,000 to USD 1.2 million (around EUR 754,000 to EUR 1.13 million) in revenue in the second quarter of 2022.

Last month, Seajacks UK Limited inked another contract worth between USD 3.85 million to USD 7.45 million to support operations and maintenance (O&M) on an offshore wind farm in Northwestern Europe.

Earlier this year, Monaco-based Eneti announced that Seajacks UK Limited signed four contracts with customers in Northwestern Europe for between 189 to 240 days of employment for its NG2500-class vessels.

Eneti Inc., formerly Scorpio Bulkers, acquired Seajacks in August 2021, adding five wind turbine installation vessels (WTIVs) to its fleet.

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The five vessels include the flagship NG14000X design Seajacks Scylla which was delivered to Seajacks from Samsung Heavy Industries in 2015, the NG5500C design Seajacks Zaratan, and three NG2500X specification wind turbine installation vessels (WTIVs): Seajacks Kraken, Seajacks Leviathan, and Seajacks Hydra.

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