Eneti’s Seajacks Wins WTIV Charter from Van Oord

Eneti-owned (NYSE:NETI) Seajacks UK has won a European charter for its largest offshore wind installation vessel with Dutch marine contractor Van Oord.

Van Oord has selected the Seajacks Scylla, the largest and most capable vessel in the Seajacks fleet. Currently employed through 2022 in Taiwan, the vessel will move to Europe following completion of its existing turbine installation contract with Ørsted on the Greater Changhua Offshore Wind Farm.

The firm charter duration of the Van Oord contract will generate approximately $60 million of revenue in 2023.

“Securing this charter will bring the Scylla back from the Asia Pacific to the European market by the end of 2022,” said Emanuele Lauro, CEO of Eneti. “For a large and highly capable installation vessel like Scylla, we are seeing numerous opportunities in the UK and Europe in 2024 and 2025 as wind turbines increase in size and weight and are located further offshore.”

“We are delighted with this constructive cooperation with Seajacks. This cooperation gives us the ability to realise our growth ambitions in the offshore wind market both in, and outside, Europe,” adds Arnoud Kuis, Managing Director, Van Oord Offshore Wind.

To date, Seajacks have installed over 500 offshore wind turbines in Europe and most recently in Taiwan. Seajacks UK own and operate a fleet of 5 GustoMSC designed vessels, all capable of installing and maintaining offshore wind farms in harsh conditions – Seajacks Kraken, Seajacks Leviathan, Seajacks Hydra, Seajacks Zaratan and the above-mentioned Seajacks Scylla.

Blair Ainslie, CEO of Seajacks, says:

“All of us here at Seajacks UK are once again thrilled to be working alongside Van Oord. The Scylla was previously chartered by Van Oord in 2019 to install monopile and transition pieces at the Deutsche Bucht Offshore Wind Farm in Germany. We had a positive experience there, and we look forward to another safe and efficient installation project.”

Seajacks International is a wholly-owned subsidiary of Eneti Inc, which acquired Seajacks and its fleet of five Wind Turbine Installation Vessels earlier this year. Eneti is a former bulk shipowner (known as Scorpio Bulkers) turned pure-play offshore wind turbine installation shipowner.

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