Eneti announced that Seajacks UK, a wholly-owned subsidiary of the company and a provider of installation and maintenance vessels to the offshore wind sector, has signed a contract with an undisclosed client to transport and install turbines. With mobilization commencing in Q2 of 2027, the contract will be performed by one of the company’s two NG16000X Wind Turbine Installation Vessels currently under construction at Hanwha Ocean in South Korea. Inclusive of mobilization and demobilization, the engagement is expected to be between 180 and 210 days and generate approximately $73M-$84M of gross revenue. Project costs are expected to be $8M in aggregate.
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