Eneti Inc. (NYSE:NETI) announced today that Seajacks UK Limited, a wholly-owned subsidiary of the Company, has signed a reservation agreement, for its NG 5500 vessel, Seajacks Zaratan.
The contract signed is for employment in the Asia Pacific region for between five and six months.
The reservation agreement, will, if converted into a contract, generate between approximately €32.5 million and €38.0 million of revenue after estimated project costs and would commence in the second quarter of 2024.