Monaco-based Eneti, led-by Emanuele A. Lauro, a provider of installation and maintenance vessels to the offshore wind sector, has confirmed the sale of three NG 2500 units for around $70 million.
New-York listed Eneti has sealed a deal in July to sell the three units – Seajacks Hydra, Seajacks Leviathan and the Seajacks Kraken – to an undisclosed buyer for about $70m, the company said in announcing its second quarter results for 2023.
The delivery of the units is expected to take place before the end of 2023.
Eneti expects the sale to provide net cash proceeds of approximately $56.8 million after the repayment of amounts due on the term loan tranche under the $175.0m credit facility.
“These vessels were classified as held for sale as of June 30, 2023,” as the company claims.
Meanwhile Eneti through its subsidiary Seajacks UK Limited has signed two new contracts in the offshore wind sector in NW Europe, for between 62 and 82 days of employment, for two of its NG2500X-class vessels, that will bring revenue to the company in 2023 between $5.2m and $6.7m approximately.
The company has also revealed that is currently under contract with shipbuilder Daewoo Shipbuilding and Marine Engineering, for the construction of two next-generation offshore wind turbine installation vessels (WTIV).
The aggregate contract price is about $654.8m, of which $131.0m has already been paid. The ships are expected to be delivered in the fourth quarter of 2024 and second quarter of 2025.
