US shipowner Eneti has secured work for a wind farm operation and maintenance vessel in Europe.
The New York-listed former Scorpio Bulkers said its subsidiary Seajacks UK has chartered out an unnamed NG2500-class ship to a global original equipment manufacturer.
The vessel will work in north-west Europe for a period of between 90 and 100 days, generating $3.85m to $7.45m of revenue, depending on the term.
This equates to $42,777 per day in the second and third quarters of 2022.
Eneti’s fourth-quarter profit came in well short of analyst expectations, but the company still paid a dividend to shareholders.
The loss was $28.3m for the final three months of 2021, versus a $466m deficit during the same period last year.
The latest quarterly results were mainly those of Seajacks, in which Eneti took a 58% stake in August for $600m as the group left the dry bulk sector.
But $12.3m of Eneti’s fourth-quarter loss was from Scorpio Bulkers’ $100m investment in sister company Scorpio Tankers, which trades on Nasdaq as STNG, in October 2018.
The owner registered a $26.1m profit for full-year 2021 versus a $672m loss for the prior year that included $693m in G&A costs.
Talks ended over newbuilding
In February, the company ended discussions with a Texas-based shipyard for what would have been only the second Jones Act-compliant wind turbine installation vessel (WTIV) ever contracted.
The vessel was to be built at Keppel AmFELS in Brownsville, where the first Jones Act WTIV is under construction.
Eneti is overseeing construction of that vessel, the Charybdis, which is owned by Virginia utility Dominion Energy.