Eneti Inc. Signs Vessel Reservation Contract for Newbuild WTIV
18 Setembro 2023 - 8:54AM
Eneti Inc. (NYSE:NETI) (the “Company”) announced today that
Seajacks UK Limited, a wholly-owned subsidiary of the Company and a
leading provider of installation and maintenance vessels to the
offshore wind sector, has signed a vessel reservation agreement
with an undisclosed client to transport and install turbines.
With mobilization commencing in the first quarter
of 2027, the contract will be performed by one of the Company’s two
NG16000X Wind Turbine Installation Vessels currently under
construction at Hanwa Ocean in South Korea. Inclusive of
mobilization and demobilization, the engagement is expected to be
between 210 and 245 days and generate approximately USD 87 million
to USD 100 million of gross revenue. Project costs are expected to
be USD 15 million in aggregate.
Emanuele Lauro, CEO of Eneti, says, “Through the
ability to employ either of our two newbuilds, this project
provides both maximum flexibility and accretive future cash flows.
With net revenues approaching $350,000 per day, the contract
reflects the improving fundamentals of offshore wind and current
market conditions.”
About Eneti Inc.
Eneti Inc. is a leading provider of installation
and maintenance vessels to the offshore wind sector and has
invested in the next generation of wind turbine installation
vessels. The Company is listed on the New York Stock Exchange under
the ticker symbol NETI. Additional information about the
Company is available on the Company’s website:
www.eneti-inc.com.
Forward-Looking Statements
Matters discussed in this press release may
constitute forward-looking statements. The Private Securities
Litigation Reform Act of 1995 provides safe harbor protections for
forward-looking statements in order to encourage companies to
provide prospective information about their business.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts. The Company desires to take
advantage of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and is including this cautionary
statement in connection with this safe harbor legislation. The
words “believe,” “expect,” “anticipate,” “estimate,” “intend,”
“plan,” “targets,” “projects,” “likely,” “would,” “could” and
similar expressions or phrases may identify forward-looking
statements.
The forward-looking statements in this press
release are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside our management’s control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. These forward-looking statements
are based on information available as of the date hereof, and
current expectations, forecasts and assumptions, and involve a
number of judgments, risks and uncertainties. Although we believe
that these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond our control, we cannot assure you that we will achieve or
accomplish these expectations, beliefs or projections and we do not
undertake any obligation to update forward-looking statements to
reflect events or circumstances after the date they were made,
whether as a result of new information, future events or otherwise,
except as may be required under applicable securities laws.
In addition to these important factors, other
important factors that, in our view, could cause actual results to
differ materially from those discussed in the forward-looking
statements include: our future operating or financial results;
changes in demand for Wind Turbine Installation Vessel (“WTIV”)
capacity; the strength of world economies and currencies; the
length and severity of the recent novel coronavirus (COVID-19)
outbreak, including its effects on demand for WTIVs and the
installation of offshore wind turbines; our ability to successfully
employ our existing and newbuilding WTIVs and the availability and
suitability of our vessels for customer projects; our ability to
compete successfully for future chartering and newbuilding
opportunities; our continued ability to employ our vessels;
fluctuations in interest rates and foreign exchange rates; early
termination of customer contracts, our failure to win new contracts
for our vessels or the failure of counterparties to fully perform
their contracts with us; our ability to successfully identify,
consummate, integrate and realize the expected benefits from
acquisitions and changes to our business strategy; our ability to
successfully operate in new markets; changes in our operating
expenses, including bunker prices, drydocking and insurance costs;
compliance with, and our liabilities under, governmental, tax,
environmental and safety laws and regulations; changes in
governmental rules and regulations or actions taken by regulatory
authorities; potential liability from pending or future litigation;
general domestic and international political conditions; potential
disruption of shipping routes due to accidents or political events;
our ability to procure or have access to financing, our liquidity
and the adequacy of cash flows for our operations; our continued
borrowing availability under our debt agreements and compliance
with the covenants contained therein; fluctuations in the value of
our vessels and investments; our ability to fund future capital
expenditures and investments in the construction, acquisition and
refurbishment of our vessels (including the amount and nature
thereof and the timing of completion thereof, the timely delivery
to us and commencement of operations dates, expected downtime and
lost revenue); potential exposure or loss from investment in
derivative instruments or other equity investments in which we
invest; potential conflicts of interest involving members of our
Board and senior management and our significant shareholders; and
our expectations regarding the availability of vessel acquisitions
and our ability to complete acquisition transactions planned and
other factors.
Contact Information
Eneti Inc.James Doyle – Head of Corporate
Development & Investor RelationsTel: +1 646-432-1678Email:
Investor.Relations@Eneti-inc.comhttps://www.eneti-inc.com
Eneti (NYSE:NETI)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Eneti (NYSE:NETI)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024