Seajacks UK Limited, a wholly-owned subsidiary of Eneti Inc., has signed a reservation agreement, for its NG 5500 vessel, Seajacks Zaratan, 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.