Monaco – Eneti has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel (WTIV).
The company is also in advanced discussions with American shipbuilders for the construction of a Jones Act-Compliant WTIV.
WTIV construction deal
Eneti entered into a binding agreement with Daewoo Shipbuilding and Marine Engineering for the construction of one WTIV. The contract price is $330 million and the vessel will be delivered in early Q3, 2024. In addition, the company holds an option to construct an additional vessel at the same price, net of currency adjustments.
The vessel is an NG-16000X design by GustoMSC and includes a 2,600 Ton Leg Encircling Crane from Huisman Equipment of the Netherlands. The vessel is capable of installing up to 20 Megawatt turbines at depths of up to 65 meters of water, and it can be adapted to operate on the alternate fuels of LNG or ammonia.
Jones Act compliant vessel
Furthermore, Eneti is in advanced discussions with several American shipbuilders for the construction of a Wind Turbine Installation Vessel. This vessel would be constructed, financed, and operated by American citizens in compliance with the Jones Act, in order to address the heightened demand for transportation and installation capacity on the Continental Shelf of the United States.