Eneti Inc

Eneti puts U.S.-built WTIV plan on hold

Eneti Inc. (NYSE:NETI) said today that it has discontinued discussions with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel (WTIV).

Chairman and CEO Emanuele Lauro said, “We believe the U.S. market for offshore wind will offer significant opportunities for the company in the future, but right now we are focused on delivering on our existing commitments and deriving value from our existing fleet.”

Though its U.S. plans might be on hold, Eneti...

https://www.marinelog.com/offshore/offshore-wind/eneti-puts-u-s-built-wtiv-plan-on-hold/

Eneti to acquire Seajacks and become world’s largest WTIV operator

Emanuele Lauro led Eneti Inc. (NYSE: NETI) is poised to change from being a WTIV new entrant to being the biggest player in the offshore wind turbine installation market. It has reached an agreement to acquire U.K. based Seajacks International, which has five WTIVs on the water and which is also assisting with construction and operations oversight of the advanced Jones Act WTIV that Dominion Energy has under construction at the Keppel AmFELS yard in Brownsville, Texas.

“This transaction reflects...

https://www.marinelog.com/offshore-wind/eneti-to-acquire-seajacks-and-become-worlds-largest-wtiv-operator/

Star Bulk To Capitalise On Scorpio’s Dry Bulk Exit

Star Bulk is the latest company seeking to capitalize on Scorpio Bulkers’s exit from dry bulk, taking on seven of its ships, reports Ship&Bunker.

The massive buy

Star Bulk has agreed to buy the SBI Pegasus, the SBI Ursa, the SBI Subaru, the SBI Capoeira, the SBI Carioca, the SBI Lambada and the SBI Macarena, the company said in a statement on its website this week. Three of the ships are equipped with scrubbers.

Star Bulk will assume the outstanding lease obligations of the ships, currently at...

https://mfame.guru/star-bulk-to-capitalise-on-scorpios-dry-bulk-exit/

Scorpio Bulkers Becomes Eneti Inc. Owing To Their New ‘Transition’

Scorpio Bulkers Inc. intends to change its name to Eneti Inc as part of its transition away from the dry bulk business towards marine-based renewable energy.

The company will change its name to Eneti Inc., subject to approval at an Extraordinary General Meeting on Feb. 3, it said.

Transition to wind turbines

Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity transportation and towards marine-based renewable energy including...

https://mfame.guru/scorpio-bulkers-becomes-eneti-inc-owing-to-their-new-transition/