Eneti reported a better-than-expected surge in quarterly profits as the wind vessel owner rode a jump in revenue and the value of its investment in Scorpio Tankers.
The New York-listed company logged $52.7m in net income, up from $13m in the same period of last year, which was before the August 2021 acquisition of Seajacks International that cemented the company’s transition from a bulker owner to a leading player in the wind turbine installation vessels (WTIVs).
