Mitsui OSK Lines (MOL) said it is expecting “positive synergistic effects” from a share exchange deal involving wind turbine installation vessel (WTIV) operator Seajacks International with US company Eneti.

Seajacks’ Japanese shareholders MOL, Marubeni Corp and Innovation Network Corp of Japan (INCJ), have reached an agreement to exchange their shares in UK company Seajacks with newly issued shares from Eneti.