News & Events - Akam Adak Marine Trading FZC

Marine Link International News

Fri, 22 Oct 2021 22:53:20 Z

US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year.The move is the latest effort by the U.S. Department of Interior to comply…

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Fri, 22 Oct 2021 17:39:13 Z

'Containergeddon' Drives Sugar, Rice Shippers Back to Bulk Carriers

Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion that the industry is calling "containergeddon", according…

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Fri, 22 Oct 2021 17:18:25 Z

Marshall Takes the Helm as CEO of Ecochlor

Ecochlor’s Board of Directors (BOD) has appointed Andrew Marshall as its Chief Executive Officer (CEO), effective immediately, replacing Steve Candito.In making the announcement Ecochlor said that Candito will continue to support the company…

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Fri, 22 Oct 2021 15:49:49 Z

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Italy's biggest banking group Intesa Sanpaolo could help fund Novatek's Arctic LNG 2 project even as some European governments show lukewarm support for the giant Russian gas project."We are studying the dossier ... though no decision has as yet been taken…

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Fri, 22 Oct 2021 15:40:31 Z

Shell Expects Ida-hit Offshore Platform to Restart in November

Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected.The oil major was the hardest-hit producer from Ida…

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Fri, 22 Oct 2021 13:06:05 Z

Marine Coatings: Propspeed Targets Commercial Sector for Growth

Propspeed launched a new kit packaged specifically for the commercial marine trade professional. Rusty Morgan, VP of Sales & Operations, Americas, discusses with Maritime Reporter TV.New Zealand-based Propspeed, a maker of underwater foul-release coatings for 21 years…

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Fri, 22 Oct 2021 13:32:22 Z

Damen Delivers Two Multi Cats to Brabo in Antwerp

Antwerp-based Brabo Group has held a naming ceremony for a Multi Cat 1506 and a Multi Cat 1908 delivered by Damen Shipyards Group. The group’s cleaning division, Brabo Cleaning Company, has secured a contract with Port of Antwerp to maintain…

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Fri, 22 Oct 2021 12:42:12 Z

Wind Propulsion Conference Set for Webb Institute

What: Natural Propulsion in Ship DesignWhen: November 16, 2021Where: Webb Institute, Glen Cove, NY (broadcast live)Hosts: Webb Institute, Marin Institute, and Wind Support NYCA new conference on the use of natural propulsion in the global shipping industry will take place in New York on November 16…

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Fri, 22 Oct 2021 12:07:05 Z

ZIM Scoops Up Seven Secondhand Box Ships in October

Israeli container shipping company ZIM Integrated Shipping Services Ltd. said that during the month of October it purchased seven secondhand containerships amid continued high demand and vessel shortages.The vessels, purchased in a number of separate transactions…

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Fri, 22 Oct 2021 11:07:40 Z

Exmar, Lattice Working on 40,500 m3 CO2 Carrier

Exmar, a company owning gas carriers and FSRU units, has partnered up with Lattice Technology to develop a new type of CO2 carrier."With the global need to decarbonize the atmosphere and our world economy heavily relying on a secure energy supply…

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