News & Events - Akam Adak Marine Trading FZC

Marine Link International News

Fri, 30 Jul 2021 05:28:30 Z

Schottel Propulsion for Five Turkish-built, Canada-bound Tugs

German propulsion firm Schottel has secured an order to deliver a total of ten rudder propellers and two transverse thrusters for five tugs that will serve the LNG carriers stopping at an LNG export facility in Canada.Schottel's equipment will be installed on two LNG-fuelled escort tugs…

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Thu, 29 Jul 2021 16:40:19 Z

Borealis Finance Sells 10 Container Ships for $203,5M

Oslo-listed Borealis Finance said Thursday it had sold 10 container ships for $203,550,000 in total and that it had informed Nordic Trustee it would prepay $188,000,000 outstanding under its Bond Issue.The company did not say who the buyers…

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Thu, 29 Jul 2021 16:33:31 Z

Metal Shark Delivers Next-gen Fireboat to Orange Beach Fire Rescue

Shipbuilder Metal Shark has introduced the 38 Defiant NXT, described as a next-generation welded aluminum monohull pilothouse model based on the company’s 38 Defiant platform. The first new vessel, “Fire Boat 2,” has been delivered to Orange Beach Fire Rescue in Alabama.Since 2011…

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Thu, 29 Jul 2021 16:16:04 Z

Singapore LNG Wants to Extract Chemicals from LNG

Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company…

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Thu, 29 Jul 2021 16:04:50 Z

WER: Near-term Outlook for Floating Production Systems 'Very Positive'

The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive.

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Thu, 29 Jul 2021 15:50:42 Z

RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry

Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace…

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Thu, 29 Jul 2021 14:04:36 Z

ABB Propulsion for U.S. First Fully Electric Tug

ABB said Thursday it would deliver an integrated electric propulsion system and vessel control technology for Crowley’s pioneering eWolf tug, built for sustainable and safe operations at the Port of San Diego.Upon delivery by Alabama-based shipbuilder Master Boat Builders, Inc.

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Thu, 29 Jul 2021 13:46:40 Z

Siem Offshore's Anchor Handler Secures Charter Extension in Australia

Norwegian offshore vessel owner Siem Offshore has been awarded a six-month extension for the AHTS Siem Topaz in Australia. Siem Offshore shared the news on Wednesday, without disclosing the identity of the client.The Siem Topaz is a low emission anchor handler that is suitable for anchor handling…

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Thu, 29 Jul 2021 13:24:30 Z

Belgian Shipowner, Canadian Fertilizer Firm Set to Build Ammonia-fueled Ship

Belgium-based shipowner Exmar is partnering up with a Canadian fertilizer company to build jointly develop and build a low-carbon, ammonia-fueled vessel which they aim to deploy as early as 2025."Partners for over three decades in transporting ammonia globally…

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Thu, 29 Jul 2021 12:47:12 Z

U.S. Looking at Ways to Compensate Fishing Industry for Offshore Wind Impacts

The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter…

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