News & Events - Akam Adak :: Offshore Engineering and Repair Co.

Marine Link International News

Mon, 28 Nov 2022 08:53:03 Z

Woodside Energy Delivers LNG from Australia's North West Shelf to Europe

Australian oil and gas company Woodside Energy said Monday it had delivered an LNG cargo to Europe on board the Woodside Rees Withers LNG carrier from Australia’s North West Shelf. The cargo of approximately 75,000 tonnes of LNG (100 million cubic meters of natural gas) was delivered on November 27…

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Thu, 24 Nov 2022 16:00:41 Z

Vigor Wins Repair Contract for Hospital Ship USNS Mercy

Portland, Ore.-based Vigor Marine has been awarded a contract for a 90-calendar day shipyard availability for a mid-term availability of Military Sealift Command’s hospital ship USNS Mercy (T-AH 19).The $20,187,816 firm-fixed-price contract includes a base period and options…

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Thu, 24 Nov 2022 16:08:30 Z

Baltic Index Hits 1-week High as Vessel Rates Gain

The Baltic Exchange's dry bulk sea freight index .BADI touched a one-week high on Thursday, propelled by stronger demand across vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk commodities…

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Thu, 24 Nov 2022 16:03:58 Z

Reach Subsea to Add Two ROV Support Vessels to Its Fleet

Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured "significant vessel capacity for the coming four years" through a deal…

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Thu, 24 Nov 2022 15:08:21 Z

Proman Stena Bulk Names Its First Methanol-fueld Tanker in Trinidad & Tobago

In a ceremony held in Trinidad and Tobago on November 23, 2022, Proman Stena Bulk Ltd formally named its first newbuild IMOIIMeMAX methanol-fueled 49,900 DWT vessel, Stena Pro Patria.Stena Pro Patria is the first of three methanol-fueled vessels…

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Thu, 24 Nov 2022 14:37:36 Z

ABB's Shaft Generator Systems for COSCO's Ten Container Ships

ABB has secured a contract with the Chinese shipyard COSCO Shipping Heavy Industry (Yangzhou) Co. Ltd., to equip 10 China COSCO Shipping Corporation Limited container vessels with its permanent magnet shaft generator systems. Due for delivery by the end of 2025…

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Thu, 24 Nov 2022 08:15:57 Z

Schottel to Propel Four China-built Wind Turbine Installation Vessels

Schottel azimuth thrusters will propel four newly built wind turbine installation vessels (WTIVs) for Ouyang Offshore in Shanghai.The first vessel will be delivered in the fourth quarter of 2022, and these vessels will be able to install giant…

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Wed, 23 Nov 2022 21:20:36 Z

Sail Freight: Fair Winds or Grassroot Sustainability?

Climate change advocates and seafarers recently gathered for a small conference at the Hudson Valley Maritime Museum in Kingston, N.Y., to discuss the shipping industry’s struggle to achieve sustainability and environmental compliance.The setting, the hamlet of Rondout, N.Y.

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Wed, 23 Nov 2022 17:18:30 Z

ABS Publishes Detailed Requirements for Composite Repairs

The ABS Requirements for Bonded and Composite Repairs of Steel Structures and Piping is the latest in a portfolio of technical requirements from the classification organization to support the marine and offshore industries.Particularly with…

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Wed, 23 Nov 2022 16:31:54 Z

Russia's Tanker Fleet Too Small to Bypass Oil Price Cap

Russia's oil tanker fleet is too small to fully circumvent a plan by the European Union, G7 countries and Australia to enforce a price cap on its maritime crude exports starting on Dec. 5, analysts and market watchers say.The amount Russia would…

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