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£5million lending package puts wind in the sails of Leask Marine

£5million lending package puts wind in the sails of Leask Marine Updated: May 14, 2021, 2:44 pm © Supplied by Sent from Big Partne Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up An Orkney-based marine services company has set a course to double the size of its business thanks to a £5.3m funding boost from lenders. Leask Marine secured the asset-backed lending package, term loan and working capital facility from Royal Bank of Scotland to acquire new equipment which will enable it to grow its contracts in the tidal and offshore renewable energy market.

Magallanes Renovables tidal turbine reinstalled at EMEC test site

Advertisement EMEC has welcomed Spanish tidal energy developer Magallanes Renovables back to its tidal test site at the Fall of Warness in Orkney, Scotland. The successful reinstallation of Magallanes’ second generation 2 MW tidal platform ‘ATIR’ took place on 19 April 2021. The Magallanes team worked in collaboration with Orkney-based marine service provider Leask Marine, along with the Orkney Harbour Authority tug Thor, to install the platform in an operation lasting eight hours. In the coming weeks, the ATIR will be connected to the national electricity grid. Magallanes Renovables has been developing its tidal technology for over 12 years and tested a scale version of the ATIR at EMEC’s Shapinsay Sound test site in 2014.

Damen Delivers Workboat To Leask Marine

Damen Delivers Workboat to Leask Marine Maritime Activity Reports, Inc. (Photo: Damen) Damen Shipyards Group has delivered a Multi Cat 2712 to Orkney-based Leask Marine. The vessel has been delivered just six weeks following contract; a result of Damen’s series building philosophy. She will perform a variety of marine engineering-related tasks, including dive support, anchor-handling and cable-laying assistance. The Multi Cat, named C-Force, is Leask Marine’s second Damen vessel. They have operated their first, the C-Salvor, a Multi Cat 2409, for many years. The company approached the shipbuilder with a request to deliver a new vessel very quickly. Damen, known for building its vessels in series and for stock, we well positioned to assist, having a vessel available at one of its Dutch yards. The two companies signed a contract on March 3 and Damen handed the vessel over on April 19, just six and a half weeks later.

Damen delivers Multi Cat to Leask - Dredging Today

Damen delivers Multi Cat to Leask April 23, 2021, by Eldin Ganic Damen Shipyards Group has delivered a Multi Cat 2712 to Orkney-based Leask Marine. The vessel has been delivered just six weeks following the contract, Damen said. “The Multi Cat, named C-Force, is Leask Marine’s second Damen vessel. They have operated their first, the C-Salvor, a Multi Cat 2409, for many years. The company approached the shipbuilder with a request to deliver a new vessel very quickly,” according to the shipbuilder. Douglas Leask, Managing Director of Leask Marine, said: “We are particularly pleased to have purchased the Damen Multi Cat 2712, and the purchase of the C-Force is another significant milestone in the development of the business and provides a great enhancement to the range of services we provide.”

Magallanes tidal unit reinstalled at EMEC

Spanish tidal energy developer Magallanes Renovables has reinstalled its 2MW Atir device at the European Marine Energy Centre (EMEC) at the Fall of Warness in Orkney, Scotland. Magallanes worked in collaboration with Orkney-based marine service provider Leask Marine, along with the Orkney Harbour Authority tug Thor, to install the platform in an operation lasting eight hours on 19 April. EMEC said that in the coming weeks Atir will be connected to the national grid. Atir was initially launched in 2017 and underwent tow testing in Vigo, Spain, prior to being installed and connected to the national grid at EMEC in Orkney in 2019.

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