• 2016 February 9 12:48

    Lithuanian LNG terminal services demand triples

    LNG terminal operator SC Klaipedos Nafta says it has entered into two new contracts with the biggest national gas market participants – JSC "Lietuvos dujų tiekimas" and SC “Achema”. LNG terminal capacity utilization contract is concluded for the period until 30th September 2016. For this period LNG terminal will receive 12 cargoes.

    "Literally, we can say that the LNG terminal in Klaipeda has created all the prerequisites for an independent gas market to emerge with the ability for gas customers to choose for themselves the most attractive and acceptable gas supply source. Proof of this is the appearance of a new terminal capacity user. I would like to emphasize that this is a clear signal not only to Lithuania, but also for all Baltic market, that the LNG terminal ensures efficient logistics chain and creates the preconditions to get gas at lower prices than are currently offered by alternative gas suppliers providing pipeline gas,"- said SC Klaipedos Nafta General Manager Mantas Bartuška.

    According to the company, already in the second year of LNG terminal operation LNG import demand confirms that there had been made and optimal choice of the technological concept of the terminal – 170,000 cubic meters storage tanks size is equal to the standard gas carriers and allows unrestrictedly receive LNG cargoes. Meanwhile regasification device’s capability allows supplying the market with the necessary natural gas quantities.

    During the first year of terminal operation there was one user – JSC "LitGas", also Estonian industrialists import gas from Lithuania.

    "Lithuania has created a regulatory environment which actually made it possible to diversify the market. In our view, this should be an example to the other countries in the Baltic region to use existing regulatory environment and harmonize our markets into a single regulatory system. Joining forces in unified regulatory environment of the Baltic countries enables us appropriately and timely response to changes in the gas market and make effective decisions for LNG purchase. We believe that the Baltic countries can exploit the resulting alternative gas supply infrastructure in the region,"- says Mantas Bartuška.

    The State owns 72.32 percent of Klaipedos Nafta shares.

2016 October 26

18:05 Terex Corporation announces leadership change in its cranes segment
17:53 ABB electrification of world’s largest emission-free ferries shortlisted for maritime award
17:35 CMA CGM announces GRR from all Asian ports to all Middle East Gulf ports
17:05 Samskip opens new office in Bergen, Norway
16:51 Infotech Baltika successfully completed unique delivery of equipment of Gazpromneft-Omsk Refinery (photo release)
16:35 CMA CGM to reorganize temporarily its PHOEX and BEX Lines
16:04 Oliver Stacey Design and BMT present project of 80m sail-assisted exploration yacht
15:47 Pella shipyard (Leningrad Region) launches rescue tugboat of Project 02980 for RF Navy
15:30 CMA CGM to improve WAZZAN service from Morocco to West Africa
15:12 Diesel-electric submarine Veliky Novgorod delivered to RF Navy (photo)
15:05 Maersk Line announces FAK rates from Asia to New Zealand
15:04 ABS earns auditor status in AWO Responsible Carrier Program
14:38 Ports of Antwerp, Hamburg, Rotterdam, Le Havre and Bremen/Bremerhaven support designation North Sea and Baltic countries as Nitrogen Emission Control Areas
14:34 Awards maintain Standard for excellence
14:16 NOVATEK says its profit calculated according to IFRS surged 3.3 times to RUB 198.34 bln
13:37 ABP’s Humber ports complex shortlisted for North of England Transport Awards
13:05 Sea Port of Saint-Petersburg reinforces its machinery fleet (photo)
12:38 Dutch delegation visits Ukraine to explore possibilities of cooperation on development of ports in Mykolaiv and Kherson
12:10 Shipping industry meets in Tokyo to discuss mutual challenges
11:46 Ukrainian Government to launch a reform of customs on 1 January 2017
11:23 GTsKB Rechflota completes concept design of 600 kW shallow-draught pusher tug (graphics)
11:00 DP World Australia and Tasports to build new international container terminal in the port of Burnie
10:54 Marine environment and climate to be considered by the IMO
10:49 Port of Riga is expecting 88 cruise ship calls in 2017
10:30 Brent Crude futures price down 0.96% to $50.30, Light Sweet Crude – down 1.16% to $49.38
10:17 Riga Port VTS Centre takes part in the development of a uniform system for obtaining information from ships in the Baltic Sea region
09:55 Dredging at Ukrainian port of Belgorod-Dnestrovsky totals 800,000 cbm this year
09:36 Indicative bunker prices are almost flat at the port of Saint-Petersburg (graph)
09:18 Baltic Dry Index down to 813 points

2016 October 25

18:04 CMA CGM announces new FAK rates from Asia to North Africa
17:50 Gazprom to build two offshore strings across the Black Sea to Turkey by late 2019
17:34 CMA CGM announces FAK rates from Asia to Mediterranean
17:18 Keel of Derzky corvette to be laid in Saint Petersburg on October 28
17:04 CLdN Ro-Ro starts new intermodal service between the ports of Zeebrugge and Lyon
16:49 Multipurpose Reloading Complex of Ust-Luga invested over RUB 22 mln in port infrastructure development
16:34 Statoil cancels contract with Stena Drilling for the mobile rig Stena Don
16:20 Worldwide backlog of orders till 2020 includes 130 LNG and 141 LPG tankers – expert
16:04 Cargotec launches a programme to achieve annual cost savings of approximately EUR 25 million in MacGregor
15:42 IUMI opens new overseas hub in Asia
15:04 Dutch business community calls on government to introduce climate legislation
14:49 Oil spill prevention and response exercise held in Ust-Luga port (photo)
14:21 JAXPORT reports container volume of 968,279 TEUs for fiscal year ending Sept. 30, 2016
14:18 DP World reports 2.2 % gross volume growth in the first nine months of 2016
13:58 Freight terminal in Сentral Gothenburg moves to the Port of Gothenburg
13:37 Damen delivers stock CSD450 within 3 working days on site
13:25 Fuel oil prices are still high at the Far East ports amid the deficit in the region (graph)
13:02 MOL issues "MOL Safety Standard Specifications" brochure
12:47 RS to participate in Shiptec China 2016
12:31 MPI’s wind-turbine installation vessel’s leg extensions increase work capabilities
12:12 Krylov State Research Centre took part in Marintec Russia Exhibition and Conference
12:05 Rolls-Royce to deliver ship equipment to the world’s largest tugs
11:59 GTT receives an order from DSME to equip two new LNG carriers
11:01 Smetlivy guard ship returned to Sevastopol after accomplishing the assigned tasks
10:20 DP World reports 2.2% gross volume growth in the first nine months of 2016
09:54 Brent Crude futures price down 0.66% to $51.52, Light Sweet Crude – down 0.06% to $50.56
09:35 Russian LNG projects are implemented under unfavorable market conditions – expert
09:16 Baltic Dry Index up to 831 points

2016 October 24

18:50 Port of Antwerp handles first project cargo for petrochemical cluster
17:58 Global order backlog numbers 138 LNG carriers
17:29 Dredging ship Belomorsky returns to Arkhangelsk under Russian flag (photo)