• 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 June 29

18:44 Sea Installer crane upgrade complete
18:16 ZIM launches new mobile application
17:46 Graduation ceremony held at Makarov University’s Institute of International Transport Management (photo release)
17:11 Sembcorp Marine acquires a 50% stake in KANFA Aragon AS
16:37 ZIM launches new mobile application for customers
16:34 Deep Sea Supply awarded three new time charter contracts for operations in Egypt by BP Egypt
16:03 Siem Offshore Contractors awarded contract for the Beatrice OWF
15:44 Boskalis to reinforce Wadden Sea dike between Eemshaven and Delfzijl
15:11 VOS Star christening ceremony held in Dordrecht
14:50 Patrol boat of Project 14M put into operation in Yakutsk
14:32 Wärtsilä supplies 161 MW Flexicycle power plant to Saudi Arabia
14:14 Millionth tonne of oil produced at Gazprom Neft Novoportovskoye field
13:55 President of Russian Railways signs several agreements in Beijing
13:33 Navios Partners appoints Lampros Theodorou to the Board of Directors
13:11 Kalmar delivers eight diesel-electric straddle carriers to Port of Tauranga in New Zealand
12:41 MAN turbochargers round millennium mark
12:10 MSC partners with Peel Ports for Liverpool2 trials
11:28 Wärtsilä partners with Zamakona Yards to expand its service offering in the Canary Islands
11:13 Advanced MacGregor technology serves new polar research ship
11:02 Klaipeda Seaport cargo handling turnover up by 7,3 pct. to 16,69 mln tn in January – May of 2016
10:56 LPG tanker transits expanded Panama Canal
10:42 Bunker market of port of Saint-Petersburg sees no significant changes (graph)
10:11 Port Operations and Safety Discussion Agreement clears FMC regulatory review
09:44 Brent Crude futures price up 0.47% to $49.49, Light Sweet Crude – up 0.71% to $48.19
09:30 Baltic Dry Index up 627 points
09:16 Throughput of port Taganrog down 24.4% to 838,500 t in Jan-May'16

2016 June 28

18:31 USCG reopens waterway on Red River
18:27 Navig8 Chemical Tankers takes delivery of its first chemical tanker from Kitanihon Shipbuilding
18:03 Hull of the Siberia, first serial icebreaker of project 22220, shifted to a new position at Baltiysky Zavod shipyard
17:46 TransContainer will not pay out dividends for the year 2015
17:24 ICTSI wins excellence award in supply management
16:58 Crimea Bridge designers enhance protection of the bridge support structures (graphics)
16:32 ICS highlights role of merchant seafarers in migrant rescues
16:03 Diana Shipping announces time charter contract for m/v Crystalia with SwissMarine
15:27 New DNV GL marine warranty standards are a digital first
15:23 LUKOIL Marine Lubricants introduces two new products for marine engines
15:03 ABS, Keppel define JDPs to accelerate innovation
14:58 Passenger traffic of Kerch ferry service will grow by 25-30% in 2016, says Crimea’s Transport Minister
14:33 CMA CGM crosses 90% ownership threshold in NOL and intends to delist the company from the SGX-ST
14:12 Vard announces termination of shipbuilding contract with Rem Offshore
13:48 CMA CGM crosses 90% ownership threshold in NOL
13:32 New IMO regulations on verified gross mass start July 1st
13:02 NYK vessel first to make commercial transit through expanded Panama Canal
12:51 “K” Line and Kawasaki Heavy Industries announce joint development project of “K-IMS”
12:39 IFO-180 prices in the Far East ports are persistently high (graph)
12:04 BigLift Shipping orders third S-type vessel
11:50 Storage tanks for LNG distribution station in Klaipėda have undergone their first hydraulic tests
11:31 Newport News Industrial announces 52,000-square-foot expansion at its HQ
11:03 Capacities of Klaipėdos nafta’s LNG terminal already booked by Lithuanian Gas Supply and Litgas
10:46 Expanded Panama Canal opens with COSCO Shipping Panama transit
10:41 Fincantieri secures U.S. Navy LCU and T-ATS(X) design studies & analyses contracts
10:22 Austal delivers EPF 7 to U.S. Navy
09:58 Brent Crude futures price up 1.15% to $48.32, Light Sweet Crude – up 1.30% to $46.93
09:27 Baltic Dry Index up to 616 points
09:19 Rauma Shipyard secures its first Ro-Ro ferry contract worth EUR 68m

2016 June 27

18:43 USCG responds to tanker aground near Nunivak Island, Alaska
18:16 Port of Antwerp extends collaboration with North-Chinese university
17:51 Throughput of port Azov up 18.1% to 2.96 mln t in Jan-May'16
17:36 VOTL of Essar Ports is the best performing marine terminal in Kandla Port Trust
17:16 PSA launches living lab for port and logistics industry