• 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.




2017 August 18

18:21 TOTE plans to establish new U.S. mainland to Hawai’i shipping service
18:06 CMA CGM announces FAK Rates from Asia to Mediterranean
17:55 NCSP volumes for 7M 2017 totaled 85.2 mln tons
17:27 Alexander Masko re-elected as Director General of Murmansk Commercial Seaport (photo)
17:06 Austal and ASC Shipbuilding re-commit to sovereign national shipbuilding endeavour
16:42 Nuclear-powered icebreaker 50 Let Pobedy sets a record having reached the North Pole for 79 hours
16:18 IBIA supports continued efforts to protect MFM integrity and expanding application to terminal loadings
16:16 Fjord Line doubles the capacity on the fastest route between Norway and Denmark
15:45 Sea Port of Saint-Petersburg renews its equipment
15:19 Finnish Transport Agency reports increase of import/export volumes in international seaborne trade of HI’17
14:51 Indicative bunker prices go down at the port of Saint-Petersburg (graph)
14:26 Marine Rescue Service of Rosmorrechflot congratulates the team of UCL Holding on the group’s 10th anniversary!
14:04 Severodvinsk nuclear submarine of the Northern Fleet carried out missile firing
13:40 Arctic Economic Council took part in 2017 North Pacific Arctic Conference
13:02 CMA CGM announces GRI from Asia to Mexico, West Coast South America & West Coast Central America
12:37 Tuco Marine delivers hydrographic survey boat to Nelleman Survey
12:23 LNG Croatia announces investigation of the seabed at LNG terminal site
11:38 Nevsky Shipyard congratulates the team of UCL Holding with the group’s 10th anniversary!
11:09 Team Tankers International announces Q2 2017 results
10:45 FSBI Baltic Sea Ports Administration congratulates the team of UCL Holding on the group’s anniversary!
10:22 Brent Crude futures price down 0.12% to $50.97, Light Sweet Crude – down 0.13% to $47.03
10:00 Port of Cardiff invests over £4 million to support steel sector
09:37 Tehnoros congratulates the team of UCL Holding on the group’s anniversary!
09:14 Baltic Dry Index up to 1,247 points
07:48 Admiral Vidal Francisco Soberón Sanz takes part in a symbolic coin ceremony at Damen Schelde Naval Shipbuilding

2017 August 17

18:06 Carnival Paradise to offer five additional cruises to Havana, Cuba, from port of Tampa in 2018
17:50 10 cruise ships will call at the Port of Southampton this weekend
17:36 Golar LNG Limited announced the sale of an interest in the FLNG, Hilli Episeyo
17:17 MSCC Bronka to purchase one more LHM 800 SWL crane of 302 t in capacity
17:06 Golden Ocean posts second quarter 2017 results
16:45 LR joins project to build world’s biggest sailing cargo ship
16:40 Rhine Alpine Rail Freight Corridor must re-open quickly
16:31 AS Tallink Grupp has extended Superfast vessel charter agreement
16:16 Port Bronka and Fenix LLC congratulate UCL Holding with its first anniversary!
16:03 MABUX: Irregular changes may prevail on global bunker market next week
15:44 Throughput of port Kaliningrad in Jan-July'17 grew by 10% to 7.68 mln t
15:19 Morstroytechnology LLC congratulates the team of UCL Holding on the group’s 10th anniversary!
14:38 Throughput of port Vyborg up 6% to 755,500 t in 7M’17
13:52 Throughput of port Primorsk in 7M’17 down 5% Y-o-Y to 35.67 mln t
13:27 PORT FLEET JSC congratulates the team of UCL Holding on the group’s 10th anniversary!
13:01 Throughput of port Vysotsk up 9% to 10.52 mln t in Jan-July'17
12:35 UCL Holding celebrates its 10th anniversary on 24 August 2017
12:10 CMA CGM announces GRI from Asia to Mexico, West Coast South America & West Coast Central America
11:59 SSP-M newest underwater rescue equipment will be demonstrated at the Army 2017 Forum
11:24 exactEarth’s Small Vessel Tracking Service is now supported by the VMS Track-Pro from Weatherdock AG
11:23 Throughput of port Ust-Luga up 12% to 58.89 mln t in 7M’2017
11:00 Optimarin demonstrates total system reliability in market beset by technical issues
10:36 DEME secures submarine cable installation contract for Elia Modular Offshore Grid
10:26 Brent Crude futures price up to 0.16% to $50.35, Light Sweet Crude – flat at $46.78
10:04 HELCOM and OSPAR release new online ballast water risk assessment tool
09:37 Throughput of Big Port St. Petersburg up 9% to 30.34 mln t in 7M’17
09:15 Baltic Dry Index up to 1,207 points

2017 August 16

18:02 Bunker prices slightly changed at the port of Novorossiysk, Russia (graph)
17:41 MTH development is one of the priorities among infrastructure projects in the Northwest of Russia – Vladimir Putin
17:18 Aker Arctic joins new EU funded project with aim to improve Arctic Shipping Safety
16:53 Multipurpose Reloading Complex (Ust-Luga) increased financing of its social programme
16:29 The Maritime Standard Awards extends nomination deadline
16:22 ABB’s DEGO IV software delivers on fuel saving promise for Stena Line vessel
15:46 Vladimir Putin is for tariffs for stevedores to be transferred into roubles from 1 January 2018
15:34 AXSMarine presents new Big Data application for the dry bulk industry