• 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 July 28

18:37 USCG recognizes ABS employee for leadership in US gas development
18:21 Damen presents latest concept design of decomissioning vessel
17:58 Nefteflot launches the lead oil tanker of Project RST11
17:35 Lamprell announces jackup rig delivery delay
17:12 Port Bronka handles first vessel of China COSCO which delivered oversized and heavy equipment (photo)
16:49 Race Two in The Tall Ships Races 2016 is over
16:27 Advanced dual AlphaBridge delivered to double ended ferry Texelstroom
15:56 Latvijas Tilti will perform dredging and reconstruction works at the port of Klaipeda
15:23 General Dynamics NASSCO delivers ECO Class tanker to APT
14:59 Dmitry Ovsyannikov appointed as Acting Governor of Sevastopol
14:37 Bunker prices go down in the Far East ports (graph)
14:14 Tan Cang Cai Mep International Terminal achieves a throughput volume of 483,000 teus in first half of 2016
13:41 Yevgeny Zinichev appointed as Acting Governor of the Kaliningrad Region
13:20 CMA CGM implements GRR from Indian Sub-continent and Middle East Gulf to West Africa
13:00 Vladimir Bulavin appointed as the head of Russia’s Federal Customs Service
12:39 Throughput of Sea Port of Saint-Petersburg down 11% to 3.79 mln t in HI’2016
12:22 APL introduces Felixstowe Express Service for Asia-Europe trade
12:04 CMA CGM implements GRR from Asia to Kenya and Tanzania
11:47 Shipyard “Pella” presented its new shipbuilding complex at the Forum of Strategic Initiatives
11:09 OPDR opens new agency in Saint Petersburg
10:55 HHLA receives 2016 German Brand Award
10:12 Brent Crude futures price down 0.09% to $43.87, Light Sweet Crude – down 0.02% to $41.91
09:51 Baltic Dry Index down to 679 points
09:33 £500,000 investment ensures a sustainable future for Alexandra Dock’s listed structures
09:14 Board session of the Russian Defence Ministry was held in Moscow

2016 July 27

18:05 CMA CGM implements GRR from all Asian ports to all Middle East Gulf ports
17:57 RF Defence Ministry to use 95 sea vessels and 6 ports for logistic purposes in the Arctic
17:46 VI International Forum «Arctic: the Present and the Future» will open in Saint-Petersburg on December 5
17:21 Hyundai Heavy Industries posts 900 bln won profits for First Half of 2016
16:59 The Port of Gdansk at the Maritime Silk Road International Forum in China
16:35 CMA CGM implements GRR from all Asian ports to Pakistan / West India / Sri Lanka
16:13 Technip awarded key IRM frame agreement in UKCS
15:57 New TSHD Sommers commences dredging at Makhachkala seaport (photo)
15:40 Wan Hai and AEG signed cooperation agreement aim to reduce emission pollution at Port of Long Beach
15:20 The Long Beach Board of Harbor Commissioners approves US largest voluntary port mitigation fund
15:08 Partial Busan North Port Container Terminal to be reconfigured to cruise terminal
14:56 Rosmorport’s Arkhangelsk Branch Ice Pilots escorted 15 vessels of Jan De Nul to the Gulf of Ob
14:42 DP World signs MOU with Taiwan International Ports Corporation
14:33 Kandalaksha Bay VTS obtains Certificate of Compliance
14:02 Port of NY & NJ welcomes two maiden voyages
13:48 CTSP annouces half-year 2016 operating results
13:13 Technip awarded by Woodside large subsea contract for Greater Enfield development
12:50 Indicative bunker prices go down at the port of Saint-Petersburg (graph)
12:31 DP World reports 2 .5% gross volume growth in H1 2016
12:01 New RS class icebreaker laid down in Saint-Petersburg
11:52 Rosmorport and MSC GROUP discussed project on construction of sea terminal in the city of Pionersky
11:37 HMD, POSCO and ILSHIN LOGISTICS to build 50,000 dwt LNG-fuelled bulk carrier
11:23 ClassNK makes breakthrough finding for ultra-large container ships
11:18 Korsakov-Wakkanai ferry link resumes operation from August 1, 2016 (photo)
11:00 Baltic Dry Index down to 696 points
10:45 Samil PwC gives green light for HHI’s 3.5 trillion won management improvement plan
10:24 Brent Crude futures price down 0.53% to $44.99, Light Sweet Crude – down 0.47% to $42.72
10:03 The Tall Ships Races 2016: the fleet says farewell to Lisbon
09:41 LNG-Gorskaya obtains permit for construction of eco-port in Saint-Petersburg
09:17 SPB Marine LLC will supply silencers Discom for the research vessel

2016 July 26

18:26 VOS Princess and VOS Principle start maiden voyages
18:06 Stena Line methanol project shortlisted for Global Freight Awards
17:56 Wärtsilä REvolution system takes sealing technology to a new level
17:43 Amendments into FTP on Nizhny Novgorod hydrosystem brought up for public discussion (document)
17:36 COSCO delivers Emergency Response Rescue Vessel