• 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 September 30

18:25 Nor-Shipping crowd-sources to turn industry problems into profit
18:08 Presentation of 4FOLD foldable container in the Port of Hamburg
18:00 MacGregor acquires majority shares of Flintstone Technology Ltd.
17:57 Höegh Autoliners increases presence in the Norwegian market
17:55 DFDS to increase services to the UK
17:53 Keppel FELS delivers fifth accommodation unit to Floatel safely and on time
17:51 LR contracted to class Federal German seagoing fleet
17:48 Brodosplit announces delivery of high quality residential containers
17:30 Pacific Fleet missile motor boats performed artillery firings against sea and air targets
16:56 Amendments into Rules for Navigation in NSR waters brought up for public discussion (document)
16:18 Rosmorport and Novorossiysk sign agreement on cooperation in reconstruction of Novorossiysk port facilities
15:55 Okskaya Shipyard starts sea trials of firefighting tugboat Penai, Project TG-17 (photo)
15:23 MOL announces the delivery of the 50,000 DWT methanol carrier
15:00 First container train dispatched by Primorje-1 transit corridor
14:21 CMA CGM implements GRR from Asia to West Africa
13:49 Rosneft performed bunkering of training ships in the course of SCF Black Sea Tall Ships Regatta 2016 2016 (photo)
13:21 MSC and Zim start a new joint Black Sea service
13:02 DFDS adds extra ship to freight service on Rotterdam - Immingham (UK)
12:24 Media group PortNews embarks on organizing 4th International Forum of Dredging Companies
12:00 Consul General of Israel in St. Petersburg visited Passenger Port of St. Petersburg
11:59 MOL enters into agreement for fund procurement through hybrid loan
11:33 Port representatives from Hamburg Metropolitan Region hold very satisfactory discussions during Port Evening in St. Petersburg
11:08 Lietuvos Dujų Tiekimas reserves additional capacities of LNG terminal under agreement with Klaipėdos Nafta
10:39 Murmansk will host 9th international conference “Arctic Shelf Development: step by step” on November 14-15
10:15 Damen supports 4th International Forum of Dredging Companies as its General Sponsor
09:57 Brent Crude futures price down 1.23% to $49.15, Light Sweet Crude – down 1.21% to $47.25
09:32 Indicative bunker prices are flat at the port of Saint-Petersburg (graph)
09:16 Baltic Dry Index down to 888 points

2016 September 29

18:01 Krasnoye Sormovo to launch third vessel of Project TSHD on October 5 (photo)
17:23 First line ship of Northern Shipping Company calls at port Bronka (photo)
17:04 IWAI signs MoUs with Dredging Corporation of India, Paradip Port Trust and Mormugao Port Trust
16:04 ANL adjusts BAF for Australia & New Zealand to East Coast USA & Canada and SCAN/EUR/MED to/from ANZ
15:25 Alekseev HCDB delivers first hydrofoil of Project 14625 Delfin V2 (photo)
15:19 OPEC’s agreement may provide a short-term boost to bunker prices, expert says
15:04 Niclas Mårtensson assumes the position of CEO at Stena Line
14:39 NCSP suspends payment of HI’2016 dividends for risk minimization
14:04 MOL suspends the Asia – North America East Coast service
13:03 CDiRS launches the first rail service China-Netherlands
12:37 Xeneta CEO Patrik Berglund wins Next Generation Shipping Award
12:30 Mast stepping ceremony held for LNG driven fast ferry Megastar
12:03 Wärtsilä to power new Danish ferry with two 8-cylinder 31 main engines
11:43 Douglas-Westwood says bright spots in oversupply in global drilling and production market
11:32 Bunker prices show faster growth in the Far East ports (graph)
11:03 Ocean Yield ASA announces delivery of container vessel with 15 years charter
10:45 Cargotec is part of the world's first ecosystem initiative for autonomous ships
10:27 Brent Crude futures price down 0.45% to $49.02, Light Sweet Crude – down 0.11% to $47
10:09 Port of New York and New Jersey container volumes up 2.0 percent to 585,327 TEUs in August 2016
09:56 Large scale development of Russia’s Arctic to begin in 2020 – 2022, says Dmitry Rogozin
09:43 OOCL announces Asia-North America East Coast Winter Program
09:28 Baltic Dry Index down to 912 points
09:11 Icebreaker Otso back from Greenland

2016 September 28

18:37 Damen repeats multiple vessel transport strategy
18:07 Cargotec is part of the world's first ecosystem initiative for autonomous ships
17:55 Forum DV and Ecoservis-DV start supplying fresh water at port Vanino (photo)
17:45 Maersk Line orders 14,800 new reefer containers
17:39 Abu Dhabi Ports announces concession agreement with COSCO SHIPPING Ports Limited
17:02 ZNT Yard launches two diving boats for RF Defence Ministry (photo)
16:30 The world´s first LNG-powered icebreaker Polaris delivered
15:44 DP World wins ‘Best Company for Investor Relations in the Middle East’ for third consecutive year
14:59 100 mln t of oil pumped through ESPO-2 oil trunk pipeline since beginning of operation