• 2017 September 20 17:49

    Uniper and Pavilion Gas sign LNG deal providing access to their assets in respective home markets

    Uniper Global Commodities SE, Germany, and Pavilion Gas Pte Ltd, Singapore, are expanding their liquefied natural gas trading businesses with an agreement to provide each other access to its LNG asset base and associated flexibility from the assets, Uniper says in a press release.

    The multi-year agreement between the companies provides Uniper access to Singapore storage and reload facility while Pavilion benefits from the access to LNG Re-gas capacities in Gate LNG terminal (Rotterdam, The Netherlands) and Grain LNG terminal (United Kingdom).

    The deal therefore will provide Pavilion access to UK and Continental European gas markets, while Uniper will benefit from getting access to LNG assets in the Asian market.

    This deal will enhance the flexibility within the diverse LNG portfolios developed by both companies over the years. It will further create LNG logistic optimization abilities for both companies between Atlantic and Pacific basin.

    Uniper brings its long track record of being one of the biggest mid-stream LNG and gas portfolio players in Europe to the deal while Pavilion provides all the experience from the South East Asian LNG market with focus on Singapore.

    Keith Martin, member of the board of Uniper SE, said “Uniper is very pleased to have signed this agreement with Pavilion Gas. Combining Pavilion Gas and Uniper's LNG and midstream capabilities provides a way for our respective companies to broaden our portfolios now and in the future through this cooperation. We are thankful to the Pavilion Gas team for their efforts over the past months in concluding this important Agreement with Uniper.”

    Both companies will be looking to co-operate further in different areas of energy trading providing extensive experience of their home markets and venturing into new markets together.

    About Uniper

    Uniper Global Commodities is a unit of Uniper SE, an international energy company with about 13,000 employees, based in Düsseldorf, Germany. Uniper operates in Europe, Russia, and other markets around the world. A balanced portfolio of large-scale assets—combined with outstanding technical and commercial expertise enable Uniper to deliver bespoke, competitively priced energy products and services.

    Uniper operates about 40 GW of reliable power generating capacity in Europe and Russia which consists mainly of hydro, gas, and coal power plants. This asset base and fuel mix makes Uniper a large producer of reliable, dispatchable power with a high percentage of climate-friendly energy sources like hydro and gas. Uniper also has access to a variety of gas sources, longterm gas contracts and the global LNG market. In addition, Uniper operates gas storage facilities with a total capacity of about 8,5 bcm (Billion cubic meters) in Germany, Austria and the United Kingdom. Uniper’s trading activities encompass the entire energy commodity supply chain in power, emission allowances, natural gas, LNG, coal, and freight.

    About Pavilion Energy

    Pavilion Energy invests in key liquefied natural gas (LNG) businesses to support the growth of a sustainable future in the region. Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy, is responsible for the marketing and distribution of natural gas in Singapore and the region, including small-scale LNG and LNG bunkering initiatives; and participates in LNG trading across the globe. In 2016, Pavilion Gas was appointed by the Singapore Energy Market Authority (EMA) as an LNG Importer for Singapore.




2018 July 19

18:23 MPA and Port of Rotterdam Authority to continue cooperation in information exchange and R&D
18:14 DP World signs agreement to boost international trade
17:55 NIBULON launched second T3500 Project tug
17:32 IMO supports spill preparedness in the Northwest Pacific
17:10 ABB turbochargers support optimal performance and fuel efficiency for one of the world’s largest container ships
16:48 Escort vessel Yaroslav Mudriy of RF Navy’s Baltic Fleet leaves port of Cyprus
16:21 Ocean Alliance - CMA CGM to reshuffle its CIMEX 6 service
15:59 Blagoveshchensk shipyard launched hydrographic vessel Aleksandr Rogotsky built for RF Navy’s Pacific Fleet
15:26 Austal USA opens new San Diego operations office
15:04 MABUX says high volatility remains in global bunker market
14:45 Port of Klaipeda (Lithuania) handled 22.2 million tonnes of cargo in 6M'18, up 7.6% Y-o-Y
14:27 FSB Border Service explains its position as regards vessels owned by foreign entities and used by Russian fishermen
14:09 New CMA CGM's FAK rates from Asia to North Europe
14:02 The PORT OF KIEL invests in cargo handling and environmental technology
13:43 Season of icebreaker assistance in water area of port Sabetta is over from July 20
13:28 Coast Guard offloads approximately 8.5 tons of cocaine
13:04 CMA CGM: FAK rates from Asia to the Mediterranean
12:55 NOVATEK shipped first LNG cargos to China
12:36 ILCA, Port of Amsterdam to host Chem Together meeting, Sept. 11
12:10 Fuel oil prices are flat at the Far East ports of Russia (graph)
11:42 State Duma approves Russian ships’ multiple crossings of State Border through notification procedure
11:19 CMA CGM to apply FAK rates for Asia-North Africa trades
10:54 Canada’s Davie Shipbuilding delivered first LNG-powered ferry to be built in North America
10:35 NYK establishes logistics JV for finished cars using automobile freight trains in India
10:03 New Port of Hamburg “Connection Compass 2018/19” has arrived
09:46 Brent Crude futures price down 0.18% to $72.77, Light Sweet Crude – down 0.12% to $67.67
09:14 Baltic Dry Index up to 1,688 points

2018 July 18

18:31 Naval Group posts H1 2018 performance results
18:00 BC Ferries announces sponsorship of the Nicholas Sonntag Marine Education Centre
17:36 DP World announces closing of Continental Warehousing Corporation (India) transaction
17:12 Marine Technics to participate in International Far East Maritime Show-2018
16:44 Oleg Bukin elected as Chairman of Tuapse Commercial Seaport BoD
16:23 Transocean and Chevron Australia ink 11-well contract
15:45 Stena Bulk positions itself in crude oil
15:19 Transocean announces 13-well contract for Transocean 712
14:57 AGCS issued Safety & Shipping Review 2018
14:43 Scandlines Helsingborg-Helsingör kicks off the holiday traffic season without delay
14:18 Intermarine UK promotes Portland Port to Government minister
14:00 Szczecin to become the capital of Baltic seaports in September
13:31 OHT to order ULSTEIN-designed heavy lift transport and installation vessel
12:59 Ports of Szczecin and Świnoujście announce 12-pct increase of cargo handling in HI’18
12:22 Dorian LPG confirms receipt of director nominations from BW LPG
11:50 Throughput of Ukraine’s seaports in HI’18 fell by 3.1% Y-o-Y to 53.8 million tonnes
11:25 TTS Colibri 3D compensated crane passes FAT
11:03 Overseas Shipholding Group places order for cemical tanker duo with Hyundai Mipo Dockyard
10:41 Yaroslavsky Shipbuilding Plant launches Svetlyak-class patrol boat Balaklava
10:32 Brent Crude futures price down 0.35% to $71.91, Light Sweet Crude – down 0.36% to $66.92
10:16 ICS encouraged by IMO progress on 2020 global sulphur cap implementation issues
09:59 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:40 Throughput of Russian seaports in 6M’18 grew by 2.8% Y-o-Y to 394.8 million tonnes (detalization)
09:16 Baltic Dry Index up to 1,721 points

2018 July 17

18:24 North P&I Club and 24Vision ink partnership agreement
18:07 Lockheed Martin awarded Navy's contract worth more than $450 million in FMS funding for MMSC project
17:55 TransContainer announced its operating results for the second quarter and the first half of 2018
17:27 Equinor buys shares for use in the group's Share saving plan
17:11 Vigor Marine LLC gets Navy's contract for USNS Mercy mid-term availability
16:56 Okskaya Sudoverf puts into operation Belmax 4, fourth non-self-propelled barge of Project ROB20
16:34 Prosafe awarded important contract in Brazil
15:47 Orsted opts for Tekmar's CPS for Borssele 1 and 2 offshore wind farm projects
15:28 Port of Rotterdam places a bee colony in the port area