• 2017 October 13 12:46

    DEPA and Gastrade ink cooperation agreement on Alexandroupolis LNG terminal project

    The Chief Executive Officer of DEPA Mr. Theodoros Kitsakos and the Managing Director of Gastrade S.A. Mr. Konstantinos Spyropoulos signed yesterday, October 12, 2017 in Athens a Cooperation Agreement for the participation of DEPA to the Project of European Common Interest (PCI) «LNG Terminal in Northern Greece» which is being developed by GASTRADE in the area of Alexandroupolis, Greece, DEPA said in a press release.
     
    The Agreement includes the next steps for the participation of DEPA to the share capital of GASTRADE and a list of common efforts of the Parties for the further commercial development of the Project.
     
    The Project will secure new natural gas quantities for the supply of the Greek and the regional SE European markets, offering new sources and routes of natural gas supply, promoting competition to the benefit of the end consumers, enhancing the security of supply in Greece and the Balkan markets and improving the reliability and flexibility of the Greek National Natural Gas Transmission System and of the regional and trans-European gas networks.

    Background
    Over the past two years, DEPA and GASTRADE have conducted a series of constructive meetings in order to push forward their cooperation with regards to the Project, both at National and European levels, and to create the optimal setup for its development, construction and operation. On 09.02.2017, GASLOG Ltd, via a 100% owned affiliate, acquired 20% stake in the share capital of GASTRADE. GASLOG Ltd (NYSE: GLOG) is one of the largest international owners, operators and managers of Liquefied Natural Gas (LNG) carriers. GASLOG owns, operates and manages a fleet of 27 LNG carriers.
     
    DEPA, with its long standing presence in the Greek natural gas market, is a modern and competitive group with dynamic presence in the energy sector. DEPA promotes the development of strategic infrastructure for the supply of natural gas from diverse sources and routes at competitive price, with an objective to establish its leading role in the markets of the wider South East European region.
     
    GASTRADE S.A. is a Greek Utility Company which studies, designs, develops, operates and exploits natural gas infrastructures. GASTRADE develops the project of an Independent Natural Gas System (INGS) «LNG Terminal in Northern Greece» in Alexandroupolis for which all necessary licenses, in order for its construction to commence, have been obtained.




2017 December 17

08:08 APL enhances India Pakistan-Mediterranean Express Service with new port calls
07:06 Data on the LNG terminal in Świnoujście published on the ALSI platform
07:04 HELCOM and BONUS tighten collaboration for the good of environmental protection action in the Baltic Sea
06:57 Viking Sun sets sail on first world cruise from Miami to London

2017 December 16

07:46 CMA CGM announces GRR from Asia to West Africa
06:51 Hapag-Lloyd announces new rates from Far East Westbound East Asia (including Japan) to Europe N.C. and Mediterranean
06:49 Hutchison Ports ECT Rotterdam to launch a pilot project with ‘fixed windows’ for inland vessels with large call sizes
06:45 Miriam Maes to succeed Rutger van Slobbe as Chair of the Port of Rotterdam Authority Advisory Board
06:37 DNV GL launches first class guideline for additive manufacturing

2017 December 15

23:12 Russia and USA filed first ever joint note to IMO on shipping in Bering Strait and Bering Sea
18:20 Onezhsky Shipyard launched self-propelled hopper Silnaya (photo)
18:06 DOF sells the vessel Skandi Marstein
17:06 The Port of Gdansk to expand the Oliwskie Quay
16:50 Russia’s State Duma approves ensuring the priority of ships flying RF flag in the segment of short-sea shipping
16:21 CMA CGM announces GRR from Asia to West Africa
15:34 Construction at NIBULON’s transshipment terminal in Mykolaiv is in full swing
14:45 Klaipėdos Nafta and Eesti Gaas begin cooperation in small-scale LNG distribution business
14:18 Arctic Economic Council welcomes Korea Shipowners’ Association as first sub-Arctic member
13:51 Baltic Workboats delivered 24m combat pollution and diving support vessel to Port of Klaipeda
13:29 WMU Executive Board 21st Session meets in London
12:56 Marine Recruiting Agency launches training project for Rosterminalugol
12:33 Skangas to source LNG at import terminal on Isle of Grain, UK
12:10 Ningbo Zhoushan Port volumes up 9.6% to 933 million tons in Jan - Nov 2017
11:58 Azerbaijan Caspian Shipping Company holds training with participation of crane ships crew
11:32 Africa maritime cooperation centre launched
11:09 Throughput of port Helsinki (Finland) up 14% to 13.1 mln t in 11M’17
10:44 Brent Crude futures price up 0.11% to $63.38, Light Sweet Crude – up 0.39% to $57.26
10:30 Rolls-Royce delivers first mobile MTU gas engines for Rederij Doeksen
10:11 Port of Klaipeda (Lithuania) handled 39.21 mln t of cargo in 11M’17, up 6.5% Y-o-Y
09:57 IAA PortNews offers video of virtual round-table meeting “Best practices of coal transshipment in Russian ports”
09:32 Baltic Dry Index down to 1,668 points
09:16 GTT signs new Global Services Agreement with Chevron Transport Corporation
08:25 Safe Bulkers announces acquisition of a Post-Panamax class dry-bulk vessel
07:05 Port of Los Angeles sets new record for highest monthly container volumes
06:04 CMA CGM announces new FAK rates from Asia to North Europe
05:04 The Foundation Det Norske Veritas assumes full ownership of DNV GL
04:43 Damen Shiprepair & Conversion wins contract for first European conversion of a dredger to dual-fuel LNG / MGO

2017 December 14

18:03 Bunker prices still maintain the potential for growth
18:02 Pacific centre launches on low-carbon shipping mission
17:37 Gazprom and Shell to handle oversized equipment for Baltic LNG at Commercial Sea Port of Ust-Luga (photo)
17:29 Key decisions from MEPC 71 related to implementing BWM Convention outlined at BWMTech London Conference
17:05 Ulstein and TTS shortlisted for OSJ Innovation Award
16:35 HHI Group receives support of LR in building an LNG-fuelled future
16:05 Aker Solutions secures subsea services agreement with Statoil
15:50 Commercial Sea Port of Kandalaksha handled 1.46 mln t of cargo in 11M’17, up 3 times Y-o-Y
15:36 Special issue of PortNews magazine published for Transport Week is available online
15:25 United Nations experts endorse RF initiative
15:07 BASF extend their fleet with another Konecranes barge handler
14:52 Infrastructure development will be one of priorities of Vladimir Putin’s new presidential term
14:45 CMA CGM launches new, innovative and complementary set of products
14:03 Wärtsilä and Mitsubishi Heavy Industries MME to collaborate in creating improved power and propulsion for ships
13:31 CLdN adds fourth weekly sailing between Gothenburg and Zeebrugge
13:01 GTT and Korean DSEC sign Technical Assistance and License Agreement
12:29 IMO encourages member countries to ratify and enforce the London Protocol to prohibit dumping at sea
12:00 Bahri welcomes Abdullah Aldubaikhi as new CEO
11:30 Bunker fuel is still in short supply at the Far East ports of Russia (graph)
11:01 Port of Oakland import volume ahead of last year’s pace
10:40 Outright prohibition of heavy fuel in the Arctic is not reasonable – maritime administrations of Russia and Finland
10:21 Brent Crude futures price up 0.58% to $62.8, Light Sweet Crude – up 0.18% to $56.7
10:14 ABS awarded contract by Cenac Marine Services to support compliance with US Coast Guard (USCG) Subchapter M requirements