• 2017 December 12 17:48

    Skangas signs Letter of Intent with National Grid Grain LNG

    Skangas to Source LNG at Import Terminal on Isle of Grain, UK Skangas today announced that it has signed a Letter of Intent (LoI) with National Grid Grain LNG. Under the terms of the LoI, Skangas is to source LNG at the Grain LNG import terminal on the Isle of Grain in the UK. Skangas, which produces LNG, struck the deal with Grain LNG to ensure a reliable supply of LNG is available, which is critical to the fast-growing small-scale LNG market, the company said in its press release.

    As a result of this recent development, Skangas becomes the first small-scale LNG supplier to enter into such an agreement with a UK-based import terminal. Grain LNG, which operates primarily as a large-scale import terminal, is firmly committed to developing an LNG break bulk marine facility to make it possible for small vessels to reload and bunker LNG.

    Grain LNG is set to become the first facility in the UK to offer small-scale ship reloading facilities at its import terminal on the Isle of Grain. “We believe the best way to encourage growth in the market is to offer competitive alternatives which ensure security of supply for small scale market participants” said Nicola Duffin, Senior Commercial Manager at Grain LNG, who added “Grain LNG is excited to be at the forefront of developing this market in partnership with progressive companies such as Skangas ”. The facility will include an extension to existing jetties to cater for break bulk marine LNG carriers up to 20 000 m3. This will meet the needs of Skangas’ fleet of LNG carriers.

    “Skangas appreciates the opportunity to source LNG from the Grain LNG terminal,” says Dan Hramoff, Director of Business Development and Projects at Skangas. “This will improve supply to the small scale markets thus allowing to source LNG on more flexible and competitive terms. In the end, it will be reflected in improved offerings to our own LNG customers,” he concludes.

    Skangas is quick to point out that by making LNG more readily available to the small-scale market from a variety of sources, the increased competition will create a more dynamic market, resulting in better, more cost-effective LNG supply for the market at large.

    Skangas produces LNG at its plant in Risavika, South-Western Norway. However, the small-scale market is rapidly developing, and the plant’s annual production capacity of 300 000 tons has already been exceeded. The company requires external LNG sources, and has entered into several contracts with similar large-scale European hubs to source LNG.




2019 October 15

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17:06 Maritime and Port Authority of Singapore revokes Inter-Pacific Petroleum Pte Ltd’s bunker craft operator licence
16:49 Hudson Shipping Lines joins the Trident Alliance as a member
16:26 PGNiG: a new oil and gas discovery in the Norwegian Sea
15:32 Port of Kiel announces conclusion of cruise season with turnover of cruise passengers having grown by 33.6% YoY
15:04 TechnipFMC awarded subsea contract for PetroVietnam Gas’ Nam Con Son 2 Phase 2 Gas pipeline development in Vietnam
14:35 Deltamarin provides RMC with design services for the Tallink ferry project
14:31 Port of HaminaKotka and Steveco jointly constructed pulp terminal in Kotka’s Mussalo Harbour
13:57 Shore power to improve air quality and reduce noise in Port and City of Tallinn
13:20 “Wind Barriers at the Freeport of Riga” project receives Annual Riga Architecture Award
12:54 Krasnoye Sormovo delivers Pola Pelagia, yet another dry cargo carrier of Project RSD59
12:18 Bunker prices are flat at the Far East ports of Russia (graph)
11:55 Khabarovsk Shipyard launched pontoon dock gate for city protection against floods
11:09 Amendments to IMO's Ballast Water Management Convention enter into force on 13 October 2019
10:56 Trade Port Posiet handled 4.4 million tonnes of cargo in 9M’2019, up 4% YoY
10:37 World Maritime University delivered its Maritime Business Integrity and Corruption Awareness Seminar
10:09 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
09:38 Brent Crude futures price is down 0.76% to $58.9, Light Sweet Crude – down 0.67% to $53.23
09:32 MABUX: Bunker market this morning, Oct 15
09:22 Baltic Dry Index is down to 1,916 points
09:14 Jan De Nul helps to boost Mauritania’s iron ore export
08:59 CMA CGM announces FAK rates from Asia to North Africa

2019 October 14

18:06 Neptune Energy acquires North Sea assets from Energean
17:57 Rosatom set to have its plan for development of NSR infrastructure till 2035 to be approved by RF Gov't before year end
17:35 2020 Bulkers enters into a time charter agreement for Bulk Shanghai
17:21 Bronka port to handle cargo of up to 500 tonnes
17:05 CMA CGM announces FAK rates from Asia to the Mediterranean
16:50 Names given to first two super trawlers of Russian Fishery Company
16:35 Sasol invests in first South African-owned chemical tanker through Nduna Maritime
16:05 Norsepower signs service agreement with Wärtsilä to strengthen global wind propulsion service network
15:53 Teekay Corporation announces 3.5-year contract for the Hummingbird Spirit FPSO
15:42 Mexico sets high priority on IMO legal conventions
15:13 Rotterdam container placed on ‘Noah’s Train’
14:15 Philippine Ports Authority hires additional port police personnel
13:56 Some services in Russian ports to be excluded from the list of regulated services
13:11 Journey to 2050, Decarbonization, Digitalization and the Future of Safety Debated at ABS Taiwan Committee
12:38 Average wholesale prices for М-100 HFO down to RUB 12,473 in RF spot market
12:15 Cunard and Fincantieri start the construction of new cruise ship
11:22 IMO’s training workshop on handling of dangerous goods held in San José, Costa Rica
11:00 MARSA App to improve marine traffic and vessel service management for vessels calling at Abu Dhabi Ports
10:09 Greek Committee of Planning and Development of Ports approves € 611.8 mln investment plan for port of Piraeus
09:57 North Sea Port on course for new annual record
09:34 Brent Crude futures price is down 0.51% to $60.2, Light Sweet Crude – down 0.59% to $54.38
09:16 Baltic Dry Index is down to 1,924 points
09:00 Rederij de Jong team up with Wouter Kleiss and Mathijs van Schaik to form new company in the Port of Rotterdam
08:58 LR celebrates twenty years of leadership in naval classification
08:23 MABUX: Bunker Market this morning, Oct 14

2019 October 13

16:12 DHS, USCG extend limited contract relief for Offshore Patrol Cutter
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14:33 Okeanis Eco Tankers announces acquisition of Suezmax newbuilding duo
13:42 Pentland Ferries' new ship arrives to deliver most environmentally-friendly ferry service in Scontland
11:22 Global Energy to take over long-term operation of Nigg Oil Terminal
10:56 ICE announces new milestones in TTF and JKM trading

2019 October 12

16:35 HII expands Shipbuilder Academy program
14:29 Robert Allan design of two fire-floats delivered to Bangladesh shipyard
12:23 POSH announces acquisition of equity stake in Dolphin's Pacific Workboats
11:41 Sea trials begin for the second CCG's Offshore Fisheries Science Vessel built at Seaspan's Vancouver Shipyards
10:52 DHS extends contract relief for Offshore Patrol Cutter

2019 October 11

18:09 IMO took part in the Global Maritime Security Conference held in Nigeria