• 2019 February 13 17:46

    OLT Offshore LNG Toscana Regasification Terminal works at almost full capacity

    OLT Offshore LNG Toscana Regasification Terminal says is working at almost 100% of its capacity. After less than one year from the implementation of the new allocation mechanism via auction, OLT reached several important results which confirm its contribution to the Italian security and diversification of sources of supply, in line with the Proposal of Energy and Climate Plan. In particular, thanks to the new allocation mechanism, from October 2018, 38 out of 41 slots available in the Gas Years 2018/2019 have been allocated, coming from 6 different c ountries, for a total of about 5,848,343 liquid m3 of capacity allocated, equivalent to about 92% of the annual regasification capacity of the Terminal.

    First through the introduction of the Regasification and Storage Bundled service, which allowed the allocation of the regasification capacity via auction, and then through the definitive replacement of the previous allocation mechanism with the new auction system, our Country was able to receive LNG from all over the world. Indeed, this new capacity allocation procedure is able to intercept the market requests, especially in the short period.

    The new path undertaken by the company demonstrates how OLT’s business flexibility, combined with operative adaptability of the Terminal, make “FSRU Toscana” an anchor for the Italian security of supply. The plant can receive different types of gas, guaranteeing a geographic coverage from Europe to America, up to Africa to the Middle East, being able to accept about 90% of LNG carriers available on the market (“New Panamax” class, with a cargo capacity up to about 180,000 liquid m3 ). Furthermore, it has to be highlighted that from the beginning of the commercial operations, the Terminal has received GNL from 10 different countries (Algeria, Cameroon, Egypt, Equatorial Guinea, Nigeria, Norway, Peru, Qatar, Trinidad & Tobago, United States), and cargoes coming from other European terminals (Dutch and Spaniards). Finally, during the period October 2018 - January 2019, the Terminal has always been able to allow the discharge operation even in case of bad weather conditions.

    “We are really satisfied with these results – the company commented – this is not meant to be an end point but a standard which OLT intends to maintain, within the limits of its power. From the engineering and technologic point of view, we are also ready to implement the Small Scale LNG service, which will enable us to provide a relevant contribution to make heavy marine and terrestrial transport realistically sustainable”.




2019 July 24

10:12 Huntington Ingalls secures U.S. Navy contract to install and support C4ISR systems
09:57 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:43 MABUX: Bunker market this morning, July 24
09:40 Baltic Dry Index is down to 2,165 points
09:23 Brent Crude futures price is up 0.25% to $64.00, Light Sweet Crude – up 0.32% to $56.95
09:12 Two more Damen FCS 3307 Patrol vessels delivered to Homeland Integrated Offshore Services Limited of Nigeria

2019 July 23

19:02 Diana Shipping announces continuation of time charter contract for m/v Myrto with Cargill
18:04 Port of Southampton welcomes growing numbers of 'green' vessels
17:43 ASCO ships continue to work on Absheron gas condensate field
17:13 HII successfully completes builder’s trials for LHA 7
17:09 Arrival of bridges for Theemswegtracé, Port of Rotterdam
16:51 Nakhodka Trade Sea Port invests RUB 1 billion in construction of water treatment facilities
16:30 Bunker prices go up at the Far East ports of Russia (graph)
16:29 SGRE conditionally awarded largest U.S. offshore wind power order to date: 1.7 GW from Ørsted and Eversource
16:06 Zvezda to save RUB 200 million with its innovating welding technology
15:35 SUR recommends seafarers avoid employment on ships bound for Middle East
15:14 Siemens Gamesa will supply the SG 4.5-145 for its first nearshore project in Vietnam
14:07 Marine Recruiting Agency took part in event dedicated to compliance with labour legislation
13:43 LUKOIL produces over 15 million tons of oil at Vladimir Filanovsky field
13:20 ACO Marine completes the installation and commissioning of a Clarimar MF-10 wastewater treatment plant
12:56 Ferry Tõll reconstruction into hybrid ship
12:24 Muscat, Oman to host 2nd Gas & LNG Middle East Summit on 2-3 December 2019
12:00 Hapag-Lloyd announces rates from Indian Subcontinent & Pakistan to North Europe
11:58 GTT receives two new orders from Hyundai Heavy Industries and Hyundai Samho Heavy Industries
11:40 Barcelona to host European LNG Infrastructure Development Summit on 21-21 October 2019
11:22 Rotterdam to host 4th International Green & Smart Shipping Summit on 8-9 October 2019
10:58 Pella launched lead medium refrigerator trawler SKORPION of project 1701
10:25 RS: follow-up to the conference on the rules for fishing vessels
09:57 AEC at the 8th Symposium on The Impacts of an Ice-Diminishing Arctic on Naval and Maritime Operations
09:34 Baltic Dry Index is up to 2,191 points
09:33 MABUX: Bunker market this morning, July 23
09:19 Brent Crude futures price is up 0.17% to $63.37, Light Sweet Crude – up 0.11% to $56.28
08:01 Nexans qualifies high voltage cable to world record water depth to create power connection across a Norwegian Fjord

2019 July 22

18:06 Dorset’s Intermarine UK lands steel fabrication deal to increase capacity at Portland Port
17:58 Port of Zeebrugge volumes grow by 12.5 % in first semester of 2019
17:48 MS VASCO DA GAMA welcomed at Ostseekai for maiden call
17:19 Port of Kiel welcomed cruise ship “Marella Explorer”
16:55 ‘A British first’ cruise call for Port of Southampton
16:29 Damen to prepare Stad Amsterdam for ‘green ambassador’ role
15:47 Akademik Pashin tanker arrived at the port of Murmansk
15:14 Container throughput of port Hong Kong (China) down 8.1% to 9.06 million TEUs in Jan-June’2019
14:51 Port of Singapore throughput in Jan-June’2019 climbed by 0.6% to 315.17 million tonnes
14:28 JAXPORT sets container and auto records through first three quarters of fiscal year 2019
13:53 Throughput of port Helsinki (Finland) in Jan-June’19 fell by 6.1% to 7.14 million tonnes (table)
13:29 Bunker sales at the port of Singapore in Jan-June’2019 fell by 6.5% Y-o-Y to 23.7 million tonnes
12:56 Average wholesale prices for М-100 HFO up to RUB 17,248 in RF spot market
12:32 London to host 19th Vessel Efficiency & Fuel Management Summit on November 27-28
12:10 Turbine assembly begins for the WindFloat Atlantic project
11:55 Hamburg to host ACI’s Digitalisation in Shipping: Europe 2019 on October 9-10
11:24 NOVATEK closes Arctic LNG 2 transaction
11:10 APM Terminals Maasvlakte II increases rail service to major inland logistics hub
11:04 Seadrill secures contract for the West Polaris in Southern Asia
10:30 ASCO ships continue working on Absheron gas condensate field
10:08 Port of Oakland freight hauler testing two more electric big rigs
09:55 International Finance Corporation visited NIBULON’s facilities
09:36 Brent Crude futures price is up 1.63% to $63.48, Light Sweet Crude – up 1.08% to $56.23
09:32 MABUX: Bunker market this morning, July 22
09:19 Baltic Dry Index is up to 2,170 points
09:07 CMA CGM announces FAK rates from Asia to the Middle East Gulf
08:00 SCANEX Group offers video presentation of geoinformation services for maritime industry