• 2019 June 6 11:25

    IMLITEX joins the list of Klaipėda LNG terminal clients

    The favourable situation on the international gas markets determine not only the most intensive operation in the history of Klaipėda LNG terminal, but also enhances the range of the terminal’s clients. At the end of May, a new client started to use the services of the Klaipėda LNG terminal. This client is UAB Imlitex, which belongs to the major Lithuanian raw materials trading group IMLITEX HOLDINGS.

    UAB “Imlitex” ordered the regasification capacity of the terminal amounting to 964 thousand MWh. It is planned that the LNG cargo purposed for this company will reach Klaipėda in the coming weeks.

    “We are an independent supplier of natural gas and we provide services to industrial companies not only in Lithuania, but also in other Baltic States. In the context of the favourable market situation, we have acquired an LNG cargo, part of which will be sold in the wholesale market, and the other part will be left for the natural gas portfolio diversification. We pursue to become one of the leading suppliers in the Baltic gas market, therefore, we will further create added value for our clients by being flexible in the supply business and by adjusting the pricing to best meet it needs. In this process of cargo acquisition, we appreciate the contribution of users of the KN terminal as well as of other terminals, therefore, in the future, we are planning to perform the LNG supply to the Baltic States through the terminal in Klaipėda,” claims Dominykas Kryževičius, gas trade business manager of UAB Imlitex.

    “The concluded agreement with the third user of Klaipėda LNG terminal demonstrates that we have drawn the attention of business to the focus of KN on the supply of more flexible and efficient LNG loading and regasification services. We respond to the rapidly changing situation in the international LNG markets; therefore, we cooperate with business and we find technological and planning solutions, which best meet their expectations,” said Arūnas Molis, head of Klaipėda LNG Service of KN, the operator of oil products and liquefied natural gas terminals.

    In April, 83% of gas reaching Lithuanian users were provided through Klaipėda LNG terminal, and in May, as preliminary data says, a total of 1,64 TWh of gas was regasified, which is approximately the same as the total amount of gas consumed in Lithuania. The major part of gas, i.e. 90%, was brought from a gas liquefaction factory situated in Norway.

    “The LNG infrastructure developed in Klaipėda determined the fact that, with a favourable situation in the international markets, our national natural gas suppliers can offer cheaper energy resources not only to Lithuanian users, but also to clients from other Baltic states. Even when including the price of the use of the transmission systems in the neighbouring countries, the LNG submitted through Klaipėda LNG terminal can be offered for a more competitive price, than when submitted through pipelines from eastern countries,” said Arūnas Molis.
    It is foreseen that the similar situation in the international markets will continue for upcoming months, since the TTF index of the Western European natural gas exchange has decreased by almost a half since October last year, and the price of the future agreements in June reaches about EUR 13.50/MWh.

    In May, the terminal accepted 5 gas carriers, which brought about 304 thousand m3 of LNG, and one small gas carrier was loaded with about 3 thousand m3 of LNG. It is planned that in the 5 gas carriers arriving in June will bring to Klaipėda 310 thousand m3 of LNG.
    Apart from the new user, regasification services of Klaipėda LNG terminal are currently provided to UAB Lietuvos energijos tiekimasand AB Achema.

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
07:42 Parkwind and Jan De Nul start works for the 219 MW offshore wind farm off the Belgian coast

2019 July 21

16:31 USCG begins investigation into three tugboats sinking
15:18 Tolent kicks off construction of Triton Knoll’s new base on Grimsby’s Royal Dock
14:48 ONE launches new direct service between South East India, Mediterranean, and North Europe
14:37 Major milestone met on Moray East Offshore Windfarm project
13:04 Odfjell SE sells its ownership share of terminal in Jiangyin, China