• 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 December 13

18:17 New ecological equipment enters berths of Multipurpose Reloading Complex in Ust-Luga
17:22 Total's Mozambique LNG Project gets $400 mln loan from African Development Bank
17:03 Port of Los Angeles and Indonesia Port Corporation sign cooperative agreement
16:33 ABB wins contract to power Genting’s next-generation cruise vessels
16:12 ABB completes delivery for the world's most advanced icebreaking LNG carrier fleet
16:03 Windermere Lake Cruises new vessel launched in Damen Technical Cooperation project
15:33 MacGregor deck handling solution supports China’s Xue Long 2 icebreaker operation
15:12 Polarcus awarded 10-month acquisition program offshore Brazil
14:32 Rotterdam Port Fund invests in Fleet Cleaner
14:11 Subsea 7 awarded contract offshore Norway
13:43 Moín Container Terminal reaches 1 million TEUs
13:31 New container terminal opens in northern Italy
13:05 Aker Solutions to provide subsea production system for phase two of Aker BP's Ærfugl
12:30 Jifmar Offshore Services acquires Delta Marine
12:04 SBM Offshore signs FPSO Sepetiba contracts
11:30 Abu Dhabi Ports announces AED 4Bn expansion projects at Khalifa Port on its 7th Anniversary
11:27 Damen signs contract with Cotecmar for DTC hydrographic research vessel
11:12 WMU and EMSA cooperate on capacity building and research
11:03 SAL Heavy Lift becomes world’s first to equip vessels with new hydrogen / methanol injection technology
10:48 Murmansk Sea Fishing Port handled 245,000 tonnes of cargo in 11M’2019, down 20.7% Y-o-Y
10:34 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
10:24 WMU President reports to the IMO Assembly
09:59 Kawasaki Heavy Industries launches the world's first liquefied hydrogen carrier
09:43 MABUX: Bunker market this morning, December 13
09:29 Brent Crude futures price is up 0.65% to $64.62, Light Sweet Crude – up 0.52% to $59.49
09:13 Baltic Dry Index is down to 1,388 points

2019 December 12

18:36 EBRD finances Tekirdag port on Turkey’s Sea of Marmara
18:05 Dutch Drone Delta established with Port of Rotterdam Authority support
17:51 Port of Southampton continues infrastructure investment with £3m crane
17:30 Baltic Workboats shipyard delivers 19 WP Oilrec workboat
17:05 The European Federation of Inland Ports welcomes the Green Deal for Europe
16:46 MOL orders 2 next-generation 'EeneX' coal carriers
16:43 Throughput of port Kaliningrad in Jan-Nov’2019 fell by 21% Y-o-Y to 10.20 million tonnes
16:26 Klaipėda LNG terminal welcomed three large and four small LNG vessels in November
16:05 Air quality sensor in the Port of Rotterdam checks sulphur emissions from shipping
15:57 Throughput of port Vyborg in Jan-Nov’2019 fell by 35% Y-o-Y to 1.12 million tonnes
15:34 Alewijnse wins electrical contracts for two additional Combi Freighters at Damen Yichang Shipyard
15:00 Throughput of port Vysotsk in Jan-Nov'2019 climbed by 6% Y-o-Y to 17.90 million tonnes
14:36 Krasnoye Sormovo shipyard launches dry cargo carrier Pola Anastasia of Project RSD59
14:12 CMA CGM announces FAK Reefer Rates from North Europe to Asia and Middle East
13:53 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
13:31 NLNG signs sales deal with Vitol SA
13:12 Austal USA delivers USNS Puerto Rico to U.S. NAVY
12:49 Throughput of port Primorsk in Jan-Nov’2019 grew by 16% Y-o-Y to 56.25 million tonnes
12:24 Lead nuclear-powered icebreaker of Project 22220, Arktika, left for sea trials
12:00 ABS publishes Fuel Cell Guidance to support industry decarbonization objectives
11:38 Port of Ust-Luga handled 95.31 million tonnes in 11M’18, up 6% Y-o-Y
11:13 Throughput of Port St. Petersburg in 11M'2019 grew by 2% to 55.01 million tonnes
11:10 Verifavia Shipping undertakes IHM services for 29 Attica Group vessels
10:56 Wärtsilä to divest its ELAC Nautik business
10:49 Throughput of port Riga (Latvia) in 11M’2019 fell by 9.4% Y-o-Y to 30 million tonnes
10:26 TransContainer dispatched test train from Korea to Poland
10:05 MABUX: Bunker market this morning, Dec 12
09:47 Brent Crude futures price is up 0.41% to $63.98, Light Sweet Crude – up 0.14% to $58.84
09:31 Baltic Dry Index is down to 1,460 points
09:08 Viking Line’s new vessel to be equipped with Climeon Heat Power System
08:12 Nautilus Labs becomes new Inmarsat fleet data application provider

2019 December 11

18:33 Kongsberg and the Norwegian Society for Sea Rescue join forces to develop new SAR solutions
18:03 DOF Subsea secures integrated FSV contract in Africa
17:50 NCSP Group's consolidated cargo turnover for 10 months of 2019 totaled 121.2 million tons