• 2019 September 13 10:42

    In August, Klaipėda LNG Terminal regasified 1.4 times more gas than was consumed in the entire country

    The year 2019 at the liquefied natural gas (LNG) terminal in Klaipėda controlled by KN is highly efficient - during the first eight months of this year, a total of 10.2 TWh, or 70 percent more gas was regasified and reloaded than during the same period last year. In August, the volume of regasification at the LNG terminal significantly exceeded the targets set by the Company at the beginning of the year.
    In August alone, 1.5 TWh of LNG was regasified, 136% more than during the last August. This amount is 1.4 times higher than the total consumption in Lithuania. During the eighth month of this year 1 large and 5 small LNG carriers came to the LNG terminal. Majority of LNG (88%) was delivered from a gas liquefaction plant in Norway.
    “Not only the impressive scope of operations, but also the 100th ship-to-ship LNG transhipment operation that took place in Klaipėda on the last day of August, proves that the model of operation of the LNG terminal based on third-party access, chosen by Lithuania, is sound. During almost five years of operation of the terminal, KN has succeeded in expanding the operation of the LNG terminal, providing not only LNG import and regasification services, but also LNG re-export services. Gas was also supplied to the LNG reloading station, which was opened at the end of 2017. Because of it, we provide a wide range of small-scale LNG reloading services, as well as supply the Klaipėda Oil Terminal with cheaper imported gas through the LNG terminal. It is important that diversification of operations and attraction of new terminal users from neighbouring countries not only opens up the possibility for gas consumers from Baltic countries to make optimal use of the cheaper gas period, but also optimizes the operational costs of the LNG terminal, thus allowing our domestic gas consumers to pay less for the maintenance of the Terminal,” emphasizes Arūnas Molis, Head of Klaipėda LNG Service of KN.
    Back in July, the users of the LNG terminal had booked the terminal’s capacity till the end this year. It is planned that similar volume of operations will be maintained at the Klaipeda LNG terminal during the upcoming months as the users of the terminal actively booking the capacity of the terminal for the winter period.
    It is planned that 6 LNG carriers will arive to Klaipėda LNG terminal in September - 3 small carriers and the same number of large (conventional) carriers. Among them is the LNG carrier Stena Clear Sky, which will arrive to Klaipėda for the first time in mid-September.
    The regasification services provided by Klaipėda LNG terminal are utilised by UAB “Lietuvos Energijos Tiekimas” (UAB “Ignitis” as of September 9), AB “Achema”, UAB “Imlitex”, and at the end of September the first cargo of “Eesti Energia” will reach Klaipėda.

2019 October 17

18:12 World's first emission-free push boat “Elektra” to have SCHOTTEL propulsion units
17:47 Five vessels call at the port of Brussels to show technological solutions to cut CO2 and air emissions
17:45 Nexans celebrates the next step in the construction of its Aurora cable installation vessel
17:43 Lotos shipyard delivers non-self-propelled cargo pontoon of Project GRPN
17:41 DFDS takes delivery of third Chinese-built RoRo
17:19 RroZero rolls out new 12m Site-Management boat for fish farming markets
16:14 North Sea Port offers online liner services
15:50 Ships detachment of RF Navy’s Pacific Fleet arrive on business call to Kingdom of Thailand
15:26 Maldives received maritime security training from IMO on the ISPS Code
15:02 Maritime policy for sustainable development was in focus of IMO national workshop in Chile
14:37 IMO workshop helps put maritime development in Africa’s mainstream
14:11 VT Halter Marine launches first US-flagged offshore LNG bunker ATB barge for Q-LNG
13:25 Bunker prices are flat at the Far East ports of Russia (graph)
13:01 Port of Oakland container volume up 3.1 percent in September 2019
12:41 Thordon to supply propeller shaft bearings for MSC Cruises' third Seaside class cruise ship
12:08 Oboronlogistics launched new shipping line linking ports of Novorossiysk, Tartus, Alexandria and Samsun
11:39 NIBULON MAX made her first cargo trip
11:00 Port of Long Beach posts cargo volume of 707,000 TEUs in September 2019
10:44 Air quality measures make impact at Port of Southampton
10:23 ABP held its annual oil spill exercise on the Humber
10:02 LUKOIL BoD recommends interim dividend amount
09:40 Brent Crude futures price is down 0.67% to $59.02, Light Sweet Crude – down 0.84% to $52.91
09:21 MABUX: Bunker market this morning, Oct 17
09:18 Baltic Dry Index is down to 1,897 points
09:04 BOA awarded contracts to charter two vessels for the state’s emergency response preparedness
08:39 LLOG Exploration orders subsea trees for the Shenandoah Project in the deepwater Gulf of Mexico

2019 October 16

18:37 Damen partners with TCS for increased vessel connectivity
18:07 AET christens two of the world's first LNG dual-fuel DPSTs to be chartered out to Norway's Equinor
17:35 PSA Marine signs frame agreement with Hydroniq Coolers
17:22 MODEC awarded Letter of Intent by Petrobras related to Marlim 1 FPSO
16:57 Throughput of port Kaliningrad in Jan-Sep’2019 fell by 21% Y-o-Y to 8.45 million tonnes
16:22 IBM boards the Mayflower Autonomous Ship project
16:22 Throughput of port Vysotsk in Jan-Sep'2019 climbed by 4% Y-o-Y to 14.27 million tonnes
15:58 Patrol ship of RF Navy’s Black Sea Fleet to take part in events dedicated to anniversary of Navarino battle
15:35 Navios Maritime Partners announces repayment of its Term Loan B
15:19 Throughput of port Primorsk in Jan-Sep’2019 grew by 18% Y-o-Y to 46.93 million tonnes
14:53 Port of Ust-Luga handled 77.49 million tonnes in 9M’19, up 7% Y-o-Y
14:34 NEPTUN WERFT holds keel laying ceremony for AIDAcosma
14:06 Throughput of Port St. Petersburg in Jan-Sep'2019 grew by 2% Y-o-Y to 44.97 million tonnes
13:45 Zvezda shipyard lays down fourth Aframax tanker for Rosnefteflot
13:20 Carnival Cruise Line to add fourth ship in Galveston
12:12 Hapag-Lloyd to apply a Peak Season Surcharge from North Europe to East Asia
11:51 WMU and AHHIC cooperate on marine insurance
11:33 Gazprom Neft establishes a Singapore subsidiary company to develop its international marine lubricants business
11:20 Intensive training on port management and efficiency held in France
10:57 IMO visited United Kingdom to assess country's implementation of special maritime security measures
10:14 LUKOIL enters Ghasha project for extraction of hydrocarbons in UAE
10:01 MPA of Singapore to strengthen collaboration on cyber resilience and response at the 5th Port Authorities Roundtable
09:59 APM Terminals Gothenburg to double rail volumes by 2022
09:52 Brent Crude futures price is up 0.19% to $58.85, Light Sweet Crude – up 0.13% to $52.88
09:36 Baltic Dry Index is down to 1,898 points
09:18 Bunker prices are flat at the port of Saint-Petersburg, Russia (graph)
08:43 Award-winning yachts honored at Cannes - Azimut, Benetti, and Galeon
08:35 MABUX: Bunker Market this morning, Oct 16

2019 October 15

18:37 MOL conducts tabletop drill based on an incident simulation involving containership
18:07 Fincantieri announces delivery of the fourth Royal Princess class ship at the Monfalcone shipyard
17:55 Tatarstan and Gazprom sign action plan for implementation of pilot project on using LNG powered ships
17:36 Keppel delivers fourth jackup rig to Borr Drilling
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