• 2020 January 27 12:51

    Klaipėda Port remains an important centre-line of the national economics

    The financial indexes of last year of SE Klaipėda State Seaport Authority and scopes of the implemented investments manifest even bigger benefit generated for the national economics. The Lithuanian transport sector creates approx. 14 percent of the Lithuanian GDP, and significant part of this GDP is generated by Klaipėda Port and related activities, the port says in a press release.

    Last year was exceptional for Klaipėda Seaport according to the implemented investments. 80,8 million euros were invested into the port’s infrastructure in 2019 – twice as much as in 2018 and even three times more than in 2017. It has been calculated that one euro invested by the State into the port’s infrastructure induces double business investments.

    "The Seaport Authority is responsible for expansion of the port’s infrastructure, so our main investments are directed to the port’s improvement – ship-canal, embankments, breakwaters, access roads and railways. In order to be able to receive the largest vessels that may enter the Baltic Sea, we have to safeguard appropriate navigation conditions, to reach maximum depths in the ship-canal and by the embankments, and to make sure that the vessels could be loaded maximally. This is the only way to stay competitive in the market," – said Vidmantas Paukštė, Director of Infrastructure of the Seaport Authority, Managing Director at interim.

    According to preliminary, not audited results, total income of SE Klaipėda State Seaport Authority last year reached 64,1 million euros – it is bigger by approximately one third of million euros than in 2018.

    "The more effectively the seaport is working, the bigger benefit is generated to the State. Klaipėda Seaport Authority contributes significantly to the State budget every year. Such good financial results make it evident that the input of the Seaport Authority to the budget will be significant this year, as well. Although due to global reasons, loading volumes were not growing so rapidly in 2019 anymore, but financial indexes of the port are improving. The State Enterprise is working effectively,” – said Mr. Jaroslavas Narkevičius, Minister of Transport and Communications.

    The major part of income consists of fees paid by vessel owners for use of the port – 56,3 million euros, i.e. almost 75 thousand euros more than in 2018. Income from the land’s rent was 7,53 million euros last year – 161 thousand euros more than in the year before last. Income of the Seaport Authority was growing for six successive years and was the biggest in 2019 in its all history.

    According to preliminary, not audited data, the State Enterprise earned approx. 34 million euros in 2019 (before profit tax) – similarly to the year 2018.

2020 February 28

11:02 Diana Shipping announces the sale of a Capesize dry bulk vessel, the m/v Norfolk
10:41 IMO developed guidelines for taking onboard samples of fuel from ships
10:18 Fincantieri launches the first corvette for Qatar
10:07 Pathways to achieve IMO's Initial GHG Strategy goals discussed at dedicated workshop hosted by WMU
09:40 Brent Crude futures price is down 2.51% to $50.43, Light Sweet Crude – down 2.68% to $45.83
09:29 The construction of new deepwater berths of cruise terminal at Piraeus Port starts
09:21 MABUX: Bunker market this morning, Feb 28
09:14 Baltic Dry Index is down to 529 points
08:32 CMA CGM announces PSS for cargo from North Europe to Asia

2020 February 27

18:05 European yards specify Thordon System as standard for deck machinery
17:48 IMO's GloFouling Partnership project tackles problem of invasive aquatic species in Sri Lanka
17:29 Tallink Grupp reports nearly 25% higher net profit for the full financial year 2019
17:05 AquaTerra acquires Subsea Engineering and Technical Services
16:51 Zelenodolsk Shipyard named after A.M. Gorky laid down passenger ship Chaika LNG
16:35 Vale clarifies incident with contracted vessel
16:04 NYK Cruises to cancel cruises due to coronavirus
15:30 Average physical depreciation of Rosmorport’s berthing facilities is 24%
15:07 National Association of Shipping Agencies addresses FAS over plans on multiple increase of port dues in Russia
14:56 Arbitration award related to purchase options for four VLCCs on charter to Okeanis ECO Tankers
14:43 ASCO strengthened preventive measures against coronavirus
14:19 ASCO takes necessary precautionary measures to prevent environmental damage
13:55 Rotterdam to host ACI’s 24th Ballast Water Management Conference on 7-8 April 2020
13:53 Ørsted signs 20-year lease with Port of Taichung for Greater Changhua offshore wind farms
13:34 Vysotsk VTS obtains Certificate of Conformity
13:12 Xeneta container rates alert: long-term contracted rates hold despite Coronavirus chaos
12:56 Certificate of Conformity obtained for Ust-Luga VTS
12:33 Finnlines published its 2019 Financial Statements and Financial Review
12:10 A.P. Moller - Maersk links new $5.0bn revolving credit facility to its CO2 performance
11:52 Port of Gdynia seeks opportunities for further development
11:28 Rosmorport’s Murmansk Branch performed pilotage of Capesize vessel
11:04 Rosmorport to complete dredging under NOVATEK’s project in Petropavlovsk-Kamchatsky by April 2021
10:41 3rd Technical Conference "Modern Solutions for Hydraulic Engineering" kicks off in Moscow
10:35 Ships of RF Navy’s Baltic Fleet continue performing planned training as part of its long-distance campaign
10:16 Port of Oakland debt ratings affirmed by Fitch
10:13 Brent Crude futures price is down 1.52% to $51.99, Light Sweet Crude – fell to 1.54% to $47.98
09:56 Hydrographic Department to dredge about 20 million cbm of material on Sabetta’s seaway canal in 2020
09:34 Marine Recruiting Agency LLC trained 1,957 specialists in 2019, up 2.6% YoY
09:32 MABUX: Bunker market this morning, Feb 27
09:15 Baltic Dry Index is up to 517 points

2020 February 26

18:37 Royal IHC to supply integrated power cablelay spread
18:01 Chartwell Marine announces sponsorship agreement with Alan Roberts Racing in the lead up to the 2020 racing season
17:29 Keppel delivers world’s fastest brownfield FPSO modification project
17:26 Busan Port Authority and Samsung SDS signed a contract to operate a logistics center in Rotterdam, Netherlands
17:00 Smart Maritime Council announces support for shipboard machinery data standard
16:23 Damen DOP ensures new approach to dredging – expert opinion
16:00 FSUE Rosmorport to dredge 18.4 million cbm of material in 2020
15:36 Yamal LNG reaches thirty million tons milestone
15:12 MHI-MME receives retractable fin stabilizer orders for two luxury expedition vessels being built by Helsinki Shipyard
14:55 Contract signed for extension of Świnoujście LNG Terminal
14:34 Rosmorrechflot to have 20 dredgers built at Lotos shipyard by 2030
14:12 Kongsberg Maritime wins 300 MNOK contract to equip four new cruise vessels
13:55 EU NAVFOR Somalia supports Djiboutian Coast Guard
13:33 Belarusian-Latvian cooperation in multimodal cargo transportation via Latvian ports discussed in Riga
13:10 Global Offshore announces new addition to its cable installation fleet
12:51 Rosmorport announces tender for dredging on access canal of Temryuk port
12:28 PortNews Media Group and Shipbuilding Cluster of Arkhangelsk Region sign agreement on cooperation
12:10 Contship Italia confirms operational continuity at Group's maritime and intermodal terminals amidst SARS-CoV-2 outbreak
12:07 Milaha reports a 6% increase in net profit for full year 2019
11:29 BIMCO, ICS, INTERCARGO and INTERTANKO launch survey to identify fuel oil issues
11:01 Seaspan agrees to purchase a fleet of four containerships