• 2017 November 9 18:28

    LNG platform aimed for the development of the LNG market launched

    On November 8, six partners – science institutions and businesses – set up an LNG platform, says press center of Klaipėdos Nafta. The platform is aimed at strengthening and developing the LNG market and relevant activities in Lithuania.   

    The partners of the LNG platform – AB Klaipėdos Nafta, UAB Ligas, AB Amber Grid, UAB Lietuvos Dujų Tiekimas, Klaipėda University, and the Lithuanian LNG cluster  – set up the LNG platform in Lithuania in accordance with  the letter of intent on cooperation signed with the national LNG platform of the Kingdom of the Netherlands on 28 June 2016. The Lithuanian LNG platform was established considering the good experience of the national LNG platform of the Kingdom of the Netherlands.

    “During the three years of the operation of the Klaipėda LNG terminal we have developed the LNG infrastructure and created a broad range of LNG activities. Today, by creating a platform which unites business and science we move ahead – we join forces to seek real possibilities to apply this type of fuel in practice as extensively as possible and make it available for a wider group of consumers. LNG is the fuel of the future, and its application in industry and logistics is gathering speed across the world, with Lithuania keeping pace with the European leaders of LNG use in these sectors – the Netherlands, France, Spain, Germany, or Italy,” said the Lithuanian Minister of Energy Žygimantas Vaičiūnas.

    The partners of the platform are seeking to promote the use of LNG, as a new, cleaner and quieter fuel, in the transport, industrial and other sectors and create the common information and work platform of all potential participants of the LNG market.

    “All the partner countries are interested in promoting the use of LNG as fuel and developing relevant activities and innovations. An integrated approach to LNG and the involvement of countries developing LNG economic-commercial activities, an education and science institution as well as an LNG cluster will contribute to the quality development a of legal and regulatory basis in Lithuania and neighbouring regions and promote the use of LNG, as one of the cleanest fossil fuels, in the transport and industry sectors.  It is also important to fully use the capacities of the floating LNG storage and regasification unit Independence as the LNG distribution hub of the whole Baltic Sea region,” pointed out CEO of KN Mindaugas Jusius when speaking about the objectives of the platform.

    "We are the pioneers of LNG trading in the Baltic States, we have the unique know-how, a wide range of contacts with the largest players in the LNG market in Europe and in the world. We want to employ that and contribute to the further successful development of LNG appliance in the region, as we see good prospects for the LNG market," said Vytautas Čekanavičius, CEO of LITGAS.

    „The progress that Lithuania has lately been demonstrating in the area of clean fuel allows us to talk more confidently of leadership beyond the regional level. Building the LNG platform in accordance with the best international practice, we’re making real headway in making LNG fuel more prevalent in logistics and industry. Both science and business will receive an opportunity to enhance cooperation, which could give us more initiatives like the development of an LNG-fuelled locomotive and a smart transport container in the future. For the state, this means the procurement of unique expertise and a competitive advantage in the international market,” said the head of the LNG Cluster Management Board, and Director-General of Lithuanian Railways Mantas Bartuška.

    "Being one of the leading natural gas suppliers in the Baltics, we actively joined the Baltic Sea small-scale LNG supply market this year. It is symbolic that already the fifth small-scale LNG cargo is being loaded in Klaipeda today. I am convinced that the establishment of this platform will contribute to the development of a faster LNG market in the Baltic region and the Baltic Sea, and this will bring benefits to Lithuanian consumers and business," said Mantas Mikalajūnas, CEO of Lietuvos Dujų Tiekimas.

    ‘The platform will serve as an instrument for the development of LNG sector, that will promote the use of LNG not only in the traditional fields, but also in the new ones through the use of know-how, experience and modern smart technologies,’ said Saulius Bilys, CEO of Amber Grid.




2024 July 16

18:02 China extends visa-free transit policy to 37 ports
17:25 Works on schedule for the Ravenna regasifier, with the plant operational in the first quarter of 2025
17:05 STX Heavy Industries changes name to “HD Hyundai Marine Engine”
16:45 OOCL's revenue rises 14pc to US$2.2bln
16:20 Saltchuk acquires all of the outstanding shares of Overseas Shipholding Group
15:57 EU sets four conditions for the port of Piraeus inverstments
15:41 Serbia to open tender for Prahovo port overhaul in 2024
15:37 EIB lends €90 million for sustainable expansion of the Port of Livorno
15:34 Crew of capsized oil tanker off Oman still missing
15:14 Lomarlabs signs with Cargokite to develop a new ship class of micro ships
14:47 Greece extends naval drills that deter Russian oil transfers - Bloomberg
14:08 The Official Journal of the European Union publishes the first-ever EU regulation to reduce methane emissions
13:24 High cat fines found in the Amsterdam-Rotterdam-Antwerp region bunker fuel samples, alerts CTI-Maritec
12:58 Yangzijiang Shipbuilding works to acquire over 866,671 sqm of land for new clean energy ship manufacturing base
12:42 GTT entrusted by Samsung Heavy Industries with the tank design of a new FLNG
10:47 Maersk signs an MoU for ship recycling in Bahrain

2024 July 15

18:06 European Shipowners and Maritime Transport Unions launch initiative to support shipping and seafarers in the digital transition
17:35 APM Terminals Mumbai switches to 80% renewable electricity
17:05 Seaspan Shipyards welcomes the formation of the “ICE Pact”
16:41 World’s first entirely hydrogen-powered ferry welcomes passengers in San Francisco Bay
16:26 FMC issues request for additional information regarding Gemini Agreement
16:24 Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD
16:12 Pecém Complex selects Stolthaven Terminals and GES Consortium as H2V Hub green ammonia operator
15:43 Singapore's bunker sales rise 8.5% in the first half of 2024
15:27 TORM purchases eight and sells one second-hand MR vessel
14:55 Adani plans to build port in Vietnam
13:35 Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy
13:02 HD Korea Shipbuilding wins US$2.67 billion order to build 12 container carriers
12:51 Maersk introduces SH3 ocean service between China and Bangladesh
12:24 ABS to сlass two new Seatrium FPSOs for Petrobras
11:42 CSP Abu Dhabi Terminal surpasses throughput of 5 mln TEUs
11:11 Fincantieri launches the seventh PPA “Domenico Millelire” in Riva Trigoso
10:51 India's first transshipment port receives its first container ship
10:35 The “Egypt Green Hydrogen” project in SCZONE wins a contract worth € 397 million to export green fuel to Europe

2024 July 14

15:17 FMC issues request for additional information regarding Gemini agreement
13:06 Lummus and MOL Group begin engineering execution on advanced waste plastic recycling plant in Hungary
10:51 Chinese line launches new Arctic container service to Arkhangelsk
09:49 Malta PM tours Abela toured MSC World Europa officially inagurates Valletta shore power

2024 July 13

15:47 €11 million for 1-MW Dynamic Electrolyser Unit
14:11 PSA Group and Singapore mitigate impact of global supply chain disruptions
12:23 NREL: Offshore wind turbines offer path for clean hydrogen production
10:06 MMMCZCS releases a technical, environmental, and techno-economic analysis of the impacts of vessels preparation and conversion

2024 July 12

18:00 Qingdao Port International to buy oil terminal assets for $1.30 billion
17:36 Saipem signs framework agreement with bp for offshore activities in Azerbaijan
17:06 AG&P LNG and BK LNG Solution signs an agreement to bring BKLS's first LNG spot cargo into China
16:31 Allseas removes final Brent platform with historic lift
15:58 ZPMC Qidong Marine Engineering launches the world’s largest FPSO bow section for Petrobras
15:25 MSC acquires Gram Car Carriers
14:58 ABP boosts marine capability through pilot launch upgrades
14:34 Fincantieri receives ISO 31030 attestation from RINA
13:52 Second new dual-fuel fast Ro-Pax ferry to enter service for Balearia after successful sea trials
13:24 ADNOC deploys AIQ’s world-first RoboWell AI solution in offshore operations
12:59 ABS issues AIP for new gangway design from Pengrui and COSCO
11:38 Port of Long Beach data project receives $7.875 mln to speed goods delivery
11:15 ZeroNorth to provide its eBDN solution on 12 barges operated by Vitol Bunkers in Singapore
10:46 Seatrium secures customer contract agreement from Teekay Shipping for the repairs and upgrades of a fleet of vessels
10:14 Liquid Wind and Uniper enter into strategic partnership to accelerate the development of eFuels

2024 July 11

18:06 Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power
17:36 COSCO Shipping receives first 7500 CEU LNG dual-fuel PCTC
17:06 Monjasa adds two tankers and targeting West Africa’s offshore industry
16:34 Biden administration announces funding for 15 small shipyards in 12 states
16:10 Iran's Ports and Maritime Organization attracts nearly $1.7bln of investment in ports, maritime sector
15:52 The added value of Chinese port cities up to US$869.05 bln in 2023
15:25 HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
13:41 NovaAlgoma orders the world’s largest cement carrier
13:21 Steerprop selected to provide comprehensive propulsion systems for world's largest cable-laying vessel
12:41 Integrated Wartsila propulsion package supports decarbonisation and efficiency goals for James Fisher tankers
12:36 MABUX: Bunker Outlook, Week 28, 2024
12:10 Valencia Port Authority signs an agreement with C.N.E. Hydrogen and Fuel Cells to promote hydrogen research
11:41 Long Beach, Los Angeles ports partner for zero-emissions future