• 2020 September 22 14:17

    Gazprombank to loan EUR 522 for construction of floating LNG storage units

    The loan period is 16 years

    Gazprombank says it will provide finances for construction of two floating storage units subject to further leasing out.

    The deal will let create facilities for storing and transshipment of liquefied natural gas under the NOVATEK’s Kamchatka and Murmansk Region projects.

    According to the statement, the construction of FSUs will ensure conditions for the development of new LNG transshipment infrastructure as well as the development of the Northern Sea Route infrastructure. That will contribute to optimization of LNG transportation logistics including that under the Arctic LNG 2 project.

    Gazprombank  will loan 522 million euros  for 16 years.

    Two FSUs with a capacity of 361,600 m3 each and will be built by one of the Asian shipyards. The floating storage facilities will be used for year-round transshipment of LNG from the Arctic-ice class gas carriers onto conventional vessels. The construction is to take three years.

    As it was reported earlier, at the end of September, 2019, Mitsui O.S.K. Lines, Ltd., Japan Bank for International Cooperation ("JBIC") and PAO NOVATEK ("NOVATEK") signed a Cooperation Agreement for LNG Transshipment Projects in Kamchatka and Murmansk. The document provided for buying into the projects and financing of them.

    In late August, Prime Minister of the Russian Federation Mikhail Mishustin ordered to sign a contract on creation of infrastructure for an LNG facility in Kamchatka.

    The investment project on construction and development of transshipment facilities in the Bechevinskaya Bay of the Kamchatka Territory terminal is intended for transshipment of liquefied natural gas (LNG) delivered from Sabetta port in the Gulf of Ob by ice-class gas carriers onto non-ice-class tankers for further delivery to the countries of the Asia-Pacific Region. 

    The port infrastructure will include two floating LNG storage facilities, an access canal in the Bechevinskaya Bay, offshore points for ship-to-ship transshipment of LNG and a system ensuring safe traffic of vessels.

    The investment project in the Murmansk Region foresees the construction of two floating storage facilities, a berth and a required onshore infrastructure. The project is preliminary estimated at RUB 70 billion and is to be completed in 2023.

    LNG-powered ships will be in the spotlight of the 4th “LNG Fleet, LNG Bunkering and Alternatives” conference.  The event organized by IAA PortNews will be held in Moscow on 28 October 2020. About the Event >>>>

    Related links:

    GTT receives a new order from DSME for the design of two large Floating LNG Storage Units >>>> 

    Rosmorport announced tender for construction of LNG transshipment facility in Kamchatka>>>> 

    RF Government approves project on construction of LNG transshipment facility in Murmansk Region >>>>

    NOVATEK obtains plot of land for construction of LNG transshipment terminal in Murmansk Region>>>>




2020 October 27

14:10 Port of Gothenburg posts results for January-September 2020
14:06 Krasniye Barrikady launched non-self-propelled cargo pontoon of Project GPRN
13:21 Wärtsilä cargo handling system design selected for new Very Large Ethane Carrier vessels
12:52 Bunker prices are stable in the Far East ports of Russia (graph)
12:27 BlueWater Reporting issues Q3 2020 World Liner Supply Report
12:09 HEINEKEN pioneers with zero-emission shipping
11:58 COVAXX and Maersk enter partnership to supply COVID-19 vaccines globally
11:03 Sea Port of Saint-Petersburg continues automation of railcars weighing
10:38 RF Government to look into development of national project focused on IWW
10:09 CMA CGM announces PSS for cargo from India North West ports to Europe
09:45 MABUX: Bunker Market this morning, Oct 27
09:40 Strategy for Developing the Russian Arctic Zone and Ensuring National Security until 2035 approved
09:22 Oil prices are recovering
09:07 Baltic Dry Index as of October 27

2020 October 26

18:03 Shipping emissions talks stall in London
18:03 Port of Klaipeda to get funds for sustainable development and digitization of the port’ management
17:42 34.6 million tonnes loaded in the Port of Klaipeda in 9 months of this year
16:58 Innovative solutions of MAPEI are increasingly widespread in shipbuilding
16:34 Kalmar continues long-term collaboration with Patrick Terminals with new order for AutoStrads
16:10 Average spot market price for Russian M100 product rose to RUB 12,430 pmt
15:46 Royal IHC and Suez Canal Authority successfully launch CSD HUSSEIN TANTAWY
15:34 EPS secures 15-year TC from STL for four dual fuel VLECs
14:52 RF Prime Minister approves list of checkpoints that can be crossed by foreigners with e-visas
14:31 Ocean Network Express to launch new intra Asia service
14:03 Port of Helsinki passenger traffic down 53.9% to 4.1 million in Jan-Sept 2020
13:06 Passenger turnover in Russian ports plunged by 73.9% in 9M’2020
12:59 ICS welcomes legally binding agreement to significantly improve the carbon efficiency of shipping
12:37 Delo Group and Russian Railways signed Agreement on cooperation in organization of rail container transportation
11:59 Stena Bulk branded class for tanker personnel opened at Admiral Makarov SUMIS
11:58 The Ocean Cleanup introduces first product made with ocean plastic pollution
11:30 NIBULON ranks first among Ukrainian shipyards
10:31 EMA and Keppel jointly awarded a research grant to pilot Singapore’s first floating Energy Storage System
10:15 Admiralteiskie Verfi shipyard delivered diesel-electric submarine Volkhov to RF Navy
09:50 MABUX: Bunker Market this morning, Oct 26
09:26 Oil market starts week with decreasing prices
09:09 Baltic Dry Index as of October 23

2020 October 25

15:27 USCG: Oil spill cleanup of Delaware Bay coastline continues
14:53 Richmond Council to host first public meeting with Hammersmith Bridge Taskforce
14:38 Deep water berth extension at Port of Halifax fully operational
13:27 Gothenburg Port Authority's Elvir Dzanic named as a member of Electrification Commission
12:43 Maritime NZ welcomes report to MPI
12:18 Oil spill response equipment and vessel rates in Singapore
11:04 GPA holds first virtual State of the Port

2020 October 24

15:47 Ocean transport of the first lot of railway coach to Myanmar completed
14:51 OOCL announces services changes and enhancements on Asia-Europe trade
13:28 Port Authority launches new campaign against litter
12:41 Hapag-Lloyd announces Ocean Tariff rates on East Asia - NEC and Mediterranean trade
11:06 CSD Hussein Tantawy successfully launched at IHC's shipyard in The Netherlands

2020 October 23

18:09 Baltic Data Flows: New HELCOM project seeks to harmonize and harvest environmental data at a pan-Baltic level
17:47 ICS welcomes legally binding agreement to significantly improve carbon efficiency of shipping
17:10 Anti-submarine ship Vice-Admiral Kulakov completes its business call to Greece
16:32 Bollinger Shipyards delivers 41ST fast response cutter to the U.S. Coast Guard
16:05 APM Terminals Poti signs a contract with Poti New Terminals Corporation for the development of dry bulk facility in the Poti Sea Port
15:31 HySHIP project clinches EUR 8M funding award
15:13 Krasnoye Sormovo shipyard launches dry cargo carrier Alfa Mercury
14:50 Self-propelled crane built for RF Navy’s Pacific Fleet arrived in Vladivostok having passed the Northern Sea Route
14:25 Equinor changes chief financial officer
14:06 Membrane technologies of GTT is an optimal solution for gas carriers, LNG bunkering and storage
13:23 MarineMax participates in the Fort Lauderdale International Boat Show
13:05 Wärtsilä selected to power new ‘super ferries’ series for P&O Ferries