• 2020 September 25 18:07

    Tripartite agreement signed on establishing the FSRU terminal in the Bay of Gdansk

    Representatives of GAZ-SYSTEM, the Port of Gdansk Authority and the Maritime Office in Gdynia signed a letter of intent regarding cooperation in the construction of a floating storage and regasification unit (FSRU) terminal at the Port of Gdansk.

    The document specifies the role of each party in the LNG FSRU terminal construction programme. It also includes a list of projects necessary for its implementation. The letter of intent will serve as a basis for a separate agreement, where each stakeholder will define the terms and scope of their cooperation.

    "We are happy that Gaz-System has chosen our port as the best location for the construction of the terminal. This will have a direct impact on increasing the number of transshipment operations within the port. Moreover, it will pave the way to handling a completely new cargo group, that of natural gas. It is also going to be a great opportunity for entities in the region, which will be able to source the raw material for their own processes through our port. The greatest advantage of the project is efficiency, because regasification of 1 m3 of LNG creates 600 m3 of gaseous product. Our joint investment, involving not only the Port and Gaz System but also the Maritime Office in Gdynia, will contribute to the energy independence of our country. It should also be added that in our region, this type of regasification unit, called 'Independence' has been already successfully used since 2014 by Lithuanians at the Port of Klaip da," says Lukasz Greinke, President of the Port of Gdansk.

    "The construction of a floating LNG terminal within the Bay of Gdansk has long been discussed. It is also part of the spatial development plans for the waters of the Port of Gdansk, which are currently being processed by the Maritime Office in Gdynia. The functions of the hydrotechnical facilities, such as the currently being modernised and newly built protective breakwaters in the Northern Port, are not strictly limited to safety of navigation. Such structures will also facilitate the implementation of the planned undertaking," says Wieslaw Piotrzkowski, Master Mariner, Director of the Maritime Office in Gdynia.

    About FSRU

    The FSRU (Floating Storage Regasification Unit) is essentially a floating tanker equipped with liquefied natural gas (LNG) regasification equipment. The unit will be based in the Bay of Gdansk. Currently both the market research and business parameter analyses for the planned investment project are underway. GAZ-SYSTEM's current plans assume the construction at the port of a unit having an annual capacity of 4.5 bcm.

    The construction of the FSRU terminal as a new entry point to the national transmission system is a response to the increasing demand for natural gas. As a result, the possibilities of importing gas into the Polish market will be boosted. This will translate into the development of the LNG market in our part of the European continent, and will also contribute to Poland's energy security.

    Locating the FSRU unit in the Bay of Gdansk will reinforce the significance of this part of the coast on the economic map of the Baltic Sea, including through the possibility of direct bunkering (refuelling of LNG ships). Importantly, access to a low-emission gas fuel for the maritime fleet will have a positive impact on the natural environment.

    In 2020 the construction of the FSRU terminal was added to the fourth list of investment projects with the status of Projects of Common Interest (PCIs) in the energy sector. PCIs are key infrastructure projects aimed at increasing the level of security on the European energy market. Their implementation is intended to support the energy policy and tackle climate challenges in the EU.

2020 October 26

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
12:55 An agreement made to explore the possibilities of green hydrogen export from Iceland to Rotterdam
12:04 Tallink Silja AB is forced to issue redundancy notice to Swedish crew members
11:41 Tallink to become the first shipping company to receive Sustainable Travel Finland label
11:09 Austal to further expand Australia support business through acquisition of BSE Maritime Solutions
10:53 NYK to make Gazocean a wholly owned subsidiary
10:19 Bunker market sees slight change of prices in the Port of Saint-Petersburg, Russia (graph)
09:55 National Gas Vehicle Association to propose priority measures for LNG bunkering support
09:33 Oil prices continue decreasing
09:18 Baltic Dry Index as of October 22
08:49 MABUX: Bunker market this morning, Oct 23
08:19 CMA CGM announces GRR from Asia to West Africa

2020 October 22

19:00 “K”Line online training for seafarers obtained DNV GL certification
18:04 Milaha reports QR 384 million in net profit for the nine months of 2020
17:41 Port of Los Angeles receives $9.9 million infrastructure development grant
17:36 Feasibility report on ship repair cluster development in Arkhangelsk Region to be completed in November 2020
17:29 MABUX releases weekly review of bunker market
17:05 Gothenburg Port Authority CEO becomes the member of newly established Electrification Commission
16:44 ABP’s ports in East Anglia keep agricultural products moving
16:14 ONE adds new service from Asia to Indian Subcontinent