• 2021 April 8 14:48

    KN announces market consultation on acquisition of FSRU

    The operator of liquefied natural gas (LNG) terminals KN (AB Klaipėdos Nafta) announces a consultation with market participants regarding the purchase of floating storage and regasification unit (FSRU) for Klaipėda LNG terminal. This consultation is part of the FSRU procurement process, which aims to familiarise market participants with the forthcoming procurement and to receive comments and remarks from market participants who can offer a potential solution on the submitted draft procurement documents. The purchase of the FSRU is planned for the second half of this year. 
     
    According to the law adopted in 2018, KN must ensure the operation of the LNG terminal at least until 2044. This law obliges KN to acquire and own the FSRU, upon choosing the most economically advantageous solution by the end of 2024.
     
    ‘Klaipėda LNG terminal consolidated the country’s energy independence, opened access to the global natural gas market and served as a tool for natural gas price pressure in the region. It is, therefore, important to continue to ensure an alternative source of natural gas imports and to maintain energy security and independence. Trends in natural gas consumption, taking into account both the potential of natural gas as an energy resource and the development of the regional natural gas network, show that Klaipėda LNG terminal will play an important role in ensuring competitive, long-term and secure LNG supply to Lithuania and the region, as well as developing small-scale LNG trade and transportation by sea and road transport, and thus contributing to the goals of the green economy’, says the Vice-minister of Energy Inga Žilienė.
     
    Klaipėda LNG terminal has been operating since 2014. The FSRU is leased by KN from the Norwegian capital company ‘Höegh’ for a period of 10 years with the possibility of buyout (option).
     
    In order to implement the tasks assigned by the state, KN plans to start the procurement process of the FSRU in the second half of this year. The best bid received during the procurement process will be compared to the current solution according to the established cost-effectiveness criteria. A financing mechanism for the purchase of the FSRU has been secured and approved by the European Commission.
     
    According to Darius Šilenskis, Chief Executive Officer of KN, the market consultation is announced for market participants, who may potentially offer the company to purchase the FSRU, to submit remarks and comments on the draft procurement documents, which may be adjusted before the procurement is announced. 
     
    ‘Before announcing the market consultation, we conducted a study with the help of external experts, during which we were able to define certain technological and commercial frameworks for future procurement. Based on the information gathered during this study, we provide market consultation with possible technical parameters of the FSRU, information on its compatibility with existing infrastructure — jetty and gas pipeline — and other important details to ensure full transparency of the procurement process and encourage potential suppliers. After the completion of the FSRU procurement process, the process of choosing its O&M (operations and maintenance) services will be conducted separately: with the help of external experts and in cooperation with the Lithuanian authorities, we seek to find out which FSRU O&M model would be optimal’, emphasises the head of KN.
     
    During the market consultation, indications for draft procurement documents are expected from the market by May 3rd, 2021. Following the market consultation, the acquired information will be analysed and a decision on the next steps in the vessel acquisition process will be taken.




2021 April 16

14:49 Baltic Ports Organization’s Digitalization Managers Group held online meeting
14:25 New rail cargo volumes to and from Stockholm Norvik Port
14:06 Navigation season 2021 opens in Saint-Petersburg
13:12 GTT upgrades its NO96 technology to further reduce the guaranteed Boil Off Rate
12:40 IMO asked to include industry standard on in-water cleaning in its on-going work
12:05 Valenciaport traffic up in March 2021
11:47 Consolidated marine container throughput of Global Ports declined 5.9% in Q1’2021
11:26 Tuapse Sea Commercial Port increased its throughput by 9% in 3M’2021
11:05 The newest ocean cruise ship “Viking Venus” delivered in Ancona
10:34 Rosterminalugol’s coal exports in 3M’21 totaled 6.05 million tonnes
10:12 Crowley begins use of biofuel to power tug Veteran
09:50 Finnish Government proposes amendments to Water Traffic Act
09:27 Oil prices are slightly up
09:09 Baltic Dry Index as of April 15

2021 April 15

18:45 The UAE aims to attain the No. 1 status in Global Food Security Index by 2051
17:58 Public Ferry Terminal in Gdynia to be completed in June
17:35 Tidewater chooses Topsoe’s HydroFlex™ and H2bridge™ technologies for renewable diesel production
16:57 Black Sea Fleet ships go to sea as part of a control check during the winter training period
16:40 Flex LNG and Cheniere enter into time charter party agreements
16:09 Jumbo Shipping and SAL Heavy Lift launch Jumbo-SAL-Alliance
15:44 Wärtsilä caps record-breaking year with scrubber order at Japan Marine United shipyard
15:32 ViaSea Shipping AS based in Norway launches its branch office in Gdynia
15:14 DNV awards world-first Smart notation to CMHI’s offshore rig
15:08 Bunker Weekly Outlook, Week 14, 2021
14:57 The company of the Riga Port produces world-class aluminum high-speed boats
14:36 Servicing Capesize vessels in the port of Riga facilitates access to new cargo and distant markets
14:31 Trafigura to co-sponsor development of MAN Energy Solutions ammonia engine
14:14 NextDecade and Mitsubishi Heavy Industries America sign ESA for carbon capture at Rio Grande LNG project in Texas
13:53 BHP, Oldendorff and GoodFuels successfully complete first trial with biofuel supplied in Singapore
13:35 Sparta III delivered cargo for construction of airfield in Arctic
13:13 UECC floats first of three LNG battery hybrid PCTCs
12:59 Cargo transit potential of Northern Sea Route estimated at several million tonnes per year
12:30 Seaports of Okhotsk Sea and Tatar Strait increased their throughput by 15% in 3M’21
12:11 DEME Offshore and Penta-Ocean establish JV to develop Japan’s offshore wind industry
11:41 Panama Canal Authority postpones planned price hike following calls from shipping industry
11:29 Atomflot estimates technical readiness of icebreaker Sibir at 88%
11:07 Georgia Ports Authority orders 28 Konecranes container cranes as larger ship traffic grows
10:34 BHP, Oldendorff and GoodFuels successfully complete first trial with biofuel supplied in Singapore
10:17 Traffic along the Northern Sea Route may become year-round in the near future – Vladimir Putin
10:16 Damen Shiprepair Amsterdam readies HNLMS Evertsen for voyage to Japan
09:52 Advanced technologies for HES waterproofing, repair and corrosion protection to be discussed at online webinar on April 27
09:33 Oil prices start decreasing after a period of growth
09:15 Baltic Dry Index as of April 14

2021 April 14

18:14 Stockholm Exergi orders Agilon automated warehouse solution from Konecranes
17:41 Throughput of Kaliningrad port in 3M’2021 fell by 13% Y-o-Y
17:41 Alblasserdam’s Container Transferium gets ready for further growth
17:12 ABS publishes guidance on shipping power and propulsion decarbonization technologies
16:53 Throughput of port Vyborg in 3M’2021 rose by 47% Y-o-Y
16:30 The Korean Register publishes technical report for ammonia fueled ships supporting the commercial adoption of ammonia as ship fuel
16:14 Throughput of port Vysotsk in 3M’2021 fell by 5% Y-o-Y
15:56 Throughput of port Primorsk in 3M’2021 fell by 22% Y-o-Y
15:32 GTT receives an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of a new LNG carrier
14:47 Omsk River Port to arrange pilot voyage for grain exports to China by Irtysh river this year
14:25 ABS joins SOFC4Maritime fuel cell development JDP
13:43 Krasnoye Sormovo shipyard launches RSD59 ship Nikolai Leonov built for Alfa LLC
13:22 Wärtsilä signs an agreement with NYK and MTI to evaluate Expert Insight predictive maintenance service
12:59 Port of HaminaKotka throughput in 3M’20201 fell by 2.3% YoY
12:20 Port of Oakland imports up 45 percent in March 2021
12:06 Port of Ust-Luga throughput in 3M’2021 fell by 5% Y-o-Y
11:34 FESCO and NtechLab to collaborate in digital field