Tag: Croatia

Croatian shipbuilder Uljanik saw another cancelled newbuilding order, involving the construction of a livestock carrier by an owner in Kuwait. This happens as the shipyard has been in financial trouble for months and workers are on a strike, as they have not received their wages for months. 

Croatian police authorities have arrested 12 people as part of investigations into a corruption scandal of financially distressed shipbuilder Uljanik, due to allegations of 'abuse of trust in financial transactions' and fraud. The country’s Ministry of the Interior said the police started investigations into Uljanik in September 2018.

Croatia's shipbuilder Uljanik, who is currently experiencing difficulties, has chosen the domestic shipyard Brodosplit as its partner. As Uljanik informed, the contract will give emphasis on the acceptable and viable restructuring program of Uljanik shipyard. Uljanik is Croatia's largest shipbuilder, as it has two shipyards in Pula and Rijeka. It has experienced financial troubles and for months it has been searching for a partner to invest in it.

The Final Investment Decision for the floating LNG terminal on the Croatian Island of Krk was adopted on January 31, 2019. The procurement process of the FSRU vessel took place in November 2018, during which the bid from Golar was evaluated as the most economically beneficial, offering a new conversion of the existing LNG tanker to the FSRU vessel worth EUR 159.6 million.

LNG Croatia received three bids for the Floating Storage & Regasification Unit with the provision of FSRU operation and maintenance services. After reviewing and evaluating the bids, LNG Croatia said that Golar's bid was fully in line with the requirements of the tender documentation.

The Croatian city of Dubrovnik announced the launch of new measures in order to manage overtourism from cruising. Namely, more and more tourist are choosing to cruise in Dubrovnik, causing congestion. As a result, the city decided to limit the cruise ships docking at its piers to two, beginning next year.

The tanker 'STI Poplar' collided with a dock in the Port of Ploce in Croatia. The ship was carrying oil and caused significant damage to the port, causing its liquid cargo terminal to be inoperable. As a result of the collision, part of the quay wall and the unloading infrastructure fell into the sea.

LNG Croatia, the state-run company that is responsible for Croatia's first LNG facility on the island of Krk, informed interested companies that the deadline for closing the Open Season second round is being prolonged, until 28th of September 2018. the deadline for closing the second round of the Open Season procedure was 3rd of August 2018.

On July 6, China's Premier Li Keqiang met with Croatia's Prime Minister Andrej Plenković in Sofia. The two discussed possible cooperation of the two countries in infrastructure projects, including  ports. China wants to support Croatia by taking part in the construction of ports other transportation infrastructures.

Croatia gave the green light to the construction of an LNG terminal on the island of Krk. Namely, the country passed a law last week, enabling the construction, which will be partly funded by the EU. The EU will provide 101.4 million euros for the project, with the remainder being financed from equity and loans.