Tag: Lithuania

The Port of Hamburg and Klaipėda State Seaport aim to strengthening their cooperation regarding the development and implementation of joint projects and the development of new logistics routes for maritime and other types of transport between Germany and Lithuania. 

EMSA is providing Lithuania with Remotely Piloted Aircraft System (RPAS) services to assist in monitoring ship emissions, protect the marine environment and improve maritime safety.

On 5 March 2020, Lithuania ratified the ILO Protocol on Forced Labour, and became the 45th country worldwide and the 18th in Europe to ratify the Protocol, pledging to eradicate forced labour.

Lithuanian LNG and oil terminal operator AB Klaipedos Nafta (KN) inked a EUR 134.1 million loan agreement with Nordic Investment Bank (NIB) to optimize costs of its LNG terminal. The 25-year maturity loan will be directed to finance the rent payable for the FSRU Independence. 

In order to achieve Lithuania’s strategic renewable energy targets and exploit the possibility of offshore wind in the Baltic Sea to this end, scientists from Klaipėda University commissioned by the Ministry of Energy performed a comprehensive analysis of offshore wind development in the Baltic Sea.

Klaipedos Nafta informed that the favourable situation in the international gas markets has led to the highest operative efficiency of the LNG terminal since the launch of its activities. The terminal capacities are now fully booked for the rest of the Gas Year. The Gas Year is calculated from 1 October of the current year until 30 September of the following year.

Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda reported mixed results for the first month of the year. Klaipedos Nafta, the terminal operator, published its monthly report according to which the facility regasified and reloaded 0.47 Twh of natural gas, 79.1% above the 0.26 TWh in the same month in 2018.

In 2018, cargo handling turnover in Klaipeda Seaport exceeded 46 million tons, marking a record in the entire history of the port. The Port estimates that this result is to contribute to the Lithuanian State budget by more than EUR 800 million.

Lithuania's LNG import terminal, 'Independence', is expected to double its LNG volumes after the opening of gas pipelines to Poland and Finland, 2021. The pipeline opening will turn the Baltic Port into a regional hub. 'Independence' mostly imported Norwegian LNG for domestic use, using a fifth and a third of its annual capacity of 2.7 million tonnes of LNG, after changing in 2017, along with its first US cargo import.

In the first 11 months of 2018, all Baltic ports received and shipped 144.78 million tons of cargo, which surpassed the same period in 2017 by 5.6% or 7.665 million tons according to the Lithuanian Statistical Bureau. From the whole cargo-handling, 41.8% was reloaded in Latvia, 35.3% in Lithuania and 22.9% in Estonia.