• 2019 July 15 09:54

    KN enhances portfolio of loaded oil products and rendered services

    The new park of light oil products of KN, (AB “Klaipėdos nafta“), the operator of oil products and liquefied natural gas terminals, the test operation of which was launched in June, is already creating added value for the company. During the first summer month it accepted several oil products and also raw materials for one of the refineries in the region, which were for the first time imported through Klaipėda oil terminal, KN says in a press release.
    Over the last 3.5 years KN has directed almost EUR 45 million of investments into the development of the infrastructure of Klaipėda oil terminal.

    Darius Šilenskis, KN Oil Business Director, claims that the need for improvement and infrastructure development was determined by the market itself: “For some time, we have been observing the market changing, the variety of potential cargoes enhancing and clients’ needs growing. These tendencies made us understand that in order to retain the existing clients and to attract new clients in the future, we must be ready not only to reload or accumulate higher amounts of oil products, but also at the same time to accept a wider range of oil products and types of their components for reloading operations. We hope that the implementation of the ongoing investment projects will help us meet all of our clients’ expectations and to further increase our competitive advantage over the neighbouring terminals.”

    The previous investments into the infrastructure designed for the changing market have already demonstrated the first results: although the operation of the new KN storage tank park is still being tested, in June it accepted several new oil products.

    In June, KN oil terminal for the first time accepted a vessel, which delivered raw materials for one of the refineries in the region. When accepting this cargo, the terminal used a rare loading scheme when a cargo is reloaded from a vessel to railway tankers. Usually, the majority of reloading operations are performed from railway tankers or road transport to vessels.

    “We are one of the few multi-modal terminals in the Baltic States, where oil products can be unloaded from all means of transport and reloaded to all means of transport. This flexibility is our huge competitive advantage,” highlights the Oil Business Director of KN.

    Usually, the tons reloaded on KN terminals are calculated according to the old loading scheme, i.e. by estimating the amount of the tons of products reloaded from railway tankers and road transport to vessels. According to this scheme, in June, a total of 506 thousand tons of oil products were reloaded in KN Klaipėda and Subačius oil terminals, which is only 1.9% less than last year.

    However, if the estimation of the load turnover of June included not only the tons unloaded, but also the tons reloaded to vessels, railway tankers and road transport, the load of June would amount to nearly 600 thousand tons thus exceeding the result of the last year’s June by almost 100 thousand tons.

    The result of June shows that, as we have expected, clients are gradually returning back to their planned operational volumes, and the load curve is gradually moving up. However, the Druzhba pipeline contamination incident still has an impact on the activities of our clients. The decision of Orlen Lietuva to direct the major production share by railways to neighbouring countries has also had a negative impact on our load. However, despite these challenges and fierce competitive environment, our oil terminal is the most efficient terminal this year among all oil terminals of the Baltic States, and we are glad about that,” says Darius Šilenskis.

    The analysis of the newsletter “Argus Neftetransport” has showed that over the first months of this year KN has used 73.4% of all its loading capacities, when the maximum annual amount it can reload is over 7 million tons. Whereas, Estonian terminal “Liwathon EOS”, which has the highest capacities among the terminals of the Baltic States and which can annually reload 30 million tons of oil, has used only 10% of all its capacities, and Latvian “Ventspils Nafta Terminals” capable to reload annually 20 million tons – 31.6% of its capacities.

    KN is the second according to the oil product reload turnover of this year’s first five months among all oil terminals of the three Baltic States. “Ventspils Nafta Terminals” has a minor advantage. Its load exceeds KN’s five months load by about 20%.

2021 August 4

18:27 CTRL Marine Solutions announce their acquisition by Campbell Johnston Clark
18:07 IMCA signs Gulf of Guinea Declaration on the Suppression of Piracy
17:46 Shipyard OKA launches the Alexander Ivanov, ninth dry cargo ship of RSD59 series
17:36 PSA & Samudera strengthen strategic partnership in cargo solutions and logistics
17:16 KMZ supplied water jet ejectors for a new small sea tanker of project 03182
17:15 Iridium announces partnership with Canadian Coast Guard
16:20 Port of Tanjung Pelepas jumps to 15th in world ranking
16:05 DNV and Nakilat JDP works to improve vessel software reliability and quality
15:41 Kawasaki Heavy Industries, Yanmar Power Technology and Japan Engine Corporation establish a new company HyEng Corporation
15:36 Akhtarskaya Shipyard launches RS "Chernomorets"
15:27 Registration to Development of Icebreaking and Support Fleet Int'l Conference still underway
14:43 KhMAO-Yugra to take delivery of Meteor 120R hydrofoil duo in 2021-2022
14:11 ClassNK grants its first DSS notation for 211,000DWT bulk carrier “DREAM CLOVER”
13:59 ”K” LINE and Chubu Electric Power commence joint development agreement for tidal energy project in Canada
13:40 Vostochnaya Verf completed shipyard's sea trials of the Okhotsk
12:06 LORP fleet carried 670 000 tonnes of cargo since the start of this year shipping season
11:09 Western Australia looks to implementing stricter controls
10:09 Konecranes adds Wire Rope Monitoring to TRUCONNECT portfolio
09:59 Crude oil prices edging down on coronavirus-related restrictions
09:53 Baltic Dry Index as of Aug 3
09:29 Inland waterways Azov-Don basin’s seven-month cargo volume edges up 1%
09:21 ICTSI Honduras, Big Creek Terminals ink mutual benefit pact
08:21 MABUX: Global bunker prices may continue slight downward trend on Aug 04

2021 August 3

18:17 Iridium Connected® Viettel S-Tracking Vessel Monitoring System wins Top 10 Sao Khuê Award
17:59 Lead passenger ship Meteor 120R of new generation launched in the Nizhny Novgorod Region
17:25 A subsidiary of KCC has signed a new Contract of Affreightment for its CLEANBU fleet with a major international charterer in the tanker market
16:47 Petersburg Oil Terminal obtains permit for construction of its new handling facility
16:24 Nigerian Chamber of Shipping becomes full ICS member
15:22 Vard delivers “Le Commandant Charcot” to Ponant
15:00 Bunker sales at Vladivostok port in 7M’2021 fell by 30% YoY
14:41 Construction of new facilities to commence at Onezhsky Shipyard in autumn 2021 года
14:23 CMA CGM announces PSS for cargo bound for East Russia
13:42 The Panama Canal resumes seasonal measures to protect migrating marine life
13:12 CMA CGM announces THC for Novorossiysk, Russia import/export
12:57 ABP’s Ports of Ipswich and Ayr enable wheat cargo to be shipped more sustainably
12:22 Wärtsilä to provide efficient service support for Brazilian river tugs despite challenging operating conditions
11:59 MOL to build series of 4 LNG-fueled car carriers
11:58 FESCO starts seasonal delivery of cargo from ports of China and the United States to Chukotka
11:36 Finnlines announces adjustment of bunker surcharge in its own container traffic
10:54 Baltiysky Zavod shipyard casts third one-piece propeller for Project MR-50 product tankers
10:30 Tallink Grupp published its statistics for July 2021
10:09 Maersk raises full-year guidance
09:57 Oil prices decrease amid coronavirus related restrictions
09:41 Baltic Dry Index as of August 2
09:23 Yaroslavsky Shipyard launches non-self-propelled dredging ship of Project RDB 66.42М
09:08 Japan’s Ministry of Internal Affairs and Communications gives the green light to Iridium services
08:58 MABUX: Global bunker prices may drop on Aug 03 following sharp decline on crude market yesterday
08:09 The largest water-rail intermodal terminal of the Yangtze River starts operations

2021 August 2

19:09 Seven dredging ships deployed for operation on Sea Canal in the Gulf of Ob
18:35 LR unveils key appointment for its Maritime Performance Services business
17:54 CMA CGM announces PSS for cargo from the Middle East Gulf to North Europe, Scandinavia, Poland, Baltic, West Med & Adriatic, East Med, Black Sea, North Africa & Morocco
17:46 LUKOIL announces new oil finding in Sayulita prospecting area of Block 10 offshore Mexico
17:30 CMA CGM has announced PSS for cargo from India to North Europe & the Mediterranean
17:28 CMA CGM announces PSS for cargo from North Europe, UK, Scandinavia, Poland & North Spain to Colombia Atlantic & Dominican Republic
17:27 Large hydrographic survey vessel of Project 23370G, Grigory Shadrin, launched in Murmansk
17:23 CMA CGM to launch a new Express Shuttle service linking East Asia to Russian Far East
17:05 Sri Lanka Ports Authority successfully reworks leaked chemical container on board
16:54 Rhenus Group plans to acquire the Polish freight forwarding and logistics company C. Hartwig
16:30 Sea Port of Saint-Petersburg enhanced its environmental safety
16:03 Maersk’s digital logistics platform Twill increases its presence in Gdansk