• 2020 January 7 14:52

    Energean and DEPA sign agreement for commercial operation of EastMed pipeline

    Energean and the Public Gas Corporation of Greece (“DEPA”) have agreed to cooperate to further support the EastMed Pipeline Project. Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for Energy, Energean and DEPA have signed a Letter of Intent (“LoI”) for the potential sale and purchase of 2 BCM natural gas per annum from Energean’s gas fields offshore Israel, where Energean is investing $1.7 billion for the development of the Karish & Tanin fields through the FPSO “Energean Power”.

    DEPA, as a 50% shareholder of the “NATURAL GAS SUBMARINE INTERCONNECTOR GREECEITALY-POSEIDON S.A.” (“IGI Poseidon”) – a Joint Venture with Edison S.p.A - is developing the EU Project of Common Interest (PCI) EastMed Pipeline and is a leading player in natural gas supply and retail activities in the Greek and S. E European markets and in the development of major natural gas related infrastructure projects with the objective of enhancing the security and diversification of supply of Greece and the broader region.

    Additional details, including terms, delivery points, gas composition, the shipper of the EastMed pipeline etc. will also be agreed and detailed in the GSPA.

    About DEPA
    DEPA, the Public Gas Corporation of Greece, is the company that introduced natural gas to Greece. Having a long presence in the Greek market, DEPA today constitutes a modern and competitive group of companies with a dynamic presence in the energy sector. With the continuous expansion of the natural gas network, the DEPA Group is promoting the use of natural gas in Greece contributing significantly towards the development of the Greek economy, the protection of the environment and quality of life. On the basis of long term supply contracts, DEPA ensures Greece’s security of supply, and is undertaking initiatives and promoting projects that further enhance the role of Greece as a natural gas hub. Of equal value are the international activities of DEPA. Through IGI Poseidon S.A., the company is a major stake holder of the EastMed and Poseidon pipelines which will transport Eastern Mediterranean gas to Europe's markets. These extremely important projects promote Europe’s energy security goals and are endorsed by the EU as Projects of Common Interest, with the support of its Governments. DEPA is also a strong partner in a number of significant international projects such as the IGB pipeline (Gas Interconnector Greece-Bulgaria) - a project of national importance for the two countries, with projected capacity of up to 3 bcm/y that ensures the diversification of gas supplies for Bulgaria and the SEE Region - as well as the LNG terminal in Alexandroupolis, which is complementary to the IGB pipeline and consists of an FSRU (Floating Storage Regasification Unit), with storage capacity of up to 170,000 cubic meters of LNG.

    About Energean
    Energean is a London Premium Listed FTSE 250 and Tel Aviv 35 Listed E&P company with operations offshore Israel, Greece and the Adriatic. In August 2017 the Company received Israeli Governmental approval for the FDP for its flagship KarishTanin gas development project, where it intends to use the only FPSO in the Eastern Mediterranean to produce first gas in 2021. Energean has already signed firm contracts for 5.0 Bcm/yr of gas sales into the Israeli domestic market. Future gas sales agreements will focus on both the growing Israeli domestic market and key export markets in the region. Energean has nine exploration licences offshore Israel, and a 25-year exploitation licence for the Katakolo offshore block in Western Greece and additional exploration potential in its other licences in Western Greece and Montenegro. On 4 July 2019, Energean announced the conditional acquisition of Edison E&P for $750 million plus $100 million of contingent consideration, which will expand its gas-focused footprint in the Eastern Mediterranean.


2021 January 19

14:20 Alfa Laval joins forces with marine industry players to accelerate decarbonization
14:19 Throughput of port Kavkaz in 2020 rose by 13% Y-o-Y
13:56 Infocus International to hold online course on LNG business in 2021
13:18 Szczecin-Świnoujście Port complex reports on cargo handling in 2020
12:55 Russian Fishery Company demonstrated high results in 2020
12:23 RF Navy’s frigate "Admiral of the Fleet Kasatonov" makes business call at port city of Algeria
12:00 Samskip to start new container service between Amsterdam and Dublin
11:49 Beloomut hydrosystem to begin operation in April 2021
11:04 Over 10,000 frontline maritime personnel to receive COVID-19 vaccinations by end January
10:51 MABUX: Bunker market this morning, Jan 19, 2021
10:46 Costa Toscana floated out at Meyer Turku shipyard
10:20 DP World Antwerp Gateway orders fleet of Automated Stacking Cranes from Konecranes
10:12 BPA: Vaccine prioritisation needed for the unsung heroes of the UK ports sector
09:34 GTT receives its first order of 2021, from a SHI for the tank design of a new LNG carrier
09:27 Oil market sees mixed price movements
09:09 Baltic Dry Index as of January 18

2021 January 18

18:56 CMA CGM applies Local Port Charges for USA imports/export
18:26 The Valencia Containerised Freight Index rises 4.19% in December 2020
18:06 71 vessels were repaired at the “Bibiheybat” Ship Repair Yard in 2020
17:45 Klaipeda State Seaport Authority signs contract for shipping canal dredging
17:26 Hanseaticsoft’s Cloud Fleet Manager endorsed by Singapore government to help shipping companies accelerate their digitisation
17:16 Busan Por secures logistics base in Indonesia
16:47 SCF’s LNG carrier Christophe de Margerie completed her eastbound voyage carrying cargo of LNG along NSR
16:43 Port of Antwerp container throughput up 1.3% in 2020
16:25 Hamina in Finland becomes new partner in Baltic cruise network
16:15 Singapore to vaccinate over 10,000 frontline maritime personnel by end January
15:50 Average spot market price for Russian M100 product climbed to RUB 18,290 pmt
15:29 The Great Lakes Towing Company names latest Damen Stan Tug 1907 ICE harbour tugs
14:59 Russia’s first Aframax tanker Vladimir Monomakh leaves for its first voyage
14:36 NOVATEK reports preliminary operating data for 2020
14:13 Niestern Sander announces successful transportation of EasyMax from shipyard to the port
13:51 Container throughput of port Shanghai (China) in 2020 declined by 0.5%
13:32 Throughput of Taganrog port in 2020 climbed by 4%
13:15 Kim Heng and Hunghua sign memorandum of understanding in relation to 2 units of 250 feet crane barges
13:00 Throughput of Russian seaports in 2020 declined by 2.3% (detalization)
12:24 Container throughput of Hong Kong port (China) in 2020 fell by 1.9%
12:01 The port of Amsterdam experiences a decrease in transhipment in 2020 due to energy transition and coronavirus   
11:37 Tuapse Sea Commercial Port increased its throughput by 6% in 2020
11:15 SEACOR Marine completes sale of windfarm support business
11:05 Big Port St. Petersburg marks 60th anniversary of icebreaker assistance
10:43 Port of Long Beach moves a record 8.1 million TEUs in 2020
10:29 MABUX: Bunker market this morning, Jan 18, 2021
10:13 BPA: Government must act immediately on seafood exports
09:50 Throughput of Murmansk Sea Fishing Port in 2020 fell by 16.8% YoY
09:28 Crude oil prices decrease amid demand/supply concerns
09:11 Baltic Dry Index as of January 15

2021 January 17

17:19 Coast Guard, TCI Police rescue 159 people off Turks and Caicos
16:49 Svitzer Australia takes delivery of second of three new tugs for Mid West Ports and Port of Geraldton
15:34 CMA CGM strengthens its customer offer
14:29 GTT obtains AiP from BV for the NO96 containment system application as LNG fuel tank for ULCVs
13:42 Port of Los Angeles cargo reaches 9.2 million TEUs in 2020
12:16 OOCL presents 2021 Ocean Alliance products
10:49 Hapag-Lloyd announces PSS on Turkey and Greece to USA trade

2021 January 16

15:39 New ship Silver Dawn floats out in Ancona.
14:31 Signing of MoU in relation to 2 units of 250 feet crane barges
13:28 CMA CGM to apply FAK rates for North Europe to Gulf and Red Sea trade
12:49 DuPont Clean Technologies to develop scrubbing project with BELCO® technology to control the emissions of Empresa Nacional de Petróleo (ENAP)
10:35 Hapag-Lloyd announces blank sailings on Europe - Asia trade
09:11 Golar LNG and Stonepeak Infrastructure Partners to sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy

2021 January 15

18:15 Organic fertilizers and biogas from biowaste in the Helsinki region – commercial use of the Lohja biogas plant started up