• 2020 July 13 11:32

    KN increases the volume of biofuel handling

    Since the beginning of the year, more than 37 thousand tons of biofuels have been handled at Klaipėda oil terminal operated by KN (AB Klaipėdos Nafta). In comparison, only a little more than 5 thousand tons were handled throughout 2019. The handling of biofuels is one of the driving forces of the green economy and contributes to climate change mitigation, also creating added value for the entire port.

    Biofuels are liquid or gaseous transport fuels produced from renewable energy sources. Two types of biofuels are handled at KN Klaipėda Oil Terminal: ethanol and fatty acid methyl ester, better known as biodiesel. These biofuels are mixed into conventional fuels (petrol and diesel) to reduce emissions of harmful particles into the environment from transport. During the first half of this year, over 37 thousand tons of biofuels were handled at KN Klaipėda Oil Terminal, most of which later reached Western and Northern European countries – the most advanced markets promoting the green economy. In comparison, in 2019 a little more than 5 thousand tons of biofuels were handled during the entire year, while 6.3 thousand tons were handled in 2018. This year, the handling of biofuels was intensive every month, although in 2018 and 2019, the handling of biofuel was variable.

    KN Klaipėda Oil Terminal creates opportunities for its customers to adapt to changing requirements. The terminal not only handles biofuels, but also provides the service of mixing it into petrol or diesel. This integrated solution also creates added value for the port by promoting the green economy.

    Jurgita Šilinskaitė-Venslovienė, interim Director of Commerce at KN says that the European Union’s plans to reduce emissions, thus neutralizing the impact on climate change, are also integrated into the laws of the Member States.

    “A Law on Alternative Fuels is currently being drafted in Lithuania. It provides that no less than 6.8% of the energy value of fuel must be biofuels. These volumes will increase in 2025 and 2030 accordingly, and will have to make up for as much as 16.8%. A few years ago, KN responded to trends in biofuel demand, by making it possible for customers to load these products or mix biofuels into internal combustion engine fuels. We are ready to respond to the growing demand for biofuels and create conditions for our customers to transship even larger amounts of biofuels using the infrastructure available in Klaipėda port,” said J. Šilinskaitė-Venslovienė.

    Transport accounts for a quarter of the European Union’s (EU) greenhouse gas emissions, which make a significant impact to climate change. According to the European Green Deal, achieving climate neutrality by 2050 requires 90% reduction of emissions from transport and increase the quantity of renewable energy sources. Biofuels play an important role here, contributing to the reduction of pollution.

    “The possibilities of biofuel handling in ports are valued all over the world. The export of biofuels opens up a wide range of opportunities for ports, as more and more countries want to use environmentally friendly solutions. As biofuels are produced from renewable sources, by acting in synergy with conventional fuels they significantly reduce the amount of greenhouse gases, so this sector has great potential,” said J. Šilinskaitė-Venslovienė.

    Only a few Baltic ports handle biofuels. In addition to Klaipėda port, biofuels are transshipped in Ventspils and Liepaja (Latvia).




2020 August 4

18:36 UK publishes Guidance on financial sanctions for Maritime Industry
18:21 Avance Gas sells 2003-built VLGC Avance
17:45 Klaveness Combination Carriers takes delivery of the fourth CLEANBU vessel
17:03 Tallink Grupp publishes July 2020 passenger and cargo statistics
16:58 ADNOC L&S and Wanhua Chemical Group form Strategic Shipping Joint Venture
16:33 Dredging of Utrenny LNG terminal’s basin kicked off
16:02 MHI-MME receives generator turbine and VOC firing auxiliary boiler orders for shuttle tankers
15:51 Flag, coastal and port authorities from eight countries come together to encourage development of maritime autonomous surface ships
15:43 Port of Ust-Luga MRC’ priority is taking care of employees
14:50 NOVATEK’s transshipment terminal in Port of Ust-Luga undergoes overhaul
14:02 Stena Line starts new service Liepaja - Karlskrona - Travemünde
13:26 MRA sets its sights on distance training
13:12 DEME repatriates 75 Philippine crew members from 12 vessels worldwide by charter flight from Brussels South to Manila
12:15 Evergreen joins the Ship Recycling Transparency Initiative
11:07 The port of Kiel starts the Cruise Season 2020
10:22 Bunker sales in Vladivostok in Jan-Jul plummet 30%
09:36 Baltic Dry Index as of Aug 31
09:30 Crude oil futures become cheaper
09:23 MABUX: Bunker market this morning, Aug 04

2020 August 3

18:43 CMA CGM announces Peak Season Surcharge rates from North Europe to Indian Subcontinent
18:06 Total seven-month cargo traffic in Azov-Don basin in Jan-Jul down 6%
17:55 Inmarsat, Thetius and Shell Shipping and Maritime launch 'Crew Welfare Open Innovation Challenge'
17:25 The PV300 MS Mustai Karim leaves Krasnoye Sormovo Shipyard basin, sets sail for St. Petersburg
16:42 Spot market price for Russian M100 product ended week higher
16:06 Russian Gov’t approves regulation on crab boats construction incentives
15:32 Kalmar delivers four medium and heavy forklifts to support Yizheng Port in meeting safety and environmental requirements
15:26 RZD seven-month loaded freight down 4.4%
14:18 Ust-Luga Company wins the Ust-Luga Cup 2020
13:24 Borr Drilling Limited enters into a new contract and LOIs for three rigs
13:08 Long-awaited project of Kalmykia’s Lagan Port becomes part of the federal transport territorial planning
12:46 MSC Cruises and Palumbo Group form joint venture to operate the Palumbo Malta Shipyard
12:23 OHT wins contract for transport and installation of foundations at Dogger Bank
12:20 RZD to resume traffic via new rail bridge across the Kola as of October 1
11:46 Eagle Bulk reports the successful resolution of security incident onboard vessel
11:10 Buyan-class corvette Grayvoron departs for Novorossiysk sea trials base
09:48 Crude futures prices edge down
09:41 MABUX: Bunker market this morning, Aug 03
09:16 Baltic Dry Index as of July 31

2020 August 2

16:03 Kirby Corporation announces 2Q, 2020 Results
15:31 Bollinger delivers second of three USCG FRCs to be home-ported in Guam
14:37 Dennis de Bruin appointed Managing Director of Commercial Shipping Europe
13:52 ABS supports global offshore wind development with updated guidance
12:35 USCG sets port condition Zulu for Ports of Miami and Key West
11:24 Tony Goldsmith announced as new head of marine at law firm Hill Dickinson as David Wareing steps down
10:52 Sea Machines partners with Maine Maritime Academy & MARAD to include intelligent vessel systems in curriculum

2020 August 1

14:21 U.S. appoints coordinator for the Arctic Region
13:14 CMA CGM announces GRR for Asia-West Africa trade
12:44 Polarcus awarded 3D project in Asia Pacific
11:31 Pacific Basin announces 2020 interim results
10:53 EBRD supports decarbonisation of energy sector in Cyprus

2020 July 31

18:26 Fincantieri BOD approves 1H 2020 results
18:07 Vostochnaya Verf to launch 03141-series first crab catcher in autumn 2020
17:36 Holland America Line changes name of newbuild to Iconic Rotterdam and designates it the new flagship
17:07 October Revolution Shipyard rolls out small seiner for a Kamchatka fishing company
17:06 Alfa Lift signs contract for transport and installation of foundations at Dogger Bank
16:44 Ship recycling in Bangladesh leaps forward with third phase of key project signed
16:05 Cox production diesel outboards make their way to North America
15:36 Port of Vancouver USA receives longest wind blades ever
14:42 USCG medevacs mariner 35 miles offshore Freeport, Texas
13:44 OOCL announces new China Indonesia Philippines service