Lithuania
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Renewables
Lithuania cancels second offshore wind tender
The second tender for a wind farm offshore Lithuania was cancelled due to a lack of interest from developers. Lithuania’s…
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Renewables
Ignitis and CIP grab one more Estonian offshore wind area
Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) have won an auction-based tender for the development of offshore wind in the…
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Renewables
Fugro secures work on Lithuania’s first offshore wind farm
Fugro has secured a contract to carry out a geophysical survey at Lithuania’s first offshore wind farm site. Ignitis Renewables…
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Renewables
Ignitis, CIP form offshore wind partnership in Estonia and Latvia
Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia…
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Renewables
Ignitis, Ocean Winds win Lithuania’s first offshore wind tender
Ignitis Group and Ocean Winds are expected to be announced as the provisional winners of the 700 MW Lithuanian offshore…
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Environment
New partnership formed to electrify inland shipping
Lithuanian ship designer Western Baltic Engineering (WBE), a subsidiary of Western Shipyard in Klaipeda, is accelerating the development of its…
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Ports and Logistics
Lithuania’s Klaipeda looks to become offshore wind hub
Lithuanian port city Klaipeda is looking to maximise its strategic location to become a key regional hub for the nascent…
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Gas
Lithuania’s KN declares purchase option on Höegh FSRU
Lithuanian oil and LNG terminals operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit…
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Ports and Logistics
Alternate Ukrainian export hubs emerge
Multiple options are opening up to ship goods out of war-torn Ukraine, a nation that closed all its ports on…
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Renewables
Lithuania’s Klaipeda port set for offshore wind upgrade
Lithuania’s Klaipeda State Seaport Authority and Klaipeda Sea Cargo Company (Klasco) have penned an investment deal to develop the port…
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Gas
Klaipedos Nafta moves to acquire Höegh LNG FSRU
Lithuanian Klaipedos Nafta (KN) has said it plans to acquire the 2014-built floating storage and regasification unit (FSRU) from Norway’s…
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Gas
Lithuania looks at liquefied CO2 shipping
Several European projects involving ports and the marine sector have recently been announced which will identify the challenges and opportunities…
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Europe
Klaipedos Nafta secures loan from NIB for Hoegh FSRU acquisition
Lithuanian oil terminal operator Klaipedos Nafta has entered into a 25-year loan agreement with The Nordic Investment Bank (NIB) to…
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Europe
Klaipedos Nafta eyes LNG FSRU acquisition by 2024
Lithuanian oil terminal operator Klaipedos Nafta (KN) has announced its intention to acquire an LNG FSRU by the end of…
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Dry Cargo
Lithuanian Shipping Company goes into liquidation
Klaipeda County Court decided to declare the company declared Lithuanian Shipping Company bankrupt on May 30 and the company has…
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Dry Cargo
Two of Lithuanian Shipping Co’s bulkers sold at auction
Bankrupt Lithuanian Shipping Company (LSC) has sold two more bulk carriers at auction, which has raised $1.0m more than the vessels’…
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Dry Cargo
Lithuanian Shipping fleet to be auctioned off
Bankrupt Lithuanian Shipping is to sell its fleet of five small bulk carriers in a court-ordered auction, which will raise…
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Dry Cargo
Bankruptcy proceedings start against Lithuanian Shipping Company
The Klaipeda Regional Court started bankruptcy proceedings yesterday against financially troubled Lithuanian Shipping Company, which has been on the ropes…
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Europe
LITGAS: Ship hunt with Statoil
Vilnius: Natural gas supply and trading company LITGAS, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norwegian energy…
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Dry Cargo
Lithuanian Shipping bankruptcy proceedings started – and stopped
Athens: Just hours after bankruptcy proceedings were begun against state-owned Lithuanian Shipping, the country’s SEB Bank has stepped in with an…
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