Vessels in port
Indian PM Inaugurates Mundra LNG Terminal In Gujarat
Indian Prime Minister Narendra Modi has inaugurated the Mundra LNG terminal that has been developed in keeping with his emphasis on clean energy. He said that the inauguration of the LNG terminal is the highlight of today's programme. I am fortunate to have inaugurated three LNG terminals, he added. Apart from the Mundra LNG terminal he inaugurated Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar.
India’s Mundra LNG terminal could face a difficult start
Construction has been completed at India’s 5mtpa Mundra LNG terminal in Gujarat but the commissioning process could be postponed because the facility is expected to close over the course of the monsoon season from June to October. The project, led by India’s independent energy infrastructure developer Adani, is also suffering from the lack of a gas pipeline connecting the facility to the target market which will make for reduced operations until late 2019 at the earliest. After that time, small volumes could be purchased for the local market, sources said. But this is unlikely to exceed one LNG cargo per quarter. The pipeline connection that would allow Mundra to send out gas to Gujarat’s main grid is critical for the commercial operations of the project. State-owned GSPC is responsible for its construction.
CMA CGM announced the launch of a second Midas service
CMA CGM announced the launch, on May 23, 2017, of a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. The CMA CGM Group is betting on the economic dynamism of both India and the countries of Africa and intends to benefit from the economic growth of the two regions. After announcing a strategic investment in the port of Mundra in India last month, CMA CGM now offers its customers a new service to Africa to accompany its classic Midas service: Midas 1 : will service West Africa Range South and Center from India and the Middle East. Two calls in South Africa have been inserted on the way back in order to offer our Reefer customers among the fastest transit times to the Middle East. This service will include 10 vessels of 4,250 TEUs with over 600 plugs for reefers on a 70-day rotation. Midas 2 : will service the Indian Ocean and South Africa from India and the Middle East in a shortened 42-day rotation. Six ships of 2,500 TEUs will be deployed on this service. A Northbound and a Southbound calls are planned at Pointe des Galets in La Réunion where all ships will be operated by SAMR, a subsidiary of the CMA CGM Group.Upload News