• 2015 December 23 11:20

    Container cargo drop at the Freeport of Riga is the least

    One of the priorities of the Freeport of Riga Authority for 2015 is the activity “Dredging of access channel for vessels entering Riga port”, FRA says. Due to the continuous dredging of the riverbed of Daugava, which started in 2008, the port has been implementing the opportunity to serve larger vessels.

    During 10 months of 2015 the port handled an average of 3027 vessels, most of them being dry cargo vessels - 1303, 640 tankers, 475 container ships and 333 bulk carriers. In general, the breakdown of ships’ visits to the port as per specific months of the year is rather balanced, but the largest number of serviced vessels was registered in May and September, when 317 and 316 commercial vessels, respectively, called the port.

    Within 10 months of the current year 33,3 million tons of various cargo were handled at the port. The 10-month turnover of the current year is the second highest volume for the reporting period in the port's history, compared with the results of 2014, which were record-high. In a situation when Russia, which accounts for the majority of cargo comprising the Riga port cargo turnover, continues to increase volume of cargo throughput via its own ports, such figures should be assessed as very positive. Although Russia announced a reduction in the volume of freight carried by rail in the direction of Latvian ports, the Riga Port currently has not experienced a significant cargo volume decline. Geopolitics has affected the volume of containerized cargo this year, it has decreased at the ports of the Eastern coast of the Baltic Sea - the introduction of economic sanctions of the European Union and Russia has had an impact on the flow of commodities, that make up the bulk of the containerized cargo volume. However, it should be noted that in comparison with the rest of the region's ports the containerized cargo volume decrease is the smallest at the Freeport of Riga.

    Due to the JSC “Tallink Latvija” decision on relocation of the ferry Romantika to another port, only one vessel Isabelle is serving Riga-Stockholm line in 2015. Consequently, number of Tallink line passengers has decreased this year. During 10 months of 2015 the number of cruise ships, serviced at the port, grew (+ 6 ships), while the average size of cruise ship tends to increase (+13,6%) as well as the number of passengers, which increased by 13,7% compared to 10 months of the previous year. In October the cruise season concluded with the visit of the vessel AIDA Cara. Overall, the last season at the port was a very positive one. The port accommodated 67,7 thousand. passengers (+13,7%).

    In 2015 small luxury ships and expedition cruise vessels returned to the port of Riga. It should be noted that one such expedition vessel Corinthian called Riga 5 times and remained more than 24 hours at the port during every call, confirming the quality of services and security, provided by the port of Riga.




2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018
11:25 Nor-Shipping reveals stellar line-up for Ocean Leadership Conference
10:52 10 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 16-17
10:28 NOVATEK’s hydrocarbon production totaled 548.4 million boe in 2018, up 6.9% Y-o-Y
10:03 Brent Crude futures price down 0.34% to $61.11, Light Sweet Crude – down 0.54% to $52.03
09:39 Tallink and Taltech to collaborate on developing smart ship solutions