• 2016 February 20 13:17

    Cargo turnover volume at the Freeport of Riga complies with the last 5-year average

    In January 2016 3.27 million. tons of various cargo were handled at the Freeport of Riga, that is by 6.8% or 238 thousand tons less compared to the relevant reporting period of 2015, the port’s press center says. Although the transshipment volume handled in January decreased, it corresponds to the average indicators related to cargo, handled over the last five years at the Freeport (3.25 million tons).

    The Freeport of Riga Board Chairman Mr. Andris Ameriks stressed: “Unfortunately, we still continue to feel the effects of geopolitical events. However, being aware of the potential impact of the EU and Russia’s sanctions on the handled cargo volume, the Freeport of Riga Board forecasted a 10% reduction in 2016; therefore we expected an 8-9% decrease in the revenues in 2016 compared to 2015. It is important to emphasize, that despite the cargo turnover drop, the Freeport of Riga maintains its status of the Baltic leading port”. In addition, it should be noted that currently stevedores are still extending and concluding new contracts with cargo carriers, and therefore more accurate trends of transit cargo flow will occur around March.

    In January 2016, compared to the first months of 2015, the turnover decreased in all cargo segments - 1, 98 million tons of dry bulk cargo (-3.4% or -69.6 thousand tons), 871.9 thousand tons of liquid bulk cargo (-6.2% or -58.1 thousand tons) and 412.2 thousand tons of various general cargo (-21.1% or -110.3 thousand tons) were handled at the Freeport.

    In the dry bulk segment the largest increase was registered in cereals (+60.6 thousand tons, or 2.1 times more), bulk chemicals (+ 16.5%, or +41.9 thousand tons) and wood chips (+77, 6% or +31.2 thousand tons). Although 1.18 million tons of coal were handled at the port in January, compared to January 2015 the volume decreased by 9.8% (-127.8 thousand tons.).

    The volume of handled container cargo decreased in January as well. Despite the fact that the number of container ships’ calls to the port correspond to January 2015 figures, the transported cargo turnover decreased by 21.2% (257.4 thousand tons; -69.2 thousand tons). However, as it has already been mentioned, containerized cargo volume decline at all the ports of the Baltic sea eastern coast was observed as early as in 2015.The experts attributed that to the introduction of economic sanctions by the European Union and Russia, that had a negative impact on commodity flows, which make up the bulk of the containerized cargo volume.

    In January 2016, 868.4 thousand tons of oil products were handled at the Freeport of Riga, it is by 5.6% less (-51.1 thousand tons) in comparison with January 2015.

    In January 2016, the port served 33.4 thousand passengers, which is by 5.4% more compared to the beginning of 2015. The positive dynamics was enhanced by a cruise ship, calling the Freeport of Riga, that brought 1.5 thousand passengers to the capital of Latvia.

2018 November 17

18:29 Sanmar delivers Robert Allan-designed new tractor tug Svitzer Meridian
18:02 MSC launches train between Giengen and Trieste
17:51 BGC Partners acquires Poten & Partners
16:41 ABB wins significant asset management solution order in China
16:11 New Secretary-General appointed to the Paris MoU on PSC

2018 November 16

18:07 Ocean Network Express announces delivery of 14,000 - TEU containership “ONE COLUMBA”
18:02 Sovcomflot reported its results for Q3 and 9M ending 30 September 2018
18:01 Throughput of port Vyborg in 10M’18 up 23% Y-o-Y to 1.53 million tonnes
17:42 Federal Antimonopoly Service of Russia approves amendments to railway transport tariffs
17:30 Keppel announces settlement agreement for termination of an integration project
17:17 Throughput of port Kaliningrad in 10M’18 grew by 5% Y-o-Y to 11.83 million tonnes
17:07 Van Oord and Ace Aquatec making FaunaGuard available for rest of the world
17:06 PaxOcean delivers largest FSRU to be built in China
16:55 Throughput of port Primorsk in 10M’18 fell by 10% Y-o-Y to 44.42 million tonnes
16:55 NYK develops advance water-in-oil alarm to prevent engine trouble
16:33 Throughput of port Vysotsk in 10M’18 climbed by 6% Y-o-Y to 15.34 million tonnes
16:28 Maersk Line receives Service Innovation Award for its Remote Container Management product
16:10 Bureau Veritas Chongqing Liansheng wins Global Project Excellence Award of IPMA 2018
15:48 Port of Ust-Luga handled 81.50 million tonnes in 10M’18, down 4% Y-o-Y
15:29 Port of St. Petersburg handled 49.14 million tonnes in 10M’18, up 12% Y-o-Y
15:10 ZIM announces Q3 2018 results
14:45 Jan De Nul supports the 6th Forum of Dredging Companies as its Sponsor
14:24 Decision on construction of 4th and 5th nuclear-powered icebreakers expected before year end
14:10 Diana Shipping announces time charter contract for m/v Thetis with Hudson
13:32 Entry fee for vessels to be changed at the Port of Ventspils in 2019
13:10 Global Ship Lease completes strategic combination with Poseidon Containers
12:55 Ship inspection to keep high standards
12:31 GoodBulk announces delivery of Supramax vessel to its new owners
12:04 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
11:30 GTT receives an order from HHI to design the tanks of two new LNG carriers
11:25 Multipurpose Reloading Complex (Ust-Luga) boosts allocations for its development programme
11:04 ForSea completes conversion of the world’s largest battery ferries, powered by ABB
10:44 Wärtsilä, LUT University and Nebraska Public Power District to develop business case for alternative fuels
10:41 Nor-Shipping looks to achieve industry first with ISO sustainable event standard
10:20 Brent Crude futures price up 0.84% to $67.17, Light Sweet Crude – up 0.74% to $56.88
10:02 Portmaster improves efficiency in the Port of Scheveningen
09:57 High level experts to present at Maritime Reconnaissance and Surveillance Technology conference
09:35 Container throughput of port Hong Kong (China) down 5.4% to 16.3 million TEUs in Jan-Oct’18
09:16 Baltic Dry Index is up to 1,020 points

2018 November 15

18:03 Costa Smeralda to call on Cruiseport Rotterdam
17:54 Polish LNG Conference 2018 concludes in Warsaw
17:25 Port of Singapore throughput in 10M’18 grew by 0.7% Y-o-Y to 523.73 million tonnes
17:03 Maersk Line announces rates from Mediterranean to West and Central Asia
16:52 Expert says downward trend in bunker prices may continue next week
16:30 Nevsky Shipyard launched dry cargo vessel of Project RSD59 «Pola Anfisa»
16:19 "K" Line takes delivery of coal carrier “SHONAI MARU” for JERA Trading
16:04 ICTSI names new APAC head
15:22 Meyer Turku starts construction of Carnival XL1
15:03 Port of Antwerp signs an agreement with Enabel
14:34 Throughput of Ukraine’s seaports in 10M’18 declined by 0.7% Y-o-Y to 108 million tonnes
14:03 Pavilion Energy and Novatek agree to strengthen their LNG partnership
14:00 Damen hands over four FCS 2610 vessels to Allianz during ADIPEC
13:36 ABS awards industry’s first offshore facility cyber security-ready notation to Sembcorp Marine
13:23 NOVATEK’s Board of Directors to be elected on 18 January 2019
13:00 Zvezda shipyard started serial manufacturing of Aframax-class tankers
12:39 Residents of Riga and the Port outline a common vision for the future
12:04 Singapore hosts 10th APEC Port Services Network (APSN) Port Connectivity Forum
11:48 Bunker prices are still high in the Far East ports of Russia (graph)
11:22 Sea Port of Saint-Petersburg’s allocations for its development programme totaled RUB 413.5 million in 9M’2018
11:03 NYK promotes decarbonization through exploratory design of NYK Super Eco Ship 2050