• 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 August 20

13:21 Baltic Shipyard loads heavyweight propulsion units onto the 60MW LK-60 nuclear-powered icebreaker URAL
13:11 APL's Eagle Express Service delivers X-factor in Los Angeles
12:13 Golden Ocean Group to equip its 16 Capsize vessels with scrubbers
12:10 ANL to implement Operational Cost Recovery Surcharge in Chittagong Port
11:07 Port of Vyborg volumes in first seven months rose 28% to 970,000 tonnes
10:57 Golden Ocean announces Q2 2018 results
10:17 Crude oil futures prices edge down to $71.61 in London, in New York to $64.95
10:03 Baltic Dry Index gains to 1723 points
10:03 Port of Everett breaks ground on $36 mln South Terminal Wharf Modernization Project
09:57 Chinese Blockchain Company Yuanben to protect the safety of global maritime freight data
09:36 Box traffic at busiest Chinese ports in Jan-Jul rose 4.1% to 5.36 billion tons
09:28 Port of Hong Kong seven-month box volumes drop 4.4% to 11,5 million TEUs
08:44 Kongsberg Maritime wins contracts for nine hybrid Ro-Ro vessels

2018 August 19

08:19 CMA CGM announces GRR from UAE to East Africa
08:14 Maersk Line introduces Peak Season Surcharge – Scope World to Apapa, Nigeria and Tin Can Island Port, Nigeria
08:12 CMA CGM announces GRR from India to East Africa
08:07 Maersk Line increases rates from Middle East & Indian sub-continent to North America

2018 August 18

08:03 Port of Oakland to build Seaport Logistics Complex
08:00 CMA CGM announces PSS from Europe, Scandinavia, Black Sea and West Med to Indian Ocean islands
07:57 CMA CGM announces FAK rates from Asia to North Europe
07:41 A.P. Møller - Mærsk A/S posts results for Q2 2018

2018 August 17

20:03 A system of floating containment booms installed near two jetties of Petersburg Oil Terminal
18:26 Krasnoye Sormovo Shipyard launches Pola Feodosia, forth of RSD59 dry cargo vessel series
17:54 Primorsk Oil Terminal’s throughput in Jan-Jul falls 12% to 31.38 million tonnes
17:51 Nevsky Shipyard continues testing of unique replenishment system
17:08 Marine Robotics: Laws, Applications, Technologies roundtable registration underway in Moscow and Vladivostok
17:03 Port of Vysotsk volume in Jan-Jul down to 10.45 million tonnes
16:27 Port of Ust-Luga throughput in Jan-Jul down 4% to 56.27 million tonnes (details)
16:04 Western Bulk publishes First half 2018 results
15:53 Port of St. Petersburg seven-month volumes grow 13% to 34.39 million tonnes (details)
15:34 Stena Blue Sky delivers the first LNG cargo at energy giant ENN's new terminal in China
15:03 ANL announces FAK rates from North Europe and Mediterranean to Australia
14:33 A.P. Møller - Mærsk A/S delivers revenue growth in the second quarter of 2018
14:03 Third railway track put into operation in Port Bronka
13:58 Nevsky Shipyard wins contract for Arc4 passenger/freight vessel duo to be deployed on Sakhalin-Kurils route
13:51 Samsung Heavy Industries wins two eco-friendly LNG carriers
13:21 TORM posts H1 2018 interim results
13:04 A.P. Møller - Mærsk A/S to pursue a separate listing of Maersk Drilling
12:30 Hapag-Lloyd invests in growing East African market
12:07 Port of Oakland gives $70,000 to develop eco-jobs workforce
11:07 Hapag-Lloyd announces rates for Far East Westbound East Asia (including Japan) to North Europe and Mediterranean
10:45 Crude oil futures price edges down to $71.38 in London, in New York to $65.44
10:07 Latest Sanmar tugboat under trials
10:02 Gazprom Neft 1H 2018 net profit soars 1.5-fold
09:41 Baltic Dry Index adds 2 pts to 1727 points
09:37 Diana Shipping announces time charter contract for m/v Coronis
09:32 Port of St. Petersburg bunker prices close the week on a down note
09:06 Gulftainer invests AED11 mln in road extension
08:27 CMA CGM implements new FAK rates from North Europe and Mediterranean to Australia

2018 August 16

18:45 Kalashnikov Concern’s Vympel Shipyard lays keel for freezer trawler of Project T30
18:06 Port of Dover awarded contract to Solent Marine Ltd to design and fit-out Dover's new marina
17:32 Maersk Line announces rates from Far East Asia to West Africa
17:06 Hapag-Lloyd increases reefer fleet by 11,100 containers
16:56 DFDS orders additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard
16:52 Sovcomflot’s shuttle tanker Governor Farkhutdinov ships 600th crude oil cargo for Sakhalin-2
16:03 CMA CGM announces GRR from Asia to Mozambique
15:47 Taganrog Sea Commercial Port's H1 2018 employee benefits and rewards programme totals RUB 2.2 million
15:31 Melbourne port operator ICTSI may be investigated by State and Federal authorities
15:09 Bunker prices at Far Eastern ports remain flat
14:33 CMA CGM announces GRR from Asia to Indian Ocean