• 2017 March 19 13:40

    Introduction of new technologies enhances competitiveness of Riga port companies in the segment of containerized cargo

    According to the 2016 cargo turnover results the last year has been particularly successful for the port of Riga in the area of container transshipment, the company said in its press release. Last year, 385.9 thousand TEU of containers were transshipped via the port, which is an increase by 8.6% compared to the previous year. Due to economic sanctions’ impact there was a dramatic fall in turnover of containerized cargo in 2015 , nevertheless, despite the continuation of sanctions, last year container cargo turnover at Riga port has been able to grow and almost reached the 2014 level.

    The most significant contribution to the growth of container cargo turnover was provided last year by the largest, most modern and the only specialized container handling terminal at the Port of Riga – SIA “Baltic Container Terminal” (BCT), its turnover in 2016 increased by 12.8% and it handled 68% of all containerized cargo at the port.

    In terms of turnover BCT is the largest container terminal in the Baltic States. The company's key to success is consistent terminal modernization and introduction of the newest technologies, particularly in the IT sector, with the aim to adapt to market development and growing customer requirements. Due to the implementation of the latest technologies and IT solutions, the terminal operation is optimized to shorten the time of vessel handling, as every hour at berth creates additional costs for the company's clients. The introduction of the new management systems enhances the company's competitiveness, terminal operation becomes more efficient, more effective and more transparent to its clients. By connecting to terminal systems, the clients are able to track the movement of their container. This in turn fosters customer trust and confidence in the operation of the terminal.

    In regards of information technology the BCT is the unequivocal leader in the Baltic States. A new and very modern terminal management system (Terminal Operating System - TOS) NAVIS N4 version 3.1 was launched last year. The system provides all container processing cycle management in real-time regime. It consists of container planning, vessel scheduling and equipment control modules that together provide an effective vessel service and the entire handling process planning, from container unloading up to container loading. Baltic Container Terminal TOS new version is the first system of its kind in Eurasia.

    The new TOS system is connected to other terminal management systems and modules, which have been running at the BCT for several years. This system is based on the advanced IT solutions’ integration into container handling process, and it provides the possibility to automate a large portion of container handling processes at the terminal. Processes related to vessel, gate and railway operations are automated by using optical character recognition technology, as well as image capture and processing algorithms. As a result, all the handled containers are photographed, thus detecting possible damage at an early stage. Accordingly, container delivery and acceptance process efficiency is enhanced, human error number is reduced, the quality of services is improved and operation efficiency improvement is ensured.

    One of the container carriage enhancement methods is using bigger vessels for container shipping. According to cargo statistics, last year the average size of container carriers at the port of Riga increased by 14.5%. In 2016 the MSC liner Alexa (42,307 GT, 3,300 TEU) was served at the Baltic Container Terminal, it was the largest liner - container carrier in the history of the port. To remain competitive, the company should adapt to customer requirements and be able to attend to larger size vessels at the terminal within increasingly shorter deadlines. Therefore, in parallel with introduction of new IT solutions, funds are being constantly invested by the BCT into the modernization of the terminal and its capacity building. In recent years, a new modern container crane with a higher lifting capacity, dimensions and cargo handling speed was mounted, new railway access tracks were built and the existing tracks were upgraded, a new warehouse was built and this year construction of another warehouse will be started. Future plans include berth extension and expansion of the container storage.

    The Freeport of Riga is the largest port in Latvia. In 2016 cargo turnover volume amounted to 37 million tons. The Freeport of Riga is a multi-functional port with a modern and secure infrastructure, where high quality services are provided by 194 private enterprises operating at the port, including 35 stevedoring companies (cargo handling terminals).

    The Freeport of Riga Authority (FPRA) manages the port, and is responsible for the maintenance of the port infrastructure, for the port security, as well as for the port land and infrastructure leasing to private enterprises. The FPRA is the executive body that implements the Freeport of Riga Board decisions on port development. The FPRA is not engaged in commercial activities at the port. Its revenues consist of port dues, collected from the vessels, as well as of land and berth rent fees. The FPRA operates in compliance with the principles of non-profit organizations - its financial resources are spent only for the port management and development.

2018 March 17

06:48 Seatrade convicted for trafficking toxic ships

2018 March 16

18:06 Rijkswaterstaat awards Afsluitdijk project to Levvel consortium
17:36 HHLA Container Terminal Burchardkai handles new record ship
17:05 ICS publishes latest Flag State Performance Table
16:51 Vladimir Putin inspected the completed new road section of the Crimean Bridge
16:35 Wison successfully delivers the global largest single cracking furnace module
16:20 GTT announces the end of the test phase of its new LNG brick® technology
16:05 Fincantieri starts building of ultra-luxury cruise ship for Regent Seven Seas Cruises
15:30 Caterpillar Marine announces first European IMO Tier III tugboat
15:03 Throughput of port Kavkaz up 67% to 4.3 million tonnes in 2M’18
14:39 Port of Hamburg proves effectiveness in handling mega-carriers
14:05 Training for port facility security staff arranged in the Dominican Republic
13:42 Multipurpose Reloading Complex takes lead in the industry
13:20 Karachi Shipyards & Engineering Works delivers two Damen Stan Patrol 1605 FRP patrol boats to Pakistan Customs
13:17 Bunker prices continue going down at the port of Novorossiysk, Russia (graph)
12:51 52 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 15-16
12:28 Seaports of Russia’s Azov Sea Basin handled 16.77 million tonnes of cargo in winter 2017-2018, up 63.8% Y-o-Y
12:04 Latin America maritime cooperation centre launched
11:40 Vympel Shipyard laid down second armament support ship of Project 20360М for RF Defence Ministry (photo)
11:15 Vostochny Port JSC develops railway infrastructure under its Phase 3 project (photo)
10:52 IMO joined leading oil spill experts to discuss future issues concerning oil spill preparedness, response and restoration
10:27 Brent Crude futures price down 0.11% to $65.05, Light Sweet Crude – down 0.05% to $61.16
10:09 Panama Canal signs agreement with Association of Soybean and Corn Producers of Mato Grosso
09:48 IMO is looking at safety aspects of on shore power supply to ships
09:34 Bunker prices are flat at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index down to 1,150 points
09:03 Damen unveils Multi Cat Water Injection Dredger

2018 March 15

18:25 CMA CGM announces FAK rates from Asia to the Mediterranean
18:11 ICS releases latest Flag State Performance Table (with new criteria included)
18:05 Fincantieri will cooperate with Barzan Holdings
17:57 Throughput of port Kaliningrad in 2M’18 up 16% Y-o-Y to 2.32 million tonnes
17:35 Second Sanmar Voith Schneider Propeller tug joins sister in Israel
17:20 Throughput of port Vyborg up 19% to 197,800 tonnes in 2M’18
17:05 Seaspan acquires Greater China Intermodal Investments LLC
17:02 MABUX: global bunker market still in 'wait-and-see' mood
16:35 DP World announces strong financial results for 2017
16:16 Throughput of port Vysotsk down 5% to 3.06 million tonnes in 2M’18
16:05 ECSA and WSC call for the revision of the Reporting Formalities Directive to improve the efficiency of maritime transport
15:39 Port of Oakland imports up 14.9 percent in February 2018
15:31 Sanmar orders 42 Rolls-Royce thrusters
15:22 Coastal facilities and hydraulic engineering structures under FNPP project in Chukotka to be completed in August 2019
15:07 Port of Dover awards major contract for new Refrigerated Cargo Terminal
14:33 Yang Ming to launch new Japan-Malaysia-Vietnam direct service
14:11 Throughput of port Primorsk in 2M’18 down 32% Y-o-Y to 7.47 million tonnes
13:50 Throughput of port Ust-Luga up 6% to 16.59 million tonnes in 2M'18
13:25 VARD secures contract for the construction of one fishing vessel for Remøybuen AS
13:12 Throughput of Big Port St. Petersburg up 11% to 9.01 million tonnes in 2M’18
12:30 Paweł Jakubowski appointed as President of Polskie LNG S.A. Management Board
11:45 Freeport of Riga is getting ready for new cruise ship season
11:44 MOL announces delivery of the Beluga Ace, 1st next-generation FLEXIE series car carrier
11:23 34 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 14-15
11:00 Bunker prices are going up at the Far East ports of Russia (graph)
10:38 Marine Recruiting Agency and Corporate University “Norilsk Nickel” take on joint educational project
10:14 Brent Crude futures price up 0.05% to $64.92, Light Sweet Crude – up 0.11% to $61.03
09:49 Arctic Council will gather in Levi, Finland on 22-23 March 2018
09:17 Baltic Dry Index down to 1,169 points

2018 March 14

18:26 Port of Antwerp sets up maritime training institute in Brazil
18:06 Port of Oakland releases a new 5-year strategic plan
17:55 Baltic Workboats delivers ten more 15m Baltic wave piercing pilot boats to Denmark pilots stations
17:36 Fincantieri upgrades ultra-luxury cruise ship Silver Spirit