• 2017 September 11 15:27

    Freeport of Riga Board approves medium-term action strategy of Rīgas brīvostas flote Ltd.

    In continuing the introduction of good governance principles at the Freeport of Riga, the Board of the Freeport of Riga has approved the Medium-term Action Strategy of the subsidiary company of the Freeport of Riga Authority, Rīgas brīvostas flote Ltd., for 2017-2022 at the meeting on September sixth. FRA says the goal of the strategy is to ensure the effective use of Rīgas brīvostas flote Ltd. resources and to define the company’s position in the market, goals to be achieved and performance indicators. The strategy envisages increasing the company’s market share, turnover and profit over the next five years.

    “For the subsidiary company of the Freeport of Riga Authority, Rīgas brīvostas flote Ltd., we have set the goal to become one of the leading providers of technical and economic services of the port. This can be achieved by ensuring the optimal use of resources, as well as by means of basic port services, created based on examples from the most advanced European ports. By strengthening the activity of Rīgas brīvostas flote Ltd., the overall competitiveness of Riga Port will be increased, making it even more attractive for customers and investors. Introduction of good company governance practices and successful implementation of this strategy will ensure the stable development of Rīgas brīvostas flote Ltd. over the next five years”, emphasised Ansis Zeltiņš, CEO of the Freeport of Riga Authority.

    Currently, Rīgas brīvostas flote Ltd. provides pilot transfer and tugboat rental services, ensures navigation of ships under ice conditions, carries out infrastructure management, measuring of depth of the port water area and navigation canals, processing of hydro-graphic data and ensuring the operation of the navigational systems. The company employs 130 persons; last year its turnover amounted to 3,786,337 EUR and 1,361,680 EUR was paid in taxes.




2017 October 22

15:47 Navantia and General Electric sign a license agreement
15:45 Maersk Line lands award for sustainability collaboration
15:43 Scorpio Bulkers announces the financing of a Kamsarmax vessel in Japan
15:42 Aker Solutions ASA posts results for Q3 2017
15:39 General Dynamics NASSCO christens USNS Hershel “Woody” Williams
15:36 Nb. 445 ‘Snow Crystal’ launched at the Westerbroek yard of Ferus Smit
15:34 Wärtsilä signs maintenance agreement with GasLog LNG Services for eight LNG carriers

2017 October 20

18:31 Finnpilot Pilotage Ltd joins the ITS Finland network
18:10 Kari Wihlman appointed as Director-General of Finnish Transport Agency with effect from 1 January 2018
17:47 Rosmorport appoints Oksana Masyuk as Deputy Director for Economics and Finance of its Arkhangelsk Branch (photo)
17:19 Russian Railways's loading of export freight from ports increases by almost by 6% in 3 quarters of 2017
16:56 Scandlines Helsingborg-Helsingör expands capacity
16:28 USPA announced tender for construction of berth 1-z in Port of Odessa
16:03 Wärtsilä's asset and lifecycle management agreement lets GasLog concentrate on its core business
16:00 Wilson Sons Shipyards delivers SST-Aruá to SAAM SMIT
15:31 In 9M’17, TransContainer transported 1.31 mln TEUs, up 17.7% Y-o-Y
15:03 Otto Energy starts drilling of the ST 224 #1 well
14:29 Opening ceremony of Russian-Indian international Indra-2017 exercise held in Vladivostok
14:02 d’Amico International Shipping launches the first three LR1 vessels
13:30 Sea transport of Sevastopol carried 660,400 passengers in September 2017, down 3.2%, Y-o-Y
13:02 ICTSI orders hybrid RTGs for Manila flagship
12:44 Draft procedure for investment port duty assessment is available at federal portal for legal information (document)
12:22 Aker Solutions wins order for world's largest umbilicals system
12:19 APL starts new Korea China Straits service
12:05 LNG reloading station of Klaipėdos nafta applies highest safety standards
11:37 Major ASW ship Vice Admiral Kulakov enters the port of Alexandria
11:08 Zvezda Shipbuilding complex, Rosnefteflot and Taimyrneftegaz agreed to build and operate 10 Arctic shuttle tankers
10:43 Conference “LNG Fleet and LNG Bunkering in Russia”: registration is underway
10:20 Brent Crude futures price up 0.24% to $57.37, Light Sweet Crude – up 0.33% to $51.46
09:59 Innovative passenger catamaran Grifon presented in Saint-Petersburg (photo)
09:32 Bunker prices are slightly up at the Port of Saint-Petersburg, Russia (graph)
09:14 Baltic Dry Index up to 1,582 points

2017 October 19

18:01 Record shipment marks ABP Ipswich and Glencore support of UK farmer
17:38 Arab Association for Women in the Maritime Sector launched in Egypt
17:15 Throughput of port Kaliningrad in Jan-Sep'17 grew by 17% to 10.17 mln t
16:50 Throughput of the port of Rotterdam up 2% to 351.5 mln t in 9M’17
16:39 Panama Maritime Authority holds a kick-off ceremony for the construction of the new Amador Cruise Port
16:21 Russian and Greek ships to participate in 190th Anniversary of the Battle of Navarino
15:59 Hartmann Group's AHTS fleet secures long-term investment
15:39 Throughput of port Vyborg up 15% to 1.09 mln t in 9M’17
15:13 Throughput of port Vysotsk up 3% to 12.91 mln t in 9M’17
14:44 Throughput of port Primorsk in 9M’17 down 8% Y-o-Y to 44.68 mln t
14:38 MABUX: Global bunker prices may continue upward evolution next week
14:17 Throughput of port Ust-Luga up 11% to 76.02 mln t in 9M’17
13:50 Bunker market in the Far East ports of Russia sees mixed price movements (graph)
13:25 Throughput of Big Port St. Petersburg up 10% to 39.48 mln t in 9M’17
13:02 TechnipFMC reaches an agreement to acquire Plexus’ exploration wellhead business
12:46 USC to transit to a new corporate management system
12:33 Knyaz Vladimir cruise liner ends 2017 navigation
12:31 Port of Fujairah and Dutch Port companies sign MOU
12:01 Prosafe updates operational results for Q3 2017
11:39 First vessel with coal shipped from Rosterminalugol to Portugal (photo)
11:20 Clean Marine receives a seven-system order from Inventor Chemical Tankers
11:08 Drydocks World recognized as the region’s best rig repair yard
10:54 Crude oil futures prices edge down 0.05% to $58,12 in London, in New York - 0.08% to $52,0 a barrel
10:41 Marine Institute CNIIMF to focus on LNG bunker market pricing at the Conference LNG Fleet & LNG Bunkering in Russia
10:08 Samsung Heavy Industries wins order to build LNG-FSRU
09:16 Baltic Dry Index edges up to 1566
09:08 Fincantieri starts dry dock works on Viking’s sixth ocean ship
08:16 Conductix-Wampfler’s LASSTEC Container Weighing System Earns OIML R51 Certification