• 2018 April 24 09:39

    Freeport of Riga Authority along with several port companies visited TransRussia 2018

    On 17–19 April, the Freeport of Riga Authority along with several port companies visited the International Exhibition for Transport and Logistics Services and Technologies TransRussia 2018 in Moscow. This annual exhibition is the largest event in the transport and logistics sector in Russia, as well as one of the largest forums of the industry in Eurasia. This year more than 350 companies gathered from 29 countries, with the number of visitors exceeding 15 thousand. “This was an opportunity for the Freeport of Riga Authority and port companies to strengthen their current cooperation and establish new contacts with the largest players of the logistics sector in the region”, Ansis Zeltiņš, CEO of the Freeport of Riga, is convinced.

    Although the volume of Russian cargo has dropped by approximately 30% in recent years, its share in Latvian transit is still substantial. In the industry, which employs practically one in ten inhabitants of Latvia (approximately 80,000 employees) and brings 2 billion euro to the national economy every year, it is difficult to overestimate this factor. The need to view things in a pragmatic way and promote cooperation is emphasised by both Latvian and Russian representatives.

    “Businesses should step away from political events, which are anyhow short-term, as far as possible. Cooperation between Latvia and Russia has always been highly mutually beneficial. There is a saying in the East: no clapping is possible without two hands to do it; therefore, we have to be forthcoming with each other, and business must be made a guide to the best relations between the two countries”, emphasised Gennady Bessonov, Secretary General of the Coordinating Council on Trans-Siberian Transportation and Advisor to the President of the Russian Railways (ОАО “РЖД”).

    The annual participation of the Freeport of Riga in the most influential event of the Eurasian transport sector, TransRussia, is natural, as the Freeport of Riga has always positioned itself as a crucial part of the East-West cargo transport corridor. Ansis Zeltiņš, CEO of the Freeport of Riga: “The market represented at TransRussia is still crucial for the Port of Riga and will remain as such in the years to come. This exhibition is a beneficial platform where we must be present and be able to represent ourselves well. The common goal of the Freeport of Riga Authority and port companies is to show that the infrastructure of the Port of Riga is modern and effective, the quality of offered services is constantly high, and the attitude towards every customer is impeccable. Precisely this aspect, in spite of any geopolitical circumstances, has enabled the Port of Riga to retain its customers and successfully compete among the ports of the Baltic Sea.”

    The same is noted by Gennady Bossonov: “The Port of Riga is one of the most advanced and best equipped ports in the region. This makes it highly attractive for Russian companies.”

    This year, the Freeport of Riga was represented by the Freeport of Riga Authority and port companies: Riga Commercial Port, SIA Rīgas Universālais Termināls, SIA Jaunzeltiņi, SIA KS Terminal, SIA Systems terminal, SIA Jaunmīlgrāvja ostas kompānija, SIA Vega Stividors and SIA Frigo Baltic. The Freeport of Riga Authority organised the stand of the Port of Riga at the exhibition for the fifth year now, thus promoting the recognisability of the Port of Riga and creating a convenient and attractive environment for port companies at the exhibition.




2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

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