• 2019 January 10 09:55

    Port of Riga set to double number of cruise ships and passengers

    The Port of Riga says it is going to increase the number of cruise passengers to almost 160 thousand by 2030.

    Over almost half a century, the cruise industry has experienced dynamic growth, initially driven by the demand for cruise travels in North America and the recent demand in Europe and rest of the world, especially China and Australia. The demand for cruise ships in regions of the world has increased from 23.34 million passengers in 2014 to 26.76 million passengers in 2017. Market trends suggest that the number of cruise passengers world-wide may increase by another third by 2030, revealing more and more new tourist routes and market niches.

    The development of the cruise sector is also set in the development vision of the Freeport of Riga for the upcoming decade as one of the crucial directions. The goal is to almost double the number of cruise ships and their passengers, making Riga an important cruise and passenger ferry port in the Baltic Sea Region. While the Port of Riga handled 75 thousand cruise passengers in 2018, it is planned to increase this number to almost 160 thousand by 2030.

    The use of this potential largely depends on the availability of proper infrastructure. The existing infrastructure of cruise terminals is insufficient. The Riga Passenger Terminal has a good location; however, the length of the pier and the territory for the performance of land operations are limiting factors in satisfying the growing demand of cruise ships. In turn, the Krievu Island terminal, which is currently being used for accepting cruise ships during peak periods, is not suitable for cruise ships due to the long distance from the central part of the city and its unattractive environment.

    New opportunities for the development of cruise lines are provided by the Krievu Island project. Cargo is gradually leaving the historical centre of Riga, vacating the place for tourists. A more than 600 m long pier, as well as access roads and infrastructure are being vacated in Andrejsala and Ekportosta. “By putting this territory in order, cruise passengers will be ensured access to the city centre on the right bank. This gives us an opportunity to not only efficiently handle the current flow of cruise ships, which tends to grow, but also to implement an ambitious plan, i.e., to make the Port of Riga a place where cruises both start and end”, notes Edgars Sūna, Deputy Manager for Port Development.

    To create an even more attractive and competitive offer for cruise passengers, all the parties involved must cooperate. Sūna added: “Of course, to implement this plan, both the port and the entire tourism industry must do their homework. The airport, the railway, the public transport and hospitality companies must cooperate to create the best offer possible — from convenient air and transport connections to good guide services in the old city.”




2019 July 15

17:58 IAPH welcomes new Associate Member from Switzerland
17:33 NIBULON transported 3.5 million tonnes of cargoes by water transport
17:06 Hapag-Lloyd to introduce new Middle East-India-Africa Express Service
16:07 Desktop Just-In-Time trial yields positive results in cutting emissions
15:44 Prevention of marine pollution in South Asia discussed at regional workshop
15:15 Cargotec’s MacGregor receives clearance from the Chinese competition regulator for the acquisition of the marine and offshore businesses of TTS Group
14:56 Murmansk Sea Fishing Port handled 116,000 tonnes of cargo in 6M’2019, down 35.5% Y-o-Y
14:39 RS issues revised Rules for Classification and Construction of ships carrying liquefied gas
14:15 SEACOR Marine announces departure of Chief Operating Officer
13:53 Sever Bay Port terminal on Taimyr included into RF area planning scheme
13:32 MAN Energy Solutions, DSME and HSD Engine sign strategic agreement on engine digitization
13:01 CargoSmart announces GSBN Service Agreements with CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group
12:48 Average wholesale prices for М-100 HFO up to RUB 16,149 in RF spot market
12:30 ABS and MOL sign MOU to build up to 14 next generation gas carriers
12:14 DSME Smart Ship Solution approved by LR
11:52 Atomenergomash JSC and Aker Arctic Technology Inc sign memorandum of understanding
11:43 MEYER intensifies partnership with Stengel
11:27 SailGP partners with Port of Southampton to deliver Cowes SailGP Tech Area
11:01 Rashid Sharipov elected as Chairman of NCSP BoD
10:25 MABUX: Bunker market this morning, July 15
10:18 Brent Crude futures price is up 0.01% to $66.73, Light Sweet Crude – down 0.15% to $60.12
09:54 KN enhances portfolio of loaded oil products and rendered services
09:30 Throughput of port Shanghai (China) in Jan-June’19 declined by 2.1% to 272.29 million tonnes
09:13 Baltic Dry Index is up to 1,865 points

2019 July 14

16:09 USCG coordinates rescue of fishermen 1300 miles southwest of San Diego
15:22 Sanmar Shipyards strengthens its executive team
13:21 MOL sets conditions for issue of 'sustainability' bonds
12:11 SCHOTTEL and ULSTEIN with new cooperation to optimise ship operations with digital services
11:56 Navios Containers promotes Erifili Tsironi as CFO
10:55 2020 Bulkers Ltd. inks chartering agreements with Koch for three Newcastlemax dry bulk carriers

2019 July 13

15:19 Japanese fishing company convicted of obstruction of justice and falsifying records to cover up illegal oil and garbage pollution
13:52 HII completes flight deck on aircraft carrier John F. Kennedy
12:28 SHI wins orders for eco-friendly and highly efficient S-Max tankers
11:23 VT Halter Marine bags $2.9 million contract for U.S. Navy CMAMP program study

2019 July 12

18:19 Shantou China Merchants Port Group takes delivery of eight Kalmar empty container handlers
18:01 Safety of ships and fishing gets a boost in Ghana
17:44 IMO and FAO join efforts to reduce marine plastic litter from fishing vessels
17:26 Throughput of Russian seaports in 6M'2019 grew by 2.8% to 409.0 million tonnes of cargo (detalization)
17:03 SEA\LNG releases study showing benefits of LNG
16:42 North-Western Shipping Company carried 2.3 million tonnes of cargo in H1’19
16:25 Throughput of port Kaliningrad in Jan-June’2019 fell by 19% Y-o-Y to 5.82 million tonnes
16:03 Diana Shipping announces increase of purchase price and extension of tender offer for shares of common stock
15:24 Throughput of port Vysotsk in Jan-June'2019 climbed by 5% Y-o-Y to 9.44 million tonnes
15:03 Port of Long Beach cargo volume tops 677,000 TEUs in June 2019
14:31 Sredne-Nevsky Shipyard lays down yet another minesweeper of Project 12700
14:03 MOL schedules a major renovation of its operated cruise ship, the Nippon Maru
13:02 Höegh LNG executes 18 month interim LNGC timecharter with Cheniere for Höegh Galleon
12:52 NOVATEK’s hydrocarbon production totaled 296.1 million boe in H1’2019
12:00 Throughput of port Primorsk in Jan-June’2019 grew by 11% Y-o-Y to 29.83 million tonnes
11:23 Damen signs maintenance contract with Netherlands Ministry of Defence
11:01 Port of Ust-Luga handled 54.334 million tonnes in 6M’19, up 11% Y-o-Y
10:40 Throughput of Port St. Petersburg in 6M'2019 climbed by 1% Y-o-Y to 30.07 million tonnes
10:36 Belships to expand its fleet with 20th Ultramax newbuilding in 2021
09:54 Bunker prices are going up at the port of Saint-Petersburg, Russia (graph)
09:38 MABUX: Bunker market this morning, July 12
09:35 Brent Crude futures price is up 0.59% to $66.91, Light Sweet Crude – up 0.53% to $60.52
09:18 Baltic Dry Index is up to 1,816 points

2019 July 11

18:36 Denmark starts developing the new digital Register of Shipping
18:13 Naval Energies and Hitachi Zosen Corporation in floating wind energy agreement
18:06 Northwest Seaport Alliance breaks ground on $500M Terminal 5 modernization