• 2019 October 11 10:28

    Cooperation with Belarus offers good prospects to Latvian transit sector

    During the last week, the Freeport of Riga Authority, several port operators and other logistics stakeholders represented Latvia during the Belarus International Transport Week in Minsk. More than 20 transport and logistics companies from Latvia participated in the 13th Transport and Logistics Fair, FRA says in a press release.

    For some time, the Latvian transport and logistics companies have used one brand, “VIA Latvia”, for self-promotion during international sectoral fora. This brand represents a uniform offering of stakeholders of the Latvian transport corridor, namely to ensure smooth and efficient cargo transit between Belarus and Latvia. It also helps to convince Belarusian partners that our transport corridor is lucrative and expedient, thus winning a very fierce competition with our neighbours. “‘VIA Latvia’ operates like a one stop shop,” explains Uldis Reimanis, Deputy State Secretary of the Ministry of Transport. “It is even more important during international trade shows, as it helps to attract more potential customers,” emphasizes U. Reimanis.

    Belarus has always been an important partner for the Latvian logistics sector. Currently, approximately one third of all consignments transported via Latvian railways is sent from Belarus to Latvian ports.  “Cooperation with Belarus in the transport and logistics sector has positive dynamics, as cargo turnover between Latvia and Belarus keeps growing. During the Transport Week in Minsk, we presented Latvia as a country which is nearby and friendly, and which is a good partner for efficient and successful business interactions,” claimed Tālis Linkaits, Minister for Transport, during his working visit to Belarus.

    Latvian ports are close enough to Belarus that does not have its own sea ports.  The range of our quality services is broad enough to compete for Belarusian cargo. Companies operating from the Port of Riga look at these opportunities from a practical business point of view. “For Latvian logistics companies, the Belarusian market is quite complicated. The Port of Klaipēda, which is geographically closer to Belarus, fiercely competes with us and attracts many potential customers. This is the reason why we have come to Minsk, namely to show off the advantages we offer and our strengths,” explains Valdis Andersons, Chairman of the Board of port operator ‘Rīgas centrālais termināls’.

    Ansis Zeltiņš, CEO of the Freeport of Riga, believes, “The Port of Riga has clear objectives for the Belarusian market, and we are currently able to efficiently compete for Belarusian cargo. Furthermore, from the point of view of the Latvian logistics sector, successful cooperation with Belarus entails access to a much larger market in the CIS countries and the entire Eurasian transport corridor.” The Commonwealth of Independent States (CIS) is the Eastern equivalent of the European Union. It is a customs union that covers 10 time zones and economies worth trillions of euros. Belarus is one of the CIS countries closest to Latvia. In addition, during the last few years, Belarus has developed successful cooperation with Chinese manufacturing and transit sectors. Thus, good relations with Belarus promise stable growth for the Latvian logistics sector in the future.




2019 October 22

15:02 Deltamarin signs design contracts with Merima
14:44 Pella shipyard started mooring trials for lead crab catching vessel of Project 03070
14:10 CMA CGM announces FAK rates from Asia to the Middle East Gulf
13:49 Patrol ship of RF Navy’s Black Sea Fleet left Greek port of Pylos
13:02 A.P. Møller - Mærsk A/S upgrades EBITDA expectation for 2019
12:50 Marine Recruiting Agency trained 1,344 specialists for port and construction segments in 9M’19, up 14% YoY
12:28 DP World reports 1.1% gross like-for-like volume growth in 3Q 2019
12:26 ESPO congratulates port of Barcelona, Vigo and Baku for getting EcoPorts’ environmental management standard
12:01 Cook Islands, Sao Tome and Principe accede to Cape Town Agreement, 46 declare support
11:45 MPSV12 project vessel "Bahtemir" took part in emergency response exercises in the Gulf of Finland
11:22 3rd “LNG Fleet and LNG Bunkering in Russia” conference kicks off in Moscow
11:13 Bio-based welding-gas production facility to open in the port of Amsterdam
10:44 CMA CGM announces PSS for cargo from Europe and the Mediterranean to Australia and New Zealand
10:20 BLRT Grupp’s Noblessner Homeport project wins in “Best Development Project of 2019” nomination
09:56 Poland's first training centre for port staff opened at the Port of Gdansk
09:33 Brent Crude futures price is down 0.22% to $58.83, Light Sweet Crude – fell by 0.26% to $53.37
09:18 Baltic Dry Index is down to 1,846 points
08:31 MABUX: Bunker Market this morning, Oct 22

2019 October 21

18:25 Navios Acquisition announces $15 mln offering of common stock
18:02 Temasek subsidiary plans to acquire 30.55% of shares in Keppel
17:50 Two LNG-powered Sovcomflot tankers successfully completed voyages along Northern Sea Route
17:36 Anglo-Eastern signs Cyber MOU with Naval Dome
17:13 Guard ship "Yaroslav Mudry" of RF Navy’s Baltic Fleet made business call in Limassol
17:05 Blockchain and DNA-based marine fuels tracking solution BunkerTrace goes live
17:02 Castor Maritime announces vessel acquisition
16:40 Yaroslavsky shipyard launches diving ship '75 Let Pobedy’ built for Transneft UW Service
16:21 Ministerial Conference pushes ratification of Cape Town Agreement
16:16 ACO Marine secures order to design and manufacture a Clarimar MF-3 biological wastewater management system for installation to the luxury yacht
16:09 ABB to bring autonomous technology to the Port of Singapore
16:02 Hunter Group ASA announces delivery of Hunter Saga
15:39 TransContainer reports 9M’19 net profit of RUB 10.426 million, up 68.3% YoY
15:02 Epic Gas completes major refinancing of twenty ships
14:47 Port of Baku becomes first Green Port in Caspian region
14:13 Sulphur 2020: stakeholders prepare for a sea change from 1 January 2020
13:52 USPA starts accepting applications for participation in concession tender of “Olvia Stevedoring Company”
13:34 ABP is ‘calling on all UK technology companies’ to drive innovation
13:13 Innovative vessels visit port of Brussels
12:39 Ports of Antwerp and Zeebrugge initiate merger negotiations
12:12 Aker Solutions and EDP Renewables to develop floating wind farm in Ulsan, South Korea
11:55 Port of Singapore throughput in Jan-Sep’2019 declined by 0.5% to 467.9 million tonnes
11:36 Port of Rotterdam posts Q3 2019 results
11:19 Container throughput of port Hong Kong (China) down 6.5% to 13.68 million TEUs in Jan-Sep’2019
11:00 CMA CGM launches SHIPFIN TRADE FINANCE, its new range of import and export financing solutions
10:48 Port of Helsinki volumes in January-September down 3.3% to 11.16 million tonnes
10:33 Damen partners with Maris to consider seaweed solution
09:51 One-stop principle is crucial for yachting development in Russia - Igor Levitin
09:30 Brent Crude futures price is down 0.29% to $59.25, Light Sweet Crude – fell by 0.13% to $53.8
09:24 MABUX: Bunker market this morning, Oct 21
09:12 Baltic Dry Index is down to 1,855 points

2019 October 20

16:05 EDPR and Aker Solutions to develop 500MW floating wind farm in Ulsan, South Korea
15:25 Coast Guard updates port conditions in Gulf Coast region
14:47 Siemens Gamesa bags three new contracts for 359 MW in Chile
13:41 Fincantieri begins project for stretching three small cruise ships of Windstar
12:34 MSC introduces new Spanish rail service for reefer cargo
11:03 USCG, Mexican Navy search for overdue aircraft in Gulf of Mexico
10:12 DOE authorizes LNG exports from the Venture Global Plaquemines LNG Project

2019 October 19

16:12 Bibby Marine appoints Helen Samuels to lead the company into its next phase of development
14:58 Med Marine is building new concept ice class tugs for Svitzer
12:34 Sohar Port & Freezone inaugurate new Svitzer pilot boat duo
11:44 USCG offloads more than $92 million worth of cocaine in San Diego