• 2019 November 18 11:51

    New national port operator WT Terminal established in the Freeport of Riga

    By merging two former Swedish-owned terminals, new national port operator WT Terminal was born in the Freeport of Riga. Since inception, this company has managed to increase its cargo turnover seven times. Furthermore, it keeps increasing its production capacities, and cooperates with local engineers to develop and introduce innovative cargo handling technologies, the Freeport of Riga says in a press release.

    70% of WT Terminal cargo turnover is made up of timber, though it also increasingly focuses on grain and other bulk goods. Since 2005, when local partners took over shares in this former Swedish-owned company, WT Terminal has managed to increase the volume of handled consignments from approximately 100 thousand tonnes to 700 thousand tonnes per year. As for turnover, WT terminal is one of the Top 10 largest port operators at the Freeport of Riga, but in terms of the volume of handled timber, it is even in the Top 3.

    This success was made possible by smart investment to make all processes at the terminal as effective as possible. New and innovative technologies and solutions are introduced on a regular basis – both to optimise the handling process, as well as further the general development of the company.

    WT Terminal has facilities for drying, sorting and packaging sawn wood. “Our company gives added value to sawn wood that allows to increase its price by approximately 15-20%”, explains Andis Bunkšis, Member of the Board of WT Terminal. The company boasts the largest drying and sorting facilities at the port. For several years, it has also operated a sorting line that enables sorting and packaging of sawn wood after it is dried. Thus, the process takes as little time as possible to prevent the wood from absorbing unnecessary moisture. WT Terminal timber processing services are used not only by Latvian, but also increasingly by Belorussian exporters of sawn wood who often do not have access to drying facilities.

    According to company policy, customers should be offered the most extensive range of timber processing services possible, while increasing the efficiency of all processes. “I believe we are the only terminal at the Freeport of Riga that offers not only handling services, but also a complete automatic drying and sorting cycle for sawn wood. Process automation through the introduction of various automated solutions allows us to increase processing speeds, and reduce manual labour, as well as to improve the accounting and management of processes,” continues A. Bunkšis.

    To handle bulk cargo, WT Terminal uses a mobile Latvian designed and built bulk cargo conveyor belt, which was created together with port experts through a company called Smartteh. The mobile conveyor belt can be used to handle any type of bulk cargo. Thanks to cooperation between experts from both areas, it took just a year and a half to build from scratch. The line is still being tested and fine-tuned, but it is already clear that the price of the Latvian made conveyor belt is much lower than any foreign analogues. A representative of WT Terminal does not exclude the possibility that such lines could be mass produced in the future, as they do have promising export potential.

2019 December 8

16:47 ABS and CINS facilitate development of risk-based approach to minimize risk of container fires
15:32 Sea Machines & HamiltonJet collaborate to merge capabilities of autonomous control and jet propulsion systems
14:46 GWS installing turbines at Northwester 2 Offshore Wind Farm
13:22 Norsepower collaborates with SWS for cost and energy efficient VLCC designs
12:14 Grieg Star adds 64000dwt bulk cargo carrier to its fleet
11:05 ABS grants AIP for first Jones ACT SOV

2019 December 7

16:55 USCG Cutter Steadfast returns to port after 60-day counter drug patrol
15:42 TEN announces charter extension for an LNG carrier
13:08 FMT and Indian Register of Shipping sign MOU on strategic cooperation
11:34 AET secures long-term DPST charter contracts with Shell
10:37 Titan LNG tenders for 8000 cbm LNG bunker barge

2019 December 6

18:11 Lithuania aims to ensure state management of „Rail Baltica“ infrastructure
17:55 More operative services of towboats in the Port of Klaipėda
17:28 Acceptance/delivery certificate for Kalas, first rescue tugboat of Project MPSV12
17:06 APM Terminals Gothenburg takes another major step in their journey towards climate neutrality
16:04 Damen Shiprepair Amsterdam MD receives Harbour Medal
15:57 Northern Sea Route cargo traffic totaled 27.59 million tonnes YTD, up almost 70% Y-o-Y
15:26 IAPH Women’s Forum’s initiative “Women in Ports Mentoring Program” now extended to female Harbour Masters
15:03 Seabourn brings a new experience to guests with unique “Bow Lounge”
14:22 Throughput of port Ventspils (Latvia) in 11M’19 grew by 4% to 19.47 million tonnes
14:03 The container terminal at the Port of Gothenburg to be fossil-free by 2020
13:05 Carnival Corporation's Costa Cruises welcomes LNG-powered Costa Smeralda to fleet
12:54 Yacht Zarya with Russian team wins ARC+St.Vicent 2019
12:23 UN maritime agency commits to further action on gender equality
12:01 Jan De Nul sets new sustainability standards for maintenance dredging works in the marinas of Nieuwpoort on the Belgian coast
11:30 Canada Infrastructure Bank invests $300 million in Port of Montreal’s expansion project in Contrecoeur
11:20 Costa Smeralda delivered from Meyer Turku shipyard
11:02 Yang Ming sets up subsidiary in China
10:45 Largest Latvian transit companies represented at 2019 Russian Transport Week
10:17 GTT receives an order from Samsung Heavy Industries for the tank design of two new LNG Carriers
10:12 Joint Russian-Vietnamese exercise underway in Cam Ranh
09:59 MAN Energy Solutions and Orcan Energy agree to collaborate
09:49 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:36 MABUX: Bunker market this morning, Dec 06
09:30 Brent Crude futures price is down 0.44% to $63.11, Light Sweet Crude – down 0.33% to $58.23
09:14 Baltic Dry Index is down to 1,575 points
08:31 DNV GL awards Hudong-Zhonghua AiP certificate for gas-fueled 25000 TEU containership design

2019 December 5

18:05 ABS, MAN & SDARI join forces to develop ammonia-fueled feeder vessel
17:46 Throughput of Rostov-on-Don port in 11M’19 fell by 7% Y-o-Y to 21.1 million tonnes
17:21 Extraordinary general shareholders meeting of LUKOIL approves interim dividend
17:05 NORDEN enters new biofuel collaboration with Kvasir Technologies
16:28 Cargo traffic on Northern Sea Route can grow to 160 million tonnes by 2035 – Aleksandr Krutikov
16:05 ABS and CATL sign battery research agreement
15:54 Port of HaminaKotka published its statistics for November 2019
15:30 Ministry for Development of Russian Far East and Arctic expects special economic regime to come into force in Arctic in 2020
15:03 DNV GL and Huangpu-Wenchong sign JDP on 5,000 TEU LNG dual-fuel containership
14:49 Global project launched to tackle plastic litter from ships and fisheries
14:33 IMO Assembly approved renewal of Kitack Lim’s appointment as secretary-general of UN body
14:06 Torqeedo powers all-electric harbour water clean-up boat
13:06 YILPORT Puerto Bolívar now operates with four mobile harbor cranes
12:44 Bunker prices increase at the Far East ports of Russia (graph)
12:25 Norfolk, Virginia to host Port & Terminal Technology USA on 21-22 April 2020
12:17 MABUX: Bunker market this morning, Dec 05
12:08 Inmarsat launches Fleet LTE service in the North Sea
11:50 Forum «Arctic: Today and the Future» kicked off in Saint-Petersburg
11:29 “K” Line completes additional development (Phase-2) of “Kawasaki Integrated Maritime Solutions”
11:05 PIL upgrades Redsea Gulf Service and Intra-Redsea Feeder 5
10:37 DNV GL and GSI cooperate on AI-based solution to improve welding NDT efficiency
10:01 Bunker sales at port Vladivostok in 11M’19 grew by 53.2% to 1.58 million tonnes
09:36 Brent Crude futures price is down 0.1% to $62.94, Light Sweet Crude – down 0.38% to $58.2