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2012 April 5   13:05

Port of Ventspils cargo traffic rises 19 percent to 8.5 m tons

Cargo throughput at Ventspils Free Port in the first quarter of 2012 increased by 19% compared to January-March 2011, exceeding 8.5 million tons, the Port Authority said.

In January-March, the port’s terminals handled 4.7 million tons of oil products a 25-percent growth year-over-year, 2.4 million tons of coal, a twofold surge from last year’s figure and 454,000 tons of Ro-Ro cargoes (+13 %).

In March, freight traffic passing through the port totaled 3.2 million tons (+3%). Shipment of coal reached 969,000 tons.

The three-month volume gain was driven largely by three terminals: handling of cargo at Ventspils Nafta Terminal boosted by 21%, throughput at Ventspils Commercial Port soared 61%, Baltic Coal Terminal demonstrated a 47-percent growth and cargo volume handled at Ventbunkers rose 38% year-over-year.

Latvia’s Free port of Ventspils is a deepwater ice-free port. The country’s premier port ranks among leading ports on the Baltic Sea and top 20 European ports. The port can accommodate Aframax size tankers of 130.000 DWT and Panamax vessels of 75.000 DWT. The port encompasses 2623,9 hectares with terminals for handling oil products, crude oil, liquid chemicals, mineral fertilizer, metals, forest products, coal, grain, juice concentrates, containers and Ro-Ro cargoes. In 2011, FPV’s throughput rose year-on-year 15% to 28.5 mln tons.

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