• Home
  • News
  • Port of Riga handled 3.54 mln t of cargo in October, up 7%, year-on-year
  • 2016 November 23 15:25

    Port of Riga handled 3.54 mln t of cargo in October, up 7%, year-on-year

    Port of Riga says October was the most successful month of the year in regards of cargo turnover at the port of Riga, as well as the most successful October in the port's history. The monthly cargo turnover at the port reached 3.54 million tons, and compared with September it increased by 18%. By contrast, monthly indicators of the last year's October have been exceeded by 7%. The largest contribution to the growth of cargo turnover in October has been provided by a record high volume of coal handled at the port of Riga. Monthly amount of handled coal has reached 1.5 million tons, which is the largest monthly volume of handled coal in the port of Riga history. Coal cargo turnover has increased significantly at all Riga port coal terminals. In October 2016 the largest monthly volume of handled container cargo   - 415.5 thousand tons - was registered, which is the highest monthly figure in the history of the Riga port. Total amount of cargo, transshipped at the port during ten months, has reached 30.4 million tons of different cargo types. Due to excellent October, the overall decline in cargo turnover in comparison with the corresponding period of the last year decreased by 8.8%.

    Within ten months 18 million tons of various cargo were handled in dry bulk segment. As it has already been mentioned, October has been a very successful month for coal transshipment. Within ten months of the current year the Port of Riga handled 10.6 million tons of coal, which is by 12.2% less than last year, but the difference has significantly decreased. At the beginning of October the coal cargo drop, compared with the previous year, has been 17.1%. The significant increase in coal cargo at Riga port can be attributed to the increased coal demand in Europe since the beginning of the cold season, the sharp rise in coal prices in the European markets and the growing Russian coal exports. Compared to the last year's ten months cargo volumes of grain products, metal ore, fertilizers, peat, building materials and various metals have also increased in the dry bulk segment.

    The total turnover of general cargo at the Port of Riga within the first ten months of the current year has increased by 2.8% compared to the last year's corresponding period. An increase in general cargo segment can be attributed to the growing container handling indicator.  During ten months of 2016,   314.3 thousand TEU (3.3 million tons) of containerized cargo were handled at the port, which is by 6.5% more than within the corresponding period of 2015. It has already been mentioned, that a historical record of container cargo monthly volume handled at the port of Riga has been achieved in October. Container turnover increase is a very positive trend for both the Freeport of Riga and the Latvian transport and logistics industry. General cargo segment is also experiencing growth of ro-ro, cereals, metals, fish products and chemical general cargo.

    Oil product transshipment volumes and, hence, the total liquid cargo turnover at Riga port remains relatively low.  During ten months of 2016, the port has transshipped 7.1 million tons of liquid cargo, which is by 20.7% less than within the previous year's respective period. 

    Ten months of 2016 were successful for the port of Riga in regards of passenger service. 496 thousand ferry and cruise passengers were welcomed at the port, which is by 7.1% more than last year. 2016 cruise season in Riga ended in October with the following results - 62 cruise vessels and 70 000 cruise passengers –by 3.4% more than during the previous season.




2022 January 23

09:51 AIDA named Top Employer again

2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
13:29 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
12:41 New year boost for MYCRANE as four lifting experts join the team
12:07 Mitsui O.S.K. Lines, Ltd. and Bombora Wave Power strengthen their collaboration through an investment
11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker
18:05 Valaris announces floater contract awards
17:43 Alfa Laval experiences increased demand for solutions related to LPG as fuel
17:26 Throughput of Chinese sea and river ports in 2021 climbed by 6.8% YoY
17:15 The U.S. Army gets $22.81 billion in supplemental funding of studies, projects and programs
17:05 Sanmar Shipyards delivers fourth powerful compact tug to SAAM Towage
16:50 Cargo traffic on IWW of Russia in 2021 rose by 1.2% to 110.3 million tonnes
16:35 Uber Boat by Thames Clippers builds the UK’s first hybrid high speed passenger ferries
16:15 American Cruise Lines unveils Project Blue
16:05 TGE Marine announces the completion of the tank building phase for two large LNG cargo tanks
15:31 Hafnia plans to acquire 12 modern LR1 tankers
15:25 Holland Shipyards Group develops new tug EDDY 24-50 E
15:05 ZIM announces new chartering agreement for three 7,000 TEU LNG dual-fuel container vessels
14:40 Exports of LNG and gas condensate from port Sabetta exceeded 19 million tonnes in 2021
14:11 Stena Line and Associated British Ports sign £100M deal for new ferry terminal at the Port of Immingham
13:45 Federal authorities asked to step into situation with coal transportation by Russian Railways
13:19 MABUX: Bunker Weekly Outlook, Week 03, 2022
13:12 Norside buys the platform supply vessel 'Farland' for offshore wind
12:46 New ICS guide helps seafarers navigate the digital bridge
12:08 The Harbour Master’s Division of the Port of Rotterdam Authority makes it through the second corona year unscathed
11:51 Port of Long Beach sets annual record with 9.38 million TEUs
10:46 Global Ports' consolidated marine container throughput increased by 2.8% y-o-y in 2021
10:10 Increase of cargo predicted for the Port of Riga this year
09:33 MABUX: Global bunker prices may turn over downward correction in the end of the day
09:25 Crude oil market sees downward price correction
09:08 Baltic Dry Index as of January 19

2022 January 19

18:20 New SGMF publication provides expansive and highly relevant guidelines on safe bunkering of LNG
18:03 ESL Shipping sells the barge Espa
17:52 High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers
17:50 Euroseas announces new charter for its 2,788 TEU, 2004-built vessel
17:33 Freeport of Riga Authority to invest almost EUR 1 million in implementation of port digital technology and IT solution projects this year