• 2017 April 18 12:06

    Port of Riga cargo volume increases by 2.1% in Q1 2017

    The Freeport of Riga finished the first quarter of 2017 with a positive balance - cargo volume increased by 2.1% compared to the last year. The month of March was also successful - the handled cargo volume was by 7.9% more than in March 2016. The increase is mainly attributed to the positive performance of coal, container and timber segments.

    In the first quarter of 2017 3.5 million tons of coal were transshipped via Riga port, which is by 18.4% more than within the last year's respective period. According to the Freeport of Riga Authority’s market analysis data Russia's coal export flow through the Baltic Sea ports has significantly increased compared to the 1st quarter of 2016. Thus, the coal cargo volume has increased at both Russia's own ports and coal terminals of Riga port and at Ventspils port. Dry bulk segment demonstrated the positive quarterly figures also in grain, wood chips, sawn timber and metal cargo groups. The total volume of metal group bulk cargo – ore, scrap metal and ferroalloys - has increased by 32.8% compared to 2016. Thanks to a significant increase in lumber and wood chip cargo groups, the timber volume , transshipped by the port, has reached 1 million tons and increased by 3.3% compared to the last year.

    In the first quarter of the current year there have been very positive developments in general cargo segment, where the last year’s cargo turnover index has been exceeded by 15.4%. The volume of containers, handled at the port, continues to grow. In the first three months of 2017, 110.4 thousand TEU of containers were transshipped through the port of Riga, which is the 1st quarter’ s highest figure over the Port of Riga history. Subsequently, March monthly indicator - 38 thousand TEU, is the month record of the Port of Riga in container cargo handling. Ro-ro cargo turnover of general cargo segment has also increased by 33.9%. This increase is largely attributed to the Tallink ferry line more intense activities during this year.

    The first quarter of 2017 has been successful for the port of Riga in passenger service area. Predictions about the rapid increase in the number of passengers due to renewed operation of the second Tallink ferry have come true. During the first three months the Port of Riga has serviced 134 thousand passengers, which is by 22.6% more than during the respective period of the last year.

    The Freeport of Riga is the largest port in Latvia. In 2016 cargo turnover volume amounted to 37 million tons. The Freeport of Riga is a multi-functional port with a modern and secure infrastructure, where high quality services are provided by 194 private enterprises operating at the port, including 35 stevedoring companies (cargo handling terminals).

    The Freeport of Riga Authority (FPRA) manages the port, and is responsible for the maintenance of the port infrastructure, for the port security, as well as for the port land and infrastructure leasing to private enterprises. The FPRA is the executive body that implements the Freeport of Riga Board decisions on port development. The FPRA is not engaged in commercial activities at the port.

    Its revenues consist of port dues, collected from the vessels, as well as of land and berth rent fees. The FPRA operates in compliance with the principles of non-profit organizations - its financial resources are spent only for the port management and development.




2020 August 9

16:21 MPA launches six next-generation patrol craft to grow its frontline capabilities
15:35 Fincantieri Bay Shipbuilding prepares for Navy frigate work
14:03 NCLH reports Q2, 2020 financial results
13:27 USCG Cutter Legare offloads nearly 5,000 lbs. of cocaine, marijuana
12:49 ACBL names Mike Ellis as new CEO
11:17 POAL and ship’s master fined $432,400 for excessive speed

2020 August 8

15:32 NOAA, U.S. Navy will increase nation’s unmanned maritime systems operations
14:31 Sanmars Sirapinar commences operations in Baltic Sea
13:42 USCG accepts newest fast response cutter
12:03 SCHOTTEL propulsion for first-class expedition cruise vessels
11:18 Australia’s new icebreaker on the move

2020 August 7

18:32 Maersk revamps Europe to Middle East & Indian Subcontinent network
18:00 Rosmorport's to beef up its icebreaking fleet to 38 units in 2020
17:00 World’s first zero-emissions top handlers performing well at Port of Los Angeles
16:01 Port of HaminaKotka seven-month volume fell 16.7%
15:09 Launching of Russia’s first LNG-powered passenger ship Chaika held at Zelenodolsk Shipyard
14:21 North Carolina Ports records year-over-year increases in Fiscal Year 2020
14:09 Cargo traffic at Port Kavkaz in January-July rose 9%
13:21 ABP invests in Port of Lowestoft to support UK Southern North Sea energy sector
13:19 Krasnoye Sormovo Shipyard hosts launching ceremony for the RSD59 series MS Pola Marina
12:49 Rosmorport plans expansion of its fleet by 24 newbuilds
12:08 Jan De Nul signs contract with Dogger Bank Wind Farm
11:22 The second tanker manufactured in Azerbaijan launched for the next stage of construction
10:37 MSC’s Golden Horn service links China, Korea & Russia’s east coast
09:59 Ecochlor receives IMO BWMS Code Type Approval
09:51 MABUX: Bunker market this morning, Aug 07
09:16 Baltic Dry Index as of Aug 6
09:12 Crude futures prices turn down again

2020 August 6

19:00 FSL Trust agrees to sell three containerships
18:27 Sumitomo Heavy Industries has been granted an “Approval in Principle” for a medium-size high-pressure LNG dual-fueled tanker
18:21 Port of Rostov-on-Don seven-month volume rises 4% to 12.7 million tonnes
18:07 ICTSI 1H2020 net income down 12% to US$113.4mln
17:26 Royal IHC awarded major contract for supply of FPSO equipment for Yinson
17:25 Vodohod’s newbuild Mustai Karim arrives at Saint Petersburg
16:36 Nevsky Shipyard launches the Pavel Leonov, last ship of PV22 series duo
16:15 North Sea Port, Flemish Waterways plc, Port of Antwerp, Port of Oostende, Port of Zeebrugge, the Agency for Maritime and Coastal Services, and the Joint Nautical Management to introduce SWINg in 2021
15:43 Zelenodolsk Shipyard to host tomorrow launching and keel-laying ceremonies
15:41 Maritime Autonomous Surface Ships Port Network was established in Singapore
14:27 MABUX Bunker Weekly Review
13:54 Tolyattii bound heavylift project cargo successfully handled at Port Bronka
13:27 Alaska Marine Lines rail barges upgrade ballast systems
12:46 Davie confirms polar leadership with icebreaker launch
12:35 Transit container transport by RZD network soars 30% in Jan-Jul
11:40 CMA CGM to launch its ever-faster service connecting Spain with Algeria
11:35 Carnival Cruise Line joins industrywide pause in U.S. through October 31
10:18 Shell signs charter contracts for six newbuild LNG carriers
10:15 Fourth IMO Greenhouse Gas Study: Shipping emissions are projected to increase by up to 50% until 2050, relative to 2018
09:58 The Flemish government, Port of Antwerp and SeReAnt together improve the water quality at the Port of Antwerp
09:26 Baltic Dry Index as of Aug 5
09:21 Crude futures prices resume climb
09:10 MABUX: Bunker market this morning, Aug 06
08:11 NYK starts operation of its first finished-car logistics terminal in Japan

2020 August 5

18:57 Valenciaport triples air quality control cabins
18:16 U.S. Coast Guard suspends search for missing spearfisher off Maui
18:04 Port of Helsinki turnover decreased by 26.7% to EUR 33.4 million in January–June 2020
17:35 A delegation of the Port of Gdansk visits Klaipeda
17:06 Voluntary ship slowdown through Swiftsure Bank begins August 1
16:49 Mississippi River will get deeper
16:39 MOL introduces FOCUS Project Part Ⅲ: Virtual Ship Visit Application 'Fleet Tour'
16:29 Admiralty Shipyards starts building fourth CT-192 series trawler the Kapitan Martynov