• Home
  • News
  • Record cargo turnover registered at the Port of Riga in October
  • 2019 December 2 11:59

    Record cargo turnover registered at the Port of Riga in October

    In terms of the volume of handled cargo, October was the most successful month this year, the Port of Riga says in its press release. New monthly records were set for cereals, wood chips and container cargo segments. This is also resulted in more ships arriving at the Port of Riga. In October, there were as many as 311, which is the highest monthly number this year.

    “Record high cargo turnover at the Port of Riga can be attributed to the fact that in several cargo groups this is the most active handling time, as these groups have a certain seasonality. For example, most cereals are handled during the harvest, while the flow of wood fuel, including wood chips, increases before the heating season,” explains Ansis Zeltiņš, the CEO of the Freeport of Riga.

    However, the flow of container cargo is not significantly affected by seasonal variations. The number of containers handled at the Port of Riga has already been growing for several years, reaching new record highs on regular basis. This year, the port also managed to handle slightly more containers than at the same time last year, and the total volume of container cargo has already exceeded 4 million tonnes. Furthermore, with 461,000 tonnes of container cargo handled, this October has been the most successful month ever for the port in this cargo segment.

    This year, the volume of coal handled by the Port of Riga was significantly affected by the completion of new infrastructure at Krievu sala and the transfer of coal handling operations from the centre of the city to new terminals on the left bank of the Daugava River. “It is clear that relocation of terminals is not as simple as switching off the light on one bank and switching it on on the other. It required a set of technically complicated measures, and during this process some cargo was redirected to different ports. Thus, during the last few months, cargo flows were smaller at the port,” explains the CEO. As coal makes up approximately one third of all cargo handled at the Port of Riga, fluctuations in this cargo group significantly affect the general statistics. “But October was the first month when the volume of handled coal again exceeded 1 million tonnes since the transfer of coal operations to Krievu sala,” continues Ansis Zeltiņš.

    The timber segment is also experiencing a positive trend: not only monthly, but also annually. In this group, the turnover of wood pellets has significantly increased by 43% year on year. Also, the turnover of wood chips has increased by 20%. Exports of wood pellets and wood chips have been supported by stable demand that tends to increase with every heating season, as well as by the low price of raw materials required for the production of these products.

    With respect to cargo handling, cereals produced notable growth. This year, the Port of Riga has managed to handle one third more than during the same period last year. Thus, we have already achieved last year’s totals, setting a new absolute record for the port in this cargo group. Approximately a half of the handled cereals was produced in Latvia, and the rest originated from transit consignments received mostly from producers in Russia and Lithuania.




2021 October 20

18:51 Intellian and Inmarsat launch industry’s newest FleetBroadband terminals
18:31 Oceangate’s 2021 titanic survey expedition connected by Inmarsat satellite communications
18:11 P&O Ferries launches comprehensive Customs Clearance Service
17:46 Kongsberg launches new Kognifai Marketplace
17:06 Rolls-Royce plans to partner the Indian Navy for its ‘Fleet of the Future’
16:35 MAN Energy Solutions signs MoU with Mitsui E&S and Mitsui O.S.K.
16:23 “K” LINE successfully separates and captures CO2 from exhaust gas in world’s first CO2 capture plant on vessel
16:02 Seanergy Maritime announces acquisition of its 17th Capesize vessel
15:44 Rates for container transportation expected to decrease in 2022
15:25 ENI and Fincantieri sign an agreement for initiatives to support the energy transition
15:02 Wärtsilä and Solvang to collaborate on retrofitting carbon capture and storage system on Clipper Eos
14:20 Port of Rotterdam appoints Allard Castelein for a third term
13:52 Kawasaki Heavy Industries announces delivery of bulk carrier BBG GUILIN
13:20 Port of Oakland sees no backlog on docks, calls for cargo
12:52 Japanese company Kubota chooses port of Rotterdam for Northern European distribution
12:39 Crowley participates in Saildrone Inc’s $100M Series C round to advance ocean intelligence products
12:02 Global Ports terminal In Helsinki increases number of container services
11:54 Port Houston container volumes up 11% to 281,500 TEUs in September 2021
11:40 Sibanthracite Group acknowledged as best supplier of coal to China for second consecutive year
11:16 MPA and DMU signed MoU to drive talent and academic exchange in the maritime sector
10:51 Mitsubishi Shipbuilding successfully separates and captures CO2 from exhaust gas in world’s first marine-based CO2 capture system project
10:28 Modernization of border checkpoint completed in Kavkaz seaport
10:06 RF President gives instructions on permanent environmental monitoring in areas of handling dry bulk cargo and cargo emitting dust
09:45 MABUX: No firm price trend on Bunker market on Oct 20
09:35 Crude oil prices decrease on US reserves growth
09:19 Baltic Dry Index as of October 19

2021 October 19

18:24 Ocean Yield ASA sells two LR2 tankers
17:44 Klaveness Combination Carriers sells a 21-years old CABU vessel
17:22 Oboronlogistics delivers cargo for the construction of a cultural cluster in Kaliningrad
16:58 North Sea Port, Zeeland Regional Safety Board and Central Fire Response Zone join forces for cross-border incident response in the port area
16:35 European shipowners support the uptake of clean fuels but fear FuelEU may become missed opportunity due to enforcement loopholes - ECSA
16:20 9M’2020 throughput of Taganrog Sea Commercial Port grew by 6% Y-o-Y
16:05 Fuelling the Industry: LNG as a fuel and its infrastructure at the 8th International Congress
16:04 Empire Offshore Wind selects Vestas as its preferred supplier for wind turbine generators for Empire Wind I and Empire Wind II
15:41 The decarbonization strategy likely is now the best business strategy for shipowners - ABS
15:13 Bollinger celebrates commissioning of 45th Fast Response Cutter USCGC Emlen Tunnel
14:51 RF Government and Rosatom instructed to organize regular transportation of transit cargo by NSR
14:30 Port of Rotterdam throughput rises substantially again in Q3 2021
14:03 Valenciaport throughput up 8.33% to 63.46 mln tonnes in Jan-Sept 2021
14:02 Ice restrictions in Port of Sabetta basin to be effective as of Oct 25
13:39 TGE Marine announces the successful gas trail of LNG bunker vessel ´Dmitry Mendeleev´
13:08 Port of Antwerp throughput up by 4.8% to 179.1% mln tonnes in Jan-Sept 2021
12:54 Cargo traffic via Khabarovsk Territory ports rose by 3% in 9M’21
12:33 Vitol’s V-Bunkers receives green ship awards from Maritime Port Authority of Singapore
12:15 The Methanol Institute welcomes the European Union’s package of proposals Fit for 55
11:36 Volga Shipping announces completion of three tankers conversion project
10:46 MABUX: Bunker prices may demonstrate multidirectional changes on Oct 19
10:11 Russian Gas Society supports 5th LNG Fleet, LNG Bunkering and Alternatives conference
10:09 Berenberg expands debt fund portfolio with two new multi-investor funds
09:46 Baltic Dry Index as of October 18
09:25 Crude oil prices rise on crisis anticipation
09:13 Roxtec selects Sustainable Marine Fuels

2021 October 18

18:07 OneOcean Group brings voyage optimisation solutions to Marlink Partner Programme
17:53 NOVATEK held its first Arctic LNG Projects Shipowners Conference
17:49 MOL tabletop drill prepares for serious marine accident
17:29 Over 40 ships and boats of RF Navy's Black Sea Fleet took part in large-scale exercise at Opuk training ground in Crimea
16:52 Icebreaker Kapitan Khlebnikov to help deliver new components for the Vostok Station in the Antarctic
16:16 Throughput of Russian seaports in 9M’2021 climbed by 1.7% (detalization)
15:48 Four industry focused educational institutions to take part in 5th LNG Fleet, LNG Bunkering and Alternatives conference
15:25 Baltiysky Zavod shipyard casts forth one-piece propeller for Project MR-50 product tanker