• 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 July 29

18:26 GTT appoints its new Chief Financial Officer
18:06 PGNiG terminates Port Arthur LNG agreement
17:54 FESCO, RZD Logistics and Nurminen Logistics launch regular intermodal service from Asia-Pacific countries to Finland via CPV
17:36 PGNiG Group expands its fleet of gas tankers
17:16 The Hebridean Princess returns to ABP’s Port of Cardiff
16:58 Okskaya Shipyard to build five tugboats of Project NE025 for Marine Rescue Service
16:42 Ever Given arrives to the port of Rotterdam
16:34 PGNiG to purchase more LNG from Venture Global LNG
16:17 Kalmar to deliver 12 straddle carriers to long-term partner Medcenter Container Terminal in Italy
15:56 New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage
15:11 Railway traffic launched through the second Baikal tunnel
14:48 Rosmorport's Petropavlovsk Branch takes part in exercises on maritime search and rescue of people
13:59 The Maritime and Port Authority of Singapore forms Global Centre for Maritime Decarbonisation
13:15 Hydrographic Company to hold auction for construction of Arc7 hydrographic ship
12:37 Baltiysk ferry meets ISM Code requirements
12:13 Sembcorp Marine bags 24 Workplace Safety and Health Awards
11:46 Ongoing travel restrictions continue to impact Tallink Grupp financial results in Q2 2021
11:08 MARAD awards vessel acquisition management contract to Crowley
10:43 Rosmorport’s tugboats assisted sailing boat Pallada mooring in Egvekinot and Provideniya ports
10:08 Thun Tankers announces the launching of product tanker Thun Empower
10:00 British Ports Association welcomes the resumption of international cruise in England
09:35 Baltic Dry Index as of July 28
09:18 SCHOTTEL to deliver a total of ten rudder propellers and two transverse thrusters to Sanmar Shipyards
09:09 Crude oil prices rise on reduction of US reserves
08:00 Verifavia shipping highlights widespread confusion over EEXI technical parameters
07:55 Drewry launches shipmanager Steering Group to power vessel opex benchmarking

2021 July 28

18:20 NOVATEK announces consolidated IFRS results for Q2 and H1 of 2021
18:01 New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage
17:09 PSA & ONE team up to enhance sustainability and reduce maritime environmental footprint
16:28 ECSA and ETF welcome WHO decision to prioritise seafarers’ vaccination
16:03 Rosmorrechflot supports the International Conference “Development of Icebreaking and Support Fleet”
15:42 ERMA FIRST adds world’s smallest ballast water treatment system to product range
15:18 DCT Gdańsk and the Port of Gdańsk enter a new era of container handling on the Baltic Sea
14:51 Oleg Shakhmardanov appointed as head of FSBI Moscow Canal
14:10 MAN wins the world-first order for methanol engine within container segment
13:56 Amursky Shipyard should enter the APR markets – Prime Minister Mikhail Mishustin
13:14 Norcod finalizes transfer of 2.4 million fish into sea phase
12:55 Captain Guryev, rescue vessel of RF Navy's Black Sea Fleet passed the Suez Canal
12:32 Onezhsky Shipyard to get first federal tranche of RUB 1.3 billion for creation of ‘digital shipyard’ this year
12:13 DNV backs crew change programme in South East Asia
11:10 Firth of Forth proposed as Scotland’s Green Port
10:38 The Port of Gdansk welcoms the first cruise ship of the season
10:10 Andrey Severilov re-elected Chairman of the Board of Directors of FESCO
10:03 Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China
09:47 FESCO held repeated Annual General Meeting of Shareholders
09:28 Crude oil prices rise on reduction of US reserves
09:12 Baltic Dry Index as of July 28
09:05 Neal elected Long Beach Harbor Commission President
08:59 Seanergy announces delivery of one Capesize vessel and new bank loan facility

2021 July 27

18:34 Port of Kaohsiung wins International Association of Ports and Harbors (IAPH) 2021 Award
18:16 Port Houston launches business equity program
17:56 The UK’s most eastern port welcomes the maiden call of Noble Caledonia’s flagship vessel
17:36 ONE offers free transportation of oxygen tanks to India to fight the COVID-19
17:06 Pilbara Ports Authority launches its annual Recreational Vessel Safety Campaign
16:42 Carbon Trust to support BEIS in development and demonstration of innovative floating offshore wind technologies for the UK
16:14 Cargo Integrity Group calls for risk-based measures to prevent pest contamination
16:03 Passengers travelling via the Port of Helsinki should prepare for occasional congestion
15:33 APM Terminals Mobile targets Midwest supply chains
15:02 MOL jointly develops new energy-saving sail to boost ship propulsion
14:42 ICTSI South Pacific starts bulk coffee operations