• 2020 July 7 15:56

    New ferry line Baltic Link launched at the port of Riga

    On Monday, July 6, the ferry MIDAS of the new cargo transshipment line Baltic Link arrived for the first time at the port of Riga, namely at the ferry berth of SIA “Man-Tess Tranzīts”. According to the port’s press release, this voyage is the start of regular cargo vehicle (Ro-ro) transportation between Riga and the port of Oxelosund in Sweden. From now on, the ferry will make three trips from Riga every week - on Tuesdays, Thursdays and Sundays. The operator of the Baltic Link line is the Swedish shipping company Wagenborg Shipping Sweden AB, which is expanding its Ro-ro ferry line network in the Baltic Sea with the new Baltic Link line.

    "Taking into account the peculiarities of competition in the field of ferry transportation as well as the location of the Port of Riga, the entry of another cargo ferry line into the port is very positive," said Mr. Viesturs Zeps, Chairman of the Board of the Freeport of Riga. “Latvian freight carriers can benefit from another competitive logistics route to the Nordic countries, while the range of services provided at the Port of Riga is expanding. It might be an excellent opportunity to attract new customers to the port of Riga and increase the volume of handled cargo. Thus, we are taking another step approaching the objective of the Port of Riga development - to become a modern and efficient logistics center, serving both the Baltic and Nordic countries,” added V. Zeps.

    The port of Riga is a multifunctional port with a modern infrastructure, providing for various cargo handling as well as for accommodation of various types of vessels, including Ro-ro ferries. The port of Riga is located in the Gulf of Riga, which makes freight ferry transportation to European ports less competitive in terms of distance and cost, compared to ports located on the shores of the Baltic Sea. Nevertheless, this type of transportation is developing at the port of Riga, and Ro-ro cargo volumes are increasing. Until now, regular Ro-ro transportation from the port of Riga has been provided by Tallink line ferries, which carry both passengers and cargo.

    The cargo ship MIDAS (length: 108.5 meters, beam: 17 meters) with a carrying capacity of 5873 GT sails under the Finnish flag. The line operator, Wagenborg Shipping Sweden AB, points out that as the volume of the transported cargo increases, the ferry MIDAS can be replaced by a larger, demand-compliant ferry.




2020 December 4

20:37 Jan De Nul starts construction of its 5,000 tonnes crane vessel Les Alizés
18:36 RORO carrier continues liner services after fast steel repairs at Niestern Sander
18:20 Sea Port of Saint-Petersburg launches unified platform for data exchange with Russian Railways
18:06 Ørsted completes the construction of the largest in the Netherlands offshore wind farm
17:46 BIMCO: EU ship recycling regime improved but gaps remain
17:26 Hapag-Lloyd announces PSS from Far East to North Europe and Mediterranean
17:04 Zvezda Shipyard lays down shuttle tanker of ARC6 class
16:52 Lloyd's Register to acquire C-MAP Commercial from Navico Group
16:35 WDP builds multimodal mega-distribution centre in North Sea Port
16:05 Volkswagen powers car freighters with used oil from restaurants
15:24 Marvesa and Koole Terminals sign an agreement to build and use a new tank storage terminal in the Port of Rotterdam
15:09 Cargo traffic within Azov-Don Basin of Russia’s IWWs grew by 7.6% in 2020
14:11 CMA CGM announces FAK rates from North Europe to Kenya and Tanzania
13:45 Nefteflot lays down third cruise ship of Project PV20S
13:13 The Finnish Financial Supervisory Authority approves the merger prospectus concerning the combination of Cargotec nd Konecranes
12:24 Kapitan Metsayk icebreaker arrives at Azov seaport
12:01 Austal Australia launches first of two cape class patrol boats for Trinidad and Tobago Coast Guard
11:40 Klaipėdos Nafta joins Lithuanian hydrogen platform
11:19 Bunker prices started decreasing at the Port of Saint-Petersburg, Russia (graph)
11:18 Odfjell SE agrees to acquire Lindsay Goldberg’s stake in Korea terminal
11:09 CMA CGM announces THC for import / export Finland, Sweden, Spain, Italy, Belfast (UK)
10:55 MABUX: Bunker market this morning, Dec.04
10:49 Port of Long Beach prioritizes dual transactions
10:37 NSR cargo traffic grew by 4.2% in 11M’2020
10:00 Online discussion of China’s inland shipping experience to continue on December 9 at joint PortNews/MEB webinar
09:26 Oil prices rise following OPEC+ meeting
09:14 Baltic Dry Index as of December 3

2020 December 3

18:31 ABS, Hyundai Heavy Industries Group and the Marshall Islands Registry JDP creates coating needing just one application
18:11 Lotos shipyard lays down two more dredgers of Project 93.159
18:03 Torqeedo powers Thailands first electric passenger ferry fleet
17:28 Krasnoye Sormovo shipyard delivers dry cargo carrier Alfa Mercury
17:06 Wärtsilä signs 5-year agreement with LMM for the main engines for two VLGCs
17:02 Bunker Weekly Outlook, Dec 03, 2020
16:50 The 1st Hackathon dedicated to innovation in the port sector in Morocco launches from December 18 to January 29
16:37 Timber and forestry products account for 24% of Riga port’s total turnover
16:05 Cargotec’s Board of Directors has decided to initiate a sales process for Navis software business
15:59 Rosatom to establish Marine Operations Headquarters for NSR
15:34 Port of Antwerp tightens regulations regarding byloads inside second-hand vehicles
15:22 Operation of unmanned navigation test basin on Neva river to continue next season
15:04 Maersk Tankers adds four Xihe-owned tankers to its pools
14:24 Equinor and SINTEF enter into a strategic collaboration agreement
14:02 Investment reaps rewards for Pilbara’s ports
13:40 Bunker market sees mixed price movements in the Far East ports of Russia (graph)
13:02 Trafigura becomes a major investor in green hydrogen with H2 Energy
12:34 RF Government drafted decree on providing state support to construction of large-capacity ships
12:01 Busiest month for Port of King’s Lynn in five years
11:55 The study by HTC identifies almost 30 measures that can lead to a reduction in CO2 emissions in the Port of Hamburg
11:29 AS Tallink Grupp published its tatistics for November 2020
11:00 BW LPG enters into agreements to sell two vessels
10:35 Ships of RF Navy's Pacific Fleet completed their visit to Sri Lanka
10:10 Rosmorport takes delivery of self-propelled hopper barge Morskaya
10:02 Soren Toft arrives at MSC as Chief Executive Officer
09:48 MABUX: Bunker market this morning, Dec.03
09:29 Oil prices are slightly down
09:16 Baltic Dry Index as of December 2

2020 December 2

18:37 Rolls-Royce acquires leading supplier of ship control systems Servowatch
18:05 Aker and MAN sign agreement to develop energy-efficient compression solutions for carbon capture and storage applications with heat recovery
17:53 Cargo traffic within Azov-Don Basin of Russia’s IWWs grew by 7% in 11M’20
17:20 Fincantieri finalizes new generation of thrusters
17:15 Hapag-Lloyd announces rates from East Asia (incl. Japan) to North Europe and Mediterranean