• 2020 July 17 11:20

    Port of Riga obtains new opportunities of timber export to Iceland

    Riga port company SIA “Jaunzeltiņi” has started transportation of timber to Iceland. In June of the current year 1 700 cubic meters of sawn timber produced in Latvia and Belarus were loaded on the vessel SILVER STAR to be delivered to the port of Neskaupstadur, Iceland. Iceland is traditionally one of the target markets of Latvian sawn timber producers, where timber is mainly used for packaging of fishery products. With the start of regular transportation from the Freeport of Riga, Latvian sawn timber producers and traders can benefit from a new, efficient logistics route, facilitating access to an important export market.

    Timber transshipment is provided by SIA “Jaunzeltiņi” in cooperation with the Icelandic partner “Tandrabretti ehf”.

    Arturs Veispals (Artūrs Veispāls), Chairman of the Board of the SIA “Jaunzeltiņi”: “Icelandic reefer vessels provide regular deliveries of fish to the ports on the eastern shore of the Baltic Sea during the active fishing season. In order for the ships to return to Iceland with cargo, we have created an opportunity to use this route in the opposite direction as well, namely, by loading Latvian timber on board and delivering it by sea to Iceland. Thus, we can create a regular and cost-effective opportunity for Latvian sawn timber exporters to deliver their export products to buyers in Iceland, while the Icelandic side has the opportunity to regularly receive the raw materials needed for packaging production at affordable prices during the fishing season. ”

    Previously, the company “Tandrabretti ehf” benefited from such cooperation with the port of Klaipeda, but the quality of operation and customer service at the port of Riga has convinced the Icelandic entrepreneur to launch regular transportation directly from the port of Riga. First shipments to Iceland are planned during the active fishing season from July to October. In the future, it is planned to provide regular transshipment and offer this logistics route to Iceland to Latvian food producers as well.

    Mr. “The Freeport of Riga continues to develop the export of locally sourced cargo, which is one of the cornerstones of the port's stability. The company’s ability to find new logistics solutions, providing local timber manufacturers with an access to one morel market, shall be highly assessed,”emphasized Mr. Viesturs Zeps, Chairman of the Freeport of Riga Board.




2021 January 23

16:31 DNV GL awards AIP to KSOE for wing sail propulsion system
15:23 Boomsma Shipping installs and sails off with two eConowind Flatrack VentiFoils
14:51 HHLA acquires majority share of automation specialist iSAM AG
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12:42 Puerto Aguadulce hits 1 million TEU milestone
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10:53 Bahri Ship Management receives ISO 45001 certification for occupational health and safety

2021 January 22

18:00 Rosmorport's icebreaker Mudyug starts providing icebreaking assistance in the Baltic Sea
17:36 Andrey Lavrishchev appointed as head of Federal Marine and River Transport Agency
17:13 Aleksandr Poshivay appointed as Deputy Minister of Transport of the Russian Federation
16:34 Rosmorport starts providing geodesic and hydrographic services in the water area of Petropavlovsk-Kamchatsky seaport
16:05 APM Terminals Gothenburg offers certified climate impact calculations to customers
15:49 Sredne-Nevsky Shipyard commences outfitting of yet another minesweeper of Project 12700, Pyotr Ilyichov
15:21 Norsepower installs first tiltable Rotor Sails on Sea-Cargo Ro-Ro
14:58 Container terminal in Świnoujście is in line with sustainable development vision
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14:07 Petersburg Oil Terminal in 2020 increased shipments of oil products by 16.6%
14:03 Jan De Nul adds two new vessels to its fleet
13:45 DHT Holdings announces acquisition of two VLCCs
13:29 Iridium partner MetOcean Telematics provides SaR buoys to the USCG
12:52 Havyard develops hydrogen zero-emission vessels in new segment
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11:30 Rosmorport successfully completed formation of Ultramar terminal’s water area
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11:05 Inmarsat passes 10,000-vessel fleet xpress installation milestone as data demand accelerates maritime digitalisation
10:39 Scottish Ports Group welcomes Scottish Goverment's establishment of 'Greenports'
10:21 Throughput of Kaliningrad port in 2020 fell by 6% Y-o-Y
10:02 MABUX: Bunker market this morning, Jan 22, 2021
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09:12 Baltic Dry Index as of January 21

2021 January 21

18:07 Port of Houston awarded new start for Ship Channel
17:50 Throughput of port Vyborg in 2020 fell by 46% Y-o-Y
17:27 Rolls-Royce secures research contract with US Navy to develop innovative debris detection technology
17:03 Galeon Yachts announce new outbourd model
16:42 Throughput of port Vysotsk in 2020 fell by 4% Y-o-Y
16:32 Jan De Nul Group is the first dredging company to carry out 100% sustainable beach replenishments in Belgium
16:23 Yaskawa Environmental Energy develops a permanent magnet propulsion system for superyachts
16:09 MABUX Bunker Weekly Outlook, as of Jan 21, 2021
16:00 Throughput of port Primorsk in 2020 fell by 19% Y-o-Y
15:36 Bunker market see mixed price movements in the Far East ports of Russia (graph)
15:13 Battle stations for boat-handling systems
14:58 Port of Ust-Luga throughput in 2020 declined by 1% Y-o-Y
14:43 MasterCraft Boat Company launches digital boat show experience to connect with consumers amidst dynamic boat show season
14:22 ABS grants AIP for DSME’s Solid Oxide Fuel Cell technology
14:05 20% global e-commerce growth fast tracks supply chain tech adoption from 5 year plans into 2021 action
13:43 Sovcomflot and Total sign time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier
13:21 TFG Marine to start bunkering operations from Falmouth in the United Kingdom
13:11 Ocean carriers battle the Covid cargo crunch
12:52 Throughput of Port St. Petersburg in 2020 remained flat, year-on-year
12:36 UECC opening doors to a sustainable future
12:08 Crowley awarded fuel distribution contract for Arctic North Warning System
12:03 FESCO transported first containers with grain from Khabarovsk to China
11:41 Wilhelmsen Ship Management becomes a member of the Sustainable Shipping Initiative
11:24 Russian Crab Company Group reports annual operational results for 2020
11:05 MABUX: Bunker market this morning, Jan 21, 2021
10:36 MSC earns maritime sustainability certificate
10:20 Maritime UK welcomes Associated British Ports to the Diversity in Maritime Charter programme
10:05 New container service connecting Port of Immingham with Bilbao
09:37 Crude oil prices decrease as US resources grow