• 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.




2020 October 27

18:37 Bahri net profit up 114% in third quarter of 2020
18:07 Premuda and Columbia Shipmanagement form joint venture
17:52 Publication of first N2000 nautical charts postponed to 2021
17:45 Deep water berth extension at Port of Halifax fully operational
17:37 SC Ports welcomes two new ship-to-shore cranes
17:30 FSUE Rosmorport to take part in 4th “LNG Fleet, LNG Bunkering and Alternatives” conference
17:06 Costa Cruises completes first LNG bunkering operation in Italy
16:24 OOCL updates North Europe – Turkey service
15:33 New tanks for storage and processing of polluted water have been put into operation in the port of Riga
15:04 Norway's biggest ferry company orders two new ferries from Havyard LAB
14:10 Port of Gothenburg posts results for January-September 2020
14:06 Krasniye Barrikady launched non-self-propelled cargo pontoon of Project GPRN
13:21 Wärtsilä cargo handling system design selected for new Very Large Ethane Carrier vessels
12:52 Bunker prices are stable in the Far East ports of Russia (graph)
12:27 BlueWater Reporting issues Q3 2020 World Liner Supply Report
12:09 HEINEKEN pioneers with zero-emission shipping
11:58 COVAXX and Maersk enter partnership to supply COVID-19 vaccines globally
11:03 Sea Port of Saint-Petersburg continues automation of railcars weighing
10:38 RF Government to look into development of national project focused on IWW
10:09 CMA CGM announces PSS for cargo from India North West ports to Europe
09:45 MABUX: Bunker Market this morning, Oct 27
09:40 Strategy for Developing the Russian Arctic Zone and Ensuring National Security until 2035 approved
09:22 Oil prices are recovering
09:07 Baltic Dry Index as of October 27

2020 October 26

18:03 Shipping emissions talks stall in London
18:03 Port of Klaipeda to get funds for sustainable development and digitization of the port’ management
17:42 34.6 million tonnes loaded in the Port of Klaipeda in 9 months of this year
16:58 Innovative solutions of MAPEI are increasingly widespread in shipbuilding
16:34 Kalmar continues long-term collaboration with Patrick Terminals with new order for AutoStrads
16:10 Average spot market price for Russian M100 product rose to RUB 12,430 pmt
15:46 Royal IHC and Suez Canal Authority successfully launch CSD HUSSEIN TANTAWY
15:34 EPS secures 15-year TC from STL for four dual fuel VLECs
14:52 RF Prime Minister approves list of checkpoints that can be crossed by foreigners with e-visas
14:31 Ocean Network Express to launch new intra Asia service
14:03 Port of Helsinki passenger traffic down 53.9% to 4.1 million in Jan-Sept 2020
13:06 Passenger turnover in Russian ports plunged by 73.9% in 9M’2020
12:59 ICS welcomes legally binding agreement to significantly improve the carbon efficiency of shipping
12:37 Delo Group and Russian Railways signed Agreement on cooperation in organization of rail container transportation
11:59 Stena Bulk branded class for tanker personnel opened at Admiral Makarov SUMIS
11:58 The Ocean Cleanup introduces first product made with ocean plastic pollution
11:30 NIBULON ranks first among Ukrainian shipyards
10:31 EMA and Keppel jointly awarded a research grant to pilot Singapore’s first floating Energy Storage System
10:15 Admiralteiskie Verfi shipyard delivered diesel-electric submarine Volkhov to RF Navy
09:50 MABUX: Bunker Market this morning, Oct 26
09:26 Oil market starts week with decreasing prices
09:09 Baltic Dry Index as of October 23

2020 October 25

15:27 USCG: Oil spill cleanup of Delaware Bay coastline continues
14:53 Richmond Council to host first public meeting with Hammersmith Bridge Taskforce
14:38 Deep water berth extension at Port of Halifax fully operational
13:27 Gothenburg Port Authority's Elvir Dzanic named as a member of Electrification Commission
12:43 Maritime NZ welcomes report to MPI
12:18 Oil spill response equipment and vessel rates in Singapore
11:04 GPA holds first virtual State of the Port

2020 October 24

15:47 Ocean transport of the first lot of railway coach to Myanmar completed
14:51 OOCL announces services changes and enhancements on Asia-Europe trade
13:28 Port Authority launches new campaign against litter
12:41 Hapag-Lloyd announces Ocean Tariff rates on East Asia - NEC and Mediterranean trade
11:06 CSD Hussein Tantawy successfully launched at IHC's shipyard in The Netherlands

2020 October 23

18:09 Baltic Data Flows: New HELCOM project seeks to harmonize and harvest environmental data at a pan-Baltic level
17:47 ICS welcomes legally binding agreement to significantly improve carbon efficiency of shipping