• 2021 January 25 15:59

    Port of Ventspils increased handling of wood products

    In 2020, the amount of various wood products handled by the terminals of the port of Ventspils increased by 7%, reaching the best score of the past 10 years. The main handler of this group of cargoes in the port of Ventspils is "Ventplac" Ltd., a company which managed to maintain stable turnover of cargo comparing to year 2019.  

    The market of timber and various wood products in 2020 has been influenced by the situation, created by Covid-19 virus. For example, due to remote work and studies, as well as suspension of tourism and entertainment industries, consumption of paper has decreased globally, therefore also demand for the raw material for production of cellulose has lowered significantly.  The market of timber has been also significantly affected by the spread of bark beetles in Germany and Scandinavian countries. Despite these and some other disturbing conditions, in 2020 in the terminals of the port of Ventspils 728 thousand tons of wood products have been transhipped: timber, chips, wood pellets, scobs, bark. These cargoes are being transhipped in the terminals of joint-stock company "Ventspils tirdzniecības osta", "Noord Natie Ventspils Terminals" Ltd. and "Ventplac" Ltd.

    The biggest volume of these products has been transhipped in the dry cargo terminal between the bridge of Venta and the bridge Apvedtilts, rented by "Ventplac" Ltd. The manager of the port of Ventspils, Mr Andris Purmalis, awarded the Chairman of the Board of "Ventplac" Ltd. Mr Aivars Baude with the Letter of Gratitude for good results in the turnover of cargoes in 2020.

    In 2020, in the operating terminals of the port of Ventspils totally 12,9 million tons of cargo were transhipped, which is 37% less than the year before. The main reason for the decreased amount of cargo is the export of coal, which was almost suspended in year 2020 - the amount of transhipped coal decreased by 90% compared to year 2019, as Russia, the main country of origin of these cargoes, is almost fully transhipping it in their own ports, which was purposefully planned for many years. Due to economical crisis caused by Covid-19 and oil prices the demand for such energy resources as oil products has also fallen, while being one of the biggest cargo segments in the port of Ventspils. The volume of such cargoes in the port has decreased by 18%. At the same time, the volume of other cargoes is relatively stable and in several segments, such as timber and various agricultural products, it is even increasing.

2021 March 8

11:52 AMSA: National float-free EPIRB inspection campaign delivers great results so far
10:31 MABUX: Bunker market this morning, Mar 08, 2021

2021 March 7

16:14 Vard Marine announces change in Vice President of Ottawa operations
14:27 VOS Singapore delivers MWV Falgout to end client
13:41 USCG concludes monitoring diesel fuel clean-up near Sitka, Alaska
12:53 Seaspan acquires two 15,000 TEU containerships on long-term charters
11:36 Trelleborg acquires leading supplier of composite hoses
10:54 Vard Marine secures a new contract for the design of an amphibious and military sea transport for the Chilean Navy Escotillón IV Program

2021 March 6

18:20 Philly Shipyard begins fabrication on second NSMV
15:08 e5 Lab establishes Marindows Inc.
13:27 New wood-chip carrier for Hokuetsu Corporation delivered
12:31 Saipem and the Norwegian company, Elkem, sign a feasibility study agreement for the decarbonisation business
11:43 TDI-Brooks International, Inc. completes two EBS programs offshore Angola
10:59 Torqeedo and Poseidon announce new, commercial-grade electric drive for passenger ferries.

2021 March 5

18:27 Logimatic signs contract with Hapag-Lloyd for implementation of SERTICA on more than 70 of the largest container vessels
17:39 Ilya Muromets icebreaker to participate in expedition of RF Navy’s Northern Fleet and Russian Geographical Society
17:01 Association of Lithuanian Stevedoring Companies appoints new President
16:37 Keel laying ceremony for ‘Green Jade’ was held at CSBC’s shipyard in Kaohsiung, Taiwan
15:44 Throughput of Port Vysotsky LLC in 2M’2021 fell by 2.1% Y-o-Y
15:22 Throughput of Taganrog port in 2M’2021 climbed by 7% Y-o-Y
14:56 Throughput of port Kavkaz in 2M’2021 rose by 70% Y-o-Y
14:47 IAA PortNews' greetings on the International Women's Day!
14:33 Krasnoye Sormovo to invest RUB 250 million in technical upgrading this year
14:15 HHI Group launches “Hydrogen Project” with Saudi Aramco
13:11 Eco-bonus for sustainable transport to and from the Stockholm region via Ports of Stockholm
12:48 Oboronlogistics to take part in preparation of Strategy for Development of Russia’s Shipbuilding Industry
12:32 ICTSI 2020 net income up 1% to US$101.8mln
12:26 Global Ports Investments announces its operational results and publishes its consolidated financial statements for 2020
12:01 EGS extends rail link Rotterdam-Bavaria
11:31 DNV advises PGE Baltica on setup of a joint venture structure to develop, build and operate two offshore wind plants in the Baltic Sea
11:01 LR completes purchase of C-MAP Commercial from Navico Group
10:45 Shipping company and chief officer convicted for dumping garbage in Great Barrier Reef
10:44 MABUX: Bunker market this morning, Mar 5, 2021
10:40 RS contributes to improvement of STCW audits
10:18 Solstad Offshore announces contracts awards for two subsea construction vessels
10:07 Aker Solutions awarded Åsgard B modification contract
09:44 Bunker prices are stale at the Port of Saint-Petersburg, Russia (graph)
09:27 Oil market sees steady growth of prices
09:10 Baltic Dry Index as of March 4

2021 March 4

18:31 Royal Doeksen takes over Vuyk Engineering Rotterdam from Royal IHC
18:11 A.P. Moller- Maersk to pioneer a first-ever block train from Japan to UK via Trans-Siberian railway
18:03 Bunker Weekly Outlook, Week 09, 2021
17:59 Torqeedo and Poseidon announce new, commercial-grade electric drive for passenger ferries
17:18 Rosmorport obtains approval of Glavgosexpertiza for dredging under project on construction of LNG terminal in Kamchatka
16:44 Nefteflot lays down two survey ships of Project RDB66.62
15:15 Global shipping CO2 emissions decreased 1% in 2020 - Marine Benchmark
14:32 BW Group and Miros launch fuel-saving, emissions-reducing JV
14:05 Zvezda Shipyard lays down seventh Aframax tanker, Academic Ivanter
13:32 IAA PortNews to hold webinar dedicated to Yenisey as one of Siberian waterways on March 17
13:01 APM Terminals Valencia assembles three new Rubber Tyred Gantry cranes
12:03 Expeditionary Survey Boat Hydrograaf named at Damen Shipyards Den Helder
11:46 Roadmap approved for reduction of coal industry’s environmental impact
11:03 DNV supports Hapag-Lloyd’s milestone green financing
10:29 Gazpromneft-Lubricants solidifies the cooperation with FESCO
10:17 DuPont awarded grant from Singapore’s National Water Agency to increase sustainability of desalination for clean water
10:08 Tallink Grupp reports its statistics for February 2021
09:44 MABUX: Bunker market this morning, Mar 04, 2021
09:27 Oil prices continue rising
09:11 Baltic Dry Index as of March 3

2021 March 3

18:20 Star Bulk Carriers announces acquisition of two resale modern high specification Kamsarmax vessels