Introduction of new technologies enhances competitiveness of Riga port companies in the segment of containerized cargo
- Published on Friday, 17 March 2017 12:44
According to the 2016 cargo turnover results the last year has been particularly successful for the port of Riga in the area of container transshipment. Last year, 385.9 thousand TEU of containers were transshipped via the port, which is an increase by 8.6% compared to the previous year. Due to economic sanctions’ impact there was a dramatic fall in turnover of containerized cargo in 2015 , nevertheless, despite the continuation of sanctions, last year container cargo turnover at Riga port has been able to grow and almost reached the 2014 level.
- Published on Tuesday, 14 March 2017 09:04
The Freeport of Riga Board has adopted a number of important decisions in relation to the further progress of the biggest infrastructure project in the history of the port - “The Krievu Sala Infrastructure Development for Relocation of the Port Operation from the City Center”, thus speeding up project objectives attainment and preventing any risk of financial corrections, initiated by the European Commission. The project Action plan has been updated as well as a long-term operation plan, besides, there is an agreement with the stevedores on building the necessary connecting infrastructure and coal dust detection wall on Krievu Island (Krievu Sala).
- Published on Friday, 24 February 2017 11:03
The Freeport of Riga Board has adopted a conceptual resolution with the aim to find a new Freeport of Riga CEO by organizing an open competition, stipulating basic criteria for selection of the candidates for the CEO position as well as evaluation principles. The Freeport of Riga Board took a decision to establish the Freeport CEO selection nomination commission by March 1, 2017. It is planned to create the said commission by involving representatives of four ministries (Ministry of Transport, Ministry of Economy, Ministry of Environment and Regional Development, Ministry of Finance), two local government representatives and a representative of the Freeport as well as to call on the government social partners (Employers’ Confederation of Latvia (LDDK), Latvian Chamber of Commerce and Industry (LTRK) and Free Trade Union Confederation of Latvia (LBAS). The Commission's management will be entrusted to the Ministry of Transport delegated representative.
- Published on Tuesday, 14 February 2017 09:55
Foto: A. Gronsky
In the first month of the current year the Port of Riga handled 3.20 million tons of various cargo and comparing this result to January of the previous year, when the total cargo turnover of the port was 3.27 million tons, it has remained virtually at the same level. Comparing port monthly turnover figures, it should be noted that January 2016 was one of the most successful months of the last year and, assessing the year in general, cargo turnover in January 2017 exceeded the last year's average monthly rate by 3.7%. These figures demonstrate a stable operation of the port and provide optimism expecting 2017 results. The positive factor is growing number of accommodated vessels at the beginning of the year. Compared to January of the last year the number of vessels’ calls has increased in January of the current year – it refers to such vessels as passenger ships, container ships, tankers and dry cargo carriers.
Detailed statistics on cargo turnover at the Freeport of Riga is available here.
- Published on Tuesday, 07 February 2017 16:01
According to the preliminary financial data in 2016 the Freeport of Riga revenues exceeded expenditures by 13 million EUR. The said amount is by 1 million EUR more than operational performance indicators of 2015. The FPRA’s excess of revenues over expenses is invested into maintenance of the Riga port infrastructure.
- Published on Thursday, 12 January 2017 11:01
In December 2016 a total of 3.7 million tons of cargo was handled at the port terminals and it's been the most successful month of the last year. Compared to November 2016 a monthly amount of handled cargo increased by 27.6%. The rapid growth of cargo turnover at the port might be attributed to the increasing volume of handled coal. Due to high coal price Russian coal exports via Riga port have again significantly increased. In December 1.6 million tons of coal were dispatched from Riga by sea, it was the largest single month coal throughput volume over the port's history.
In 2016 the port of Riga handled 37.1 million tons of various cargo. However, it is by about 3 million tons, or 7.5% less than in 2015, but in general the last year was the third best year in the history of the port. According to the cargo turnover the year of 2016 has been outperformed solely by the years of 2014 and 2015, when a record amount of energy cargo was transported via the port. The decrease of coal and oil product transit flows most significantly affected the overall turnover figures in 2016, because the said cargo still accounts for more than half of the cargo handled at the port. At the same time there are positive facts - the rest of the total volume of cargo increased by 4.6%, thus gradually diversifying and balancing the different types of cargo transshipment via the port of Riga, as well as reducing dependence on Russian transit cargoes.
Detailed statistics on cargo turnover at the Freeport of Riga is here.
- Published on Thursday, 01 December 2016 16:09
From November 30 to December 2 the Freeport of Riga Authority (FPRA) participated in the transport and logistics exhibition “Transport Week 2016” in Moscow. The exhibition is one of the main events of the annual Russian Transport Week and this year it is held for the 10th time. The main initiator and organizer of the Transport Week events is the Russian Ministry of Transport, and the aim of the Transport Week is to promote discussion on topical issues of the industry, as well as to enhance understanding between the government and business community representatives. The transport exhibition is annually visited by around 7500 guests, but the total number of Russian Transport Week visitors reaches 9500. For the third year Latvia is being represented at the joint stand by three major Latvian ports and the JSC “Latvian Railway”. Latvian representatives are the only foreign delegation that is invited to participate in the exhibition “Transport Week 2016” with its own stand.
- Published on Tuesday, 13 December 2016 16:58
Tomorrow, on December 13, a ferry “Romantika” will resume its voyages from the port of Riga to Stockholm. This is the second ferry of the company “Tallink” on the route Riga - Stockholm, and the line will once again provide daily ferry traffic. Regular ferry voyages are very important for Riga port – they will ensure an increase in both passenger and cargo transshipment.
- Published on Wednesday, 23 November 2016 17:56
Foto: V. Koziols
The Freeport of Riga company “Rīga Universal Terminal” (RUT) has entered into an agreement with hydro-technical construction company JSC “BMGS” on reconstruction of two berths on the terminal territory. The Freeport of Riga Authority has transferred berths ZO-1 and ZO-2 to RUT for a long-term lease and early this year the Freeport of Riga Board has supported the company's plan to launch reconstruction project. Currently berths’ reconstruction project has been approved by the Riga City Construction Board, it received all necessary approvals and construction work was started. The agreement with the JSC “BMGS” provides for two berths’ extension, dredging of the water area and storm water sewer system outlet construction.
More than one million tons of coal has been handled at the Freeport of Riga for the third month in a row
- Published on Friday, 09 December 2016 16:32
Foto: A. Kozlovskis
33.3 million tons of cargo were handled at Riga port during 11 months of the current year. This is by 8.6% less than within the corresponding period of 2015, while total cargo turnover decrease compared to last year continues to decline. November has been successful for the port of Riga in coal segment - 1.1 million tons of coal cargo were handled. For the third consecutive month more than one million tons of coal has been handled at the Freeport of Riga. The main reason for the increase in coal cargo is a significant increase in coal prices in the European markets and increased transit of Russian coal via the port of Riga. The month of November has been successful for the port of Riga in timber handling, especially wood pellets and logs. Total timber (logs, sawn timber, wood chips, wood pellets and other wood materials) handling volume in November increased by 35% compared to the previous month. Within 11 months the total amount of 3.7 million tons of various timber cargo have been handled at the port. Detailed statistics on cargo turnover at the Freeport of Riga here.
Participation in “TransUzbekistan 2016” provides an opportunity to assess the vast potential for cooperation with Uzbekistan
- Published on Monday, 21 November 2016 18:00
On November 16 - 18 the most important transport and logistics industry event - the exhibition “TransUzbekistan 2016” took place in Tashkent, Uzbekistan. The port of Riga was represented by the Freeport of Riga Authority (FPRA) as well as by the port companies - “Riga Universal Terminal” Ltd. and “TFS Trans”Ltd. In the framework of the exhibition the interested parties were informed about the Riga port cargo transit and investment, and Latvian transit corridor offer was presented at the Latvian national stand together with Ventspils, Liepaja and Mersrags port authorities, SJSC “Latvijas dzelzceļš” and Latvian logistics companies.
The Canadian province of Alberta government is looking for cooperation opportunities in oil and gas product export to Europe
- Published on Wednesday, 07 December 2016 17:15
Last week the Canadian province of Alberta government spokesman Mr.Mario KRPAN visited the Port of Riga and met with representatives of the Freeport of Riga Authority (FPRA). The purpose of the visit was to get acquainted with Riga port infrastructure and cooperation options in regards of oil products, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) transportation and storage. M. Krpan is visiting the Baltic and Eastern European countries to explore oil, oil product, LNG and LPG markets in these regions and co-operation options for possible supply of these products to Europe from the province of Alberta in Canada.
- Published on Tuesday, 15 November 2016 17:09
Foto: A. Kozlovskis
Last week the Freeport of Riga Sea Channel Service representatives took part in the annual IFHS Hydrographic Conference and Exhibition “HYDRO 2016” in Rostock-Warnemünde. The Freeport of Riga Authority is the member of the International Federation of Hydrographic Societies (IFHS) and regularly participates in HYDRO conferences with the aim to become familiar with the topical issues in the field of hydrography and to ensure the Riga port hydrographic measurements’ compliance with the highest international standards. International conference and hydrographic equipment exhibition in Rostock was attended by over 300 participants from 35 countries, representing all hydrography related areas - ports, national maritime administrations from various countries, hydrographic equipment manufacturers, underwater mining industry and research organizations.
- Published on Wednesday, 07 December 2016 16:09
Foto: J. Saliņš
According to the Regulations of the Cabinet of Ministers winter navigation in all Latvian ports begins on the 15th of December and ends on the 15th of April. The decision on ice navigation opening at the Port of Riga and the Gulf of Riga, as well as on the necessity to employ icebreakers is adopted by the Harbour Master of the Riga port, on the basis of operational situation at the port and the bay. According to the Freeport Harbour Master Arturs Brokovskis - Vaivods, sea trial of the SIA “Rīgas brīvostas flote” icebreakers "Varma" and "Foros", operating at the Port of Riga, took place last week. On the basis of the at-sea test results, as well as on information from the Freeport office, the Harbour Master is confident that the Riga Port is fully prepared for winter and ice navigation.
- Published on Wednesday, 09 November 2016 10:25
October was the most successful month of the year in regards of cargo turnover at the port of Riga, as well as the most successful October in the port's history. The monthly cargo turnover at the port reached 3.54 million tons, and compared with September it increased by 18%. By contrast, monthly indicators of the last year's October have been exceeded by 7%. The largest contribution to the growth of cargo turnover in October has been provided by a record high volume of coal handled at the port of Riga. Monthly amount of handled coal has reached 1.5 million tons, which is the largest monthly volume of handled coal in the port of Riga history. Coal cargo turnover has increased significantly at all Riga port coal terminals. In October 2016 the largest monthly volume of handled container cargo - 415.5 thousand tons - was registered, which is the highest monthly figure in the history of the Riga port. Total amount of cargo, transshipped at the port during ten months, has reached 30.4 million tons of different cargo types. Due to excellent October, the overall decline in cargo turnover in comparison with the corresponding period of the last year decreased by 8.8%. Detailed statistics on goods turnover at the Freeport of Riga is available here.
- In the framework of the Summit 16 + 1 the Freeport of Riga Authority welcomes Chinese business delegations
- Successful participation of the Freeport of Riga Authority and port companies in China International Logistics and Transportation Fair (CILF)
- In the framework of NATO Transport Group meeting the FPRA shares its NATO cargo transportation experience
- September - one of the most successful months for the port of Riga