• 2019 March 22 09:23

    Manufacturing at the Port of Riga beneficial for both businesses and the Port

    The Port of Riga future vision outlined in the Freeport of Riga Development Programme for 2019-2028 foresees transformation of the Port into a smart logistics centre with high added value services and production facilities, the port says in a press release. Development of manufacturing at the Port is a way to create jobs, generate income and ensure stable cargo turnover in the long term perspective. Numerous successful, rapidly growing companies that implement high-quality impressive production projects at the Port which serve their customers all over the world, prove that the Port of Riga is an attractive location for launching new production facilities already at this moment. Operation of these companies at the Port is equally beneficial for the companies and the Port.

    “Madesta” in its production facility at the Port of Riga manufactures large metal structures for oil, gas and various bulk material storage tanks. The company launched business in 2000 in Crimea, Ukraine. After the events of 2014 in Ukraine and following sanctions the company moved all its operations to Latvia. Currently “Madesta” is one of the largest tank manufacturers in Europe with 25 thousand tonnes of products manufactured last year.

    “Today we participate in all major tank construction projects in Europe”, “Madesta” Chairman of the Board Sergii Ganzelynskyi tells the story of the company’s growth. Since 2017, various large scale liquefied natural gas terminal construction projects are under implementation in Europe. They are financed by the US energy giant ExxonMobil to supply shale gas from the USA. “Madesta” supplied steelwork for the construction of the Antwerp terminal and is currently manufacturing structures for terminal construction in Rotterdam. “I am proud that Latvia enables construction of the largest terminals in Europe and in the world!” added Sergii Ganzelynskyi.

    Manufacturing of steelwork for storage of hazardous substances is a complex and knowledge-intensive process. Moreover, the quality requirements for the sheets are that strict that each of them is tested with ultrasound before loading to make sure everything is right. Sergii Ganzelynskyi: ‘We have proven to our customers that we can ensure perfect quality and meet all deadlines at competitive prices. We have a number of advantages, including our location at the Port and ability to provide skilled staff for terminal installation.”

    The leader of “Madesta” sees great development opportunities for manufacturing development at the Port of Riga: “The Port is important for the company’s operations and boosting its competitive advantage. Both the supply of raw materials and delivery of ready-made goods to the customers is executed by sea. In addition, our location in the Port allows us to offer our customers a special service, i.e. large-scale structures are assembled in Riga on the Port’s pier. Together with the Port terminal Extron Baltic we have developed solutions to load assembled large-scale structures on ships and deliver them to our customers thus reducing assembling time ans costs. So far, we are the only company to offer such service and that allows us edging ahead of our competitors.”




2019 July 19

18:10 NYK holds fleet safety promotion conferences for shipowners and ship-management companies
18:04 Incat Tasmania exports new 111 metre ferry to Spain
17:49 World's largest air-cushioned landing craft takes part in Navy Day parade rehearsal in Baltiysk
17:25 Caspian Flotilla ship crews prepare for Naval Parade
17:03 FortisBC secures first export contract for Tilbury LNG facility
16:22 Project documentation for construction of Nizhny Novgorod hydroengineering facility completed - Victor Vovk
16:03 CMA CGM announces GRR from Asia to East and South Africa
15:50 East Mining Company to invest RUB 11.5 billion in development of its coal project in Sakhalin
15:33 Moby names Damen ASD Tug 2813 Vincenzino O. in Cagliari
15:12 Cargotec posts financial report for January–June 2019
14:47 Blagoveshchensk shipyard completed state trials of hydrographic survey vessel of Project 19910
14:33 NYK recognized for implementation of advanced navigation support tool
14:12 Global Ship Lease announces new charter agreement
13:51 150 graduates of Moscow State Water Transport Academy awarded with diplomas
13:30 RF Government includes NOVATEK’s LNG terminal project into area planning scheme
13:12 Port of Long Beach releases draft Master Plan update
13:07 Epic Gas Ltd. completes acquisition of two vessels of four LPG carriers
12:24 USCG finds federal fisheries violations aboard 5 recreational fishing vessels
12:11 IMO Council condemns tanker attacks in Strait of Hormuz and Sea of Oman
11:31 Naval Group reports order intake growth in H1 to 3.9bn euro
11:14 Ice-breaking LNG carrier for Yamal LNG Project named NIKOLAY URVANTSEV
10:58 Minister of Transport of Malaysia visits World Maritime University
10:26 Saudi Arabia accedes to two important IMO treaties
09:55 Bunker prices are slightly down at the port of Saint-Petersburg, Russia (graph)
09:50 MABUX: Bunker market this morning, July 19
09:33 Brent Crude futures price is up 1.91% to $63.11, Light Sweet Crude – up 1.48% to $56.12
09:16 Baltic Dry Index is up to 2,130 points

2019 July 18

18:05 Future expectations for MPS Terminal 3 in the port in Tema outlined with Government delegation
17:24 PGNiG acquires interest in another gas field in the North Sea
17:18 DNV GL supports 2020 sulphur compliance with online Ship Implementation Plan
17:05 OOCL announces new Middle East / Indian Subcontinent – North Europe Service
16:35 Consortium including DEME and Jan De Nul explores pioneering high-wave offshore solar technology
16:07 Large maritime market players join hands to create high-wave offshore solar panels
15:52 State Duma makes it easier for foreign tourists to visit Russia’s Arctic
15:35 Incat Tasmania delivers new 111-metre ferry to Spain operator Naviera Armas
15:18 Hapag-Lloyd launches South-East India – Europe Express Service // IEX to start operations in October 2019
15:01 Operation ATALANTA welcomes ESPS CANARIAS
14:26 Bunker prices are slightly down at the Far East ports of Russia (graph)
14:00 Diana Shipping announces time charter contract for m/v Selina with Ausca
13:44 PortNews Media Group's anniversary celebration photo release
13:22 Aleksey Khaidukov as President of Novoship
13:00 Global Ports Holding invites proposals for Duty Free and Travel Retail operations at Malaga, Zadar, Cagliari and Catania cruise ports
12:47 East Mining Company eyes arranging offshore transshipment of coal in Kamchatka under Tata project
12:09 Wärtsilä posts financial results for January-June 2019
11:53 Construction of LNG-powered icebreakers to be financed by NOVATEK – Vyacheslav Ruksha
11:31 RF Deputy PM Maksim Akimov set a task to begin dredging in the Gulf of Ob not later than on 1 August 2019
11:09 Port of Muuga strengthened with new ferry connection to Finland
10:48 Primorsky MRC terminal to offer fully closed transshipment of loose cargo
10:30 MAN Energy Solutions gets subsea compression FEED order from Chevron
10:09 Port of Lowestoft names new state-of-the-art pilot boat
09:56 MABUX: Bunker market this morning, July 18
09:50 APM Terminals Callao launches Peru’s first digital customer platform
09:34 Brent Crude futures price is up 0.17% to $63.77, Light Sweet Crude – up 0.02% to $56.79
09:16 Baltic Dry Index is up to 2,064 points

2019 July 17

18:13 USCG responds to boat collision, assists 4 injured
17:55 LNG vessels to protect environment and increase container turnover at the Port of Riga
17:32 YAMAL LNG obtains certification for the new ISO 45001:2018 and confirms compliance with ISO 14001:2015
17:03 Qatargas delivers 3000th LNG cargo to Japan
16:48 Maslovoz-2 tanker left floating dock of Novorossiysk Ship Repair Yard
16:21 Krasnoye Sormovo delivers the Aleksandr Zuyev, dry cargo carrier of Project RSD59, to STLC