• Home
  • News
  • Freeport of Riga throughput up by 7.5% to 2.97 million tons in July 2016
  • 2016 August 16 12:48

    Freeport of Riga throughput up by 7.5% to 2.97 million tons in July 2016

    July was a particularly successful month for passenger transportation segment - especially in regards of servicing cruise ships. 21 cruise ships called the Port of Riga in July, bringing to Riga 27.9 thousand passengers - it is the largest number of cruise tourists per month over the last ten years, the company said in its press release. Thus the total number of cruise passengers this year reached 43.4 thousand, and it is by 7.6%, or by 3,100 more passengers than during the last year's reporting period.

    The Freeport of Riga Board Chairman Mr. Andris Ameriks says: “Every cruise ship’s call at the port of Riga is welcome not only as beneficial for the port, but also as a contribution to the city of Riga. Cruise passengers have money, and going ashore they not only visit tourist attractions, but are also shopping and having meals in restaurants and cafes of Riga.” Performance of Tallink ferry line is quite successful – during the reporting period it carried 289.6 thousand passengers, i.e. by 7.4% ​​or by 19.9 ​​ thousands of passengers more.

    Compared to June 2016 in July 2016 the Freeport of Riga handled by 7.5% more cargo, and the handled amount reached 2.97 million tons of various cargos. In general, during the first seven months of the current year 21.23 million tons of cargo were handled at the port, which is by 10.5% or 2.48 million tons less compared to the 2015 reporting period. The turnover negative indicators can still be related to coal and oil product transit flow decrease - a drop by 18.3% or 2.78 million tons was experienced during seven months. By contrast, the rest of the cargo turnover compared to the last year's reporting period increased by 3.6%.

    During 7 months of 2016 the port handled 12.2 million tons of dry bulk cargo, which, compared to the 2015 reporting period, is by 8.8%, or 1.2 million tons less. Coal traditionally accounts for more than half of the bulk cargo volume, so its turnover decrease significantly affects the overall performance indicators. Although in July after a two-month break more than 1 million tons of coal were handled again, the total coal turnover during the reporting period decreased by 19.3%, or by 7 million tons. At the same time the amount of chemical cargo increased in dry bulk segment - 1.7 million tons have been already handled this year, which is by 8% more than during the last year's first seven months. As for the total dry bulk segment, increasing fertilizer transshipment volume slightly compensates for coal decline. Volume growth is registered in the wood pellets (+ 14.1%), cereal products (+ 54.7%), ore (+ 96.5%), as well as in various metal goods (+3.4 times).

    During 7 months of 2016, the port handled 3.6 million tons of general cargo, which is by 4.2% or 156.8 thousand tons less than within the last year's corresponding period. The port processed 2.2 million tons of containerized cargo, maintaining, in fact, the 2015 level (-0.4%), while the number of container units, handled during the reporting period, increased by 3.1% or 215.5 thousand units. As for general cargo segment - the positive dynamics of indicators has been maintained in regards of Ro-ro cargo (+ 4.7%), while the volumes of timber cargo (-6.4%) and metal goods (-32.9%) continue to fall.

    Due to oil prices drop and the overproduction of oil at the world's consumer markets oil products flows, transshipped via the port of Riga, continue to decrease. 617.5 thousand tons of oil products were handled in July, which is the smallest amount per month over the past two years. The port stevedore companies predict that in August the volume of handled oil products will continue to shrink. Thus, the total liquid cargo turnover during seven months of 2016 compared to seven months of 2015, decreased by 1.1 million tons or 17.3%. Overall, 5.4 million tons of liquid cargo was handled this year. The 7 months’ volume of oil product transshipment dropped at all three largest stevedoring companies, operating at the Freeport of Riga.

2021 November 29

18:19 Gazprom posts RUB 1.59 trillion of operating profit in 9M’2021
17:58 Wärtsilä partners with China Classification Society and Tianjin Port Group
17:17 Construction of ice protection facilities at Utrenny terminal under Arctic LNG 2 project to be completed in 2022
16:54 Wallenius Wilhelmsen names new CEO
16:50 Lloyd’s Register is the world’s first Renewable Energy Certification Body for marine energy
16:19 Handling of socially important cargo to be obligatory prioritized by operators of sea terminals
15:41 Average spot market price for Russian M100 product rose to RUB 26,672 pmt
15:22 13 million cbm of material to be dredged in 2022 as part of Sabetta seaport’s Seaway Canal reconstruction
14:46 Oboronlogistics delivered cargo to Abkhazia
14:13 X-Press Feeders signs for sixteen new 1,170 TEU vessels
13:34 Alexeev’s Hydrofoil Design Bureau launches yet another Valdai 45R hydrofoil for Chuvashia
13:05 COSCO SHIPPING Ports and CSTD sign JV agreement with Tianjin Port Holdings and China Merchants International Terminals
12:57 DNV publishes pioneering new competence standard and recommended practice
12:47 Baltic Workboats AS developed new standard in commissioning of vessels together with Siemens Energy
12:24 MABUX: Bunker prices may sharply decline on Nov 29
12:08 Small missile ship Veliky Ustyug enters Caspian Sea to perform training and combat missions
11:45 Russian Maritime Register of Shipping issues digest of main changes in RS Rules
11:26 UECC takes delivery of the world’s first dual-fuel LNG battery hybrid PCTC
11:00 Yana Voytsekhovskaya appointed as Editor-in-Chief of IAA PortNews
09:56 Crude oil market sees upward price correction
09:19 Baltic Dry Index as of November 26

2021 November 28

15:17 PGS awarded 4D contract in the North Sea
14:08 Cruises return to the Port of New Orleans with 285 ship calls estimated for 2022
13:54 Kalmar to deliver significant order of Straddle Carriers to MPET and PSA in Antwerp
12:41 Skipper ordered to pay reparation of $10,400 after collision with kayaker on the Whanganui River, NZ
12:17 Port of San Diego extends public review period for Draft EIR for PMPU
11:57 HAROPA PORT elected “Best Green Seaport 2021”
11:33 Contract award for MPSV Siem Dorado
10:48 Port of Dunkerque announces new appointments to its Executive Board

2021 November 27

14:38 Liquid Wind secures SEK 151 million for production of fossil free fuel
13:21 TECO 2030 receives NOK 50 million in government support for fuel cell development
11:09 Inmarsat offers future-proof remote control connectivity for latest sea-kit uncrewed surface vessel trials
10:54 J.P. Morgan and Havfram AS announce a series of next generation wind turbine installation vessels

2021 November 26

18:17 TECO 2030 is leading a project group that will build a hydrogen-powered high-speed vessel for the Port of Narvik
18:00 TransContainer’s IFRS-based net profit in 9M'2021 increased by 51% to RUB 14.8 bln
17:35 Royal Niestern Sander signs contract for walk to work vessel conversion
17:26 PortNews offers final edition of its magazine for 2021
17:15 Konecranes and Cargotec note CMA’s announced Provisional Findings regarding the planned merger of Konecranes and Cargotec
17:03 IMO appoints Special Advisor on Maritime Security
16:55 Nord Stream 2 delay weighs on gas prices - Gasum
16:40 Nevsky Shipyard lays down two research vessels of Project 17050
16:25 BIMCO calls for continued naval support in Gulf of Guinea after piracy incident
16:05 Alfa Laval and Orcan Energy sign a cooperation agreement for the marine market
15:43 Wärtsilä launches power limitation solutions for EEXI compliance
15:25 Hiab launches HIAB iQ.1188 HiPro loader crane with new control system
14:47 RF Government approves Transport Strategy of Russia until 2030 with forecast until 2035
13:59 Sredne-Nevsky Shipyard launches Anatoly Shlemov minesweeper of Project 12700
13:11 The Port of València hosts a rescue drill for a crane operator
12:10 GTT obtains tank design order for three new LNG Carriers from Hyundai Heavy Industries and Hyundai Samho Heavy Industries
11:54 Phase 2 of Bagayevsky hydrosystem construction begins
11:52 Ardmore moderates COP26 ‘ShipZero’ panels, discussing the realities of zero emission ships
11:17 ClassNK signs MOU on cybersecurity with Panama Maritime Authority (PMA)
10:51 MSC starts new In-Transit Cargo service
10:32 MABUX: Global bunker market to keep slight irregular fluctuations with no firm trend on Nov 26
10:22 Oboronlogistics' Ambal ferry obtaines certificate on safety management from RS
09:48 MPA and maritime partners maintain cybersecurity readiness through inaugural exercise
09:33 Baltic Dry Index as of November 25
09:17 Oil prices decrease on concerns over reduction of demand

2021 November 25

18:06 Rolls-Royce and Zhenjiang Shipyard to jointly promote tugs and workboats with mtu engines in China
17:44 Delo Group presented own Digitalization Strategy