• 2020 July 7 15:56

    New ferry line Baltic Link launched at the port of Riga

    On Monday, July 6, the ferry MIDAS of the new cargo transshipment line Baltic Link arrived for the first time at the port of Riga, namely at the ferry berth of SIA “Man-Tess Tranzīts”. According to the port’s press release, this voyage is the start of regular cargo vehicle (Ro-ro) transportation between Riga and the port of Oxelosund in Sweden. From now on, the ferry will make three trips from Riga every week - on Tuesdays, Thursdays and Sundays. The operator of the Baltic Link line is the Swedish shipping company Wagenborg Shipping Sweden AB, which is expanding its Ro-ro ferry line network in the Baltic Sea with the new Baltic Link line.

    "Taking into account the peculiarities of competition in the field of ferry transportation as well as the location of the Port of Riga, the entry of another cargo ferry line into the port is very positive," said Mr. Viesturs Zeps, Chairman of the Board of the Freeport of Riga. “Latvian freight carriers can benefit from another competitive logistics route to the Nordic countries, while the range of services provided at the Port of Riga is expanding. It might be an excellent opportunity to attract new customers to the port of Riga and increase the volume of handled cargo. Thus, we are taking another step approaching the objective of the Port of Riga development - to become a modern and efficient logistics center, serving both the Baltic and Nordic countries,” added V. Zeps.

    The port of Riga is a multifunctional port with a modern infrastructure, providing for various cargo handling as well as for accommodation of various types of vessels, including Ro-ro ferries. The port of Riga is located in the Gulf of Riga, which makes freight ferry transportation to European ports less competitive in terms of distance and cost, compared to ports located on the shores of the Baltic Sea. Nevertheless, this type of transportation is developing at the port of Riga, and Ro-ro cargo volumes are increasing. Until now, regular Ro-ro transportation from the port of Riga has been provided by Tallink line ferries, which carry both passengers and cargo.

    The cargo ship MIDAS (length: 108.5 meters, beam: 17 meters) with a carrying capacity of 5873 GT sails under the Finnish flag. The line operator, Wagenborg Shipping Sweden AB, points out that as the volume of the transported cargo increases, the ferry MIDAS can be replaced by a larger, demand-compliant ferry.




2020 August 13

08:26 ME-GI engine sails through sea trials

2020 August 12

18:57 Risavika LNG index for September up by 8.9 % week on week
18:27 Andreas Rieckhof new Chairman of Hamburg Messe und Congress GmbH Supervisory Board
18:08 At the three Hamburg container terminals throughput volume down 12.0 % in H1 2020
18:07 Sri Lanka Ports Authority assures safe handling of dangerous cargo under UN regulations
17:47 Rosmorport’s Azov-Black Sea branch adds TSHD Sommers to its fleet
17:43 Boluda Towage Europe takes on two new tugs from Damen Shipyards Group
16:49 Investors set to inject in excess of RUB 19 bn in federal port infrastructure facilities development
15:44 MoD eyes placing more orders for the Steregushchiy class corvettes with Amur Shipyard
15:17 Joint R&D Starts for Use of Ammonia in Marine Transportation to Reduce GHG Emissions
14:47 CMA CGM announces PSS from Asia to North Europe
14:21 MST wins contract for building 19m high-speed patrol craft duo for the Royal Navy
14:03 MOL issues an update on the Capesize bulker "Wakashio" aground off Mauritius
13:20 Port of Kiel constructs the new port apron
12:01 THE Alliance announces COVID-19 response measures for September 2020
11:57 Northern Sea Shipping acquires the MV Siyaniye Severa
10:36 LNG vessel completes 10,000th Neopanamax transit at the Panama Canal
10:02 Crude futures prices continue upward trend
09:32 Baltic Dry Index as of Aug 11
09:00 MABUX: Bunker market this morning, Aug 12

2020 August 11

18:07 Saigon Newport chooses Kalmar Essential Terminal Tractor for Cat Lai Terminal
17:43 Global Industry Alliance developes Just In Time Arrival Guide
17:36 Maersk Tankers hires Eva Birgitte Bisgaard as its new Chief Commercial Officer
17:00 CMA CGM announces PSS from Asia to North Europe
16:35 NORDEN adds 2 vessels to the existing newbuilding contract with NACKS
16:22 Murmansk Sea Fishing Port’s handled volumes in Jan-Jul dropped 12.7%
15:34 PETRONAS Research joins FASTsubsea’s subsea pump development
15:18 SCF Group's Igor Tonkovidov: Shipowners’ ability to compete with each other will be increasingly determined by their readiness to adopt advanced technologies
14:03 Houlder wins contract for Isle of Man Steam Packet Company’s new purpose-built vessel
13:39 IMO assists in MV Wakashio oil spill response
13:11 Cameron LNG Train 3 begins commercial operation
12:56 Seven-month crude exports via CPC Marine Terminal fell 1.4%
12:29 Port of St. Peterburg Captain releases new allowable drafts in Greater Port St.Petersburg basin
12:05 The Standard Club issues Guidelines for the use of electronic record books (ERBs) under MARPOL
11:08 Port of Ust-Luga based Multipurpose Reloading Complex steps up its efforts to protect the environment
11:04 Transhipment in North Sea Canal ports down by more than 10 percent due to coronavirus crisis
10:31 CSP Abu Dhabi Terminal launches new direct services to Europe and Indian Subcontinent
10:15 MABUX: Bunker market this morning, Aug 11
09:54 Crude futures prices extend upward trend
09:33 Baltic Dry Index as of Aug 10
09:08 Average spot market price for Russian M100 product soars to 11,582 rub/mt

2020 August 10

17:20 HMM joins forces with CMA CGM on TTI Algeciras operation
17:19 Commercial Port of Vladivostok's seven-month container volumes rose 8.1%
17:12 APM Terminals to acquire ALC´s container terminal in Aarhus
17:06 IMO sets remote meeting plan for September-December 2020
16:57 Capesize bulker “Wakashio” aground off Mauritius
16:47 Freight traffic at Russian seaports in Jan-Jul fell 2.1%
15:58 Seven-month coal throughput at Port Vysotsky falls 7.5%
14:27 Vostochnaya Verf launches Grachonok-class anti-saboteur boat (Project 21980) for Pacific Fleet
13:28 ONEGO Shipyard launches a self-propelled hopper barge "Morskaya"
13:22 IMO report on GHG finds a decoupling between trade and emissions in shipping
12:20 Anders Opedal taking over as president and CEO of Equinor from 2 November 2020
10:21 Diana Shipping announces time charter contract for m/v Melia with Ausca
10:17 Containerships and APM Terminals Gijon form eco-friendly intermodal solution connecting Spain, UK and Ireland
09:31 Crude futures prices take upward trend
09:06 Baltic Dry Index as of Aug 7
08:58 MABUX: Bunker market this morning, Aug10

2020 August 9

16:21 MPA launches six next-generation patrol craft to grow its frontline capabilities
15:35 Fincantieri Bay Shipbuilding prepares for Navy frigate work
14:03 NCLH reports Q2, 2020 financial results