• 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 February 27

14:23 All sectors of activity impacted at Lerwick Harbour in 2020
13:48 JAXPORT unveils new Strategic Master Plan during 2021 State of the Port address
13:07 PSA & CDAS partner up to launch SmartBooking
12:32 NOAA begins transition exclusively to electronic navigation charts
11:43 USCG announces formal investigation into Coastal Reign capsizing
10:56 False allegation of attack 17nm west of Okwori terminal

2021 February 26

18:14 CADMATIC issued a certificate to ASCO's SRI Caspian Sea Project
17:56 Fincantieri and OCCAR to sign the contract for the construction of 2 new-generation submarines
17:38 IBIA announces the result of 2021 board elections
17:16 LNG-powered short-sea vessel Containerships Borealis makes first call to the port of Rotterdam
16:53 Volga Shipping Company opens river navigation season in the South of Russia
16:31 Port of Melbourne awards rail infrastructure contracts
16:25 ABS publishes guidance on methanol as marine fuel
16:05 Port of Corpus Christi and Port of Rotterdam sign MoU
15:48 Container giant MSC to open new depot in North Sea Port
15:05 Rosmorport announces changing of Dickson seaport boundaries
14:43 Corvette Stoyky and tanker Kola of RF Navy's Baltic Fleet started anti-piracy watch in the Gulf of Aden
14:19 PortNews offers new edition of its Hydrotechnika magazine
13:30 New edition of PortNews magazine is available now
12:14 CMA CGM to dedicate six new LNG-powered vessels to U.S. services
11:42 CPC system to transport 67.5 mln tons of crude oil in 2021
11:18 MPA awards LNG bunker supplier licence to Total Marine Fuels Private Limited
11:04 Wärtsilä and Ocean Technologies Group partner to deliver transformational learning solutions to improve safety and efficiency at sea
10:45 MABUX: Bunker market this morning, Feb 26, 2021
10:39 Car carrier Orca Ace earns ClassNK's 1st remote survey notation
10:36 Port of Baku Director General held online meeting with members of American-Azerbaijani Chamber of Commerce
10:14 Port of Gdynia welcomes largest single delivery of wind turbine propeller blades in Polish history
09:51 Bunker prices continue rising at the Port of Saint-Petersburg, Russia (graph)
09:32 Oil prices decrease amid dollar rise
09:18 Baltic Dry Index as of February 26

2021 February 25

20:19 Bunker Weekly Outlook, Week 08, 2021
18:37 Port of Oakland boss appointed CAPA Vice President
18:07 Port of Los Angeles announces launch of new ‘Control Tower’ data tool for tracking cargo
17:53 Admiral Nevelskoy ferry leaves Saint-Petersburg for Sakhalin
17:49 BPA reports lowest passenger numbers in 60 years
17:42 Finnlines Plc issues its Financial Statements 2020 and Financial Review for 2020
17:34 Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%
17:31 ECSA: European shipping is central to the success of EU's new trade strategy
17:20 APM Terminals Algeciras reaches all employees with a safety campaign
16:58 Tallink Grupp reports net loss of EUR 108.3 million for pandemic year 2020
16:41 Terms of references for Klaipeda Seaport's Southern part development to be prepared by American specialists
16:19 BPO’s comprehensive ports report published today
16:15 Hiab to supply MV Commercial with 100 HIAB loader cranes
15:45 Rolls-Royce secures UK MOD funding for innovative technology to support naval autonomy
14:50 Consequences of COVID pandemic affect the Port of Hamburg’s 2020 throughput
14:25 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:13 Nevsky Shipyard delivers Pola Gali, yet another ship of Project RSD59
13:07 DNV GL joins smart maritime network to enhance industry cooperation on digitalization
12:10 ClassNK grants its first remote survey notation for PCC ORCA ACE
11:32 NOVATEK and Shenergy Group sign SPA for LNG from Arctic LNG 2
11:04 “K”Line commences technical management of Singapore’s first LNG bunkering vessel “FUELNG BELLINA”
10:33 Telemar wins 50-vessel service and maintenance contract with Fairplay Towage group
10:21 MABUX: Bunker market this morning, Feb 25, 2021
10:13 BC Ferries releases its third quarter results
09:59 CMA CGM implements FAK rates from the Mediterranean, Adriatic, North Africa & Black Sea to the Indian Subcontinent
09:50 BC Ferries' fifth battery hybrid-electric vessel launched
09:28 Oil market sees mixed price movements
09:12 Baltic Dry Index as of February 24

2021 February 24

18:06 Parkwind selects DEME Offshore for foundation EPCI contract at Arcadis Ost I
17:47 Ministry of Transport of Dagestan looks into organizing sea cruise tourism in Caspian Sea