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  • 2022 January 13 13:52

    Freeport of Ventspils summarized results of 2021

    The Freeport of Ventspils says the last year was saturated with responsible challenges and ordeals, but also with unforgettably positive moments. The next year – number 759, if we count from the moment, when the Port of Ventspils was first mentioned in scriptures – promises to bring no lower responsibilities. But now, let us look back at the brightest moments of 2021. 

    At the beginning of the year, the influential ferry-boat operator Stena Line and the Noord Natie Ventspils Terminals (NNVT) operating at the Freeport of Ventspils signed a contract for 20 years agreeing on regular ferry-boat traffic from the Freeport of Ventspils. As a symbol of the great development plans most visible to the people of Ventspils, this year, the 222 metres long ferry-boat Stena Scandica, with 30% greater capacity compared to the previous ones, started running from Ventspils. Furthermore, in September, Stena Line announced attachment of two brand new ferryboats to the line of Ventspils as of 2022. These new E-Flexer type ferry-boats will be 240 metres long, equipped with 263 compartments, 1,200 passenger seats, 3,600 lane meters for cargo units, which will allow 25% increase in cargo capacity and 33% increase in passenger saloon. Volume of Ro-Ro or volume or cargoes transported by ferryboats has been forming a significant part of the total cargo volume handled by the Port of Ventspils for several years. However, stable ferryboat traffic plays more crucial role in attraction of new investors, since quickly and conveniently reachable region of Scandinavia for exports is a significant advantage of Ventspils. 

    At the beginning of the year, at the factory previously built at Ventspils High Technology Park on the order the Freeport of Ventspils, operation was expanded by one of the leading Baltic high technology companies “HansaMatrix”, which has chosen the Freeport of Ventspils as one of its main bases of development since 2007. 

    Whereas, in September, at Ganību Street 103, the new polycarbonate sheet and accessory production unit ULTRAPLAST EU was solemnly opened.  The company has extensive development plans with the implementation of several stages of development scheduled for the nearest future. Plans include modern manufacture of high technology sheet plastic with the total annual capacity of 10 thousand tons of ready products employing 60 employees.

    The Freeport of Ventspils Authority has built already 11 industrial buildings, thus investing in the industrial development of the city more than 50 million euro.  

    This year, the major construction works at the Freeport of Ventspils were completed – renovation the largest port hydro-structure, Northern Pier, was completed, with the costs exceeding 12 million euros. Thus, one may actually say that the long-awaited renovation of the Ventspils “Sea Gates” has been completed. Renovation works of the Ventspils Southern Pier worth 2.4 million euro were performed in 2018, but renovation of the Northern Pier was commenced in 2019.

    The Northern Pier is one of the most strategically significant port hydro-structures. The pier is a structure one and a half kilometre long stretching from the coast into the sea and protecting the port from waves, ice and sand drifts. Unlike the Southern Pier, the Northern Pier additionally performs also industrial functions, since important communications used for loading the vessels have been arranged therein.

    The year of 2021 was full of challenges for the terminals operating at the Freeport of Ventspils. Competition for cargoes is very fierce among the stevedores at the Baltic ports, furthermore, volumes of transit cargoes are heavily affected by geopolitical conditions. However, this year has shown several interesting tendencies. First – while the volume of transit cargoes transported via Latvia decreases, importance of local cargoes grows, and both the freeport authority and terminals are ready for a flexible adjustment to the market requirements for better competitiveness. For example, following significant investments in its infrastructure, “Kālija parks”, which was built for handling fertiliser back in the day, now also accepts grain cargoes. Those cargo groups, that are not directly dependent on the geopolitical conditions indicate a continuous steady growth – Ro-Ro cargoes, timber products, agricultural products, liquid chemicals, metals, etc. Furthermore, the second half of the year, showed positive trends in coal handling. During the period, when Russia has directed its coal cargoes to its own ports, the Freeport of Ventspils has managed to interest coal carriers from Kazakhstan. 

    In cooperation with several service providers at the Freeport of Ventspils, offer of vessel repair works, which was previously seldom chosen by shipping companies in Ventspils, has been improved.  So far, other ports have been more active to offer such a service, although the Port of Ventspils also has all the preconditions to perform such works. The Port of Ventspils Authority, including the port entrepreneurs, decided to work on preparation of an offer for shipping companies to compete also in the market of these services. Quay No. 37 by the Southern Pier, where cargo handling is not possible, is used for vessel repair works. 

2022 May 19

18:06 Valenciaport detects in April a decline in Spanish export activity
17:48 Border checkpoint opened at Ultramar terminal in Ust-Luga seaport
17:26 CIMC Raffles delivered the first of two record-breaking ships to Wallenius Sol
17:15 ClassNK certifies NAPA Fleet Intelligence and NAPA Performance Monitoring and Optimization, and adds new notations to ships
16:41 New zero-emission Côte d’Ivoire Terminal receives first port equipment
16:12 PortsToronto releases 2021 Audited Financial Statements
16:05 “K” Line Group’s Yokohama Daikoku C-4 Terminal starts operation utilizing renewable energy
15:38 OTEKO obtains ISO 9001 certificate for handling of dry bulk cargo
15:06 Port of Salalah commissions new equipment to increase efficiency and meet demand
14:13 The first ship equipped to utilize future fairway services tested at Port of Kokkola
13:49 Vladivostok Fish Terminal puts into operation refrigerating facility of 7,000 tonnes in capacity
13:02 Wärtsilä completes delivery of 15 LPG fuel supply systems
12:28 Development of programme for Ship Repair, Modernization and Components conference is underway
12:07 MABUX: Bunker Weekly Outlook, Week 20, 2022
12:03 Long-term rates for reefer containers on the key US West Coast to Far East route up 60% in April - Xeneta
11:50 H2-Industries set to clear the oceans of plastic waste and produce clean fuel from innovative ship design
11:32 EU policymakers still need more ambitious green measures - Danish Shipping
11:11 PortNews issues its annual analytical report “Civil Shipbuilding in Russia”
11:03 Ports Long Beach and Los Angeles give update on Clean Air Action Plan
10:36 Global Ship Lease announces new forward charter agreement
09:56 RS developed requirements on usage of alternative fuels
09:53 ZIM reports record financial results for Q1 2022
09:29 Russian oil exports in January-April 2022 declined by 0.6% to 66.3 million tonnes
09:13 Crude oil futures rise on US reserves reduction statistics
08:58 MABUX: Bunker prices may continue downward changes on May 19

2022 May 18

18:35 Jotun's new tool to forecast carbon intensity of vessel operations
17:56 Gasum considers that natural gas imports from Russia could end this week
17:20 RF Government to extend setting of quotas for exports of mineral fertilizers till December 2022
17:06 Port of Antwerp-Bruges & CMB.TECH prepare the first hydrogen-powered tugboat
16:18 Port of Hamburg container throughput up 1.8 percent to 2.2 million TEU in Q1 2022
16:05 Port Houston container volume up 21% to 334,493 TEUs in April 2022
15:18 EU regulators must recalibrate EU ETS reform to ensure shipping industry is green by 2050 - WSC
15:11 Container throughput of Russian ports in 4M’2022 totaled 1.7 million TEUs, down 5.4% YoY
14:48 Throughput of Russian seaports in 4M’2022 rose by 0.1% YoY
14:32 Fluxys and Gasunie join forces to connect Belgian and Dutch hydrogen networks at North Sea Port
14:13 UAE to build LNG plant to double its export capacity - Bloomberg
14:02 Bureau Veritas and Climate Neutral Commodity join forces
13:44 Subsidies for construction of crab catchers at Far East shipyards to be raised from 20% to 28%
13:23 ECSA welcomes European Parliament’s decisive vote on commercial operators and Ocean Fund
13:01 Admiral Makarov frigate may become new flagship of Russia’s Black Sea fleet
12:40 CIMC Raffles delivers the first of two record-breaking ships to WALLENIUS SOL
12:03 Eastern Pacific Shipping and Value Maritime announce agreement
11:49 CF Industries joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
10:54 MODIFI launches partnership with DP World to enable digitisation of trade
10:30 The changes in the oil market are tectonic - Vladimir Putin
09:19 Crude oil futures show moderate growth after a recent fall
08:58 MABUX: Global bunker indices to drift lower on May 18

2022 May 17

18:37 United Heavy Lift orders two additional Eco-Lifter newbuildings
18:07 Global shipping community updates Maritime Labour Convention
17:46 Euroseas signs contract for the construction of two additional fuel efficient feeder containerships
17:26 The keel laying of Landing Platform Dock for Qatari Ministry of Defence takes place at the Palermo shipyard
17:06 Norsepower installs Rotor Sail on second Scandlines hybrid ferry
16:35 New data shows future-fuel demand for shipping industry equal to entire current global production of renewables - International Chamber of Shipping
16:22 Atomenergomash manufactured first RITM-200 reactor for icebreaker Yakutia
15:04 YILPORT starts a new X-PRESS Feeders service ACX
14:28 Port of Southampton completes shore power commissioning of three AIDA cruise ships
14:03 Titan LNG and Brittany Ferries embark on a long-term partnership for the supply of fuel for Brittany Ferries’ newbuild hybrids
13:25 Marcor Stevedoring B.V. to operate dry bulk terminal at Steinweg Hartel Terminal
13:16 Sovcomflot’s fleet reduced to 111 ships after recent sales
12:20 DP World breaks ground on its new container terminal, silo and quay in the port of Novi Sad