• 2022 January 26 12:37

    Freeport of Ventspils handled over 11.1 million tons of cargo in 2021

    In 2021, the proportion of local cargo increased in the Freeport of Ventspils

    In 2021, the terminals operating in the Freeport of Ventspils handled a total of more than 11.1 million tons of cargo. By flexible adaptation to the market conditions, the terminals have managed to increase the proportion of the local cargo in the total cargo volume of the port. A new record has been achieved in the group of goods transported by ferries, Freeport of Ventspils says in its press release. 

    2021 has shown several positive trends in the operation of the Ventspils port. An insignificant but steadfast increase could be observed during the whole year in the groups of goods which are not materially affected by geopolitical fluctuations (Ro-Ro; timber and agricultural products, etc.), increasing the volume of these goods by approximately 9% in comparison with 2020. 

    All sorts of cargo can be currently handled by 14 terminals of the Freeport of Ventspils. Moreover, the terminals can react to the changes in the market in a flexible manner, adapting to the wishes of customers. E.g., Kālija parks, which was initially constructed for handling of mineral fertilisers, now can handle grain cargoes as well after significant investments in infrastructure.  

    More than 20% of the total cargo volume of the port was transported via the ferry line Ventspils - Nynneshamn. The historically largest amount of Ro-Ro cargo was reached in 2021, i.e. –f 2.3 million tonnes; and it is by 6% more than in 2020. By the beginning of the year, the ferry operator Stena Line and Noord Natie Ventspils Terminals (NNVT) operating at the Freeport of Ventspils signed a contract for 20 years, agreeing on a permanent ferry traffic from the Freeport of Ventspils. The ambitious development plans in Ventspils are symbolised this year by the commencement of the traffic by ferry Stena Scandica which is 222 metres long and holds a capacity which is increased by 30% in comparison with the previous ferries. Moreover, in September Stena Line informed of attraction of two completely new ferries to the Ventspils line as of 2022. These new ferries of E-Flexer type will be 240 metres long and will allow to increase the cargo capacity by 25%, and the capacity of passenger compartment by 33%. Such opportunities ensure great preconditions for placement of logistics centres and exporting companies in the industrial territory of the Freeport of Ventspils. 

    Within the period of the year, 1,310 cargo vessels have been serviced in the Freeport of Ventspils, of which 1,007 were dry cargo vessels and 303 were tankers.  Port charges paid by vessels coming into the port of Ventspils are the main source of income for the Freeport of Ventspils Authority and has allowed for a successful continuation of infrastructure projects of the port and the industrial territory: construction of access roads and industrial parks, as well as renovation of the port and waterworks.  

    The ice-free Ventspils port is one of the leading EU deep-water ports by the eastern coast of the Baltic Sea. Historically it serves as a strategic hub for transit of goods exported from Russia and CIS countries in terms of shipping chemicals, potassium salt, coals, grain, general cargo, Ro-Ro, and other cargo. Today, Ventspils is a multi-modal port in Latvia for all types of cargo and offers attractive port charges. Technical parameters of ice-free port lets us serve the largest vessels entering the Baltic Sea all year round.


2024 April 20

15:02 European ports contend with slow economic growth, geopolitical impact
13:43 AD Ports Group signs strategic agreement with ADNOC distribution for marine lubricants supply
12:17 Stena Bulk completes sale of Stena Blue Sky
10:05 Newbuild ocean tug bolsters growing LNG bunker fleet

2024 April 19

18:02 CMA CGM to strengthen and reshuffle its SEAS1 & SEAS2 services connecting Asia and East Coast South America
17:25 OOCL upgrades Transpacific Latin Atlantic 1/ 2 (TLA1/ 2) service
16:45 The world's two largest hydrogen ships are to be built in Norway
16:15 KEYS Azalea completes first ship-to-ship LNG bunkering in Western Japan
15:40 Port Houston surpasses 1mln TEU mark in Q1 2024
15:29 World's first ammonia dual-fuel Aframaxes to be developed by MISC
14:55 Port of Rotterdam total cargo throughput up 2.0% to 3.3 million TEUs in Q1 2024
14:06 DNV awards certificates for Fortescue’s dual-fuelled ammonia-powered vessel
13:44 Imoto Lines and Marindows launch next-generation zero-emission container ship project
12:41 The Port of Los Angeles and the Port of Long Beach complete a comprehensive Green and Digital Shipping Corridor study
12:20 Ulsan Port Authority signs MOU with Pacific Environment to decarbonize shipping ports in Singapore
11:50 Cavotec signs USD 5 million shore power order with global shipping company
11:22 Rio Tinto selects Alfa Laval OceanGlide fluidic air lubrication with a focus on advancing efficient shipping and reducing emissions
10:45 Steerprop selected to supply main propulsion and tunnel thrusters for Canadian Coast Guard multi-purpose vessels program
10:14 ST Engineering AirX and Bureau Veritas sign cooperation agreement to advance Wing-in-Ground technology
09:38 Solar panels at the Port of Valencia will generate 22% of the energy it consumes

2024 April 18

18:02 DEME wins cable installation contracts from Prysmian for IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems
17:31 RINA awarded contract for Carnival Cruise Line 4th and 5th Excel-class ships
17:18 Cepsa and Evos join up for green methanol storage in Spain and the Netherlands
16:48 ClassNK commences joint research project with JAXA on material compatibility evaluation methods for liquefied oxygen
16:24 Panama Canal announces new measures regarding number of transits and maximum draft
15:50 Kongsberg Maritime secures contract to supply propeller systems to Damen Naval for four Anti-Submarine Warfare frigates
15:24 LR to class Torghatten Nord’s hydrogen-powered ferry duo for Arctic sailings
14:04 CMA CGM sells part of the foreign activities of Bolloré Logistics to the Balguerie Group
13:40 Methanol Institute and SEA-LNG unite against EU trade barriers to biomethane and biomethanol fuels
13:23 DP World launches a new Air Tracking feature to its SeaRates platform
12:31 Port of Los Angeles container volume increases 19% to 743,417 TEU in March 2024
12:16 MABUX: Bunker Outlook, Week 16, 2024
12:11 Coastal Sustainability Alliance boosts development and adoption of maritime biofuel in Singapore
11:43 Ocean Network Express launches reduced emissions shipping service
11:23 Wartsila cargo handling and fuel gas supply systems selected for three new Very Large Ethane Gas Carriers
10:45 Singapore plans production of biofuel blends up to B50 in grade
10:25 Maritime and Port Authority of Singapore and International Energy Agency сollaborate on maritime energy transition

2024 April 17

18:03 Australia and Singapore partner in a $20 million initiative to help reduce emissions in the maritime sector
17:38 EPS strengthens green collaboration with MPA with six Singapore-registered ammonia dual-fuel newbuilds
17:03 HD Hyundai, Scottish firms to cooperate on offshore wind power
16:16 Hanwha Ocean wins 176.4 bln-won order for 1 LPG carrier
15:46 Maritime Book and Claim System advances pilot study to support first movers in zero-emissions shipping
15:00 Port of Antwerp-Bruges cargo volumes up 2.4% to 70.4 million tonnes in Q1 2023
14:47 DOF Rederi AS sells PSV Skandi Gamma
14:24 PIL, CCS partner on alternative fuels and onboard carbon capture and storage
13:44 Total volume of bunker fuel sales at the port of Fujairah increases by 25.2% to 700,918 m3 in March 2023
12:11 Eureka Shipping announces construction of new cement carrier for Great Lakes trade
11:32 MOL to adopt new system to increase capacity and improve operational efficiency of car carriers
11:12 GTT receives an order for the tank design of eight new LNG carriers
10:43 Thailand's Department of Marine and Coastal Resources takes delivery of a new research vessel
10:27 The United States exported a record volume of natural gas in 2023
09:58 TECO 2030 raises NOK 43 million and partners up with Advait in India

2024 April 16

18:04 HD KSOE attains 73% of annual order target in 100 days
17:31 Anglo-Eastern buys Euronav ship manager
17:06 Navig8 takes delivery of the second of six newbuild MRs with emission reducing technology
16:38 IMO’s Facilitation Committee tackles digitalization and autonomous shipping
16:12 World’s largest car carriers ordered with MAN Energy Solutions propulsion package
15:46 Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
14:13 Asyad Shipping and OQ8 successfully complete first-of-its-kind blended crude oil delivery from Mina Al Fahal to Duqm Refinery
13:54 Hapag-Lloyd unveils its new Strategy 2030
13:14 Singapore aims for over 1 mln tons of low-carbon methanol bunker supply by 2030
12:43 Trafigura to commercially deploy Daphne Technology’s PureMetrics on LNG carrier for precise MRV and optimisation of GHG emissions
12:15 All 12 people rescued from fire on board Tanzanian-flagged cargo ship in Singapore waters
11:49 Drydocks World steel cutting ceremony marks start of UK Norfolk Vanguard Offshore Wind Platforms project
11:23 North Pacific Green Corridor Consortium aims to decarbonize transportation corridor between Canada, Japan and South Korea
10:48 Wartsila offers new high-performance thruster and propulsion control solution package
10:25 Port of Long Beach container volume up 8.3% to 654,082 TEUs in March 2024
09:58 Kalypso Offshore Energy signs LOI with Royal IHC

2024 April 15

18:04 Container shipping costs of S. Korea-EU route surge 40 pct amid Red Sea crisis
17:21 HMM to expand container ship fleet by 2030