International Internet Magazine. Baltic States news & analytics
Wednesday, 26.04.2017, 22:37
The Estonian governmental transit commission that met after a more than seven-year break on Tuesday discussed raising the competitiveness of Estonian ports and plans for using global trade routes in the future, with representatives of businesses expressing their readiness to search for joint solutions with the Ministry of Economic Affairs and Communications, reports LETA/BNS.
Lietuvos Gelezinkeliai (Lithuanian Railways) has signed an agreement with OTLK, a company set up by Russian, Kazakh and Belarusian railway administrations, that will open the way for freight from China to reach Western Europe via Sestokai, a transshipment hub at the Lithuanian-Polish border, reports LETA/BNS.
Cargo traffic at the Lithuanian state seaport of Klaipeda was 10.303 mln tons in the first quarter of this year, up by 2.8%, from 10.021 mln tons, in the January-March period of 2016, the port's authority said.
In the first quarter of 2017, the Freeport of Riga handled 9.307 mln tons of cargo, up 2.1% from the same period in 2016, the port said BC.
In the first three months of this year, Latvian rail freight company Baltijas Ekspresis raised its freight turnover 3.4 times compared to the same period in 2016, said the Baltic Association - Transport and Logistics (BATL) business organization.
Freight transportation using the Latvian railway infrastructure amounted to 14.1 million tons in the first three of this year, up 8.1% from the same period in 2016, the state-owned railway company Latvijas Dzelzcels (LDz) said LETA.