International Internet Magazine. Baltic States news & analytics
Saturday, 22.10.2016, 11:45
As Russian railway companies plan on getting the Belarusian oil cargo from the Baltic states and divert them to the Gulf of Finland, Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) expects to keep the freight volume at the current level, informs LETA/BNS.
Keyword tags: Baltic States – CIS, Belarus, Cargo, Logistics, Oil, Port, Railways, Russia, Transport
Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ), reports LETA/BNS.
As things stand now, the penalties meted out to the shipyards building new ferries for Estonian island routes for delays in the delivery of the ferries have covered the costs of the rent of substitute vessels, Minister of Economic Affairs and Infrastructure Kristen Michal said.
The management of the Russian state owned rail company Rossiyskie Zheleznye Dorogi (Russian Railways) this week will consider a 25 percent discount on the charges that are applied for shipping gasoline, diesel fuel and fuel oil cargos from refineries in Belarus to Russia’s northwestern ports, thus making them equal to the tariffs that are charged on shipments to ports in the Baltic states, the Russian business newspaper Kommersant reports.
Of Baltic ports, container loading volumes in the first nine months of 2016 grew year over year in Klaipeda and Riga and declined in Tallinn and Liepaja, the annual rate of decline for Tallinn being 6.6%, writes LETA/BNS.
In the first nine months of 2016, Latvian ports reloaded 45.924 mln tons of cargo, down 12.9 % from the same period in 2015, the Latvian Transport Ministry said LETA.
The Lithuanian seaport of Klaipeda continues leading the ports of other Baltic countries in terms of container loading volumes in the first nine months of 2016, informs LETA/BNS.