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International Internet Magazine. Baltic States news & analytics Friday, 24.03.2017, 00:07

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Lithuania's stevedoring co Klasco to pay out EUR 3.5 mln as dividends

Lithuania's stevedoring co Klasco to pay out EUR 3.5 mln as dividends

23.03.2017

laipedos Juru Kroviniu Kompanija (Klaipeda Stevedoring Company, or Klasco), which is part of Achemos Grupe (Achema Group), will distribute 3.47 mln euros as dividends to shareholders, or 0.233 euros per share, after posting a 50-mln-euro pretax profit for 2016, reports LETA/BNS.

Keyword tags: Cargo, Financial Services, Good for Business, Lithuania, Markets and Companies, Port, Transport



Lithuania`s Hidrostatyba and Latvia`s BMGS to reconstruct VLG shipyard's embankments

Lithuania`s Hidrostatyba and Latvia`s BMGS to reconstruct VLG shipyard's embankments

22.03.2017

The embankments used by Vakaru Laivu Gamykla (Western Shipyard, or VLG), a Lithuanian shipbuilding and repairing group controlled by Estonia's BLRT Grupp, will be reconstructed by construction company Hidrostatyba and Latvia's BMGS for 14.837 mln euros, reports LETA/BNS.

International passenger traffic through Estonian ports increased, shipment of goods declined in 2016

International passenger traffic through Estonian ports increased, shipment of goods declined in 2016

21.03.2017

According to Statistics Estonia, in 2016, the number of international traffic passengers served by Estonian ports increased by 4%, but the freight volume of ports in tonnes decreased by 4% compared to the previous year.


LASCO posts EUR 20.987 mln in audited loss in 2016

LASCO posts EUR 20.987 mln in audited loss in 2016

21.03.2017

The Latvian shipping group Latvijas Kugnieciba (LASCO) generated EUR 90.682 million in audited turnover in 2016, up 8.6 percent year-on-year, and posted a loss of EUR 20.987 million, growing 3.6 times from 2015, according to the audited financial statements submitted to Nasdaq Riga stock exchange.

Norway offers EU quota swap deal to settle dispute over arrested Latvian crab trawler

Norway offers EU quota swap deal to settle dispute over arrested Latvian crab trawler

17.03.2017

Norway has offered the European Union (EU) a quota swap deal in order to enable EU fishermen to obtain the necessary license for catching snow crab in Norway's Arctic shelf, LETA was told at the Norwegian Embassy in Riga.


17.03.2017

Port CEO says waterways charges in Estonia too high

Waterways charges in Estonia are way too high and Port of Tallinn is about to come up with its proposals for lowering them soon, the company's CEO Valdo Kalm said LETA/BNS on Friday.

17.03.2017

Klaipeda continues to lag behind Riga in container traffic

Klaipeda continues to lag behind Riga in terms of container traffic, the Lithuanian seaport's authority said on Friday.

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