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Friday, 27.05.2016, 23:07
Ventspils nafta terminals (VNT), one of the largest taxpayers in Ventspils and the largest contributor to the cargo turnover in the Ventspils Freeport, is in the process of investing EUR 5 million into the installation of a permanent vapour recovery unit (VRU) in the port of Ventspils.
Keyword tags: Energy, Good for Business, Investments, Latvia, Port, Transport
Due to the long litigation process that took more than eight months during which prices have risen, Latvia's road and bridge construction company Latvijas Tilti will not sign an agreement on reconstruction of quays at the Lithuanian seaport of Klaipeda, informs LETA.
Problems with organizing tugboat services in the port have cost the Freeport of Riga Authority more than EUR 1 million, state auditors have established.
The emergence of corruption risk at Port of Tallinn was made possible by a weak and over-politicized supervisory board, which did not perform the duties entrusted to it or check the activities of the management board, the committee investigating potential corruption at the state-owned port company says in its preliminary findings, informs LETA/BNS.
In the first four months of the year 2016, compared to the same period last year, the Port of Klaipeda was the only Baltic port to register an increase in cargo turnover and remains the leader amongst the main Baltic ports in cargo turnover, LETA informs.
One of the ferries being built in Poland at the Remontowa shipyard might be three months late, member of the supervisory board of Port of Tallinn Mart Luik said, cites LETA/BNS.
Officers of the Internal Security Service (ISS) last week detained Martin Paide, head of maintenance at the state-owned port company Port of Tallinn, Postimees said on Thursday, cites LETA/BNS.