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International Internet Magazine. Baltic States news & analytics Thursday, 22.02.2018, 12:39

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Botnica to start breaking ice in Gulf of Finland

Botnica to start breaking ice in Gulf of Finland

22.02.2018

The Estonian icebreaker Botnica is about to head to the sea area off the port of Sillamae on Wednesday to free the German freighter Neuland stuck in ice there, thus opening the icebreaking season in the Estonian portion of the Gulf of Finland, reports LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Port, Transport



27 mln tons of freight carried by rail, 35 tons via ports in 2017 in Estonia

27 mln tons of freight carried by rail, 35 tons via ports in 2017 in Estonia

20.02.2018

During 2017, 27.3 million tons of freight was transported by rail in Estonia and 34.8 million tons of freight was transported via Estonian ports, Statistics Estonia said on Tuesday, cites LETA/BNS.

RIKON plans to launch manufacturing of mobile cranes in the Port of Riga

RIKON plans to launch manufacturing of mobile cranes in the Port of Riga

16.02.2018

The Port of Riga company RIKON AS, which currently successfully competes in the market of manufacturing and maintenance of gantry cranes, plans to expand its production portfolio and launch manufacturing of mobile cranes, also, informed BC port’s press service.


Freeport of Riga explains drop in cargo turnover with geopolitical reasons

Freeport of Riga explains drop in cargo turnover with geopolitical reasons

16.02.2018

In January 2018, cargo turnover in the Freeport of Riga fell 13.5% from the same period a year ago, but the drop was expected and caused by geopolitical reasons, the freeport’s representative Mareks Gailitis told LETA.

Revenue of Port of Tallinn grows, profit declines in 2017

Revenue of Port of Tallinn grows, profit declines in 2017

15.02.2018

Revenue of the state-owned Estonian port company Port of Tallinn (AS Tallinna Sadam) grew 18% to 121.3 million euros in 2017 and earnings before interest, taxes, depreciation and amortization (EBITDA) increased 1% to 67 million euros, while net profit fell 33% to 26.4 million euros, mainly due to dividends, informs LETA/BNS.


14.02.2018

Latvian ports see cargo turnover fall 22.1% in January

In January 2018, all Latvian ports together handled 5.02 million tons of cargo, down 22.1% from the same period a year ago, writes LETA, according to information released by the Transport Ministry.

13.02.2018

Cargo turnover at Latvia's Skulte port grows 19.1% in January

The Skulte port in north-eastern Latvia reloaded 66,600 tons of cargo in January 2018, which is a rise by 19.1% from a year ago, writes LETA, according to the information provided by the port.

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