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International Internet Magazine. Baltic States news & analytics Thursday, 30.07.2015, 09:06

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Lithuanian Railways to guarantee loan to the Shipping Company

Lithuanian Railways to guarantee loan to the Shipping Company

27.07.2015

During a sitting on July 27th, Lithuania's Government approved the draft resolution submitted by the Ministry of Transport and Communications, according to which dividend payments to the budget will be reduced for Lithuanian Railways by EUR 3 million because it will guarantee the SEB loan of such amount to Lithuanian Shipping Company (LSC), writes ELTA/LETA.

Keyword tags: Financial Services, Legislation, Lithuania, Port, Railways, Transport



If Tallink fails to come through, other companies will provide second ferry Riga-Stockholm

If Tallink fails to come through, other companies will provide second ferry Riga-Stockholm

27.07.2015

Riga Freeport CEO Andris Ameriks commented that if the Tallink company does not come up with a second ferry ship to accommodate passengers daily on the route Riga-Stockholm-Riga, then other companies are interested in doing so, probably in 2016, writes LETA.

SEB will support Lithuanian Shipping Company's vessel Romuva

SEB will support Lithuanian Shipping Company's vessel Romuva

24.07.2015

The Ministry of Transport and Communications on July 23rd agreed with SEB bank over the required financial support to Lithuanian Shipping Company's (LSC) vessel Romuva, which is docked in Italy's Taranto port, informs LETA/ELTA.


Vessel of Lithuanian Shipping Company returns home

Vessel of Lithuanian Shipping Company returns home

23.07.2015

The Ministry of Transport and Communications has announced that Lithuanian Shipping Company's (LSC) vessel Deltuva is returning to Lithuania. It was impouneded in Gdansk, but will soon dock in Klaipeda port, writes LETA/ELTA.

Lithuanian transport sector indicators improved in June

Lithuanian transport sector indicators improved in June

22.07.2015

Based on preliminary data of Statistics Lithuania, in June 2015 compared with June 2014, Klaipeda State Seaport and Butinge Terminal handled by 17% more cargo. Meanwhile, Lithuanian airports and Lithuanian railways transported by 24 and 10.8% more goods respectively, reports LETA/ELTA.

20.07.2015

Major sail and motorboat show in Riga in August

The pan-Baltic sail and motorboat exhibition "Riga Boat Show 2015" will be held in Latvian capital from August 7 through August 9, 2015, as "Riga Boat Show" public relations manager Agirs Neminskis told LETA.

16.07.2015

In H1, the Freeport of Riga increased its cargo turnover by 2.3%

In the first half of the year 2015, the Freeport of Riga increased its cargo turnover by 2.3% in comparison with the relevant indicators of the same period of 2014, having handled 20.64 million tons. Average monthly amount handled at the Freeport is 3.44 million tons of various cargoes.

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