International Internet Magazine. Baltic States news & analytics
Thursday, 11.02.2016, 06:25
EVR Cargo, the Estonian state owned rail freight haulage company, saw its operating volume in January 2016 drop by 27% year-on-year to 964,000 tons, reports LETA/BNS.
Keyword tags: Baltic States – CIS, Estonia, Railways, Transport
Ukraine, a member of Viking container shuttle train project, has launched a new Silk Road to China bypassing Russia and invites the Lithuanians to use this route for freight transportation to Asia. However, Lithuania is cautious about this idea, the Verslo Zinios business daily reports on Tuesday, cites LETA/BNS.
Altogether 15.4 million tons of freight was carried on the infrastructure of the state-owned Estonian railway infrastructure company Eesti Raudtee (Estonian Railways) in 2015, 20.2% less than in 2014, informs LETA/BNS.
Estonia's state-owned Eesti Energia Kaevandused AS is planning to reconstruct more than one million euros worth of railways owned by the company in East-Viru County, informs LETA/BNS.
According to data of Statistics Estonia, around 35 million tons of goods was transported through Estonian ports and 28 million tons on railways last year, which are the lowest figures in the last decade; compared to the previous year, the freight turnover of ports decreased by a fifth and that of railways, by almost a quarter, informs LETA/BNS.
The state-owned railway infrastructure company Estonian Railways (Eesti Raudtee) intends to work closer together with the state-owned port company Port of Tallinn in the future to find new transit chains and make the movement of goods between the two companies better thought-out and more profitable, informs LETA.
Lithuania is concerned about the slow pace of Rail Baltica’s construction in Poland in particular as the European-standard gauge railway will not realize its full potential without Poland’s contribution, informs LETA/BNS.