EU – Baltic States, Good for Business, Lithuania, Port
International Internet Magazine. Baltic States news & analytics
Thursday, 17.01.2019, 09:13
Lithuania's transpmin expects navigation growth after decline in port fees
BC, Vilnius, 08.03.2018.
Print version
Print versionLithuania's Transport and Communication Minister Rokas Masiulis expects that the reduced Klaipeda port fees will have a positive effect on navigation companies and the port by allowing to attract bigger flows of freight and passengers, as well as raise revenue, reports LETA/BNS.
According to preliminary calculations, the port should secure 156,000 euros in additional revenue per year.
At its meeting on Wednesday, the Cabinet of ministers approved new port fees, with a lower tariff for freight and passenger ferries entering the port at least once a week. Up until now, the lower tariff was applied to ferries entering the port twice a week.
The new fees are expected to be attractive to new ferry lines, which had been loss-making for some time.
For instance, ro-ro type vessels entering the port once a week (up to eight times per year) will see the fee drop from 8,600 euros to 2,800 euros, while that for ro-pax vessels from 5,900 euros to 3,900 euros.
Other articles:
- 17.01.2019 Latvian fuel sales up 2.2% in 11 months
- 16.01.2019 Выручка Lietuvos gelezinkeliai выросла на 12,5% до 502,1 млн. евро в 2018 году
- 16.01.2019 Число участников литовской программы Startup Visa выросло на 41%
- 16.01.2019 Augstsprieguma Tikls power transmission operator plans to invest EUR 95 million this year
- 16.01.2019 Lithuanian Raiways' revenue up 12.5% to EUR 502.1 mln
- 16.01.2019 Number of passengers carried by Latvia’s airBaltic up 17% in 2018
- 16.01.2019 JBIC invests EUR 40 mln in venture capital fund focusing on Baltic, Nordic region
- 16.01.2019 Latvian-made Leg&go balance bike wins international Design & Innovation Award
- 16.01.2019 Lithuania allocates EUR 130,000 to CIA prisoner
- 16.01.2019 Lithuania plans to exit TER project
2019 –Another year of consumption changes: Danish example 
