Transport

International Internet Magazine. Baltic States news & analytics Friday, 28.04.2017, 03:21

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Management Board of RB Rail AS Appointed

Management Board of RB Rail AS Appointed

26.04.2017

On April 24, 2017, the Supervisory Board of “RB Rail AS” appointed three new board members to the Management Board of the joint venture: Kaspars Rokens, Ignas Degutis and Deniss Muraško, RB Rail As informed BC.

Keyword tags: Baltic, EU – Baltic States, Latvia, Railways, Transport



airBaltic recognized as third most punctual airline in the world

airBaltic recognized as third most punctual airline in the world

26.04.2017

The Latvian airline airBaltic has been recognized as one of the most punctual airlines in the world and has received five stars in the OTP Star Ratings system by OAG, the airline informed BC.

LSC Shipmanagement adds to the fleet its biggest tanker – Elandra Eagle

LSC Shipmanagement adds to the fleet its biggest tanker – Elandra Eagle

26.04.2017

On Wednesday, April 19, in South Korea, the JSC Latvian Shipping Company subsidiary LSC Shipmanagement Ltd (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Eagle”. The new tanker is intended for transportation of oil. Her total length is 277 meters and deadweight – 157,000 tons, the LSCM representative informed.


Estonian transit businesses ready to search for solutions in collaboration with govt

Estonian transit businesses ready to search for solutions in collaboration with govt

25.04.2017

The Estonian governmental transit commission that met after a more than seven-year break on Tuesday discussed raising the competitiveness of Estonian ports and plans for using global trade routes in the future, with representatives of businesses expressing their readiness to search for joint solutions with the Ministry of Economic Affairs and Communications, reports LETA/BNS.

SmartLynx Airlines plans expansion to Asia and  North America

SmartLynx Airlines plans expansion to Asia and North America

24.04.2017

Latvia’s SmartLynx Airlines plans to expand its operations to Asia and North America, including Canada, LETA was told at the company.


24.04.2017

Rail Baltica is Financially and Economically Viable

The Rail Baltica Global Cost-Benefit Analysis (CBA) presented on April 24 during Rail Baltica Global Forum 2017 confirms that the Rail Baltica project is financially and economically viable. The new study reaffirms the project’s economic feasibility and highly beneficial nature, providing the necessary updated parameters for the project’s continued EU and national co-financing, Rail Baltica Global Forum representatives informed BC.

24.04.2017

Rail Baltica Global Forum 2017, a two-day international event devoted to the Rail Baltica project takes place in Riga

Today marks the beginning of the international two-day event Rail Baltica Global Forum 2017 – Building a New Economic Corridor organized by RB Rail AS, a joint venture by the three Baltic States, with the support of the project’s national implementing bodies – Rail Baltic Estonia, Eiropas Dzelzceļa līnijas and Rail Baltica statyba. A live video stream will be accessible both Forum days on www.railbaltica.org/forum.

21.04.2017

Hyperloop could be built next to Rail Baltica line

The line of the Hyperloop ultra-speed train concept developed by the US startup Hyperloop One could be built next to the European-gauge railway Rail Baltica, Lithuania's Transport and Communications Minister Rokas Masiulis said LETA/BNS.

21.04.2017

Concession-type PPP contract signed for parking project in Vilnius

On the 20th of April the Ministry of Health of The Republic of Lithuania signed a 25 year PPP concession contract to design, build and manage the parking infrastructure at Santariskes medical campus in Vilnius. Latuna, a subsidiary of the Lithuanian parking services and management company Unipark, was selected as the preferred bidder for the €14 mln parking infrastructure project, the Invest Lithuania informed BC.

21.04.2017

Lithuanian airports post 16.4 pct growth in Q1 passenger traffic

A total of 1.064 mln passengers went through Lithuania's airports in the first quarter if this year, a rise of 16.4% on the same time last year, Statistics Lithuania said.

21.04.2017

Poor state of Latvia's roads causes losses of more than EUR 1 bln to motorists each year

The poor state of Latvia’s roads cause losses of more than EUR 1 billion to motorists each year, Janis Lange, CEO of Latvijas Valsts Celi (LVC) state road manager, said at an annual conference on road maintenance and construction today.

20.04.2017

Lithuania's Small Planet Airlines posts loss for 2016

Lithuanian-owned charter carrier Small Planet Airlines posted 223.1 mln euros in revenue in 2016, up by 22.6% y-o-y, however, ended the year with a loss of 3.8 mln euros after netting a profit of 19.2 million euros in 2015, reports LETA/BNS.

20.04.2017

Lithuanian Railways signs deal for Chinese freight transportation via Sestokai station

Lietuvos Gelezinkeliai (Lithuanian Railways) has signed an agreement with OTLK, a company set up by Russian, Kazakh and Belarusian railway administrations, that will open the way for freight from China to reach Western Europe via Sestokai, a transshipment hub at the Lithuanian-Polish border, reports LETA/BNS.

19.04.2017

Russia is an important partner for Latvia in transport and logistics

Russia is an important partner for Latvia in transport and logistics, said Latvian Transport Ministry’s state secretary Kaspars Ozolins at the 22nd international transport conference TransRussia 2017 in Moscow.

18.04.2017

Bad roads kept 20% of Latvians from obtaining public services

Bad condition of roads in Latvia has caused difficulties to about 20 percent of population in obtaining some or other public services such as visiting a public agency or a doctor, or receiving timely emergency aid, according to the public opinion poll carried out for the Latvian association of road builders, Latvijas Celu Buvetajs citing LETA.

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