International Internet Magazine. Baltic States news & analytics
Friday, 31.10.2014, 23:26
Estonian state-owned port operator Tallinna Sadam concluded contracts with shipyards Remontowa Shipbuilding and Sefine Shipyard for building four new ferries for the routes between the Estonian mainland and biggest islands; each shipyard will build two ferries, LETA/Postimees Online reports.
Keyword tags: Estonia, Legislation, Port, Transport
Irish low-fare airline Ryanair hopes to serve 2.3 million passengers in the Baltics in 2014, the airline informed LETA.
After the first load of liquefied natural gas (LNG) was pumped into the LNG storage vessel Independence, the specialists stated that its systems operate flawlessly, reports LETA/ELTA.
A container terminal covering around 40 hectares, built on land regained from the sea, has been completed in the North East Estonian Sillamäe Port, the local Põhjarannik newspaper writes, cites LETA.
Latvian Transport Minister Anrijs Matiss (Unity), who is expected to stay on as minister in the next government, says that his main priority in the next government is to straighten out Latvia's road system by guaranteeing long-term road construction and maintenance financing, and improving the quality of road construction, cites Nozare.lv.
On October 30th, airBaltic launched a new direct route linking Vilnius and Amsterdam. The flight, which will operate three times a week, offers convenient connections between the two capitals, linking Vilnius via Amsterdam to the rest of the world, and linking Amsterdam to the Baltic Region and beyond through airBaltic’s connections to Scandinavia and the CIS, informed BC Janis Vanags.
Estonian state-owned port operator AS Tallinna Sadam (Port of Tallinn) posted an unaudited turnover of 88 million euros and net profit of 34.2 million euros in the first nine months of this year, the company announced, LETA/Postimees Online reports.
On 28 October 2014, the representatives from Baltic States signed a landmark agreement which will launch the project Rail Baltica and bring the Baltic region closer to the Western Europe. By terms of the agreement, a joint Lithuanian, Latvian and Estonian venture responsible for the Rail Baltica project will be set up in Riga, informed BC Lithuanian Transport Ministry.
In the third quarter of 2014 Ventspils nafta terminals Ltd. (VNT), subsidiary of JSC Ventspils nafta” transhipped 2.05 million tons of oil and petroleum products. But transhipment amounts of LatRosTrans Ltd. (LRT) in the same period of time reached 1.35 million tons, which is 36% more than in corresponding period of 2013, informed BC Ventspils nafta press service.
Tallinn Airport is among the best airports in Europe, based on the overall airport experience determined by travellers who had taken the site’s 2014 airport survey, reported LETA/Baltic Business News.
Infortar, major shareholder of Estonian passenger shipping company Tallink, is interested in buying the whole of Estonian national carrier Estonian Air, Infortar's head Ain Hanschmidt said at a press conference on Wednesday, LETA/Postimees Online reports.
Irish low-fare airline Ryanair launched its new Riga-Cologne service today, the Riga International Airport informed the business information portal Nozare.lv, cites LETA.
Estonian company-owned cargo ship Kertu, which was on its way to Kokkola, Finland, is in danger of sinking in the Stockholm archipelago in Sweden, LETA/Postimees Online reports.
Cargo flow projections that were the basis for Latvijas Dzelzcels (LDz) railroad electrification project have not been, and will not be achieved, thus the risks of the project and the project itself need to be revised, Transport Minister Anrijs Matiss (Unity) said during a Latvian Port, Transit and Logistics Council meeting today, cites LETA/Nozare.lv.
Sweden's Crown Princess Victoria and her husband Prince Daniel started their two-day visit to Estonia on Tuesday by meeting with Estonian state leaders and attending several events, LETA/Postimees writes.