Cargo, Latvia, Port, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 03:22

Riga Port sees 26.7% drop in cargo turnover in H1

BC, Riga, 16.07.2020.Print version
The Freeport of Riga handled 11.843 mln tons of cargo in the first six months of the year, which is a reduction of 26.7 % from the same period a year ago, according to information released by the port, writes LETA.

Bulk cargo, which dominated the port’s cargo structure in the first six months of this year, declined 31% year-on-year to 6.949 mln tons. Handling of general cargo decreased 17.5% to 3.455 mln tons and reloading of liquid cargo was down 24.5% to 1.439 tons.


Containerized cargo made up 19% of the overall cargo turnover and reached 2.252 mln tons in the first six months, down 7.4% from the previous year.


Coal, which accounted for the second largest share of cargo reloaded in the port, or 14.2%, decreased 3.1 times y-o-y to 1.685 mln tons.


Reloading of oil products was down 25.5% on year to 1.406 mln tons in the six months of this year, making up 11.9 % of total cargo turnover.


Handling of wood pellets rose 14.3% to 1.07 mln tons and grain cargo grew 14.5% to 913,600 tons.


As reported, the Freeport of Riga handled 32.762 mln tons of cargo in 2019, which is a reduction of 10.1% from a year before. 


Riga is the largest Latvian port by cargo turnover and also by the number of ship passengers.






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