International Internet Magazine. Baltic States news & analytics
Tuesday, 23.05.2017, 13:52
Rail Baltica – Connectivity That Benefits All
22.05.2017The first day of the international two-day event “Rail Baltica Global Forum 2017 – Building a New Economic Corridor” that was held in Riga on April 24, 2017, gathered not only an impressive line-up of speakers, but also a great number of influential officials, politicians, decision-makers and experts from the three Baltic States and beyond. All of the attendees agreed that this was an important turning point in the project's development as the new Cost-Benefit analysis of the Global Project[1] was presented proving the value of the project and listing a number of benefits that the connectivity will bring.
Keyword tags: Analytics, Baltic, Construction, EU – Baltic States, Financial Services, Railways, Transport
RusLine launches flights between Vilnius and St. Petersburg
22.05.2017Russia's airline RusLine on Monday is launching a service between Vilnius and St. Petersburg, reports LETA/BNS.
Section of Ogre-Tinuzi road closed to traffic
19.05.2017A section of Ogre-Tinuzi road partly collapsed today as Celu Parvalde, a road maintenance company reconstructing the road, hit a layer of peat, which is why the road will be temporarily closed to traffic, Ogre Region Council informed LETA.
Nordica starts flying to summer destinations
19.05.2017he Estonian state owned airline Nordica this week started services to its six summer destinations in France, Croatia, Germany and Ukraine, informed LETA/BNS.
airBaltic flies 18.4% more passengers in January-April
19.05.2017Latvia’s national carrier airBaltic flew 876,328 air passengers during the first four months of this year, which was an 18.4% rise against the same period last year, LETA was told at the company.
Lithuania's DFDS Seaways posts lower 2016 turnover after handing some routes to Danes
DFDS Seaways, a Lithuanian ferry operator that is part of the Danish shipping group DFDS, posted 75.995 mln euros in consolidated revenue in 2016, down by 20.7%, from 95.874 mln euros, in the year before. The company said the decline was due to handover of some of the routes to Denmark's DFDS, writes LETA/BNS.
Cooperation with Uzbekistan is important both for port and Latvia’s transport sector – Riga Freeport
ooperation with Uzbekistan in transport and logistics is important both for the Riga Freeport and for Latvia’s transport sector in general in order to ensure alternatives for the declining transit cargo flow from Russia, the port’s administration said.
airBaltic Launches Flights Between Riga and Liepaja
Riga. Latvian airline airBaltic on May 16, 2017, launched domestic flights linking Riga and Liepaja. The new route opens the city on the Baltic coast for visitors from 60 airBaltic destinations in Europe, Scandinavia, the Middle East and the CIS, airBaltic informed BC.
Augulis and Chinese transport minister agree to promote rail cargo transportation
Transport Minister Uldis Augulis (Greens/Farmers) during his ongoing visit to China today agreed with Chinese Transport Minister Li Xiaopeng to promote transportation of rail cargo, BC was told at the Latvian Transport Ministry.
Ten hydrogen-powered trolleybuses and filling station to cost EUR 16 miln to Rigas Satiksme
onstruction of a hydrogen station and ten hydrogen-powered trolleybuses will cost EUR 16.1 mln with half of the amount to be co-financed by the EU, Rigas Satiksme municipal public transport company said.
Tanker to deliver this year's 3rd LNG cargo for Lithuania's Achema
A new shipment of liquefied natural gas (LNG) from Norway's Statoil is to arrive in Klaipeda on Tuesday, marking the eight LNG delivery to the Lithuanian port since the start of the current gas year on Oct. 1, 2016 and the third one for the fertilizer manufacturer Achema, reported LETA/BNS.
Riga was the leading Latvian port in January-April
In the first four months of 2017, Latvian ports reloaded 24.528 mln tons of cargo, which was a 10.5% rise against the same period in 2016, according to information released by the Transport Ministry writes LETA.
Latvia willing to join One Belt, One Road initiative
Latvia is willing to actively participate in the One Belt, One Road initiative, Latvian Transport Minister Uldis Augulis said on May 14 during his visit to China.
Erik Laidvee becomes CEO of Estonian Railways
Erik Laidvee, former CEO of the Estonian transit company Transiidikeskus, is to start work as CEO of the state-owned railway operator AS Eesti Raudtee (Estonian Railways) on Monday, informed LETA/BNS.
Latvian development: in search for a new “political economy” 
