• 2018 November 8 10:48

    Grain transhipment volumes at the Port of Riga reach new records

    In the first nine months of this year, transhipment volumes of grain at the Port of Riga have reached a new record, says press center of the port. The volume of grain transhipped at the terminals has exceeded 1.1 million tons, which is 30% more than last year. Grain is conquering increasingly better positions in the transit sector, and port enterprises are quickly adapting to these market conditions. In recent years, the infrastructure for transhipment and storage of agricultural products at the Port of Riga has been developing rapidly. New warehouses are being built at terminals, companies are continuing to expand and new players are entering the segment.

    Edvins Kozlovskis (Edvīns Kozlovskis), representative of Port Milgravis Ltd., says: “Port Milgravis Ltd. started to engage in the grain cargo segment 3 years ago by building two new warehouses. This year, the company already has six warehouses, and each one can store more than 15 thousand tons of grain. We are currently planning construction of three more warehouses.” Port Milgravis Ltd. only tranships production of Latvian and Lithuanian farmers. As noted by Kozlovskis: “The quantities of grain that are only provided for transhipment by Latvian and Lithuanian farmers are really surprising.”

    In total, 12 different terminals of the Freeport of Riga are involved in handling crop products this year. In the field of grain transhipment there is a very positive trend, that different port terminals cooperate with each other, rather than compete. The large PANAMAX-type vessels, with grain cargo capacity of around 60,000 tonnes, are often loaded jointly by several companies to prevent ship downtime and speed up the loading process.

    A year ago another major player, Alpha osta Ltd., entered the crop cargo handling segment. This is a story about the ability of the companies of the Port of Riga to adapt quickly to changing market conditions. Since the 1990s, at the Port of Riga, a company could successfully operate in the field of transhipment of mineral fertilizers, but due to the geopolitical situation and political decisions on shifting of Russian cargoes only to Russian ports, mineral fertilizer cargo volumes rapidly decreased and new business niches had to be found. Now the complex of six dome-type warehouses is fully customized for handling grain.

    The warehouse complex can store up to 120 thousand tons of grain. It is enough to load even two PANAMAX-type vessels. The ship loading speed is also impressive. The head of the operational service of Alpha osta Ltd., Vladimirs Kuzmenko, says: “Our grain reloading record is 22 thousand tons per day. At the moment, we are the only grain terminal in the Baltics with such speed and capacity of loading."

    A lot of effort has been put in and investments have been made in the full adjustment of the mineral fertilizer terminal for the storage and handling of grain. The huge dome-type warehouses are suitable for storage of grain, equipped with temperature and humidity sensors. The conveyor line system, which has a total length of about 3,000 meters, is also adapted to grain handling. The cargo loading processes are fully automated. About 65% of the grain transhipped by Alpha osta Ltd. originates from Russia, with the remaining part from Latvian and Lithuanian farmers. The main destinations for crop cargoes are North African countries and the Persian Gulf states.

     




2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018