• 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 April 24

17:30 Final caisson installed for Tuas Terminal Phase 1
17:07 Klaveness Combination Carriers ASA concludes the first contract of affreightment for its CLEANBU fleet
17:05 Oceaneering takes delivery of the advanced subsea construction support vessel
16:37 COSCO SHIPPING signs a strategic cooperation agreement with Yangzhou
16:34 MOL co-own world 6 largest Liquified Ethan Carrier with Reliance
16:26 Port of Vysotsk three-month cargo throughput rose 12% to 5 million tonnes
16:05 Tanjung Bruas Port expands its services to container ships
15:46 HMM to expand cooperation with FESCO
14:41 Primorsk oil port’s throughput rose 5% in Jan-Mar to 14 million tonnes
14:29 Rosmorport picks Oil Terminal Lavna to provide berths for its ships docking in Murmansk
13:42 Ust-Luga Port’s three-month volume up 8% to more than 26 million tonnes
13:35 Port of St.-Petersburg Q1 cargo volumes rise 3% to 14.26 million tonnes
13:22 FPU Akademik Lomonosov completed trials of nuclear power plant
13:03 Russian Gov’t released orders on the purchase of domestically-produced equipment for transport infrastructure expansion programme
12:47 VDB to develop design of an 18MW icebreaker for Rosmorport
11:18 Daltransugol terminal reaches 150-millionth-tonne milestone since the facility commissioning
10:11 Crude oil futures edge down to $ 74,16 (Brent) and to $ 65,95 (WTI)
10:07 Global Ship Lease announces new long-term charter agreement with Maersk Line
10:03 Baltic Dry Index gains 31 pts to 821 points
09:07 Long Beach Harbor Commission approves new Strategic Plan
09:03 Bunker Market this morning 24th April
08:07 GTT receives a new order from Hyundai Samho Heavy Industries to design the tanks of an LNG Carrier for NYK
07:37 CMA CGM to apply GRI for frozen seafood and snow crab exports from Canada East Coast to worldwide destinations (excluding Africa, EEA, Russia and USA)

2019 April 23

18:24 Russia’s inland waterways Moscow basin ready to open for navigation as of April 24
18:16 NOVATEK’s AGM approves 2018 dividends
17:36 ABS, Google Cloud and SoftServe Partner to demonstrate feasibility of AI-enabled corrosion detection on ships and offshore structures
17:10 NOVATEK elects new board of directors
17:06 Fincantieri acquires control of Insis
16:47 President Vladimir Putin takes part in keel-laying ceremony for frigate duo at Severnaya Verft in St. Petersburg
16:40 SITC holds naming & delivery ceremony for M/V “SITC SHIDAO”
15:08 Kozmino Oil Port conducts the OSR drills
14:12 Zelenodolsk Shipyard to authenticate keel of 10th Grachonok-class counter-sabotage boat
13:31 Far Eastern ports see bunker price mixed movements
13:04 NSCP BoD vote to pull out of Novorossiysk Grain Terminal
13:02 RoRo MV joins Wallenius Wilhelmsen’s fleet
12:26 MABUX: Bunker Market this morning 23rd April
12:18 Nizhny Novgorod water development project task team eases most of environmental concerns
12:15 Wallenius and Swedish Orient Line form new Swedish shipping company – WALLENIUS SOL
11:24 Crude oil futures gain to $ 74,31 (Brent) and to $ 65,87 (WTI)
10:53 Albwardy Damen receives MASTECH award for the new Damen Multibuster 8020
10:51 RZD president slams proposal to ban the rail transport discounts during inland navigation period
10:08 RSPP to submit to Russian Gov’t water transport development proposals after May 22
09:27 Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers
09:16 Port of St. Petersburg joins the city-wide subbontik
08:23 North Carolina Ports welcomes first 12,000 TEU vessel

2019 April 22

18:29 President Vladimir Putin to kick off loading of an LNG cargo to Coral Anthelia in Vysotsk, April 24
18:04 Bahri explores maritime opportunities in Africa at Logismed
16:57 Federation Council approves the crab fishing quotas bill
14:45 Newspaper of Sea Port of St. Petersburg receives Best Corporate Edition 2018 Award
14:27 MOL to install AR navigation system on 21 VLCCs
14:26 Spot market price for Russian M100 product ended week lower at an average of RUB 19,431 pmt
13:07 Nobel Bros Shipyard re-launches refurbished pusher OTA-953
13:01 Seadrill Partners LLC receives early termination notice for the West Capricorn contract
12:06 Rosmorport invites to submit proposals for LS marine fuel supply at Sakhalin based Port of Shakhtersk
12:00 BP and partners sanction $6 billion Azeri Central East development offshore Azerbaijan
11:10 Int’l Neva 2019 Expo to present the hall of small crafts building achievements
11:00 Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
10:26 Crude oil futures soar to $ 73,81 (Brent) and to $ 65,53 (WTI)
10:05 DEME Offshore announces Moray East wind farm Tier One suppliers
09:58 Eni, CDP, Fincantieri and Terna join forces to develop power plants on an industrial scale