• 2018 November 16 13:32

    Entry fee for vessels to be changed at the Port of Ventspils in 2019

    For the purpose of partial compensation for the costs caused by the inflation, the Board of the Freeport of Ventspils has decided to increase on average by 8% port fees and service fees at the Port of Ventspils. Even after the changes to become effective as of 1 January 2019, fees of the Port of Ventspils will still be the lowest on the eastern shore of the Baltic Sea, thus providing the most competitive conditions for the private companies for operation at the Port of Ventspils, the ports says in a press release.

    The Freeport of Ventspils Authority collects port fees and service fees from the vessels entering the port to maintain and develop the port infrastructure – piers, shipping routes, loading areas, to provide safety of shipping traffic, as well as pilot, mooring and a number of other services. This is the main source of income to the Freeport of Ventspils Authority. In order to provide more competitive conditions for the private terminals operating at the port, the Board of the Freeport of Ventspils has consequently maintained position to provide the best quality at the lowest price. For long years, the best possible infrastructure is available to the terminals at the Freeport of Ventspils at the lowest price among the ports located on the eastern shore of the Baltic Sea.

    The current fees of the Port of Ventspils have been valid since 1 May 2008, and the only change was introduced in 2011, when tonnage fee for tankers was increased by 9%. Whereas, inflation has caused increase in costs by 12%, but increase in construction costs exceeds 18% since 2011. After the entry of the new fees into effect, entry fee for vessels at the Port of Ventspils will increase by approximately 8%, thus partially compensating inflation.

    It is important for the companies operating at the port that even after increase the fees of the Port of Ventspils will remain the most beneficial ones, because, first, increase in the port charges is low, second, it will still be far behind the level of fees applicable at the nearest competing ports – Riga, Liepāja, Tallinn, Klaipēda and Sillamae, which will represent up to 40% over the level of fees in Ventspils.

    In is essentially to note that the port fees of Ventspils contain a peculiarity, which is especially favourable to the private companies. Private companies (terminals and tugging service providers) will receive 30% per cent of even this lowest port fee, while in other ports this proportion is lower or absent at all.




2018 December 19

10:50 Regional workshop to address barriers for effective implementation of MARPOL Annex VI held at REMPEC
10:32 Brent Crude futures price down up 0.20% to $56.37, Light Sweet Crude – up 0.04% to $46.64
10:14 THE Alliance unveils enhanced service network for 2019
09:57 Finnish Transport Safety Agency set to contribute to automation of maritime navigation
09:35 FESCO BoD approved new composition of Executive Board
09:16 Baltic Dry Index is down to 1,395 points

2018 December 18

18:21 Uniper SE and MOL enter into agreement on FSRU project in Germany, and one additional LNG transportation agreement
18:00 Throughput of Chinese ports grew by 4.3% to 8.47 billion tonnes in 11M’18
17:46 Rolls-Royce to deliver advanced ship technology to two more expedition cruise vessels for Mystic Cruises
17:43 Aircraft carrier HMS Queen Elizabeth enters LR class
17:27 SOL adds Finnish port of Pietarsaari/Jakobstad to the Zeebrugge route network
17:04 Finnpilot Pilotage BoD decided for no increase in the pilotage fees for 2019
16:42 GTT bags yet another tank design order for LNGC duo
16:38 PRA starts construction of new plastics recycling facility at the Port of Amsterdam
16:25 Arctia and Meritaito join forces to expand their range of services
16:09 Crowley integrates DFTS management into government solutions group to unify supply chain services
15:42 KN enhances its relations with American LNG giants
15:18 BW Group Limited purchased 137,000 shares
14:53 Icebreakers of FSUE Rosmorport assisted 680 ships in navigation season 2018-2019
14:28 Shell Oman and Port of Duqm ink agreement to develop fuel bunkering facilities
14:11 Golar LNG receives LNTP for an FLNG vessel for Greater Tortue / Ahmeyim Project P1, West Africa
13:47 WEG and Praxis sign MoU to support Damen Saab bid for the Brazilian Navy
13:41 Eni gets approval of the investment plan for Merakes Development Project in Indonesia
13:22 Sovcomflot closes USD 264 million long-term revolving credit facility
12:58 Bunker prices are flat at the Far East ports of Russia (graph)
12:40 Antwerp, Belgium will host the 3rd European Environmental Ports Conference on 12-13 June 2019
12:19 Keppel receives limited notice to proceed for GIMI FLNG
11:57 3 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 17-18
11:35 Terna’s MONITA HVDC Project: Nexans reaches key milestone with successful completion of submarine power cable
11:10 Container throughput of port Hong Kong (China) down 5.4% to 17.96 million TEUs in Jan-Nov’18
10:46 Bunker sales at the port of Singapore in 11M’18 down 1.8% Y-o-Y to 45.49 million tonnes
10:23 Maersk announces rate increase for Far East to North Europe trade
10:05 Brent Crude futures price down 1.53% to $58.72, Light Sweet Crude – down 1.61% to $49.39
09:47 Austal export opportunity supported by Australian Government financing
09:31 Rosatom drafted Rules for providing navigational and hydrographic support in NSR waters
09:14 Baltic Dry Index is up to 1,406 points

2018 December 17

18:23 Sembcorp Marine retains its position as Asia’s top cruise ship repair and upgrade solutions provider with newbuilds projects delivered in 2018
18:02 USPA announced tenders for dredging in Mariupol and Berdiansk seaports
17:48 SITC holds naming and delivery ceremony for M/V SITC SENDAI
17:37 ONE to implement LSF surcharge in China and Taiwan
17:15 NCSP Group's consolidated cargo turnover for January-October totaled 116,946 thousand tons
16:41 Moody's reaffirms Panama Canal's A2 long-term rating with stable outlook
16:26 Port of Oakland shatters 11-year-old record for November imports
15:54 Yamal LNG will build one more natural gas liquefaction facility
15:27 Nor-Shipping and Nordic Innovation team up for “Sea Meets Land” funding initiative
15:17 PETRONAS releases Annual Activity Outlook report for 2019-2021
14:56 NOVATEK elects a new member to the Management Board
14:37 Average wholesale prices for М-100 HFO down to RUB 15,328 in RF spot market
14:13 Damen’s triple delivery for Murjan Al Sharq Marine Contracting
13:41 Pacific Fleet and Indian Navy warships practice inspection operation as part of Indra Navy 2018 Russian-Indian naval exercise
13:19 Queen Máxima christens Van Oord's TSHD Vox Amalia
12:58 9 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 16-17
12:36 Samsung Heavy Industries secures yet another contract for an LNGC
12:23 Saab secures shipping safety contract for Shangai container port
12:00 Composit supports the 6th Forum of Dredging Companies as its Sponsor
11:42 Milaha unveils large plans to upgrade its shipyard in Mesaieed
11:01 IBIA welcomes decision by IMO’s MSC to add new item to its agenda to address concerns about fuel safety
10:43 SENER to design passenger vessel for Tanzanian ferry operator
10:17 Brent Crude futures price down 0.02% to $60.27, Light Sweet Crude – up 0.21% to $51.58
09:58 Port of Singapore throughput in 11M’18 grew by 0.4% Y-o-Y to 575.44 million tonnes