According to a recent statement by the Freeport of Riga, 62.4 million marine shipments were handled by Latvian ports in 2019; the total volume of cargo decreased by 5.7% compared to 2018. Taking into consideration that the traditional regional cargo flows tend to change, and that the volume of handled transit consignments has decreased in Latvia, this development can still to be considered fairly good. Namely, the largest ports of Latvia handled 41% of the total cargo volume in the Baltic States, amounting to 147 million tonnes.
Port of Riga
A Protocol of Agreement was inked several days ago between Freeport of Riga and province of Corrientes, in order to boost and expand both of the ports’ facilities. Through this agreement, the two sides aim to find ways to develop their bilateral trade and to enhance Argentinian produce exports via the Port of Riga.
The Port of Riga in Latvia announced it is working on 5G solution tests with LMT – a drone with artificial intelligence to determine pollution. The project uses a nascent drone traffic management platform being developed by LMT and Lufthansa Systems.
Following its plans on becoming a greener port, Port of Riga expects the arrival of the first two 100% LNG-powered vessels Containerships Polar and Containerships Nord owned by the CMA CGM group container line, that will call the port three times a week, while the port also expects a third LNG vessel in autumn.
As Port of Riga informed, four cruise ships called the port on Wednesday, June 19. This number is the largest ever that the port has hosted and reflects the ports capacity and potential. According to Riga Central Terminal Board Member Valdis Andersons ‘Given that the city’s zoning has changed, a vision of the future has been created in which we can handle RoRo cargo here, engage in passenger transportation and welcome cruise ships.’
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