Port of Riga handles 13.8 % rise in Container volumes in first 7 months of 2017

Posted by Daily Shipping Times on 22-08-2017        Tweet

RIGA : The Port of Riga container volume increased 13.8% year on year to 245,200 TEU in the first seven months of 2017, reports Baltic Course. Latvia's biggest port throughput consisted 17.8% oil products followed by 12.2% container volume with timber coming in at 8.1% and chemicals at 7.2%.

Bulk cargo accounted for 12.4 million tonnes over seven months, up 1.6% year on year. General cargo volume was up 11.5% to 3.98 million tonnes and liquid bulk fell 33.8% to 3.6 million tonnes.

Coal volume dominated increasing 5.1% year on year to 7.36 million tonnes, amounting to 36.8% of all cargo. "Infrastructure and capacity of the Riga Port allows transportation of all kinds of cargo, allowing to maintain a stable position in the market also in a situation of complicated competition," said Riga Freeport Administrator Ansis Zeltins.

In the first seven months of 2016, the Freeport of Riga handled 21.23 million tonnes, and annual cargo turnover last year was 37.07 million tonnes, down 5.5% from 2015.