Freeport of Riga Doing Well

Freeport of Riga Doing Well

Compared to July 2013, the volume of various cargoes handled at the Freeport of Riga this year has increased by 15.8% – almost 3.5 million tonnes were transshipped within one month.

The volume of dry bulk cargo handled in the beginning of the current year increased by 10.4% compared to the first seven months of 2013. Overall, 13.1 million tonnes were transshipped during the first 7 months of 2014, which is more than half of the total volume of cargo handled at the Freeport of Riga.

A significant volume of freight is observed in chemical cargo segment, which can be explained by the new mineral transshipment terminal’s launch late last year.

During the reporting period the amount of the transshipped mineral fertilizers increased by 46.3% reaching 1.4 million tons.

Coal traffic grew by 8.6% when compared to seven months of the previous year.

In the general segment there is a 7. 1% increase compared to the previous year’s reporting period. Overall, 4, 1 million tons were handled within this segment.

Liquid cargo volume grew by 37. 5%, including oil products transshipment increase by 38%. Overall, 6.1 million tons of liquid bulk cargo was handled at the Freeport this year.

This year, the Port of Riga served 506 thousand passengers, that is by 2.2% more than during the first seven months of 2013.

Press Release, August 15, 2014; Image: Baltic Port

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