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Tag: Freeport of Riga Authority

Port of Riga to receive over US$65 million for infrastructure development

On 26 November, Latvia's Cabinet of Ministers approved a €64.5 million (around US$67 million) investment to develop the Freeport of Riga's infrastructure, aiming to...

Port of Riga CEO elected as new ESPO chair

The General Assembly of the European Sea Ports Organisation (ESPO) has unanimously elected Ansis Zeltiņš as its new Chair. Zeltiņš, who has served as...

Port of Riga companies embrace green energy for sustainable growth

WT Terminal, an active company within the Port of Riga, recently launched a solar panel park to partially meet its electricity needs with renewable...

Major solar park set to transform port of Riga into green energy hub

On 9 September, an agreement was signed between the Freeport of Riga Authority and Lithuanian company SNG Solar for the lease of land in...

Kronospan acquires major cargo terminal at Port of Riga

In early July, SIA Kronospan Riga, a subsidiary of the Kronospan Group, a wood-based panel manufacturing company, acquired KS Terminal, the fourth-largest cargo terminal...

Freeport of Riga Board elects new chairman and vice-chairman

During the latest Freeport of Riga Board meeting on 1 March, Sandis Å teins was elected as the chairman of the Freeport of Riga Board,...

Latvia, UK and Canada cooperate on ROC solution

The Port of Riga has joined a consortium comprising Latvia, the UK and Canada to develop a solution for a single Remote Operations Centre. This...

Port of Riga welcomes largest container ship in its history

On Sunday night, the container ship MSC Maritina V made its entrance into the port of Riga, marking the largest container vessel to ever...

European ports jointly seek EU funding to address environmental challenges

A newly signed Memorandum of Understanding (MoU) between Ports of Stockholm, Freeport of Riga Authority and Riga Ropax Terminal is expected to be the...

Port of Riga sees increased container numbers in 2022

The Port of Riga recorded an increased container cargo volume with 460,700 TEUs in 2022, with containers being the third largest type of cargo...
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Port of Southampton sets new records in cruise activity

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Stock Market Moves: Weekly Performance of Major Ocean Carriers

The container shipping industry experienced a dynamic week, shaped by macroeconomic trends, geopolitical events, and trade dynamics. Volatility in fuel prices, shifts in demand...
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