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Friday 20.01.2017 | Name days: Aļģirds, Orests, Oļģerts, Alģis

BATL: lack of comprehensive transit policy costs Latvia millions worth of cargoes

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU«Latvia’s largest ports have numerous advantages in terms of enhancing international competition and recovering leading positions on the global transit map,» – said President of Baltic Association – Transport and Logistics Inga Antane at TRANSBALTICA 2016 conference.

Mentioning advantages like the capacity of Latvia’s transit corridor and competitive costs, service quality and technological provision, BATL President mentioned the necessity to develop a single Latvia’s transit policy with a clear vision for the industry’s development in a long-term perspective.

«Considering the trends in the transport and logistics industry, Latvia has to develop a comprehensive transit policy to help enhance its positions on the global transport and logistics map,» – said Antane.

She mentioned that the lack of a transit policy costs Latvia millions worth of cargoes, which are instead diverted to other ports.

It is also worth keeping in mind that Russia has begun rapidly developing its own regional ports, which has resulted in reduced cargo flow through Baltic States.

«In the first months of 2016, Latvia’s cargo decline had already exceeded 20%. It is estimated that the decline may reach 30% later on. With that, it is vital to enhance cargo flow in Latvia. This can be done by exploring new markets, diversifying cargo flow and developing new cargo segments, as well as realizing new multimedia projects in China and Asia. Latvia has one particular resource – its ports. Unfortunately, this resource is not currently being used to enhance Latvia’s welfare,» – said Antane.

On Friday, 3 June, participants of TRANSBALTICA 2016 conference visited Ventpils Port, which is one of the leading deep-water ports on the eastern coast of the Baltic Sea.

«Companies working at Ventspils Port can provide different logistical solutions and advantageous transport connections for fast and high-quality transport service. Our advantages include good cooperation conditions, adapted manufacturing infrastructure and accessibility of strategic resources. All of it makes us easily reachable in the EU, CIS and Central Asia. Ventspils Port can become a hub connecting Asia and Scandinavia,» – says BATL President.

BATL represents companies present at Ventspils Port and companies important to Latvia’s transit and logistics industry – Ventbunkers, Ventspils Tirdzniecības Osta, Kālija Parks, Latvijas Naftas Tranzīts, Noord Natie Ventpils Terminals, PKL Flote, Ostas Flote, Minteral-Trans-Serviss, Baltic Coal Terminal, Seastar and Baltijas Ekspresis.

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