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Ceturtdiena 19.10.2017 | Name days: Drosma, Drosmis, Elīna

Competition between Russian and Latvian ports increases

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBaltic ports mainly handle the cargo going through the West-East corridor. This is why competition for this cargo in the region continues to increase, with Russian ports having a larger role each year.

The proportion of handled cargo at Baltic Ports has reduced from two-thirds to less than half of the Eastern coast of the Baltic Sea’s cargo turnover in the last decade. In 2012, the turnover of the East coast of the Baltic Sea reached 344 million tons, including 40% of the turnover of the ports of Baltic States, according to provisional results of KPMG Baltic Sea port turnover presented at the TransBaltica 2013 international conference.

In order to preserve competitiveness and the desired volume of handled cargo, Baltic ports will need to increase their efficiency, significantly improve their port and infrastructures, as well as increase service quality, as BNN was told by the authors of the survey.

In the last two years, the turnover of ten of the largest ports of the East coast of the Baltic Sea had increased by an average of 8% per year. An increase was noted in all three of Latvia’s largest ports, but that of Lithuania’s and Estonia’s ports had reduced in comparison to 2011.

Up to 65% of the cargo handled by the East coast of the Baltic Sea was oil products and coal. Crude, oil and oil product cargo country of origin was mostly Russia. Russian ports handle more than 70% of the total oil volume on the East coast of the Baltic Sea.

Primorsk Port holds the first place in terms of handling this type of cargo. Its main specialization is the handling of oil and diesel fuel. The second place is held by the Ustyug Port.

Baltic Ports mostly handle coal cargo that is shipped from Russian and Kazakhstan. The volumes of handled coal cargo have increased by an average of 18% since 2010. Riga Free port was the leader in this regard. Last year, however, Ustyug Port took away this place from Riga. Riga Free port still specializes in the handling of coal (40% of the total volume of handled cargo).

6% of the total turnover of ports situated along the East coast of the Baltic Sea was formed of mineral fertilizers. However its volume reduced by 17% in 2012, compared to the year before. Klaipeda port is an uncontested leader in terms of handling mineral fertilizers – the port provides nearly half of the total volume of cargo handled by Baltic Ports.

Of all of the ports active along the East coast of the Baltic Sea, only five have a notable container cargo turnover, which has been gradually increasing over the couple of years. The leader in the handling of container cargo is undoubtedly the St. Petersburg port (40% of the total turnover in 2012). There has been a gradual increase of container cargo handling at Tallinn, Kaliningrad and Riga ports in the last couple of years as well.

Ref: 102.109.109.7620


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