Ventspils’ cargo turnover up 18%; cargoes from Russia continue to decline

Ventspils’ cargo turnover up 18%; cargoes from Russia continue to decline

In July 2017, terminals working at Ventspils Freeport handled a total of 1.2 million tonnes of cargoes. In the first seven months of 2017, terminals of Ventspils Freeport handled 13.6 million tonnes of cargoes, which is 18% more than a year ago, as reported by

Organizations part of Baltic Association – Transport and Logistics were instrumental in securing increased cargo turnover for Ventpils Freeport. The balance turned out successful this time. However, companies remain cautious about the future.

The portal notes that the most major cargo increase is noted for stone coal cargoes and Roll-on/roll-off cargoes. The number of cargoes and passengers carried by Stena Line farriers continue increasing as well.

The ferry line between Nynäshamn, Sweden, and Ventspils, Latvia has been used by 29,507 passengers or 33% more compared with the corresponding period of 2016. The volume of ro-ro cargoes at Ventspils Freeport has increased by 208,000 tonnes or 21%.

Compared with June, the volume of cargoes handled at Ventspils Freeport has declined 0.4 million tonnes. The port handled a total of 1.6 million tonnes of cargoes in June.

«We have noticed since May that Russia has been turning away from its previously agreed plans, and the volume of actually handled cargoes was only 27.9% of the previously signed contracts in July. On top of that, cargo decline rate continues to speed up. While it was 15% at the beginning of the year, the rate reached 30% by spring and 70% in summer,» BATL President Inga Antane comments.


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