In January-March the Freeport of Riga handled 8,223,200 tons of cargo, down by 11.6% YoY. Coal transshipment fell by 8.8%, to 3,189,600 tons. Transshipment of oil products dropped by 43.3%, to 1,052,100 tons, wood pellets – by 3.5%, to 214,100 tons, while transshipment of ore surged almost 2-fold, to 99,800 tons. The port’s container throughput…
The Belarusian air carrier Belavia will get five Embraer aircraft on leasing terms in 2019-2020, Belavia Director General Anatoly Gusarov declared. The executive said: “We’ve finished negotiations with the Irish company Nordic Aviation Capital on acquiring five Embraer aircraft on leasing terms.” In line with the contracts Belavia will get three Embraer 195 aircraft and…
Ukraine is resolutely carrying out reforms so that to significantly improve the investment climate, President Petro Poroshenko stated in an interview with the German business newspaper Handelsblatt, the president’s press service reports. “We are resolutely implementing reforms to improve the investment climate significantly. The evaluation of the World Bank can be more trustworthy than the…
On April 4 Nibulon completed another stage of dredging operations on the Southern Buh River. Despite the adverse weather conditions, low temperature, and wind, the dredging operations have been performed according to schedule. According to the company, the dredging has been finished before spawning, as promised. The operations have been performed by Mykolaivets self-propelled dredger.…
Azerbaijan intends to significantly increase hazelnut production in 2018, according to the Azerbaijan Hazelnut Exporters Consortium. Its representative noted that the Consortium planned to increase production by almost 48%. “We plan to produce 60,000-65,000 tons of hazelnut in 2018, which is much more than last year. As for exports, this depends not only on increasing…
According to Lindaliini AS, operator of a high-speed ferry link between Tallinn and Helsinki under the Linda Line Express brand, there has been a delay in bringing a new vessel to the route. “The process of bringing the vessel to the route is currently still pending – unfortunately, it has taken slightly more time than…
The construction of the MAZ-Weichai engine factory has begun in the China-Belarus industrial park Great Stone. The joint venture established by the Belarusian automobile engineering company and the Chinese corporation Weichai is supposed to start making engines by the end of 2018. The groundbreaking ceremony took place in September 2017. Preparatory work – the development…