Stena Line opens a new Bordershop in Ventspils. It is another step in Stena Line strategy to offer its customers value for money products. Bordershops, selling cheap alcohol products, is a very attractive concept for Swedish travelers and the aim is to increase the interest for them to visit Latvia. “Ventspils-Nynashamn is an important route…
Freight volume handled in the Port of Liepaja in January-August declined by 0.4% YoY, to 3,353,000 tons, the Port Authority reported. In the reporting period grain shipments rose by 5.3% to 1,572,600 tons, construction materials dropped by 16.7% to 329,200 tons, timber was down by 37.8% to 227,900 tons, crude oil – up by 9.2%…
The Latvian Shipping Company and its subsidiaries (LSC Group) revenue for Q2 2016 was $50,08 million ($45,81 million in Q2 2015) with a stable net voyage result for the period of $44,92 million, the company said in its press release. The net loss for Q2 2016 was $6,66 million. Fleet operating profit was $30,17 million…
High-level officials from Estonia, Latvia and Lithuania on August 11, met in Riga to discuss the Intergovernmental Agreement between the states on Rail Baltica railway project implementation. According to Lithuania’s Ministry of Transport and Communications, it was the second round of consultations, after the first on held at the beginning of June. Representatives covered a…
Belarus’ proceeds from exports of petroleum products to Latvia grew by 55% YoY in January-June to $57 million, a source in the profile ministry reported. Belarus exported 154,235 tons of petroleum products in January-June to Latvia, up by 85% YoY. (Prime-TASS/Business World Magazine)