Latvia: ports will not return to former levels

Cargo turnover in Latvian ports is unlikely to return to its previous levels in the coming years, Elina Strodaha, a board member of the Latvian Stevedoring Companies Association (LSA), says. She emphasized that ports must seek new business models, including developing manufacturing, renewable energy projects, and technology. “Port authorities and companies have identified a number…

Ukraine: Russia targets key railway hubs

Since July, Russia has launched a wave of massive attacks on Ukraine’s railway infrastructure, targeting key junction stations. This was stated in a comment to Ukrinform by Oleksandr Pertsovskyi, CEO of the JSC Ukrzaliznytsia. “Shahed drones are massively attacking our key stations. Examples include attacks on Lozova station, Synelnykove station, and Koziatyn station. Essentially, they…

Baltic States: Spanish consortium signs 1.8-billion euro contract for Rail Baltica electrification

On September 15 in Vilnius, a 1.77-billion euro contract was signed for the design and construction of the Rail Baltica railway project’s electrification subsystem across the entire Rail Baltica route, the joint venture RB Rail AS announced. The contract, signed jointly with all three Baltic States, is worth 1.77 billion euros(excluding VAT). Electrification will be…