On August 25, Federal Government-Financed Institution “Center of Fishery Monitoring and Communications” (CFMC) of the Federal Fishery Agency in cooperation with Gonets Sattelite System OJSC, operator of State Space Corporation Roscosmos on communication systems, launched yet another vessel within the framework of the pilot development of electronic ship’s fishing log, says CFMC. The vessel will…
According to AS Tallink Grupp, the company earned 36 million euro of EBIDTA by the consolidated revenue of 245.2 million euro in second quarter of 2016 financial year. Compared to the year before, the number of transported passengers increased by 2.8% to 2.4 millions, the number of transported vehicles – by 3.8% and that of…
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…
In January-July Klaipeda Seaport cargo handling turnover increased by 4,2% YoY, to 23.15 million tons, or by 933,3 thousand tons, says the port’s press center. According to the rankings of the change of cargo throughput estimated in percent (4.2%) and the increase of cargo handling volumes estimated in tons (933.3 thousand tons) Klaipeda Seaport occupied…
Russia’s second-biggest airline group, S7 Airlines, reported its traffic increased by 29.5% YoY in July, while Aeroflot Group’s July traffic was up by 5.4% YoY. Working under the S7 brand, airlines Sibir and Globus carried 1.5 million passengers in July. Aeroflot and its subsidiaries carried 4.4 million passengers. Aeroflot Group includes Russian flag carrier Aeroflot,…
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…
Eurowings will terminate its Russian services at the end of the current summer season. A source said that its daily Berlin Tegel-Moscow Domodedovo route, launched in October 2015, had not lived up to expectations in terms of demand and revenue. The budget brand of the Lufthansa Group, Eurowings offers regular flights across Europe, as well…