More Cargo, Less Passengers at Freeport of Riga

Latvia’s Freeport of Riga handled 41.08 million tons of various cargo in 2014, surpassing the 2013 volumes by 5.6 million tons, or 15.8%, and setting a new record for the port.

Overall, 23.73 million tons were handled in the dry bulk segment in 2014 that is by 10% or 2.16 million tons more than during the previous reporting period.

7.07 million tons were handled in the general cargo segment, which is by 4.3% more than in 2013. Container transshipment increased by 6.1% and reached 4.15 million tons.

The port handled a total of 10.28 million tons of liquid cargo, which is by 44.6% more than in 2013.

Last year, the Port of Riga welcomed almost 738 thousand passengers, which is by almost 12% less than in 2013. Passenger volume drop can be attributed to reduction of Tallink scheduled voyages in summer 2014.

“We have proved that the Port of Riga is a safe business partner, that is able to change with the times. Economic benefits and cargo security have always been and are the main concerns of our clients – therefore our investment into the port infrastructure and client-oriented approach was justified,” said Ameriks.

Image: Magnat Group