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Planning to restructure port dues in the Freeport of Riga

During the Board meeting on Friday, 12th of April the first project regarding the new order of port dues’ determination was examined.

The Freeport of Riga will take credit of USD 500 000 to invest it in the ferry company

The Board of the Freeport during the meeting on Friday decided to announce international tender regarding USD 500 000, which will be invested in the ferry company "Rigas juras linijas" Ltd.

"Latvijas Unibanka" and "Unilizings" will finance the new granule factory in the Freeport of Riga

During March of the current year "Latvijas Unibanka" has signed an agreement with "Gaujas granulas" Ltd. on financing the new wooden chip granule factory construction in the Freeport of Riga. The scheme of financing shows that in order to purchase the equipment an agreement with "Unilizings" will be signed. In accordance with the agreement that determines refunding period of 6 years and a possibility to extend it, EUR 3 million will be invested in the construction of the new factory.

The Riga City Council and Freeport of Riga authority will own the majority interest of the new ferry company

The Riga City Council and the Freeport of Riga Authority will own the majority interest of the forming agent company "Rigas juras linijas" (RJL), which is planning to operate the ferry line Riga - Stockholm.

Press conferences will be organised in order to inform about the Board of the Freeport decisions

In order to inform public regarding the decisions made during the Board of the Freeport meetings further on the Press conferences for mass media will be held on Mondays at 11 o’clock.

The cargo turnover in the Freeport of Riga has increased by 14,5%

During January of the current year 1 262 100 tons of cargo were handled in the Freeport of Riga, which is by 14,5% more than during January 2001.

The cargo turnover in the Freeport of Riga during the last year has risen by 11,5%

During 2001 the Freeport of Riga handled 14 883 900 tons of cargo, which is by 11,5% more than a year ago.

Regulations on the Freeport of Riga territory enlargement come into force

Today the Regulations on the Freeport of Riga territory enlargement adopted by the Cabinet of Ministers come into force. The Regulations determine Freeport territory of 7337,7 hectares, of which 2520 hectares are land and 4818 hectares are water.

Planning to build oil terminal in Daugavgriva

"Baltic Oil Terminal" Ltd. during the nearest year is planning to build oil product terminal in the Freeport of Riga, Daugavgriva, the capacity of which would be up to 10 million tons of oil products per year. The construction of the terminal could cost up to 150 million USD.

Riga - Luebeck ferry line renewed

Today the ferry "Sea Symphony" will renew operation in line Riga – Luebeck, at 14:00 the ferry will leave the port of Luebeck.