A 25 percent reduction in the alcohol excise duty in Estonia may lead to fewer Estonians traveling to Latvia to purchase alcohol, but also more Finns traveling to Estonia again to buy it. Source: news.err.
https://www.ferryshippingnews.com/estonian-alcohol-duty-set-to-be-lowered/
Last week the first cargo container was shipped from the largest container terminal in the Port of Riga, the “Baltic Container Terminal”, to Ninbo, China marking the launch of the newly-established Chinese (Ninbo) – Latvian trans-border e-commerce hub. The first container was filled with paint products from Riga Varnish and Paint Factory. To celebrate this new beginning, an official opening ceremony was organised by the Embassy of the People’s Republic of China in the Republic of Latvia, the...
https://container-news.com/chinese-latvian-ecommerce-hub-sends-first-container/
Freight shipping by land and rail rose in Latvia last year, the latest data released on Monday, March 4 by the national statistics office showed.
Compared to 2017, total freight turnover in ton-kilometers grew 8.2 percent in 2018 as the amount of freight shipped in Latvia rose by 11.7 percent on year to 128.6 tons, statistics show.
Freight shipping by rail was up 12.5 percent and the turnover of rail freight increased by 19 percent.
Read more on Xinhua.
The post Freight shipping in Latvia rises in...
https://container-news.com/freight-shipping-latvia-rises-2018/
RIGA, Feb 12 (LETA) – In 2018, Latvia exported EUR 12.341 billion worth of goods, up 7.2 percent against a year before, while imports rose 10.1 percent year-on-year to EUR 15.461 billion, according to the data released today by the Central Statistical Bureau (CSB).
Latvia’s foreign trade turnover rose by 8.8 percent or EUR 2.25 billion from 2017 to EUR 27.8 billion at current prices in 2018.
In December 2018, Latvia exported EUR 943.671 million worth of goods, down 19.2 percent from November 2018...
Oslo-based Atlantica Shipping has reached a deal to acquire a pair of 2007-built MR1 product tankers from Vitoil’s Latvian Shipping Co., Allied Shipbroking reports. The Krisjanis Valdemars and Kandava, both 37,300 dwt and built at Hyundai Mipo, are currently on subs with the sale priced at $11.8m...
https://splash247.com/atlantica-swoops-for-latvian-shipping-product-tanker-pair/
From 2 October through 4 October, the CEO of the Freeport of Riga Ansis Zeltiņš, employees of the Freeport of Riga Authority and port companies represented the Port of Riga during the annual Belarusian Transport Week. Belarus is one of the current strategic target markets, where Latvijas Dzelzceļš AS together with the Ministry of Transport and other industry representatives are working hard to attract freight traffic and promote cooperation. The Port of Riga has set out clear objectives for the...