Port of Ventspils increased throughput by 17% in January-March 2017

Port of VentspilsThe Latvian port of Ventspils report growth in cargo handling by 17% yoy in January-March 2017, amounting to 7.1 million tons. The private terminals in the port handled almost 1 million tons of cargo more than the same period last year. The positive trend of the port continue during the beginning of the year, mostly because of growing trade in the region and the improvement of the port facilities. The volume of transshipment of coal, iron ore concentrate, pig iron and ro-ro cargo increased, while the transshipment of oil products continues to decline.

The throughput of Ventspils Nafta terminals in January-March 2017 decreased by 14% yoy or 0.4 million tons, reaching 2.5 million tons. The terminal Klija parks handled 0.115 million tons, while throughput of Eurohome Latvija terminal amounted to 0.219 million tons.

In March 2017, the port’s cargo turnover grew by 21% compared to March 2016 and amounted to 2.6 million tons.

Port Ventspils is located on the east coast of the Baltic Sea, equipped with terminals for loading and unloading oil, oil products, liquid chemicals, fertilizers, metal, coal, containers and ro-ro trailers. The port’s cargo turnover in 2016 was 18.8 million tons.