Latvia Shipping: Report Q3 2014

Business Monitor International
July 30, 2014
115 Pages - SKU: BMI5305307
Countries covered: Latvia

Latvia Shipping: Report Q3 2014

The port of Riga, which holds the top position in Latvia's maritime sector in terms of both total tonnage andcontainer throughput, is set to post growth in 2014, with increases forecast both in total cargo and boxvolumes.

Riga has a strong position to build on in 2014 in terms of box throughput, enhanced by robust increase involumes over the last four years, and in terms of tonnage throughput, which demonstrated strong growth atthe beginning of the year.

Over the medium term, we project further throughput growth at the port of Riga and tonnage throughputgrowth at Ventspils, the country's second largest port in terms of the total throughput, which will try toresume recovery to its pre-downturn tonnage levels.



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