Latvia’s total volume of passenger traffic by all modes of transport increased in the first half of 2023, according to data from the Central Statistical Bureau, LSM reports. The number of passengers carried by land transport totalled 93.1mn, which was 22.9% more than a year earlier. Regular bus traffic carried altogether 52mn passengers, which was…
Estonia’s state-owned port operator, Port of Tallinn (Tallinna Sadam), generated sales revenue of EUR 57mn in the first half of 2023, which was almost unchanged from a year earlier, ERR reports. The port’s adjusted EBITDA fell by 12% from a year earlier. Net profit stood at EUR 7mn, which was down 42% over a year….
The Estonian shipping group, Tallink Grupp, posted unaudited revenue of EUR 400.9mn in the first half of 2023, which was up 28.4% from EUR 312.2mn in the same period of 2022, GlobeNewswire reports. Six-month EBITDA amounted to EUR 95.6mn (EUR 17.7mn) and net profit to EUR 28.0mn (EUR 40.7mn). In the second quarter of 2023,…
An investigation of the wreck of the MS Estonia passenger ferry has found no evidence that would contradict the official report on the accident, ERR reports. Märt Ots, director of the Estonian Safety Investigation Bureau (OJK), said that the international investigation team would build a digital model of the vessel in 2024. The final report…
The Estonian Safety Investigation Bureau (OJK) and the Swedish Accident Investigation Authority (SHK) are conducting an underwater investigation of the wreck of the MS Estonia passenger ferry, which sank in 1994, ERR reports. The investigation team has been filming the wreck and has raised several ship parts to the surface. The investigation, which uses Norwegian…
The cargo turnover of Latvia’s sea ports totalled 3.4mn tonnes in the first half of 2023, which was 14.2% less than in the same period of 2022, according to data from the Ministry of Transport, Baltic News Network reports. The Freeport of Riga handled 9.6mn tonnes of freight, followed by the Freeport of Ventspils with…
Estonian shipping company Tallink Grupp carried a total of 1,541,081 passengers in the second quarter of 2023, which was down 0.7% from 1,552,174 in the same period of 2022, The Baltic Times reports. The drop was mostly due to the fact that the company has chartered out 7 of its 15 vessels. Tallink transported 85,359…
The Estonian State Fleet (Riigilaevastik), responsible for managing vessels previously owned by multiple state agencies and enterprises, began full operations on 1 July 2023, Postimees reports. The State Fleet has nearly 300 vessels under management. The agency will manage watercraft and floating markings, icebreaking operations, and pilot services. Climate Minister Kristen Michal said that the…
