Latvia lures Asian investments

SIA Kronospan Riga, a company of the Kronospan Group, has taken over fourth largest cargo terminal in the Port of Riga.

The new Port of Jazan City for Primary and Downstream Industries includes facilities for containers, dry bulk, liquids and general cargo.

The port will use a US$12.6M grant to add a third berth for bulk cargoes at its Port Redwing facility.

ABP has concluded a new, long-term agreement with the UK’s largest independent producer of sand and gravel.

Russia’s coal producer CoalStar is planning to build a new port some 100 km east of the county’s largest Pacific harbour of Vladivostok. The new facility would have a total cargo handling capacity of 35 Mtpa, including 25 Mtpa of coal and 10 Mtpa of crude oil.

Port Milwaukee and The DeLong Company have celebrated the ground-breaking on a US$35M agricultural maritime export facility on the west side of Jones Island.