The Mississippi Valley Trade & Transport Council

Riga Bulk Terminal invests in multi-functional terminal

(Posted on 14/05/18)

The company operating in the Freeport of Riga, SIA Riga Bulk Terminal, has invested several tens of millions euros in the construction of a new, modern and multi-functional bulk cargo terminal in Kundziņsala. Following global trends in the transport and logistics sector, this multi-functional terminal, which is able to ensure the handling of various types of bulk cargo by both loading onto and unloading from ships, ensures the diversification of cargo and significantly improves the competitiveness of both the company and the entire Port of Riga. During the construction of the second stage of the terminal, an automated warehouse with the capacity of up to 35 thousand tons has been constructed. The unique engineering and technical benefits of the warehouse have been praised and awarded first place in the competition “Latvian Construction Industry’s Annual Award 2017”, nomination “Production Plant”.

Riga Bulk Terminal handles various types of cargo in both unloading and loading. The terminal ensures the handling of the most diverse types of food and non-food bulk cargo. Likewise, a special-purpose line for the handling of clay soil is installed at the site and is used for the production of aluminium in Russia. Terminal technologies enable quick and effective loading and unloading of ships of different sizes, including Panamax-type ships.

“The new terminal is modern and multi-functional: we can work with different clients and different types of cargo, which enables us to be independent of many factors. Cargo logistics experts around the world admit that these days, forecasting long-term cargo flows becomes practically impossible; therefore, the only solution to maintain competitiveness in this industry is to construct multi-functional terminals, which are able to quickly adapt to ever-changing cargo flows and client requirements,” highlights Vladislavs Jakovļevs, CEO of SIA Riga Bulk Terminal.

The first stage of the SIA Riga Bulk Terminal was commissioned for use in 2014 and included construction of a pier suitable for Panamax-type ships, as well as the creation of a bulk cargo handling system. The second stage stipulates the construction of two automated bulk cargo warehouses with the combined storage capacity of 60 thousand tons, as well as the commissioning of a modern cargo-handling machine for use.