Lithuanian
Transport Ministry to propose rebuilding tracks to Latvia
BC, Vilnius, 16.11.2017.
Lithuania's Transport and Communications Ministry will
suggest to the government rebuilding the railway stretch from Mazeikiai to
Renge, Latvia, which recently caused the European Commission to impose a EUR 28
million fine for Lietuvos Gelezinkeliai (Lithuanian Railways, LG), informs
LETA/BNS.
"Our proposal to the government will be to rebuild
Renge. We have to give an answer to the (European) Commission by December 18 on
the steps we plan to take in case of the fine. Rebuilding Renge will be part of
the decision," Transport and Communications Minister Rokas Masiulis said
at a news conference in Vilnius dedicated to the meeting of his three Baltic
colleagues.
Latvia's Transport Minister Uldis Augulis expressed belief
that Lithuania would rebuild the tracks dismantled in 2008, however, did not
specify whether Latvian companies would file claims against Lietuvos
Gelezinkeliai for compensation of damages.
"I truly hope that the Lithuanian side would take into
consideration the European Union proposals and rebuild the missing part of the
railway (…). Latvian businessmen will look at their losses and decide on
further steps. We cannot guarantee anything," the Latvian minister told
the Vilnius news conference.
Lietuvos Gelezinkeliai, the Lithuanian state-run company,
has announced plans to rebuild the 19-km tracks from Orlen Lietuva's factory to
Renge and thus eliminate the violation that was slammed with the EC fine. At
the same time, the company pledged to file a claim against the EC fine in an
effort to reduce it and defend corporate reputation.
The government should decide on correction of the violation
by Dec. 18, the deadline for the appeal against the EC fine.
http://www.baltic-course.com/eng/transport/&doc=135110
Klaipeda
Container Terminal to work with China's Cosco Shipping
BC, Vilnius, 14.11.2017.
Klaipedos Konteineriu Terminalas (Klaipeda Container
Terminal), one of the biggest stevedoring companies in Klaipeda, has managed to
attract one more shipping line, China's Cosco Shipping, the Vz.lt news website
reported on November 13th, cites LETA/BNS.
Cosco, which until now used the service of other feeder
lines in Klaipeda, will come to the Lithuanian port with its own ships every
week starting next month, it wrote.
Klaipeda will be one of the ports on the company's
Gdansk-Helsinki-Riga-Klaipeda route to generate container traffic for large
ocean-going vessels from the Polish port of Gdansk to the Far East and back.
Klaipedos Konteineriu Terminalas currently works with
around ten container lines, including X-Press Lines, Yang Ming, Unifeeder, Containerships,
OOCL and others.
Klaipedos
Nafta to invest up to EUR 21 mln in embankment reconstruction
BC, Vilnius, 15.11.2017.
Lithuania's oil product and liquefied natural gas (LNG)
terminals operator Klaipedos Nafta (Klaipeda Oil) intends to invest up to 20.9
million euros (including VAT) in reconstruction of embankments, reports
LETA/BNS.
The company said its shareholders would be asked on Dec. 6
to give a green light to the board decision to reconstruct two of the port's
embankments.
Constructed in 1963-1964, the depth of the embankments
should be increased to 17 m, which would enable the oil terminal to accept
three tankers instead of the current two.
According to earlier reports, Klaipedos Nafta plans on
investing 49.5 million euros in expansion of its oil terminal, with plans to
build 12 new reservoirs for light oil products, a new unloading bridge and a
railway.