1. The Role and Development Perspectives of the
Port of Riga on the Competing Market
of Eastern Baltic Sea Region
Viesturs Silenieks
Vice Chairman of the Board
Freeport of Riga Authority

2. Presentation Outline
• Port of Riga in 2010
• Role of Port in the Eastern Baltic Sea Region
• Port Connections
• Key Performance Indicators
• Port Development Strategy
• Investment Opportunities
2

3. Port in 2010
Freeport of Riga in 2010
• By cargo turnover Latvia’s biggest port and
the third biggest port in the Baltic States
(30 mln.t)
• Multifunctional port with cargo handling
capacity 45 mln.t/year
• Port accounts for 5 200 direct and close to
15 000 indirect work places
(railway, forwarding, agencies, trucking, etc
.)
• Total port revenues reached EUR 402 mln
and net profit EUR 46 mln
• Taxes paid into the state and Riga
municipal budgets - EUR 28 mln
3

4. Role in EBS Region
The Baltic Sea – a Region of Strong Port Competition
RUS 176,6 mln t
LAT 59,7 mln t
LIT 40,3 mln t
EST 36,6 mln t
FIN 26,9 mln t
Eastern Baltic Sea Region
11 ports compete for cargo
to/from Russia
Total cargo turnover at the
ports of the Eastern coast of
Baltic Sea reached 340 mln t
in 2010
4

5. Role in EBS Region
Cargo Turnover at the Ports of Eastern Baltic Sea
Region (mln.t)
90
78
80 2008
70 Rīga 2009
58
60 22% 2010
50
40 36
31 30
30 25
20 16 15 13 12 11 9
10 4
1
0
Riga
Kotka/Hamina
Ust-Luga
Butinge
St.Petersburg
Tallinn
Klaipeda
Kaliningrad
Liepaja
Ventspils
Visock
Helsinki
Vyborg
Primorsk
Riga
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6. Role in EBS Region
Dry Bulk Cargo Market
in Eastern Baltic Sea Region in 2010
Vyborg Dry bulk
Helsinki 0.9% Riga
1.0% 21.1%
Liepaja Total dry bulk
2.3% cargo turnover
Visock at the ports
St.Petersburg
2.8% of EBSR
19.7%
Kotka/Hamina 82.6 mln. t
3.5%
Kaliningrad
Tallinn Klaipeda
3.9%
6.7% 14.2%
Ventspils
10.6% Ust-Luga
13.2%
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7. Role in EBS Region
General Cargo Market
in Eastern Baltic Sea Region in 2010
Vyborg
Ust-Luga 0.3%
1.2% General cargo
Liepaja
2.6% Total general
Ventspils St.Petersburg
cargo turnover
2.7% 34.2%
at the ports
Kaliningrad of EBSR
3.6% 74.3 mln. t
Tallinn
7.1%
Helsinki
13.3%
Riga
8.7%
Klaipeda Kotka/Hamina
13.0% 13.3%
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8. Role in EBS Region
Liquid Bulk Cargo Market
in Eastern Baltic Sea Region in 2010
Liepaja Liquid bulk
0.3%
Kotka/Hamina Primorsk Total liquid
1.7% 42.5% bulk cargo
Riga turnover
3.6% at the ports
of EBSR
Kaliningrad 183.1 mln. t
4.0% Tallinn
Klaipeda 14.1%
Butinge 5.4%
4.9% Visock St.Petersburg
6.9% 9.0%
Ventspils
7.7%
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9. Connectivity
Regular Liner Services
Regular Liner Services
MSC
CMA-CGM
Unifeeder
Team Lines
MannLines Multimodal
Containerships
Maersk
Tallink (ro pax)
9

10. Conectivity
Hinterland Connections
Dedicated Container Trains
Baltika-Transit
• A scheduled block train service with
two container trains per week
• Transit time 8-10 days
• Operated by FIS company
• 20 188 TEUs in 2010
“Zubr”
• Scheduled container Riga-Hairaton
train between Riga
and Minsk • A dedicated block train
(Belarus), with further service for the delivery of
deliveries via Orsha non-military goods to US
(Belarus) to Illichevsk troops in Afghanistan
(Ukraine) • Started in February 2009
• Average transit time 4 • Operated by
days TransContainer
• Average transit time 10-
11 days
10

11. Conectivity
EMMA - Eurasian Multi-Modal Alliance
Eurasian Multi – Modal Alliance
Since 2011 a joint venture EMMA was
established between Latvian forwarder SRR
and French logistics group GEFCO for
services to/from Riga to/from Central Asia
11

12. Performance
Cargo turnover at the Freeport of Riga (mln. t)
40 Total
Liquid Bulk
35 33.9
General Cargo
29.6 29.7 30.5
30 Dry Bulk
25.9
24.0 24.4 25.4
25
21.7
20 18.1
14.9
15 13.4
10
5
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
(estimated)
• Average annual growth rate 8.8%
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13. Performance
Main Types of Cargo in 9 months of 2011
Coal 39,0%
9 821,7 thous.t (+15%)
Oil products 23,1%
5 810,9 thous.t (+27%)
Timber 11,9%
3 000,1 thous.t (-14%)
Containerized cargo 9,1%
222 712 TEU (+20%)
Chemicals (fertilizers) 5,0%
1 252,7 thous.t (+21,4%)
13

14. Performance
Passenger Traffic
Ferry Passenger Traffic
• Tallink provides daily passenger connection
from Riga to Stockholm
• Number of Tallink passengers increased by
17% in 2010 (632 thous.)
• Tallink carried 100 000 ro-ro units (up to 15%
trucks ) in 2010
Cruise Passenger Traffic
• Cruise season of 2010 brought to Riga 64 cruise
ships and 58 564 cruise passengers
• Number of cruise calls is expected to increase
by 9.3% (70 calls) in 2011
• Number of cruise passengers is expected to
grow by 10.9% (65 000 passengers) in 2011
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15. Development
Development Projects (2010 – 2020)
6
Port Authority`s Investments
1 Deepening of the fairway to 15.5 – 17m 5 1
•
•
2 Multifunctional dry bulk terminals
on the Krievu sala
3 Modernization of the port’s railway network
•
•
4 Construction of the new railway bridge 2
Private Investments 7
3
•
5 Oil products terminal in Bolderaja
8
•
6 Natural gas handling terminal
3
•
7 New terminals on the Kundziņsala (fertilizer
terminal, container terminal, grain terminal
and logistics park) 4
•
8 Terminal for production and handling of
bioethanol
Total port investment portfolio 1.1 bln EUR
• Port Authority`s Investment 300 mln EUR
• Private Investment 757 mln EUR
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16. Development
Deepening of the Fairway (1/2)
13.5 m 12.5 m 10 m
16 m
Current depth of the fairway
16

17. Development
Deepening of the fairway (2/2)
15 m 10 m
12.5 m
17 m
Two-phase development:
• 1st phase:
2012-2014: canal depth -15m
• 2nd phase:
2014-2018: canal depth -17m
Widening of the canal from existing
100m to 135-165m
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18. Development
New Dry Bulk Complex on the Krievu sala
• Project: Relocation of Port
Activities from the City Center to
Krievu sala
• Project duration: 2009-2013
• Investment: EUR 153 mln.
• Territory: 56 ha
• Capacity 17-22 mln tons/year
• 4 berths of 1180 m total length
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19. Development
Diverse Cargo Terminals on the Kundziņsala (1/2)
• Total territory: 181 ha
• Project duration: 2010-2020
• Investment: EUR 239 mln.
• 5 terminals with different profiles:
containers, cold stores, fertilizer
terminal, grain terminal, logistics park
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20. Investment
Investment Opportunities in the Freeport of Riga
• Long-term leasing of land on attractive terms
(up to 45 years)
• 445 ha of land available for development
• Licensed company status and Free zone
regime allows to receive tax relieves
• Freeport Authority assistance in the
development of private terminal
infrastructure
• A favourable investment climate in Latvia
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21. Thank you for your attention!
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