Posts tagged ‘port’

18. VEXOIL Bunkering Ltd.

We would like to introduce you our company – “VEXOIL Bunkering” Ltd, which is one of the leading bunkering companies in Riga port, Latvia. Our company was found in August of 2003 as the result of significant changes in mother company “LIDONAFTA”. Company’s bunkering department started its operation in 1997 and in 2003 it was decided to establish a new independent bunkering company.

Our team have been successfully developing business and presence in bunkering market at Riga Port through years. This gave us the possibility to build a new and technologically modern oil terminal in the territory of Riga Port in 2003. This terminal has been successfully launched in September, 2003. This gave us opportunity to increase our product turnover four times in a couple of months, and we are searching for new contacts and customers, because our human and technological resources are far from the limit.

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14. I. Sokol, Alpha Osta Ltd.

The main business of Alpha Osta – rendering of stevedoring services for transshipment of mineral fertilizers in Riga Seaport. Presently the terminal’s infrastructure includes five berths of the total length 565 meters and depth 13,5 meters, making it possible to accept for processing large-capacity ships like Panamax. To ensure covered storage of cargoes, the company offers 6 domed warehouses of capacity to 20 000 tons each. The Igor Sokol Member of the Board warehouse complex of total capacity 120 000 tons makes it possible to store various types of cargoesseparately, efficiently preserving their properties andfeatures. The cargo turnover of the company is about 2 million tons per year. The Alpha Osta staff consists of 138 persons, in the sphere of stevedoring services – 126 persons.


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13. L.Loginovs, Chief Executive Officer of the Freeport of Riga. Free Port of Riga – One of the Main Points of the Eurasian Trade Route.

Thousands of ships have circumnavigated the Earth for innumerable times, thousands of hours have been spent on the air on our way to business partners, millions of tons of raw materials have been brought to factories, millions of tons of fuel have been burnt, and goods at the value of milliards of dollars have been delivered to our homes.

We try not to reason about this on a daily basis, but when we evaluate our life within a definite period of time, we see how far we have moved away from the moment when we estimated the results of the previous year. For entrepreneurs working in Latvia’s conditions this task is easier to be accomplished, since the markedly seasonal parts of the year come to aid – one realises the benefits of the summer that has passed, or what can be expected from autumn. However, more and more frequently these limits use to vanish in international business, since transactions on Planet Earth take place day and night, every second.

When looking back to the year 2010 in the Freeport of Riga, the conclusion can be made that the year has passed under rather complicated conditions, but however, all-in-all it has been successful. We have survived consolidation of the state budget, recurrent and essential tax increase, we have elected deputies for the Saeima and worked in the sweat of our brow, we have recently declared extraordinary elections, but notwithstanding all this, we are hopefully looking forward to future.

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