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Struggle to attract cargo traffic continues among Baltic ports

Nov 11, 2009
From wire reports

RIGA - Eastern European seaports will have to soon start looking elsewhere for business, writes news agency LETA. Due to this economic crisis, the container cargo market has substantially declined, while transport of oil products and coal has been at the heart of heated competition for ships in Russia and the Eastern European region. “The flow of traffic is centered mostly through the northern Baltic route coming out of Russia and Belarus, however, the situation around the eastern Baltic s ...

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