Lithuania's Klaipedos Smelte sees a steep drop in cargo turnover

  • 2020-02-27
  • BNS/TBT Staff
Klaipedos Smelte, the largest stevedoring company in Lithuania, saw its cargo turnover drop 34 percent to 254,000 TEU last year, from 387,000 TEU in 2018, after large container ships stopped arriving in the port of Klaipeda last spring and the volumes of cargo redistribution to the Baltic seaports went down. And its general handling volumes went down by 35 percent. In January alone, year-on-year, container terminals' handling volumes plunged almost four times from 40,000 TEU to 11,5700 TEU. Rimantas Juska, head of Klaipedos Smelte, which is indirect...
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