RIGA - If the Freeport of Riga does not implement its infrastructure development project on Krievu Island in the Daugava River in the nearest future, the state-owned railroad company Latvijas dzelzcels (LDz) and the port could lose 11 million tons, or one-fifth of LDz’s annual cargo. Their clients will turn to the Port of Murmansk and develop their terminal there, LDz President Ugis Magonis says in an interview with the business information portal Nozare.lv.Magonis explains that the competition in coal transportation among various ports is fierce, and the new terminal on Krie...
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