Estonia: Port of Tallinn Moves in Right Direction

Port of Tallinn (AS Tallinna Sadam) earned an unaudited half-year net profit of 20.2 million euros with company’s turnover reaching 59 million euros. Compared to last year the turnover increased by 7% and the net profit by 16%.

“The first half of this year introduced the best ever figures for Port of Tallinn, both financially and concerning the record number of passengers,” said Ain Kaljurand, the Chairman of the Management Board of AS Tallinna Sadam.

In May 2014 Port of Tallinn opened a new 9.34 million euro cruise ship quay in Vanasadam. The volume of bottom dredging amounted to a total of 12,300 cubic metres, and over 200 steel piles 30–46 metres in length were installed in the seabed in the course of the construction.

The quay enables Tallinn to moor cruise ships up to 340 metres in length, up to 42 metres in width, and with the draft of up to 9 metres.

The operator finished the installation of terminal devices in Muuga Harbor’s container terminal infrastructure and the terminal operated as planned by the end of the first 6 months of this year.

In six months the ports of Port of Tallinn were visited by cargo ships 1051 times and cruise ships 2327 times.

Press Release, July 30, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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