Latvia
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Containers
Burnt boxship docks in Riga
A fire-struck, evacuated boxship has been boarded, brought under control and towed into the port of Riga where it is…
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Containers
Dutch boxship blaze off Latvia
The crew of a Dutch-registered 1,349 teu containership called Escape have been evacuated after a fire ripped through the vessel…
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Renewables
Eolus brings in PND for 1 GW Latvian offshore wind play
Renewable energy developers Eolus of Sweden and Germany’s PND have created a joint venture to develop an offshore wind project…
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Renewables
RWE sets sights on Latvian offshore wind
German utility RWE has teamed up with Latvia’s state-owned Latvenergo, one of the largest power suppliers in the Baltic States,…
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Containers
Latvian freight forwarder enters the liner trades with new service to Poland
Fields, a Latvian freight forwarder, has debuted its first liner service. The Riga-headquartered firm is marketing its FDL1 service which…
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Renewables
Ørsted and Enefit team up on Baltic offshore wind
Danish green energy giant Ørsted has partnered up with one of the leading regional renewable energy providers Enefit to establish…
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Europe
Atlantica swoops for Latvian Shipping product tanker pair
Oslo-based Atlantica Shipping has reached a deal to acquire a pair of 2007-built MR1 product tankers from Vitol’s Latvian Shipping…
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Europe
Vitol likely to take Latvian Shipping Company private
A Dutch subsidiary of energy giant Vitol, which has become the majority shareholder of Latvian Shipping Company (LSC), is looking…
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Europe
Vitol ups stake in Latvian Shipping Company to 70%
A Dutch subsidiary of energy giant Vitol has bought some 39m shares, equivalent to 19.62% of the total voting capital…
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Europe
Latvian Shipping Company completes $121m refinancing
Latvian tanker operator Latvian Shipping Company has completed a $121m refinancing with a syndicate of three banks. The company reached…
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Europe
Latvian Shipping company extends loan facility
Latvian tanker operator Latvian Shipping Company has reached agreement with the syndicate of three banks to refinance the outstanding balance…
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Europe
Latvian Shipping Company extends tanker loans
Latvian Shipping Company has extended the tenor of its $33.2m loan with Crédit Agricole Corporate and Investment Bank by a…
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Europe
Latvian Shipping Company plans IPO
Latvian Shipping Company (LSC) will push ahead with an initial public offering next year in a bid to raise EUR80m.…
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Europe
Latvian Shipping Company upgrades fleet
Oslo: Eight tankers belonging to Latvian Shipping Company (JSC) will be drydocked in Riga from May to July for $6m…
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