The infrastructure investor, having €450m of capital under its management, will put in around €38m (SEK400m) into the development of the Port of Gävle.
Leading a 15-strong delegation to Hamburg and Lübeck, Kaspars Ozoliņš, Under-Secretary of State in the Latvian Ministry of Transport, and Ingo Egloff, Joint CEO of the Port of Hamburg Marketing (HHM), signed a co-op agreement.
The 70mt of annual handling capacity Primorsk Multipurpose Transshipment Complex (PMTC), an investment valued at RUB90.6b (€1.21b), is planned to be up and running by 2022.
The 109 m-long catamaran ferry, to sail in the livery of Molslinjen in the Kattegat, has left Austal's Australian shipyard and is expected to arrive in the Baltic at the turn of February and March.
The GT 111.5k-big and 315 m-long cruise ship (some 20 m longer than the previous Mein Schiff 2) has been handed over, ahead of schedule, to her owners from TUI Cruises.
Kvarken Link has commissioned the Finnish Rauma Marine Constructions (RMC) shipyard to deliver a brand-new ferry to ply between Vaasa in Finland and Umeå in Sweden.
The Świnoujście-Ystad Maritime Link project has received €34m from the European Commission, which will cover approx. 26% of all expenses, set to amount to €132m.
