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On December 3, KPMG Baltics will present a study Competitive Position of the Baltic States Ports. The study focuses on the analysis of maritime cargo transporation in the Eastern part of the Baltic Sea and covers the main seaports of the Baltic counties and touches on key ports in Russia.
While the ports of the Baltic States have to make continuous effort to secure their competitive position in the region, the fact that they continuously retain an extensive share of Russian cargo transhipment is a sign of competitive advantage in particular types of cargo, which may be used as the basis for further development, is stated in the competitiveness study of the Baltic Sea ports conducted by the advisory firm KPMG. The study claims that the decisive role in the support of the competitive advantage of the Baltic ports will be played by port administrations, municipalities and government institutions.
The majority of cargo shipments in the Eastern Baltic Sea originate from or head to Russia and other CIS countries, and the Baltic States together still control 42% of cargo flows in the region, while the rest is shipped through the Russian ports. The Port of Riga, leading among the Baltic States in 2012, ranks 4th in the Eastern Baltic Sea region, right behind Primorsk, Ust-Luga and St. Petersburg.
The study contains quantitative data analysis and information obtained from in-depth interviews with more than 20 stakeholders, including port terminal operators and representatives of the port administrations, government institutions and transport and logistics organizations. To read the entire study click here.
KPMG Baltics invites AmCham members to find out more about the study to attend the presentation on December 3 at 10:30 at Hotel Bergs, Elizabetes 83/85. Please sign up by sending e-mail to firstname.lastname@example.org or phone +371 67038008 until November 28. Note that the admission is complimentary.
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