Rail Baltica will not pass through all of Riga before 2030. Latvia is missing three billion euros for the completion of the line through its capital city. The city has been a major obstacle for the construction of the line, and the entire project risks losing one billion euros in EU funding if not completed…
Category: Rail Baltica
Lack of Baltic commercial operators hinders intermodality, says Samskip
A lack of commercial operators hinders the development of intermodal routes in the Baltics, according to Dutch logistics company Samskip. The company would like to create an extended rail link to rail for its new shortsea service to Klaipeda, but the absence of commercially operated intermodal routes proves to be a major hindrance. However, the…
Rail Baltica Estonia signs new contracts, optimistic about progress
Rail Baltica Estonia has signed new construction contracts for a part of the Rail Baltica mainline in the northernmost Baltic country. According to the project’s organisation, the newly signed contracts covering 16 kilometres of its Estonian section are a ‘significant milestone’. The organisation also expresses optimistism about the construction progress of the rail line. The […]
Estonian Railways’ losses expected to worsen in the coming years
The losses of Estonian Railways are expected to continue and worsen in the coming years. Earlier, Estonia reported a decline of 43 per cent in freight volumes following sanctions on Russian goods. The loss of freight volumes has led to passenger transportation exceeding freight transportation, according to Estonian Railways’ commercial manager Arthur Raichmann. Whereas 9,5 […]
EU: Rail Baltica needs to be done by 2030 with or without Riga
The European Commission has been clear about its demands for the construction of Rail Baltica. The railway needs to be finished and have trains running by 2030 to continue funding. A key question is whether or not Latvian capital city Riga will be connected to the line by that time. In Latvia, the Rail Baltica […]
EU: Rail Baltica needs to be done by 2030 with or without Riga
The European Commission has been clear about its demands for the construction of Rail Baltica. The railway needs to be finished and have trains running by 2030 to continue funding. A key question is whether or not Latvian capital city Riga will be connected to the line by that time. In Latvia, the Rail Baltica […]
The latest Military Mobility funds are in: here are the rail highlights
The latest round of Military Mobility funds provided by the EU Commission as part of CEF has been approved. Railway projects are once again highlighted. Of the 807 million euros released by the Commission, approximately 485 million euros will target railway infrastructure projects. Eight out of thirty-eight projects will also directly impact freight. According to […]