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<< Rail News Home: Intermodal

11/15/2012    



Rail News: Intermodal

Baltimore, Estonia ports forge formal cooperation pact



Last week, the Maryland Port Administration (MPA) announced it signed a memorandum of understanding with the Port of Tallinn, Estonia, to establish formal cooperation between the Port of Baltimore and Estonian port to help increase maritime business opportunities for both.

Under the agreement, the administration and Tallinn port can elect to undertake joint marketing efforts to generate new shipping business, share data that may be helpful in forecasting future trade flows and exchange information on training programs, MPA officials said in a prepared statement.

"We look forward to utilizing this agreement as a way to generate new cargo opportunities and to share best practices with the Port of Tallinn," said MPA Deputy Executive Director Kathleen Broadwater. "Tallinn is the largest port in Estonia and their business profile includes some of the same focuses as ours — containers, roll on/roll off and cruise."

Estonia and the port are a potential gateway for American producers and logistics services providers whose target market is the Russian Federation, CIS countries and Baltic Sea region, said Port of Tallinn Chief Executive Officer Ain Kaljurand.

The MPA has similar agreements with other international ports, including those in Africa, Egypt, India, Italy, Japan and Poland.


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