JSC  "Rigas  transporta flote" management informs that sea reefer cargo

transportation   market   situation   remains  complicated  and  crises

continue. Rates are low and prices on fuel continue to grow.

JSC  "Rigas transporta flote" has budgeted loses in the amount of USD 1

711 500.

But in case situation does not improve loses for 2000 could increase.