Ocean Network Express (ONE) has established a new weekly cargo shipping connection between the Baltic Sea and the Iberian Peninsula. The new route, named the Iberia Baltic Express (IBX), will operate through the Port of Riga in Latvia. This service aims to improve trade links and efficiency for cargo moving between these regions. The IBX route is expected to facilitate faster and more direct shipping options for businesses. Details regarding the types of cargo and specific ports beyond Riga and Iberia were not immediately available. The launch signifies increased connectivity for Latvian and Portuguese trade. This new connection is anticipated to boost economic activity in both Latvia and Portugal.