NIB supports infrastructure investments at Klaipėda Seaport

• NIB has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support an infrastructure investment programme at Klaipėda Seaport in Lithuania.
• The financing will support upgrades aimed at strengthening maritime safety, increasing capacity, improving environmental performance, and enhancing security and operational resilience.
• The programme includes improvements to navigational infrastructure and port access, new passenger and cruise facilities, modernisation of Port Authority assets, and the deployment of low-emission solutions such as onshore power supply for vessels and Lithuania’s first green hydrogen production and refuelling hub. Investments also cover upgrades to radar systems and cyber resilience.

“These investments are not only about upgrading infrastructure – they represent a clear step toward the port of the future. Klaipėda Port is consistently strengthening its position as a modern, sustainable, and resilient logistics platform. By expanding capacity, deploying green technologies, and enhancing safety, we are building a port that meets today’s challenges and is ready for tomorrow’s opportunities – from growing cargo flows to advancing green energy solutions,” says Algis Latakas, CEO of the Klaipėda State Seaport Authority.

“Efficient and adaptable infrastructure is essential for ports operating in a changing economic and geopolitical environment. By combining operational efficiency with cleaner technologies, Klaipėda Seaport is enhancing its capacity and advancing more sustainable operations. At the same time, it plays an important role in supporting regional supply chain resilience and maintaining reliable trade links,” said André Küüsvek, President and CEO of NIB.

The investment programme will enable safer and more efficient maritime traffic, accommodate larger vessels, and increase cargo handling capacity. It also supports the diversification of port activities, including offshore wind logistics and green energy operations, while creating jobs and improving trade connectivity.

The cruise ship terminal, representing around 45% of the total investment, will support growing passenger traffic at the port. Other projects focus on improving maritime traffic conditions and operational efficiency. The onshore power supply system is expected to reduce greenhouse gas emissions for ships using the port, while hydrogen facilities will contribute to cleaner transport solutions.

The total cost of the investment programme is approximately EUR 111 million. Since 2002, NIB has concluded five loan agreements with Klaipėda State Seaport Authority, totalling EUR 92 million, to support port infrastructure development.

Klaipėda Seaport is Lithuania’s principal maritime gateway and the largest seaport in the Baltic countries. In 2024, the port handled approximately 35 million tonnes of cargo, representing nearly 40% of the regional market.

The Klaipėda State Seaport Authority is a strategic company in Lithuania’s transport sector, responsible for managing, developing, and strengthening the competitiveness of the country’s only seaport – Klaipėda. The company ensures safe, efficient, and environmentally sustainable port operations, creating conditions for the smooth movement of cargo and passengers and the growth of international trade. The company’s activities include the development and modernization of port infrastructure, ensuring navigation safety. The Klaipėda Port Authority actively invests in innovation, digitalization, and sustainability solutions – advancing green technologies, reducing emissions, and contributing to climate change mitigation goals.

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

For further information, please contact

Vilius Girkontas, Senior Banker, +358 10 618 0240, Vilius.Girkontas@nib.int

Elīna Neimane, Senior Communications Officer, +358 10 618 0871, Elina.Neimane@nib.int