NIB, Klaipėda Seaport sign infrastructure investment deal

Infrastructure

Nordic Investment Bank (NIB) has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support an infrastructure investment program at Klaipėda Seaport, Lithuania.

photo courtesy of Klaipėda State Seaport Authority

The program includes improvements to navigational infrastructure and port access, new passenger and cruise facilities, modernization 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 refueling hub.

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,” said Algis Latakas, CEO of the Klaipėda State Seaport Authority.

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

Also, the Port is Lithuania’s principal maritime gateway and the largest seaport in the Baltic countries. In 2025, the port handled approximately 39 million tons of cargo, representing nearly 41,4% of the regional market.