NIB Financing to Help Klaipėda Seaport Strengthen Regional Trade Links, Green Energy Operations and Supply Chain Resilience

Image: Klaipėda State Seaport Authority

(IN BRIEF) NIB has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support a EUR 111 million infrastructure investment programme at Klaipėda Seaport in Lithuania. The programme will fund upgrades aimed at improving maritime safety, expanding capacity, enhancing environmental performance, strengthening security, and improving operational resilience. Key projects include navigational infrastructure improvements, better port access, new passenger and cruise facilities, upgraded Port Authority assets, modern radar systems, cyber resilience measures, onshore power supply for vessels, and Lithuania’s first green hydrogen production and refuelling hub. The investments are expected to help the port accommodate larger vessels, increase cargo handling capacity, support offshore wind logistics and green energy operations, reduce emissions, create jobs, and improve regional trade connectivity. Klaipėda Seaport, Lithuania’s main maritime gateway and the largest seaport in the Baltic countries, handled around 39 million tonnes of cargo in 2025, representing nearly 41.4% of the regional market.

(PRESS RELEASE) HELSINKI, 26-May-2026 — /EuropaWire/ — NIB has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support a major infrastructure investment programme at Klaipėda Seaport, Lithuania’s principal maritime gateway and the largest seaport in the Baltic countries.

The financing will contribute to a broad programme of upgrades designed to improve maritime safety, increase port capacity, strengthen environmental performance, and enhance security, operational resilience, and long-term competitiveness. The investment package reflects Klaipėda Seaport’s role as a strategic logistics platform for Lithuania and the wider Nordic-Baltic region, particularly at a time when reliable trade links, adaptable infrastructure, and cleaner transport solutions are becoming increasingly important.

The programme covers several areas of port development, including improvements to navigational infrastructure and port access, the creation of new passenger and cruise facilities, and the modernisation of assets managed by the Klaipėda State Seaport Authority. It also includes investments in low-emission technologies, such as onshore power supply for vessels and Lithuania’s first green hydrogen production and refuelling hub. Additional upgrades will focus on radar systems and cyber resilience, supporting safer and more secure port operations.

Algis Latakas, CEO of the Klaipėda State Seaport Authority, said the investments mark an important step in the port’s long-term development. “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,” he said.

André Küüsvek, President and CEO of NIB, emphasized the importance of efficient and flexible port infrastructure in the current economic and geopolitical environment. “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,” he said.

The investment programme is expected to enable safer and more efficient maritime traffic, improve access for larger vessels, and increase cargo handling capacity. It will also support the diversification of port activities, including offshore wind logistics and green energy operations. In addition, the programme is expected to create jobs and improve trade connectivity, strengthening Klaipėda Seaport’s contribution to Lithuania’s transport sector and the wider regional economy.

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

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

Klaipėda Seaport is Lithuania’s main maritime gateway and the largest seaport in the Baltic countries. In 2025, the port handled approximately 39 million tonnes of cargo, representing nearly 41.4% of the regional market.

The Klaipėda State Seaport Authority is a strategic company in Lithuania’s transport sector and is responsible for managing, developing, and strengthening the competitiveness of the country’s only seaport. Its responsibilities include ensuring safe, efficient, and environmentally sustainable port operations, while creating conditions for the smooth movement of cargo and passengers and supporting the growth of international trade. The authority also develops and modernises port infrastructure, ensures navigation safety, and invests in innovation, digitalisation, and sustainability solutions, including green technologies, emissions reduction, and climate change mitigation measures.

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 in the Nordic-Baltic region. NIB is headquartered in Helsinki and has a regional hub in Riga. The Bank holds the highest possible credit ratings, AAA/Aaa, from 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

SOURCE: Nordic Investment Bank