Klaipėda Seaport handled nearly 38.5 million tons of cargo last year, 1.85 million tons more than the highest level ever recorded for a year.
Klaipėda Harbour
© A.Didžgalvio nuotr.

(Starting on 11 January, this article and others like it will only be available to Corporate subscribers)

“From our main cargo groups, growth was achieved in three of them: the amount of oil products grew by 30%, bulk fertilizers by 10%, and grain by 5.7%.,” said Artūras Drungilas, the head of the marketing and the corporate affairs at the Klaipėda seaport directorate.

“Turnover in the port is a record one – we are excited, we have not expected such results but we, the port, the port company has achieved that," he said

However, Klaipėda State Seaport Authority Director General Arvydas Vaitkus expects 2016 to be a difficult year. He explained that there is high tension between competing ports, especially because of Russia's strategy to transfer its cargo to its own ports.

“We do not have data from Russia‘s ports, but we can see what is happening with a decline in freight traffic. We feel it through the container traffic, ruble devaluation - industrial decline will affect the operation of all Eastern coast ports,” Vaitkus said.

The port posted record revenues of €46.9 million in 2015, according to economy and finance manager Martynas Armonaitis. “The growth is three times higher than that of the Lithuanian economy,” he said.

The port paid €684 million in taxes this year, according to Vaitkus. He said the government‘s decision in 2013 not to deduct profits from the port authorities had brought €102 million in profits to the state over three years.

15min.lt

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Number of passengers travelling from Vilnius Airport by public transport has increased almost four times

Naturally the airport in Vilnius is the centre of intensive movement to and from which thousands of...

Lithuania will be a key player in shaping the future of blockchain in Europe and the world

Blockchain will transform digital services and Europe. It is acknowledged that Europe missed out on...

Oro Navigacija starts rebranding of its image by changing its logo

While undergoing the process of modernisation, the strategic company Oro Navigacija, whose mission is...

Nine percent increase in flight number in Lithuanian airspace

During ten months of this year, air traffic controllers handled 227.5 thousand flights in Lithuanian...

Survey: every eighth person in Lithuania has private health insurance

The results of a survey conducted in Lithuania showed that every eighth person has been ensured by...