Lithuania’s Klaipėda Port has obtained a €100 million loan from the European Investment Bank to support a €201 million upgrade programme that will enhance its capacity to host NATO naval vessels, serve offshore wind projects and provide cleaner energy solutions for shipping. The investment covers dredging, reinforced breakwaters and terminal improvements, reinforcing the port’s strategic role in the Baltic Sea.
According to European business and maritime reports, the Klaipėda State Seaport Authority has secured a €100 million loan from the European Investment Bank to finance major infrastructure upgrades at Lithuania’s largest seaport. The project, valued at around €201 million in total, aims to expand and modernise facilities so that the port can better accommodate NATO vessels, support offshore wind developments and offer cleaner energy options to commercial shipping. The remaining funding is expected to come from the European Union, national sources and other institutions, with completion targeted for the end of 2027.
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