• Home
  • News
  • Review of Klaipėda State Seaport land lease requires extensive discussion and sustainable solutions
  • 2021 April 28 16:13

    Review of Klaipėda State Seaport land lease requires extensive discussion and sustainable solutions

    Lithuania’s Ministry of Transport and Communications says Minister Marius Skuodis met with the Association of Lithuanian Stevedoring Companies representatives and stated that within the next few years the seaport is to see major investment infrastructure projects likely to increase the port’s competitiveness. Increasing the port’s property value and improving its competitive environment requires sustainable solutions and in-depth discussion with all stakeholders with regard to the Klaipėda State Seaport land lease that has not been changed for over a decade and proposed changes to the charges calculation methodology.

    “The State has been continuously investing into the modernisation of the port quays, ensuring appropriate depths of port area and near the quays, as well as improving the port’s competitiveness. Thus, it is highly important to develop an efficient, transparent and fair land lease methodology. This is the only way to ensure return on investment and consistent implementation of the port’s development plans,” the Minister emphasized during the meeting.

    Over the period from 2010 through to 2019 Klaipėda Seaport’s turnover grew twice as fast as the common market of the eastern coast of the Baltic Sea (Klaipėda Seaport loading increased from 31.3 mn tonnes to 46.3 mn tonnes over the period at hand). Last year, the port reached a record-breaking volume of cargo (around 48 mn tonnes) and retains a strong position compared to the neighbouring countries’ ports.

    This year Klaipėda Seaport launched one of this year’s most important investment projects – dredging works of the shipping canal and breakwaters reconstruction. Upon increasing the depth of the shipping canal to 15 m and the permissible draught of vessels in the larger part of the port to 13.8 m, the port should attract larger and more fully loaded vessels and the logistic chain should become more efficient. The port quays are being reconstructed to accommodate greater depth, railway construction and reconstruction works are underway, and the development of the southern port area infrastructure is expected in the near future with the view to adapt it to high-added-value generating activities.

    However, the Minister believes that the port’s financial resources are limited and the main source of funding the port’s infrastructure development comes from the port charges and land lease. The fact that the port's land lease has remained the same over 10 years should not be overlooked too. Over the said period the leased property value increased at a faster pace than did the land lease revenue. It is estimated that due to investment the value of the property directly used by the lessees and owned by the Klaipėda Seaport Authority grew by 1.9 times, while the land lease revenue grew by 1.3 times due to additionally leased territories and new infrastructure (quays).

    According to the Minister, prior to changing the existing land lease charges calculation methodology, the Seaport Authority and the port’s users need to have an extensive discussion. ‘Sustainable solutions’ need to be found by concluding long-term project development conditions, by planning for return on investment into the state infrastructure, and, obviously, by making transparency, clarity and fair competition immediate priorities. 

    The new land lease procedure is expected to become binding as of 1 January 2022.




2021 December 8

18:39 A robotic system intended to clean litter from the seafloor has passed its first real-life tests in Croatia
18:10 Arctic LNG 2 signs loan agreements with international banks
17:55 Eagle Bulk Shipping partners with sustainability pioneer GoodFuels to take on first biofuels
17:49 Russian Railways: Loading of export cargo bound for domestic ports grew by 7% in 11M’21
17:26 European shipowners call on Transport ministers to fix enforcement loopholes in FuelEU Maritime
17:06 Sewage from cargo ships may be legally discharged into the Baltic Sea - Gasum
16:42 Nordic Engineering supports Ship Repair, Modernization and Components Conference as its Partner
16:25 Wärtsilä thrusters to provide optimal propulsion performance for new Wind Turbine Installation Vessel
15:43 Zelenodolsk Shipyard named after A.M. Gorky lays down three sea-going tugboats of Project Т3150-ZD
15:14 Crowley announces 2050 net-zero commitment and activates key partnerships
14:55 Results of Atomflot’s summer-autumn navigation season rose from 66 to 111 icebreaker escort operations YoY
14:31 ICTSI continues to invest in Manila flagship
14:22 Parker altair® Neptune filtration system selected to provide reliable operation of Italian and US Navy vessels
13:47 Single-window concept applied at Ust-Luga – Baltiysk ferry line
13:21 Port of Long Beach opens survey on multimillion-dollar community grants
12:56 AS Tallink Grupp published its statistics for November 2021
12:32 Rosatomflot completed operation to escort ships out of the Northern Sea Route area
12:30 "K" Line and Shin Kurushima Dock get joint AIP for the concept design of Ammonia Fueled Car Carrier from ClassNK
12:09 APM Terminals Elizabeth targeting intermodal cargo
11:03 VRT Finland acquires Satamatieto Oy
10:29 ABP opens Vancouver Timber Terminal at the Port of Kings Lynn
10:10 Sea Port of Saint-Petersburg introduced unified digital system of production control
09:59 The Georgia Ports Authority to expedite 1.6M TEUs of on-terminal capacity by June
09:46 MABUX: Bunker prices may continue upward changes on Dec.8
09:28 Baltic Dry Index as of December 7
09:11 Crude oil market sees downward price correction

2021 December 7

18:15 Ernst Russ AG to acquire further shares in a Fleet Holding Company
17:59 Kuzey Star Shipyard holds steel cutting ceremony for Atomflot’s new floating dock
17:36 Stena Line expands and launches new route between Stockholm Norvik and Hanko
17:15 Boskalis consortium secures EUR 24 million research grant to advance emission-free shipping
16:45 New report highlights regional economic importance of Ports of Stockholm
16:33 LAS Admiral Panteleev of RF Navy’s Pacific Fleet started transition to Vladivostok from Indonesia after participation in ARNEX-2021
16:15 Angola starts CLOV Phase 2 project
15:50 Rosneft signed contract with Indian Oil for supplying up to 2 mln tons of crude oil to India
15:45 Strategic Marine wins additional order for new 42m Fast Crew Boat from Centus Marine
15:27 Ships of RF Navy and Egypt Navy start naval phase of Bridge of Friendship 2021 joint exercise
15:03 Wärtsilä partners with Microsoft to strengthen their Edge platform and industrialise Marine IoT
14:41 NOVATEK and RWE sign MOU on decarbonization and LNG
14:23 ABS grants Alfa Laval the marine industry’s first approval in principle for firing boilers with methanol
14:08 Nonius Engineering supports International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor
13:50 Cox Marine collaborates with clean maritime consortium to demonstrate world-first diesel-hydrogen outboard
13:22 The leading Russian supertrawler for the Russian Fishery Company has successfully inclined
12:36 Throughput of Rostov-on-Don port in 11M’2021 fell by 15%, year-on-year
12:14 Stena Line to open new daily route to Finland
11:49 Russia joins the Nairobi International Convention on the Removal of Wrecks
11:12 Exports of Sibanthracite Group to India in 2021 to total 3.5 million tonnes of coal and anthracite
11:00 Long Beach and Los Angeles keep ‘Container Dwell Fee’ on hold until Dec. 13
10:51 DSV launches Green Logistics to accelerate the green transition of the industry
10:47 Throughput of Taganrog port in 11M’2021 fell by 2% Y-o-Y
10:24 Average spot market price for Russian M100 product fell to RUB 25,252 pmt
10:06 Flag-raising ceremony held on Norvezhskoye More trawler, first serial factory ship of KMT01 design
09:45 MABUX: Global bunker indexes to turn to firm upward trend on Dec. 07
09:28 Baltic Dry Index as of December 3
09:13 Crude oil prices continue rising

2021 December 6

18:37 The Port of Bergen changes the name of the Hurtigruten terminal
18:22 Preliminary results of Volga Basin cargo traffic – 41.39 million tonnes
18:14 Equinor invests in battery storage company
17:55 ENGIE and Masdar form US$5 billion strategic alliance to drive UAE’s green hydrogen economy
17:38 Moody’s upgrades Global Ports’ rating to Ba1 with stable outlook
17:16 Solstad Offshore announces long-term contracts in Brazil