submission statement: Three Indian operators have been in discussions for the expansion and development of an all-weather deep-sea Baltic port that could provide India strategic access to Central Europe and the Nordic nations for cargo volume movement.
The Indian strategic partners in discussions include Adani Group, Jawaharlal Nehru Port Authority (JNPA) and Mumbai Port Authority (MPA), regarding potential participation. Klaipeda Port, managed by the Lithuanian State Seaport Authority, is planning to announce an international tender for the operator to carry out the development of Southport expansion, which would entail an investment of 1.4 billion euros.
Klaipeda is the largest Baltic port, which last year, handled close to 40 MMT of cargo and over 400,000 passengers. “Cooperation with the Port of Klaipeda offers significant advantages for Indian manufacturers, trading companies, freight forwarders, logistics providers, and other maritime stakeholders seeking access to the Baltic and Northern European markets,“ says Algis Latakas, Director General of the port.
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submission statement: Three Indian operators have been in discussions for the expansion and development of an all-weather deep-sea Baltic port that could provide India strategic access to Central Europe and the Nordic nations for cargo volume movement.
The Indian strategic partners in discussions include Adani Group, Jawaharlal Nehru Port Authority (JNPA) and Mumbai Port Authority (MPA), regarding potential participation. Klaipeda Port, managed by the Lithuanian State Seaport Authority, is planning to announce an international tender for the operator to carry out the development of Southport expansion, which would entail an investment of 1.4 billion euros.
Klaipeda is the largest Baltic port, which last year, handled close to 40 MMT of cargo and over 400,000 passengers. “Cooperation with the Port of Klaipeda offers significant advantages for Indian manufacturers, trading companies, freight forwarders, logistics providers, and other maritime stakeholders seeking access to the Baltic and Northern European markets,“ says Algis Latakas, Director General of the port.