Akcinė bendrovė Klaipėdos valstybinio jūrų uosto direkcija

Akcinė bendrovė Klaipėdos valstybinio jūrų uosto direkcija (English: Klaipėda State Seaport Authority, often abbreviated as KVJUD) is Lithuania’s national port authority for the ice-free seaport of Klaipėda on the Baltic Sea. The company is responsible for the development, maintenance, safety, and competitiveness of Klaipėda Port, the largest and most significant maritime gateway in Lithuania.

Company Overview

Legal name: Akcinė bendrovė Klaipėdos valstybinio jūrų uosto direkcija (AB KVJUD)
Industry sector: Transport and logistics; maritime infrastructure; port authority services
Founded: The Klaipėda State Seaport Authority was established in 1991; reorganized into a joint-stock company (AB) in 2023–2024 (100% state-owned)
Headquarters: J. Janonio g. 24, LT-92251 Klaipėda, Lithuania

Legal Information

Įmonės kodas (company code): Publicly reported for the historic state enterprise as 210468530. Following reorganization into AB, a new legal entity code may apply; exact current code was not publicly confirmed in the sources available as of 2024-10.
PVM mokėtojo kodas (VAT code): Commonly cited historically as LT104685314 for the Authority; exact current AB VAT registration should be verified against the Register of Legal Entities and the official website.
Official website: https://www.portofklaipeda.lt
General email: info@portofklaipeda.lt (general inquiries)
Registered office address: J. Janonio g. 24, LT-92251 Klaipėda, Lithuania
Main phone: +370 46 499 600

Note: Lithuania’s Register of Legal Entities (Juridinių asmenų registras) maintains authoritative company code and VAT information; post-reorganization AB registration details should be confirmed there.

Business Operations

The company operates as a landlord port authority. Its core functions include planning and developing port infrastructure (quays, breakwaters, dredging, access channels, rail and road links within the port), ensuring navigational safety (including coordination of vessel traffic and hydrographic surveys), environmental management, land and quay leasing to stevedoring and terminal operators, and the administration of port dues and tariffs.

Main products/services: Port infrastructure development and maintenance; dredging and hydrography; navigational safety services; real estate (land and berth) leasing; port planning and project management; compliance and environmental oversight; collection of port dues and service fees.

Business model: Landlord authority model. Revenue is primarily derived from port dues (ship, cargo, and other fees), concession/lease payments from private operators, and service charges. Capital investments are funded from operating cash flows, state support for strategic projects, and European Union funds for TEN-T/CEF-eligible infrastructure.

Market position: Klaipėda is among the leading ports on the eastern Baltic Sea, serving container, liquid bulk (including LNG), dry bulk (fertilizers, grain), Ro-Ro and general cargo. The authority’s role is central to national export-import logistics and multimodal connections across the Baltic region.

History

1991: Klaipėda State Seaport Authority established by the Government of Lithuania to manage and develop the national seaport after the restoration of independence.
1990s–2000s: Significant modernization of port infrastructure, expansion of quays, improvement of access channels, and establishment of the landlord model with private stevedoring companies.
2014: Infrastructure readiness and integration to support operations of Lithuania’s LNG import terminal “Independence” in Klaipėda, strengthening energy security.
2018–2019: Port throughput reached record levels among Baltic peers; ongoing projects to deepen and widen the fairway to accommodate larger vessels.
2020: Leadership continuity with a new Director General; acceleration of digitalization and “Smart Port” initiatives.
2023–2024: Corporate transformation approved to reorganize the Authority from a state enterprise (VĮ) into a joint-stock company (AB) fully owned by the State (Ministry of Transport and Communications), aligning governance with EU best practices and enabling more flexible investment management.
2020s: Major capital projects including entrance channel reconstruction, breakwater strengthening, fairway deepening (target depths around 15–17 m depending on sections), and intermodal access improvements; cargo flow adjustments in response to geopolitical changes and sanctions.

Financial Information

Revenue: The Authority’s operating income primarily comprises port dues and lease/concession fees. Public annual reports indicate typical revenue in the range of tens of millions of euros per year, reflecting cargo volumes and tariff structures. Precise year-by-year figures should be consulted in the official annual reports (see Sources).
Profitability: Historically profitable, with earnings largely reinvested into port infrastructure and development; dividends to the State may be declared in line with national policy for state-owned enterprises.
Funding: No venture-style funding rounds. Capital investments are financed from operating cash flows, state budget allocations for strategic infrastructure, and EU funds (e.g., TEN-T/CEF).
Ownership structure: 100% owned by the State of Lithuania; the shareholder rights are exercised by the Ministry of Transport and Communications. After reorganization, corporate governance comprises a Board and (where applicable) a Supervisory Board in line with Lithuanian company law and OECD SOE governance guidelines.

Leadership and Management

Key executives (vadovai):
- Generalinis direktorius (Director General): Algis Latakas (appointed in 2020).
Additional executive roles such as Infrastructure/Technical Director, Finance Director (CFO), Harbour Master, and heads of key departments (hydrography, environment, safety, legal, property management) are part of the management structure. As of the latest publicly available information, full current names and positions beyond the Director General should be verified on the official website and in the corporate governance disclosures.

Board members: Following the reorganization to AB, a Board (Valdyba) and, where applicable, a Supervisory Board (Stebėtojų taryba) oversee the company. Detailed composition (names, tenures, independence, committee memberships) is published in governance reports; the latest roster should be confirmed in official disclosures.

Office Locations

Registered office (buveinė):
J. Janonio g. 24, LT-92251 Klaipėda, Lithuania
Phone: +370 46 499 600

Other offices/units: The Authority operates multiple functional units within the port territory (e.g., Harbour Master’s service, hydrography/dredging units, project management, and operations centers). Specific public street addresses and direct phone lines for these units were not comprehensively listed in the sources available; most external contact is coordinated via the main headquarters contact details.

Market Position

Competitors/peer ports: Regional peers include the Freeport of Riga and Ventspils (Latvia), Port of Tallinn/Muuga (Estonia), Gdansk and Gdynia port authorities (Poland), and Liepāja (Latvia). Historically, Kaliningrad (Russia) was also a competitor for certain cargo flows.
Market share: Klaipėda is a leading port on the eastern Baltic in overall tonnage and a major node for container, bulk and Ro-Ro traffic. Market share fluctuates annually with cargo composition, regional economic trends, and geopolitical factors.
Competitive advantages: Ice-free deep-water port; well-developed landlord model; strong intermodal connectivity (rail and road) to the hinterland; diversified private terminal operators; ongoing infrastructure upgrades; digitalization initiatives; and stable governance as a state-owned strategic asset.

Recent Developments

Corporate reorganization: Transition from state enterprise (VĮ) to joint-stock company (AB) in 2023–2024 to modernize governance and investment capabilities while remaining 100% state-owned.
Infrastructure projects: Entrance channel reconstruction and breakwater strengthening to improve safety in adverse weather; fairway deepening to accommodate larger vessels; rail and road access enhancements; continued environmental and dredging programs.
Partnerships/expansions: Cooperation with private terminal operators for capacity enhancements (containers, bulk, Ro-Ro), EU co-funded projects under TEN-T/CEF, and digital “Smart Port” initiatives.
Operational context: Adjustments in cargo flows and services due to EU sanctions and regional geopolitical shifts since 2022; strategic focus on resilient, diversified cargo portfolios and sustainability.

Contact Information

Headquarters:
Akcinė bendrovė Klaipėdos valstybinio jūrų uosto direkcija
J. Janonio g. 24, LT-92251 Klaipėda, Lithuania
Phone: +370 46 499 600
Email: info@portofklaipeda.lt
Website: https://www.portofklaipeda.lt

Media and public inquiries: Media contacts are typically listed in the “Contacts” or “Newsroom” section of the official website; inquiries can be initiated via the general email and switchboard.

Sources and References

Primary and authoritative sources used and recommended for verification:
- Klaipėda State Seaport Authority official website (About, Contacts, Governance, Reports): https://www.portofklaipeda.lt
- Contacts page (address, phone, general email): https://www.portofklaipeda.lt (navigate to “Kontaktai” / “Contacts”).
- Annual reports and statistics (financials, throughput, projects): https://www.portofklaipeda.lt (navigate to “Ataskaitos” / “Annual reports”).
- Ministry of Transport and Communications of the Republic of Lithuania (press releases on reorganization to AB): https://sumin.lrv.lt
- Government of Lithuania news portal (Seimas/Government decisions on port authority governance): https://lrv.lt
- Lithuanian Register of Legal Entities (Juridinių asmenų registras) for current įmonės kodas and VAT details: https://www.registrucentras.lt/jar
- Public domain industry analyses and Baltic port statistics (peer comparison): Eurostat TEN-T publications and EU CEF program documentation.

Note: Where exact legal identifiers (įmonės kodas, PVM kodas) and complete lists of managers/board members are marked as “to be verified,” they should be confirmed against the latest entries in the Register of Legal Entities and official corporate disclosures, especially following the 2023–2024 reorganization.