China Merchants Group plans to build a new outer seaport on the basis of the existing Klaipeda seaport in Lithuania, one of the largest seaports in the Baltics, while investing in in Klaipedos Smelte, the largest loading company in the port, according to recent statements from Arturas Drungilas, director of marketing and general affairs for the Klaipeda seaport.
25 Nov 2015
China's leaders seldom miss an opportunity to punt their Belt and Road trade strategy, and when Premier Li Keqiang met with Lithuania's Prime Minister Algirdas Butkevicius in east China's Suzhou City, he called for more progress in joint railway and port projects.
09 Oct 2015
Kazakhstan Railways, the national railway company of Kazakhstan, will build a 1 million 20-foot-equivalent unit container terminal in Klaipeda, Lithuania, home to one of the largest Baltic seaports.
07 Sep 2015
Ports in the Baltic states of Latvia, Lithuania and Estonia are feeling the effects of Russia’s economic slowdown as they serve largely as transshipment locations into Russia.