Latvia, Legislation, Port, Transport
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Friday, 29.03.2024, 11:19
Liepaja port to be developed for service of Panamax class vessels
He said that the port has prepared its development program for 2018-2022,
assessing the port’s competitiveness, the possible development scenarios,
strategic goals and tasks, as well as the projected results – cargo turnover,
financial forecasts and planned capital investments.
Lapins said that negotiations have been started with the Treasury on
attraction of co-financing for the port’s development.
According to SEZ administrator, it is planned to develop the port for
service of Panamax class vessels. Such vessels can already now be served in
Liepaja, but there are still some restrictions.
Panamax class vessels are about 290 meters long, 32 meters wide and has
12-meter draft.
The council on Wednesday approved the development plan for Liepaja port for
2018-2022.