EBRD will invest in Baltic transhipment
October 26, 2012
EBRD is considering supporting Terminal Investment Limited, a worldwide container terminal operator and a part of the Mediterranean Shipping Company Group, in expanding its container handling operations at Klaipeda Port, through its locally based operating subsidiary LK AB Klaipedos Smelte. This brownfield expansion project will provide additional gateway capacity for Lithuania and transit markets and will transform the terminal into a transhipment hub for the Mediterranean Shipping Company in the Baltic.
EBRD Finance: а senior loan of up to EUR 32.5 million.
Project Cost: EUR 65 million.
Board date: 27 Nov 2012
Company — EBRD (Moscow office)
Full nameEuropean Bank for Reconstruction and Development (EBRD)