Port of Ventspils

What Port of Ventspils does

The Freeport of Ventspils Authority (Ventspils brīvostas pārvalde) is a public port authority (pašvaldības iestāde, registration 90000284085) incorporated in Latvia, operating the deepest port on the Eastern coast of the Baltic Sea and managing 15 cargo terminals across liquid bulk, dry bulk, general cargo, Ro-Ro, and ferry traffic. It serves industrial manufacturers, shipping and logistics operators, commodity traders, and renewable energy developers by combining multimodal connectivity — sea, rail (34 million tons/year East-West corridor capacity), the 6 million tons/year Polotsk-Ventspils oil pipeline, and a Stena Line ferry to Sweden — with a Special Economic Zone offering tax incentives across more than 700 hectares of available industrial land.

The Authority's core services are organized into four revenue streams: (1) transaction-fee based port operations and terminal services for cargo handling, storage, and transshipment; (2) recurring land and premises rentals under SEZ conditions; (3) transaction-fee port and vessel services including tugs (via PKL Latvia), pilots, bunkering, and 19 authorized shipping agencies; and (4) professional services delivered through the Ventspils High Technology Park business incubator. Infrastructure modernization underway includes renovation of the Vessel Traffic Management Centre with berth electrification, the first shore power connection point at the ferry terminal, an oversized cargo logistics corridor supporting road convoys up to 100 meters, and digital transformation of port management transport and logistics data systems.

The customer base combines enterprise industrial tenants (Bucher Municipal, 400 employees; Malmar Sheet Metal, 245 employees; Diana Candles, 200 employees; HansaMatrix Ventspils, 90 employees; Bio-Venta, 100,000 tons/year biodiesel; Kurzemes Granulas, 75,000 tonnes/year pellets; ARBO Windows; FROLI Baltic) with the planned PURPLEGREEN Energy C EUR 1.3 billion green ammonia project. Distribution relies on direct port operations, the 19-agency shipping network, ferry operator Stena Line, and tug service partner PKL Latvia. Revenue figures are not publicly disclosed; H1 2025 cargo volume reached 4.48 million tons, up 14.5% YoY across oil products, coal, and Ro-Ro segments.

Name

Port of Ventspils

Legal name

Freeport of Ventspils Authority

Website

https://portofventspils.lv

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

The Freeport of Ventspils Authority is a Latvian public port authority operating the deepest port on the Eastern Baltic Sea, serving industrial manufacturers, shipping operators, commodity traders, and renewable energy developers through 15 cargo terminals, 700+ hectares of Special Economic Zone industrial land, and multimodal sea-rail-pipeline connectivity.

Ownership category

akta.pro rank

Product category

Port Operations and Maritime Logistics Services

NAICS

Port and Harbor Operations (488310), Port and Harbor Operations (48831)

SIC

Water Transportation (4400)

akta.pro primary industry

Marine Terminals & Cargo Handling Infrastructure (RoRo, Bulk, Container) (IMAFAJAF)

Keywords

• Port operations
• Cargo handling services
• Maritime logistics
• Industrial land leasing
• Special economic zone

Headquarters

HQ city

Ventspils

HQ country

Latvia

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Port Operations and Terminal Services: Revenue from operating 15 cargo terminals handling various cargo types including liquid bulk, dry bulk, general cargo, Ro-Ro, and ferry traffic. Services include cargo handling, storage, and transshipment.
2. Land and Premises Rental: Leasing of industrial land (more than 700 hectares available) and production premises within the Freeport territory under Special Economic Zone conditions
3. Port Fees and Services: Collection of port fees for vessel services including tugs, pilots, bunkering, and other maritime services provided 24/7
4. Industrial Zone Management: Support services for industrial development through Ventspils High Technology Park and other industrial zones, including business incubator services

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

The Freeport of Ventspils Authority operates a deep-water Baltic Sea port with 15 cargo terminals handling liquid bulk, dry bulk, general cargo, Ro-Ro, and ferry traffic. It provides comprehensive 24/7 maritime services including tugs, pilots, bunkering, and shipyard services, while leasing industrial land and premises (700+ hectares available) under Special Economic Zone tax conditions to attract manufacturing and renewable energy investors.

Product overview

The Freeport of Ventspils operates as a comprehensive port authority managing 15 cargo terminals across three main categories—liquid cargo terminals handling chemicals and petroleum products, dry bulk cargo terminals for coal, fertilizers, and grain, and general cargo terminals for frozen products and Ro-Ro cargo. The port provides integrated logistics services including 19 shipping agencies, ferry traffic to Sweden via Stena Line (12 weekly departures), and tug services. Industrial infrastructure encompasses the Ventspils High Technology Park offering business incubator and technology park services for high-tech companies, along with approximately 700+ hectares of industrial sites. Recent developments include a shore power connection project at the ferry terminal and an oversized cargo logistics corridor accommodating convoys up to 100 meters.

Differentiator

Problem solved

Functional benefit

Products and services

• Liquid Cargo Terminals Liquid cargo handling terminals (OVERSEAS Estates/Baltic Juice Terminal, Vars, Ventall Terminals, Ventamonjaks, Ventbunkers, Vitol Terminal Latvia, VK Terminal Services) for chemicals, oil products, liquid ammonia, diesel, biodiesel, and liquid food products.
• Dry Bulk Cargo Terminals Dry bulk handling facilities (Baltic Coal Terminal, Eurohome Latvia, Kālija parks, Ventspils Commercial Port, Ventspils Grain Terminal) for coal, mineral fertilizers, iron ore, raw sugar, peat, grain, and metals.
• General Cargo Terminals General cargo handling facilities (Reefer Cargo Terminal, Stena Line Ports Ventspils, Ventplac) for frozen products, Ro-Ro cargo, roundwood, and woodchips.
• Shipping Agencies Network of 19 shipping agencies (including Ahlmann-Zerssen, All Overseas, Alpha Shipping, Baltica Shipping, Baltic Marine Services) providing vessel agency operations for ships calling at the port.
• Ferry Traffic Services Regular ferry connections between Ventspils and Nynäshamn (Sweden) operated via Stena Line, with up to 12 departures weekly providing both passenger and cargo (Ro-Ro) transport.
• Tug Services 24/7 tug services provided by PKL Latvia for vessel maneuvering and harbor operations assistance.
• Ventspils High Technology Park Business incubator and technology park providing infrastructure and support services for high-tech companies including HansaMatrix Ventspils, Euro LCDs, and Squalio data competence center.
• Industrial Sites and Premises Industrial zones including Ventspils Airport Industrial Area, Riverside Industrial Areas (North and South), Marina Industrial Area, Fish and Food Processing Area, and Large Scale Industrial Sites with more than 700 hectares available under Special Economic Zone conditions.

Quantifiable outcome

• 14.5% cargo volume increase in first half 2025 to 4.48 million tons
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered strategic and core.

• Port of Chornomorsk, UkrainestrategicStrategic or Co-development Partner · 18 April 2025Memorandum of Cooperation signed between Freeport of Ventspils Authority and Ukrainian state enterprise Commercial Sea Port Chornomorsk. Focus on North-South transport corridor, Three Seas Initiative implementation, and potential cooperation with Ukrainian port infrastructure.
• Stena LinecoreChannel Partner/ Reseller/ DistributorOne of the world's largest ferry operators with the broadest network in Europe provides regular ferry lines from Ventspils to Sweden (Nynäshamn, 58 km from Stockholm). Operates up to 2 departures per day in each direction. Connects central Sweden and economic activity centers of Norway with Latvia and Central Asia.
• PKL LatviacoreChannel Partner/ Reseller/ DistributorProvides tug services in the Port of Ventspils. 24/7 tug service availability for vessel maneuvering and assistance operations.
• H2-Derivatives@BalticSeaPorts (EU Consortium)strategicStrategic or Co-development PartnerEuropean Union co-funded project for hydrogen economy development in Baltic Sea ports. Consortium meeting held in Luleå, Sweden (March 17-19). Freeport presenting model for green energy development.
• MarTe Project ConsortiumcoreStrategic or Co-development PartnerMarine Technology Excellence Centre project for sustainable blue economy in Baltic Sea. Partners include Freeport Authority, LIAA, WWF Latvia, Kurzeme Planning Region, Latvian Institute of Aquatic Ecology, and Ventspils University of Applied Sciences.
• Bucher MunicipalcoreChannel Partner/ Reseller/ DistributorSwiss company manufacturing utility vehicles (street sweepers). Major employer with 400 employees. Expanded from component assembly to full-cycle production. Land and buildings rented from Freeport. Products exported to 30+ countries. Received Export Leader 2022, German Design Award 2023, German Innovation Award 2023.
• PURPLEGREEN Energy CstrategicStrategic or Co-development PartnerDeveloping green ammonia production plant within Freeport territory with EUR 1.3 billion investment. Long-term building rights agreement. Environmental impact assessment underway. Project will increase Latvia's electricity consumption by 65-70%.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/Brivosta

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Port of Ventspils