SilSteve

What SilSteve does

SilSteve AS is a privately held Estonian port terminal operator (AS designation) founded in 2005, headquartered at the Port of Sillamäe on Estonia's northeastern coast. The company runs a multifunctional terminal providing five integrated service modules: stevedoring (loading and discharge of vessels, wagons, and trucks), cargo storage (covered warehouses, open bulk/general storage, and vehicle/Ro-Ro yards), customs brokerage, freight forwarding (sea, rail, road), and ancillary services (tallying, weighing, packaging, sorting, equipment maintenance). Revenue is generated on a transaction-fee basis with quote-based, flexible pricing tailored to customer needs.

The underlying technology is heavy physical infrastructure rather than software. SilSteve operates 8 quays totaling 1,550 meters with depths up to 15.5 meters, 82 hectares of outdoor bulk and general cargo storage, 30 hectares of vehicle storage, 79,000 m² of covered warehousing, 6 railway loading tracks (3,000 m), and a port railway station with 14 tracks spanning 33.9 km. Shiploading capacity reaches 16,000-20,000 tonnes per day across 4 B&W and Samson units. The terminal holds Type 1 free zone status (0% VAT on goods transfer), AEO (Authorised Economic Operator) certification from EU customs, and ISO 9001:2015 quality certification for stevedoring.

The company sells B2B through direct relationships with international logistics companies, freight forwarders, manufacturers, and automotive/equipment dealers requiring multimodal cargo handling in the CIS-EU-Scandinavia transit corridor. Its strategic location 25 km from the EU-Russia border (Narva-Ivangorod crossing) positions it as the easternmost deep-water EU port on the Baltic Sea. The company maintains multilingual operations (Estonian, Russian, English) and has recently signed a cooperation memorandum with KTZ Express to develop multimodal transport routes from Central Asia.

Name

SilSteve

Legal name

SilSteve AS

Website

https://silsteve.ee

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

SilSteve AS operates a multifunctional port terminal at the Port of Sillamäe, Estonia, providing stevedoring, warehousing, customs, and freight forwarding services to logistics companies, manufacturers, and automotive dealers transshipping cargo between CIS, EU, and Scandinavian markets via the Baltic Sea.

Ownership category

akta.pro rank

Product category

Port Terminal and Logistics Services

NAICS

Marine Cargo Handling (48832), Port and Harbor Operations (488310), Marine Cargo Handling (488320)

SIC

Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Terminal Cargo Handling & Yard Operations (Receiving, Staging, Delivery) (TLAHALAB)

akta.pro secondary industries

Bulk Terminal Services & Operations (Stevedoring, Sampling, Weighing, Blending) (TLAHABAO), Project Cargo / Heavy-Lift Terminals (OOG, Oversized, Modules) (TLAHADAB), Marine Terminals & Cargo Handling Infrastructure (RoRo, Bulk, Container) (IMAFAJAF)

Keywords

• Port terminal services
• Cargo handling
• Stevedoring operations
• Freight forwarding
• Customs brokerage

Headquarters

HQ city

Sillamäe

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Stevedoring Services: Loading and discharge of vessels, wagons, and trucks handling bulk cargo, general cargo, round wood, Ro-Ro cargo, vehicles, project cargo, and containers. Revenue generated per operation based on cargo type and volume.
2. Cargo Storage Services: Storage in covered warehouses (79,000m²), open storage areas (82ha for bulk/general, 30ha for vehicles), and free zone regime storage. Revenue based on storage duration and area used.
3. Customs Services: Customs formalities including import, export, transit declarations, free zone services, duty deferral, transit guarantees, and transport documentation preparation.
4. Freight Forwarding: Arrangement of sea, railway, and road freight; terminal handling services; wagon maneuvers; cargo forwarding to/from Estonia and Russia.
5. Additional Services: Tally services, load consolidation, packaging, sorting, marking, weighing (trucks and wagons), repair and maintenance of wheeled equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

SilSteve AS operates a multifunctional terminal at the Port of Sillamäe, Estonia, providing stevedoring (loading and discharge of vessels, wagons, and trucks), cargo storage in covered warehouses and open areas, customs formalities and documentation, freight forwarding across sea, rail, and road, and additional terminal services such as tally, packaging, weighing, and equipment maintenance. The terminal handles bulk, general, Ro-Ro, project cargo, vehicles, and containers for transit between EU, CIS, and Scandinavian markets.

Product overview

SilSteve operates as a unified multifunctional terminal services platform in the Port of Sillamäe, Estonia. The offering consists of five integrated service modules: Stevedoring Services (core loading/discharge operations), Storage Services (warehousing and open storage facilities), Customs Services (formalities and documentation), Freight Forwarding Services (transportation organization), and Additional Services (tally, packaging, weighing, repair). These services work together to provide end-to-end cargo handling and logistics solutions for clients transshipping goods through the easternmost EU port, located 25km from the Russia border.

Differentiator

Problem solved

Functional benefit

Products and services

• Stevedoring Services

Quantifiable outcome

• Shiploader capacity: 16,000-20,000 tonnes per day
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• KTZ ExpresscoreStrategic or Co-development PartnerKTZ Express and AS SilSteve signed a Memorandum of Cooperation during the Kazakhstan-Estonia business forum to develop and expand multimodal transport using the Baltic Sea via Port of Sillamäe and SILSTEVE terminal. The agreement aims to enhance efficiency of transport chains, offer competitive tariffs, and deliver comprehensive logistics services.

Scale indicators8 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• DP World: Global port operator operating terminals worldwide including European facilities with container, bulk, and Ro-Ro capabilities. Comparable as a terminal operator with multimodal handling, free zone, and customs services, though at vastly greater scale and geographic diversification.
• Hutchison Ports: Global container and multipurpose terminal operator with European presence. Comparable as a port terminal operator providing stevedoring, storage, and forwarding services, though specializing in container terminals rather than SilSteve's broader cargo mix.
• Eurogate Group: European container and multipurpose terminal operator. Comparable as a multimodal terminal operator with container, Ro-Ro, and general cargo handling capability, though focused on larger West European hubs rather than the Baltic transit market.

Direct peers

• Klaipėda State Seaport Authority: Major Lithuanian Baltic port handling containers, bulk, Ro-Ro, and liquid cargo. Comparable as a regional multipurpose terminal operator serving the Baltic/Eastern Europe transit corridor with similar multimodal connectivity and cargo mix to SilSteve's operations.
• Tallinna Sadam (Port of Tallinn): Estonia's largest port operator, listed on the Tallinn Stock Exchange. Operates multiple terminals including Muuga, Old City Harbor, and Paldiski South Harbour, handling containers, Ro-Ro, general cargo, and passengers. Directly comparable as a Baltic port terminal operator competing for Estonian and transit cargo flows, though at significantly greater scale.
• Freeport of Riga Authority: Latvian port authority operating multiple terminals handling bulk, containers, Ro-Ro, and general cargo. Directly comparable as a Baltic multipurpose port terminal operator competing for CIS-EU transit and Scandinavian cargo flows through similar infrastructure and service offerings.
• Ventspils nafta terminals: Latvian terminal operator historically focused on petroleum and bulk cargo handling at Ventspils Port. Comparable as a Baltic port terminal operator serving transit flows between CIS and Western markets with deep-water quay infrastructure.

Regional players

• PKL Cargo (Paldiski): Estonian terminal operator at Paldiski Port handling bulk and general cargo for Baltic transit flows. Comparable as a smaller Estonian terminal operator competing for similar cargo flows with stevedoring and storage capabilities, though at a different geographic location.
• Liepaja Special Economic Zone (Port of Liepaja): Latvian port authority operating Liepaja Port with bulk, general cargo, and Ro-Ro capability. Comparable multifunctional terminal operator in the Baltic region competing for similar transit cargo flows, though primarily serving different hinterland corridors.

Others

• Eesti Raudtee (Estonian Railways): Estonian national railway operator providing rail connectivity and wagon maneuvering services. Comparable as a multimodal transport infrastructure provider with related railway operations supporting cargo flows through Estonian ports, including Sillamäe.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/silsteve-jsc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 SilSteve