Aktsiaselts SILLAMÄE SADAM

What Aktsiaselts SILLAMÄE SADAM does

Aktsiaselts Sillamäe Sadam (Silport) is a 100% privately owned landlord-type cargo port located in northeastern Estonia on the Narva Bay, 25km from the EU-Russia border. Opened to international maritime traffic on October 14, 2005, the port operates across a 750-hectare territory with 13 stationary berths (depths 12-16m, total quay length 3km), accommodating vessels up to 275m length, 56m width, and 15.2m draft. It functions as Estonia's second-largest and the Baltic states' fifth-largest cargo port by throughput, handling approximately 10 million tonnes annually across four operating terminals: Silsteve (multi-functional container, general, bulk, project, RO-RO, and vehicle cargo), Puma Energy Baltics (dark petroleum products and shale oil), DBT (liquid fertilizers and ammonia), and Eurochem Terminal Sillamäe (liquid chemicals). The port is structured as a Type I Free Zone, enabling 0% VAT on goods disposition and customs optimization for transit cargo, and integrates a 14-track railway station (34km total rail, 12M tonne annual capacity) connected to the Estonian rail network via Vaihvara, an 11km road network, a 450-truck capacity TruckStop with GoSwift electronic border queue integration, and 110+ hectares of open storage for project cargo.

The business model combines recurring infrastructure-based income streams with transactional cargo and vessel fees. Revenue streams include port service fees and tonnage dues (e.g., 2.35 EUR/GT for tankers effective May 2024), long-term land lease (up to 99 years) within the Free Zone, rental income from terminal operators and affiliated entities (Silport Kinnisvara for real estate, Silpower AS for energy/utility supply to the port and Sillamäe industrial zone), and railway forwarding and infrastructure usage charges. The customer base is concentrated among shipping companies, freight forwarders, cargo owners, and industrial park tenants — with the four terminal operators serving as the primary operational channel for cargo handling. The company maintains a B2B enterprise field sales motion through its Sillamäe port office and Tallinn headquarters, with named board and commercial leadership responsible for port development, real estate, commercial operations, and marketing. The 69-company port cluster, year-round navigability, multimodal connectivity (sea/rail/road), and Free Zone status function as the core value proposition for transit, import, and export cargo between the EU and Eurasian markets.

Name

Aktsiaselts SILLAMÄE SADAM

Legal name

Aktsiaselts Sillamäe Sadam

Website

https://silport.ee

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Aktsiaselts Sillamäe Sadam operates Silport, Estonia's second-largest landlord-type cargo port, serving shipping companies, freight forwarders, and industrial tenants across a 750-hectare Free Zone with deep-water berths, four terminals, and integrated rail, road, and border infrastructure.

Ownership category

akta.pro rank

Product category

Cargo Port Services

NAICS

Port and Harbor Operations (48831), Marine Cargo Handling (48832), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Dangerous Goods / IMO Breakbulk Handling & Storage (TLAHADAH)

akta.pro secondary industries

Hazmat & Dangerous Goods Warehousing (Regulated Storage) (TLAIACAE), Project Cargo & Heavy-Lift Transload (TLALAFAL)

Keywords

• Deep-water cargo port
• Port logistics services
• Free zone operations
• Multimodal cargo handling
• Industrial park leasing

Headquarters

HQ city

Sillamäe

HQ country

Estonia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain

Revenue model

1. Port Services and Fees: Revenue from cargo handling services, ship servicing (24/7), quay usage, and various port fees including tonnage dues. Tonnage dues for tankers set at 2.35 EUR/GT from 01.05.2024.
2. Land Lease and Rental: Land-use contracts up to 99 years for industrial park development, terminal construction, and manufacturing facilities within the 750ha territory.
3. Terminal Operator Rentals: Rental income from four operating terminals: Silsteve, Puma Energy Baltics, DBT, and Eurochem Terminal Sillamäe, plus Silpower AS and Silport Kinnisvara AS.
4. Railway Services: Railway forwarding, infrastructure usage, cargo weighing, and shunting operations at the port railway station.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Aktsiaselts Sillamäe Sadam (Silport) is a landlord-type deep-water cargo port offering multimodal logistics services — sea, rail, and road — across 13 berths on a 750-hectare Free Zone territory in northeastern Estonia. It provides cargo handling infrastructure through four operating terminals (multifunctional, petroleum, liquid fertilizers/ammonia, and liquid chemicals), an integrated railway station, a TruckStop with electronic border queue management, Silpower energy utility services, and an industrial park with long-term land leases up to 99 years.

Product overview

Port of Sillamäe (AS Sillamäe Sadam / Silport) is a landlord-type multi-functional deepwater cargo port operating as Estonia's second largest and the Baltic states' fifth largest cargo port. The port offers a comprehensive ecosystem comprising: (1) four operating terminals - Silsteve (multifunctional container/general/bulk/project cargo and ro-ro), Puma Energy Baltics (oil products), DBT (liquid fertilizers and ammonia), and Eurochem (liquid chemicals); (2) infrastructure services including railway station, TruckStop parking zone, and Silpower energy utility; (3) industrial park with 300+ hectares available for development; and (4) specialized project cargo handling capabilities. The port handles goods 24/7 across all modes (sea, rail, road) and operates within a Type I Free Zone enabling 0% VAT treatment. With 13 berths (depths 12-16m, total 3km), annual throughput of 10 million tons, and proximity to EU-Russia border (25km), the port serves as a key logistics hub for transit cargo between the EU and Eurasian mainland.

Differentiator

Problem solved

Functional benefit

Products and services

• Port of Sillamäe (Silport) Cargo Handling and Vessel Servicing Landlord-type multi-functional deep-water port offering 24/7 year-round cargo handling and vessel servicing across 13 berths (depths 12-16m, total quay 3km) for all vessel types entering the Baltic Sea. Handles container, general, bulk, project cargo, cars, RO-RO, dark petroleum products, shale oil, liquid fertilizers, ammonia, and liquid chemicals. Located on Narva Bay in northeastern Estonia, 25km from the EU-Russia border. Operates within a Type I Free Zone enabling 0% VAT transactions for transit goods. Annual throughput approximately 10 million tonnes; serves shipping companies, cargo owners, and freight forwarders.
• Industrial Park (Sillamäe Free Zone Land Leasing)

Quantifiable outcome

• Estonia's 2nd largest and Baltic states' 5th largest cargo port by throughput
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• Silsteve AScoreTechnology or IntegrationMultifunctional terminal operator handling containers, general cargo, bulk, project cargo, cars, and RO-RO shipments. Located at Kesk 2, 40231 Sillamäe. Services include electricity/water supply, security, video surveillance, cargo handling, stock accounting, customs and transport documentation.
• Puma Energy Baltics AScoreTechnology or IntegrationTerminal operator for dark petroleum products and shale oil. Located at Kesk 2b, 40231 Sillamäe. Forms part of the port's liquid cargo handling cluster.
• AS DBT SillamäecoreTechnology or IntegrationTerminal operator for liquid fertilizers and ammonia. Located at Kesk 2c, 40231 Sillamäe. Part of DBT EU network (www.dbt.eu).
• Eurochem Terminal Sillamäe AScoreTechnology or IntegrationTerminal operator for liquid chemicals. Headquarters in Moscow (Dubininskaya Street 53). Eurochem is a major global chemical company.
• Silpower AScoreTechnology or IntegrationPrivate energy utility established 1997 supplying electricity, heat, steam (0.4 MPa, 250°C), district heating water, process water, and drinking water to port and Sillamäe industrial zone. Located at Kesk 4, 40231 Sillamäe.
• Silport Kinnisvara AScoreTechnology or IntegrationReal estate developer for SILPORT and Sillamäe Free Zone. Led by Tõnis Seesmaa, Board Member. Handles property development within port territory.
• AS ÖkosilsupportingTechnology or IntegrationEnvironmental company operating within the port cluster, providing environmental monitoring and compliance services.
• GirF (GoSwift System)supportingTechnology or IntegrationDeveloper of GoSwift electronic border crossing queue system used at Sillamäe TruckStop and all Estonian land border crossings with Russia. System enables efficient truck border crossing management.
• Estonian Railway (Eesti Raudtee)supportingTechnology or IntegrationRailway infrastructure connection via 4.6km link to Vaijvara station. Port railway station operates under contract tariffs to/from tariff station Vaijvara.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Port of Tallinn (Tallinna Sadam): Estonia's largest cargo and passenger port, publicly listed on the Tallinn Stock Exchange (TSPORT). Operates multiple terminals (Muuga, Old City, Paljassaare, Paldiski) handling containers, general cargo, and liquid bulk. Directly comparable Estonian peer competing for the same shipping customer base with overlapping multimodal infrastructure.
• Liepāja Port Authority: Latvian Baltic port with Free Economic Zone status handling general cargo, bulk, and containers. Comparable smaller multipurpose port in the Baltic region competing for eastern transit volumes and industrial park tenants within a regulated Free Zone framework.
• Klaipėda State Seaport: Lithuania's largest and the Baltic's largest port, handling containerized, bulk, liquid, and RO-RO cargo with a Free Economic Zone. Comparable multipurpose facility serving the eastern Baltic with similar cargo mix including fertilizers and petroleum products, and competing for EU-Russia transit flows.
• Port of Ventspils: Latvian bulk and petroleum port historically significant for crude oil, fertilizers, and liquid cargo handling. Strong competitor in the same Baltic commodity corridors, with comparable deep-water infrastructure and Free Zone operations for liquid bulk cargoes similar to Silport's petroleum and fertilizer streams.
• Port of Riga (Riga Universal Terminal, etc.): Latvia's principal Baltic port operated via multiple stevedore companies handling containers, wood, metals, and bulk cargo. Comparable multipurpose port with Free Zone status serving Baltic-region shippers with similar cargo diversification and multimodal connectivity.

Others

• Puma Energy: Global mid- and downstream petroleum products company operating Puma Energy Baltics terminal within Silport for dark petroleum products and shale oil. Comparable as a bunker/tank-farm terminal operator tenant; relevant for understanding petroleum terminal economics and Puma Energy's regional strategic posture.
• Eurochem Group AG: Major global nitrogen fertilizer producer operating Eurochem Terminal Sillamäe as a key Baltic liquid chemicals terminal inside Silport. Directly comparable as a tenant-counterparty and as an entity with parallel global bulk liquid logistics operations; particularly relevant given its ownership stake and cargo supply relationship with Silport.

Broad incumbents

• APM Terminals (Maersk): Global terminal operator owned by Maersk operating over 70 container and multipurpose terminals worldwide. Comparable landlord terminal operator model with deep expertise in containerized and bulk cargo; relevant as a potential strategic acquirer for mid-sized Baltic multipurpose ports.
• DP World: Global terminal operator managing container and multipurpose terminals across 70+ countries including Baltic operations. Comparable landlord-type port business model at scale; relevant as a capital-rich incumbent that could expand into eastern Baltic or acquire mid-sized regional ports.

Regional players

• HaminaKotka Port (Steveco, Hamina port operators): Finnish Baltic port and the largest container port in Finland serving eastern Finnish industry with similar multipurpose cargo handling. Comparable deep-water, multimodal Baltic port competing for the same regional shipping customers but operating in a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=L2ojX2a2Wyc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

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 Aktsiaselts SILLAMÄE SADAM