Performance results in 2024 and planned challenges in 2025

On January 13, 2025, a press briefing was held in the conference hall of LSEZ “Terrabalt”, during which both the LSEZ management and LSEZ “Terrabalt” SIA board member Āris Ozoliņš introduced the attendees to the results of 2024 and the planned challenges in 2025.
LSEZ “Terrabalt” SIA manager Ā. Ozoliņš emphasized that the biggest challenge this year is the start of the reconstruction of the ferry pier. “This is not just a story about the development of ferry transportation, but about its preservation. Pier 46 of the port was built 60 years ago and is physically and morally outdated. The reconstruction of the pier could increase cargo turnover by up to a million tons per year.”
In turn, 2024 was spent continuing stable operational development in cooperation with the ferry operator STENA LINE and other clients, including bulk carriers, which can be served at Berth 50. Also, in 2024, significant reconstruction projects were implemented in the passenger station building in order to offer space rental opportunities to several new cooperation partners in 2025.