BLRT Grupp invested 100 million euros to Western Shipyard in Klaipėda

In early July, the largest floating dock in the Baltic states was permanently installed at the Western Shipyard owned by BLRT Grupp in Klaipėda port water area and already accepted its first vessel – Minerva – for repairs.
This floating dock for servicing Postpanamax, Panamax and Aframax vessels with a length of 235 meters, a width of 45 meters and a lifting capacity of 33,000 tons was acquired by BLRT Grupp in 2016 from the Adriatic Shipyard Bijela in Montenegro. It has been reconditioned and totally modernized.
By putting the dock into operation and accepting the first vessel for repair, the first phase of a project, lasted almost four years, was completed. The second phase of the ship repair branch’s development will be finished in the coming months after the installation of another large dock for Panamax vessels, acquired from the Riga Shipyard at the end of last year. Currently, the dock with a length of 201 meters, a width of 35 meters and a lifting capacity of 30,000 tons undergo repairs and upgrading. Existing dock with a length of 200 meters, a width of 30 meters and a lifting capacity of 27,000 tons, so far operating at the shipyard and considered the largest will now be the third in respect of its capacities.
“Enormous progress in the field of ship repair has been made and the Group is reaching a completely new level, providing further momentum for us and for the ship owners in repair and modernization of large vessels. Western Shiprepair yard will become the largest ship repair hub and, together with the shipyards in Tallinn and Turku, will enable the Group to compete with the greatest ship repair companies of Western and Northern Europe. As a result, several hundred new jobs will be created. In certain periods, it is necessary to involve a large number of highly qualified specialists of various profiles in that kind of projects. Good climate for this has been ensured in Lithuania: specialists for shipbuilding and ship repair are prepared in higher and vocational educational institutions. There is no quota for foreign employees in Lithuania, thus it’s possible to recruit the highly qualified specialists if necessary. Improving its legislation to attract foreign workers, Lithuania adheres to the same principles as Germany, France, Poland and Finland. This creates favourable conditions for the development of entrepreneurship and for economic support. Unfortunately, due to the challenges faced in connection with recruiting foreign labour in Estonia, we were forced to adjust our development plans and to give up the idea of having a large dock we planned to install in the middle of this year, in Tallinn” said Veronika Ivanovskaja, BLRT Grupp, chairman of the board.
Over the past years, BLRT Grupp has been invested 100 million euros to increase competitiveness of Western Shipyard Group companies and to develop capacities in Klaipėda. Implementation of a multimillion project was possible thanks to cooperation with the Klaipėda State Seaport Authority, which also invested in port infrastructure, ensuring the safe handling of ships up to 300 meters in length. All this measures will significantly enhance the operating conditions for both Western Shipyard Group companies and for other operators active in this port area.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























