News & Events

Data on the total number of cargo at the Freeport of Ventspils in 2021 clearly show – the port is changing and the most importantly is to create a local cargo base. In the first 10 months of 2021, the terminals operating in the Freeport of Ventspils handled more than 9 million tons of cargo. The decline in demand for transit of the energy resources had an effect on the total cargo volume. At the same time in those cargo groups that are not directly dependent on the geopolitical conditions indicate a continued steady growth.

On 15th of October 2021 the ambassador at Embassy of Norway in Latvia, Kristian Ødegaard, visited the Freeport of Ventspils authority to meet the project team of one of the largest, ecology-related projects in recent years and to get acquainted with the newest implementation status of the project. The project regarding the remediation from historical oil contamination is being performed by the Freeport of Ventspils authority and the project’s co-financing sources are provided by the Norwegian financial instrument, thus, giving a significant input in the environmental preservation of the Baltic Sea region.

In July, Ventspils Freeport Authority started implementing one of the largest environment clean-up project in Ventspils. In the next three years, it is planned to clean the territory of the former wastewater treatment plant complex “Ūdeka” and the territory of oil pipeline network from the historical oil product contamination, thereby preventing further spread of contamination.. Total value of the project is more than 5 million euros.

Construction of three new production buildings continues in the industrial territory of the Freeport of Ventspils. New factories will be able to start work in them already in autumn of this year. Lease agreements have already been concluded on usage of two of the buildings but it is still possible to apply for lease of the third production unit with the area of 6300 square metres. 

Due to the declaration of an emergency in the Republic of Latvia, the Freeport of Ventspils Authority shall hereby impose the following restrictions and procedures of action at the Port of Ventspils terminals and on-board.

In order to prevent the further spread of the Covid-19 coronavirus outbreak in the country, the Latvian authorities have announced increased border controls and a temporary suspension of international passenger transportation from March 17 to April 14.

In the evening of 18 December 2019, US Office of Foreign Asset Control has announced cancellation of sanctions against Ventspils Freeport and Ventspils Freeport Authority.  Thus, currently there are no obstacles for Ventspils Freeport Authority, Ventpils Freeport and companies operating at the port to continue their work unhindered.

Treasury Removes Sanctions on Latvia’s Ventspils Freeport Authority

  Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed sanctions imposed on the Ventspils Freeport Authority, which was designated on December 9.

On 22 November 2019 in Ventspils at the newest construction site within the industrial area of the airport at Ganību Street 103, a time capsule was walled into the foundation of the future production building during a festive ceremony. A contract has been entered into on the lease of the building with the company Ultraplast EU, which will be able to start work in only one year in Ventspils.

Bio-Venta - the biggest biodiesel production and tranship company in the Baltics and the only company of such type in Latvia, has been operating in the Freeport of Ventspils for already 15 years and for 10 years since the initiation of biodiesel production.