ANALYSIS OF FOREIGN VESSEL TRAFFIC AND ITS ECONOMIC IMPACT ON THE PORT OF KLAIPEDA
DOI:
https://doi.org/10.17770/iss2024.8347Keywords:
cargo vessels, economic implications, logistics, port of Klaipeda, water transportAbstract
The port of Klaipeda, situated on Lithuanian‘s Baltic Sea coast, serves as a pivotal hub for maritime trade. Foreign ships play a crucial role in transporting diverse cargo to this port, facilitating international trade and economic growth. These vessels, representing various countries, navigate the Baltic Sea to deliver goods ranging from raw materials to finished products. The influx of foreign ships into Klaipeda underscores the port ‘s significance in global commerce and highlights Lithuania‘s integration into the broader maritime network. Understanding the dynamics of foreign ship traffic to Klaipeda is vital for comprehending the port‘s role in regional and international trade.
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