An agreement to be signed at 3:30 today will link the Philadelphia Regional Port Authority with Europe and Asia via the Republic of Lithuania Port of Klaipeda.
Klaipeda, the Lithuanian port city on the eastern coast of the Baltic Sea, is an ice-free route that can lead the Philadelphia port toward European and Asian shipping trade.
The port in Klaipeda can handle up to 45 million tons of cargo per year.
The Commonwealth of Pennsylvania and the Republic of Lithuania already have a federally mandated partnership. Ambassadors and officials from both ports will be on hand to sign the Memorandum of Understanding.