24 Nov 2025

Pohla & Hallmagi Advises Baltic Sea Bunkering on Sale of Paldiski North Harbour to PNP Investment Management

"Pohla & Hallmagi advised Baltic Sea Bunkering on the sale of Paldiski North Harbour to Luxembourg-based PNP Investment Management, while Palladium advised the buyers. The transaction transfers ownership of the ice-free, year-round Paldiski North Harbour, a key asset for Estonia's logistics capacity, strategic security and trade."

Pohla & Hallmagi represented client(s) Baltic Sea Bunkering, while Palladium represented client(s) PNP Investment Management in connection with the transaction. The transaction involved the sale of Paldiski North Harbour to PNP Investment Management. PNP Investment Management is a Luxembourg-based fund that acquired the port asset from Baltic Sea Bunkering. As an ice-free port operating year-round, Paldiski North Harbour plays a significant role in Estonia's logistics capacity, strategic security and trade, a point underscored by the port's new Supervisory Board Chair Oliver-Gerd Vald. Pohla & Hallmagi represented client(s) Baltic Sea Bunkering with a team composed by: Partners Martin Mannik and Asko Pohla. Palladium represented client(s) PNP Investment Management.
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