In 1952, during the Soviet occupation, a new shipyard called Baltijos laivų statykla (Baltija Shipbuilding Yard) was established.

[2] In 1969, another shipyard called Vakarų laivų remonto gamykla (Western Ship Repair Factory) was built.

In 1997, Baltijos laivų statykla was sold to a Danish company Odense Steel Shipyard, while in 2001 Vakarų laivų remonto gamykla was sold to the Estonian company BLRT Grupp.

[6] In 2011, the shipyard built the largest LNG-powered Norwegian ferry MF Boknafjord.

[7][8] In June 2020, the largest floating dock (235 m long and 45 m wide, with lifting capacity of 33,000 tons) in the Baltic States was installed in the shipyard.