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DP World acquires 51% stake in Ukrainian port

Dubai-based DP World will acquire a majority 51% stake in TIS Container Terminal in the Ukrainian port of Yuzhny, boosting its position and presence in the market-leading terminal of Ukraine. Through a statement, DP World commented that the acquisition compliments the operator's existent operations, providing tugging, pilotage and other marine services in several Ukrainian ports.

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Ukrainian ports handled more than 1 million TEU containers in 2019

According to a recent statement, the Ukrainian seaports exceeded the volume of container transshipment of 1 million TEU at the end of 2019, for the first time in the last 10 years. According to the operational data of the Ukrainian Sea Ports Authority (USPA), one million and three and a half thousand TEU containers were handled in the ports for the whole of 2019; this is more than 18% higher than in 2018.

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