DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval.
Dubai based company says the acquisition complements the existing operations of DP World’s P&O Maritime Services business through a joint venture with TIS Group, providing tugging, pilotage and other marine services in several Ukrainian ports.
The Ukrainian container market grew over 20% in 2019, and TIS...
https://container-news.com/dp-world-buys-ukranian-container-terminal/