Port operator DP World has completed the acquisition of a 51% share in TIS Container Terminal in the Port of Yuzhny in Ukraine.
The financial details of the deal have not been disclosed. The deal was finalised after meeting certain conditions and receiving the receipt of regulatory approval.
The deal marks the second partnership of DP World with TIS shareholders. The company has partnered with P&O Maritime Ukraine that offers harbour towage services in Ukraine’s Black Sea ports.
The deal was first...
https://www.ship-technology.com/news/dp-world-acquisition-majority-stake-tis-container-terminal/