Port of Yuzhny

DP World completes the acquisition of Ukrainian terminal

Dubai-based logistics solutions provider, DP World, has announced the completion of its acquisition of a 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine.

The completion of the acquisition follows the satisfaction of specific conditions including confirmation of regulatory approval from the relevant government authorities.

This project will be DP World’s second partnership with TIS shareholders, after its partnership in P&O Maritime Ukraine which provides harbour towage services...

https://container-news.com/dp-world-completes-the-acquisition-of-ukrainian-terminal/

DP World completes purchase of majority stake in TIS box terminal in Yuzhny

Dubai’s DP World has completed its acquisition of a 51% stake in TIS Container Terminal in the Ukrainian port of Yuzhny, after winning the regulatory green light from the government.
The deal represents DP World’s second partnership with TIS shareholders, after forming P&O Maritime Ukraine, which provides harbour towage services in the country’s Black Sea ports.
DP World also suggested it could use the acquisition as a platform for its shipping line …

The post DP World completes purchase of...

https://theloadstar.com/dp-world-completes-purchase-of-majority-stake-in-tis-box-terminal-in-yuzhny/

DP World buys Ukranian container terminal

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/