Independent journal on economy and transport policy
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Maritime P&O (DP World) have acquired the control of the Ukrainian society of towing LB Shipping
The company work in the port of Yuzhnyi
January 5, 2018
Maritime society P&O of the terminalista group DP World of Dubay has acquired a share quota control in the Ukrainian society of towing LB Shipping, than work in the port of Yuzhnyi, situated on the north-western coast of the Black Sea. The Ukrainian investment bank SD has announced Capital having specified to have participated to the transaction in quality of cofinanziatrice.
With the transaction the DP World group has entered for the first time in the Ukrainian market. According to how much official notice from SD Capital, to the action of the subscription of the purchase of the quota and the creation of joint venture the president of the Middle Eastern terminalista group, the sultan Ahmed Bin Sulayem, would have confirmed the intention of DP World to carry out investments in harbour infrastructures of Ukraine.
In the first five months of the 2017 port of Yuzhnyi it has recorded a traffic of 18,5 million tons of goods, volume that is elevated enlivened in the period from the Ukrainian ports and that it represents an increment of +6.6% regarding the correspondent period of 2016. The majority of the traffic has turned out constituted from bulk sand banks (16,5 million tons) and from liquid bulk (1,4 million tons).
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