Hutchison Ports has signed a Memorandum of Understanding (MOU) with the government of Ukraine for the development of container terminal facilities at Chornomorsk Port on the Black Sea.
Chornomorsk is one of the largest ports in the Black Sea handling a range of cargo including containers, ferries, general and bulk cargoes.
The MOU was signed by Clemence Cheng, Managing Director Hutchison Ports Europe, and Volodymyr Omelyan, the Ukrainian Minister of Infrastructure during a visit by the minister to the Port of Felixstowe in the UK.
“We are delighted to sign this Memorandum of Understanding with the Government of Ukraine to develop container terminal facilities at Chornomorsk. We have long seen the potential for growth in container business in Ukraine and look forward to working together with the Ministry of Infrastructure to realise our shared aim of developing world class port facilities to facilitate trade,” Cheng said.
Situated in the south-western region of Ukraine 20 kilometres south of Odessa, Chornomorsk has established rail connections to the country’s capital Kiev.
“I am glad that the world’s leading port operator enters Ukraine’s maritime market. Government is committed to finalize the agreement and to close the deal in 2017,” minister Omelyan said.
No further details about the project have been revealed thus far.