The DP World TIS Pivdennyi container terminal at the Ukraine’s Port of Pivdennyi has seen a successful first 12 months under DP World’s management. DP World completed the 51% acquisition of the terminal in June 2020 and manages the operation with its local partner, terminal operator, TransInvestServices (TIS).
“DP World has been working in the Ukraine with TIS and P&O Maritime Ukraine for many years, therefore we have been well aware of the potential in this market for a long time, which is why we were so delighted to complete the acquisition last year,” said DP World Europe & Russia CEO, Rashid Abdulla.
“Our first 12 months working alongside TIS have soared past expectations, which is remarkable given the circumstances, and that demonstrates the strength of the market as well as the level of talent and commitment we have in the team in Pivdennyi.”
Maersk buy-in
Last month, it was announced that Maersk had transferred its entire Ukrainian business from the Port of Chronomorsk, to DP World TIS Pivdennyi.
Maersk currently handles approximately one out of every three containers that enter Ukraine – which will translate to the volumes handled by DP World TIS Pivdennyi once the shipping line’s consolidation of its business is complete in August.
Recent rail development at the port has boosted its onward links to other destinations, making the terminal even more important to Ukraine’s trading networks and helping to reduce carbon emissions with the new infrastructure capable of taking the equivalent of more than 10 000 lorries off the roads per year.
For Pivdennyi, this means not only a more efficient cargo transportation option – moving 90 containers per single train departure – but it is also more reliable, less weather-dependent and has lower impact on traffic and wear and tear on Ukrainian roads.
Rashid said: “The rail connection embodies DP World’s philosophy of port-centric logistics, which means bringing together multi-modal transport options into one port. The result is that cargo is moved more efficiently, more cost-effectively and with less environmental impact than through more geographically dispersed connections.”