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CMA CGM Signs Public-private Partnership To Help Develop Odessa Port

CMA CGM signs public-private partnership to help develop Odessa port

CMA CGM Signs Public-private Partnership To Help Develop Odessa PortSource: Ukrainian Sea Ports Authority

Odessa, Ukraine (PortSEurope) December 10, 2018 – During a state visit to France, Ukraine Minister of Infrastructure of Ukraine Volodymyr Omelyan, was present at the signing of a memorandum of understanding between Ukrainian Sea Ports Authority (USPA), State Enterprise “Odessky ICC”, “Brooklyn-Kyiv Port” LLC with the participation of CMA CGM, the French shipping company.

USPA head Raivis Veckagans said that in the framework of this project in Odessa, reconstruction of berths № 13-с, 14-с would be addressed. This will avoid simple vessels and significantly increase the volume of cargo handling”.

Ukraine is interested in cooperation with international investors, therefore the Government is taking a number of measures to increase the investment attractiveness of our country. Ukrainian ports open new opportunities for foreign investors. CMA CGM cooperation with the Ukrainian side is beneficial for everyone as it will provide investment in the development of the Odessa seaport, increase in freight traffic and, as a consequence, significant deductions to budgets of different levels. Container shipping market is very dynamic, therefore world port operators are most interested in building up their capacities. Taking into account the considerable potential of Ukraine, as well as the fact that the authorities of Ukraine are interested in attracting investments in the port sector of the country, in the near future we expect to increase container transportations through Ukrainian ports, “said Volodymyr Omelyan”.

“The development of cooperation between USPA, Brooklyn-Kyiv Port and CMA CGM is another example of an effective public-private partnership. In accordance with our developed port development strategy by 2038, public-private partnership projects will attract nearly UAH 44 billion. investments in the development of the port industry. In the framework of this project in Odessa, reconstruction of berths № 13-с, 14-с. This will avoid simple vessels and significantly increase the volume of cargo handling, “said Rivis Veszkagans, Head of the Sea Ports Administration.

“The memorandum signed today gives hope that in the near future a large-scale infrastructure project will be implemented at the Odessa port, which will ensure attraction of investments into the development of the infrastructure of the Odessa seaport, increase of cargo traffic and the number of ship actions in the Odessa seaport, introduction of new production technologies in the sea port of Odessa, creation of new workplaces, increase of social standards for port workers”, said Omelyan.

CMA CGM SA is a French container transportation and shipping company. It is a leading worldwide shipping group, using 200 shipping routes between 420 ports in 150 different countries.

LLC Brooklyn-Kiev one of the largest stevedoring companies and one of the leading companies of Ukrainian transport sector, which has been operating since 1992 in the territory of Odessa seaport.

Source: Ukraine Ministry of Infrastructure

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