Port News & Information Mediterranean, Black & Caspian Seas

Net profit of USPA in the first half 2018 was UAH 1.3 billion

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Odessa, Ukraine (Ports Europe) August 21, 2018 – The Ukrainian Sea Ports Authority (USPA) has reported financial results for the first six months of 2018. Net income of USPA amounted to UAH 3.6 billion (€112.31 million) and net profit was UAH 1.3 billion (€40.55 million). “Since the beginning of 2018, USPA has been operating in new economic conditions. From January 1, new liberal rates for port duties came into…

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