Ukraine has lost one of the world’s largest port operators—DP World
19 March 10:21
Global container operator DP World has sold its 51% stake in the container terminal at the Port of Pivdennyi.
According to Latifundist, citing a statement from DP World, the stake was acquired by the TIS Group, which also regained control of the P&O Maritime Ukraine tugboat business, reports [Komersant].
“After a five-year partnership, Ukrainian port operator TIS Group and DP World, a global leader in logistics and trade headquartered in Dubai, signed an agreement under which DP World sold its 51% stake in the container terminal at Pivdennyi, Ukraine, as well as the related maritime services business, back to TIS in accordance with DP World’s regional and global strategy,” the operator said in a statement.
The company reported that the necessary regulatory approvals have been obtained and the transaction has been completed.
At the same time, DP World will continue to explore business opportunities in Ukraine.
DP World acquired the TIS container terminal in June 2020. The purchase of a stake in the terminal marked the second successful partnership between DP World and TIS shareholders. The companies’ first joint project was the tugboat operator P&O Maritime Ukraine.
Ports in Ukraine
Earlier in March, it was reported that the Coordination Council on the Development of a Competitive Environment in Seaports supported a pilot project aimed at developing export routes through Ukrainian ports on the Danube.
Since the beginning of 2026, Ukrainian ports have handled over 15 million tons of cargo. The bulk of transshipment is handled by the ports of Greater Odessa—14.5 million tons this year, of which 8.5 million tons are grain exports.
