Ukraine has lost one of the world’s largest port operators—DP World
19 March 10:21
TIS has fully bought out its container terminal and towing business from its Arab partners. This was reported the day before by Kommersant Ukrainsky, citing its own sources.
According to the editorial office, the shareholders informed the teams about the consolidation of control over the companies in TIS and assured that the companies would continue to operate as normal.
The exit of the Arab investors ended an almost decade-long history of close cooperation.
Subsequently, in response to a request from Latifundist.com, DP World confirmed "Komersant Ukrainian"‘s information about the sale of its stake in the container terminal at the port of Pivdenny.
“Following a five-year partnership, Ukrainian port operator TIS Group and DP World, a global leader in logistics and trade headquartered in Dubai, have signed an agreement under which DP World has sold its 51% stake in the container terminal in Pivdenny, Ukraine, as well as the associated marine services business back to TIS in line with DP World’s regional and global strategy,” the operator said in a statement.
The company said that the relevant regulatory approvals have been received and the transaction has been completed.
At the same time, DP World will continue to consider business opportunities in Ukraine.
About TIS
TIS (Transinvestservice) is the largest private port operator in Ukraine, founded in 1994 by Oleksiy Stavnitser and Oleg Kutateladze.
The company operates in the waters of the port of Pivdenny (Odesa region) and is a critical hub for Ukrainian exports. The company has its own developed railway infrastructure (over 80 km of tracks) and a locomotive depot.
Before the full-scale invasion, TIS handled over 30 million tons of cargo annually, which accounted for about 20% of the total cargo turnover of Ukrainian seaports.
After the consolidation of assets, TIS becomes the sole owner of the container and towing directions, which will allow the company to independently manage operational processes in the conditions of the “grain corridor” and military risks in the Black Sea.
Ports in Ukraine
In March, it became known that the Coordination Council for the Development of the Competitive Environment in Seaports supported a pilot project aimed at developing export routes through Ukrainian ports on the Danube.
According to the Ministry of Community Development, Ukrainian ports have processed over 15 million tons of cargo since the beginning of 2026. The main volume of transshipment is provided by the ports of Greater Odessa – 14.5 million tons this year, of which 8.5 million tons are grain exports.
