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Jet Airways takes off under RCS
ALLAHABAD, India: June 14, 2018. Jet Airways has c...

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Panalpina continues Latam expansion with Newport buy
BASEL, Switzerland: June 15, 2018. Panalpina has c...

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APL, Evergreen and HMM boost Asia-Australia capacity
LONDON: June 14, 2018. APL, Evergreen, and Hyundai...

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Emirates returns to Luanda, further frequencies eyed
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MIA welcomes Air Italy
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DB and Georgian Railway target future growth together
BERLIN: June 13, 2018: Deutsche Bahn and Georgian ...

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Hactl handles ABC
HONG KONG: June 12, 2018: Hong Kong Air Cargo Term...

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Kerry bolsters China cross-border services
HONG KONG: June 13, 2018: Kerry Logistics Network ...

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Cargolux supports solar boat
Luxembourg: June 11, 2018: Cargolux is to provide ...

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Jet Airways takes off under RCS
Panalpina continues Latam expansion with Newport buy
APL, Evergreen and HMM boost Asia-Australia capacity
Emirates returns to Luanda, further frequencies eyed
MIA welcomes Air Italy
DB and Georgian Railway target future growth together...
Hactl handles ABC
Kerry bolsters China cross-border services
Cargolux supports solar boat

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FELIXSTOWE, UK: December 19, 2016. Hutchison Ports has signed an MoU with the Ukraine government to develop container facilities at the port of Chornomorsk on the Black Sea.

Ukraine port of ChornomorskAccording to Ukraine agribusiness consulting company UkrAgroConsult, last month Chornomorsk was visited by the China National Complete Engineering Corporation (CCEC) with a view to establishing a joint venture with the State Food Grain Corporation of Ukraine.

The CCEC holds a contract to purchase Ukraine grain exports under a US$1.5 billion loan from the Export and Import Bank of China and is interested in developing the port's existing grain terminal to handle five million tonnes a year and vessels up to 100,000 dwt.

UkrAgroConsult noted China has set up a €10 billion investment fund to finance infrastructure and other projects in Central and Eastern Europe.

Situated 20 kilometres south of Odessa with a rail link to Kiev, Chornomorsk is one of the largest ports in the Black Sea and handles a range of cargo including containers, RoRo, general and bulk cargoes.

The Ukraine government MoU was signed by Volodymyr Omelyan, Ukraine minister of Infrastructure and Clemence Cheng managing director Hutchison Ports Europe: "We have long seen the potential for growth in container business in Ukraine and look forward to working together with the Ministry of Infrastructure to realize our shared aim of developing world class port facilities to facilitate trade," Cheng declared.

Minister Omelyan added: "I am glad that the world's leading port operator enters Ukraine's maritime market. Government is committed to finalize the agreement and to close the deal in 2017."

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