Published: 25 July 2016 @ 01:19
Odessa Sea Commercial Port have signed Memorandum of cooperation with P&O Maritime.
Signing of the Memorandum with P&O Maritime FZE was held on July 22 2016 in the presence of Minister of Infrastructure of Ukraine Volodymyr Omelyan.
The parties have agreed to explore investment opportunities into Ukrainian port industry and implementation of best practices in port assets management by P&O Maritime.
This document confirms intention of P&O Maritime to manage and invest into Ukrainian port assets, primarily in the towing fleet.
The Memorandum enables P&O Maritime to design a model aimed to improve existing maneuvering operations system of the Odessa Port fleet and to identify potential to increase work efficiency.
“Today we have signed a document confirming the readiness of Ukraine and the attractiveness of our assets to international investors. It is not a secret that Ukraine is in need to attract partners who are willing to invest and can implement an effective management system and maintain high social standards. DP World and it’s subsidiary P&O Maritime are definitely such partners”. – said Volodymyr Omelyan.
Odessa Sea Commercial Port is located in the northwestern part of the Black Sea at the intersection of historical routes of East and West. The port is called bylarge cruise vessels up to 300 meters length and 11.5 meters draft. The port is capable to handle over 25 million tons of dry bulk and 25 million tons of liquid cargo per year.
P&O Maritime is a leading provider of marine services to governments and blue chip organizations globally. P&O is in existence for 179 years and operate vessels in dozens of countries on all seven seas. Today P&O Maritime is a subsidiary of Dubai Port World - world leader in marine terminals with over 60 terminals on all continents, affiliated to the Government of Dubai.