Business news from Ukraine

Business news from Ukraine

TIS CONTAINER TERMINAL INCREASES CARGO TURNOVER BY 54% IN JAN-SEPT

TIS container terminal (Odesa region) in January-September 2018 increased its cargo turnover by 54% compared to the same period in 2017, to 78,200 TEU, the company has said. “This is the result … of investment in the amount of $52 million in the installation of two new STS cranes, the launch of weekly container trains to Kyiv, Dnipro, Kharkiv, and Ternopil, increasing berth 22 to 600 meters,” the company notes.
TIS added that the launch of new Maersk ME-3 service and the high processing speed of 5 STS re-loaders also contributed to the rapid growth in container handling. The TIS group of terminals is the largest stevedoring operator in Ukraine. Cargo turnover in 2017 amounted to 26.012 million tonnes. The depth of berths near the terminals ranges from 15 to 16 meters, the total length of the eight berths of TIS exceeds 1,800 meters with the prospect of expansion by another 1,500 meters.

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