The state-owned enterprise Ukrainian Sea Ports Authority (USPA) increased its revenue by 55.56% to UAH 6.3 billion in 2024.
According to the annual report available to Interfax-Ukraine, the company’s net profit increased 3.4 times to UAH 2.77 billion.
According to the results of 2024, the cargo turnover of six seaports in Chornomorsk, Odesa, Pivdennyi, Reni, Izmail, and Ust-Dunaysk increased by 57.1% compared to the same period in 2023, reaching 97.3 million tons.
The USPA manages state-owned ports and a number of state-owned enterprises, pursuing the goal of ensuring the functioning and development of seaports through the efficient use of state property, the reconstruction and construction of port infrastructure facilities, and the provision of maritime navigation.
The company’s activities are financed by port fees collected in accordance with the law, fees for services subject to state regulation, rent, and other sources not prohibited by law.
