Business news from Ukraine

SMD-INVEST STARTS DREDGING WORKS AT KHERSON MARITIME SEAPORT

SMD-Invest has started dredging works at the Kherson maritime merchandise port as a winner of the tender of the Kherson branch of state-owned enterprise (SOE) Ukrainian Sea Ports Authority. “The last time the operational dredging in the port of Kherson was carried out seven years ago – in 2005-2011: then the total volume was less than 100,000 cubic meters. Now the contractor will perform four times more dredging on request of the Ukrainian Sea Ports Authority. Thanks to this, the state and private stevedores will be able to use the technical capabilities of the port to its fullest capacity,” Sea Ports Authority Head Raivis Veckagans said, being quoted in a posting on the website of the authority.
According to the Sea Ports Authority, the dredging fleet of the contractor has already arrived at the port of Kherson. First, it is planned to dredge six anchorages, then – the remaining facilities of the contract.
On February 26, 2018, SMD-Invest became the winner in the tender for dredging at the port of Kherson with a price offer of UAH 120.2 million with an estimated value of UAH 126.9 million. The volume of dredging works will be 401,300 cubic meters, the works are to be finished in up to six months.

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