Minister of Infrastructure of Ukraine Volodymyr Omelyan signed a memorandum of understanding for cooperation between the Port of Odessa and P&O Maritime. The company will take the towing and mooring services in the port, but also will assist the local authorities in search of best investment decisions for port infrastructure and introducing best practices for management and operations of port assets. 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. The company intends to invest in Ukraine in the development of port services – mainly tugs.
“Today we have signed a document confirming the readiness of Ukraine and the attractiveness of our assets to international investors”, said Minister of Infrastructure of Ukraine, Volodymyr Omelyan. “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”, added he.
Odessa Sea Commercial Port is capable to handle over 25 million tons of dry bulk and 25 million tons of liquid cargo per year. P&O Maritime, from another side, is a leading provider of marine services to governments and blue chip organizations globally.