DP World acquires majority stake in TIS Container Terminal Ukraine

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DP World, one of the world’s leading port operators, acquires a majority stake of 51% in TIS Container Terminal Ukraine, UkraineInvest reported.

“DP World will introduce it’s latest IT solutions and group’s global expertise, focusing on the intermodal segment of cargo transportation, enhancing the terminal team by involving the best professionals from around the world, developing TIS industrial park.” – reports TIS.

In 2019 the DP World turnover surpassed 71 million TEU. The company owns 78 marine terminals in 50 countries. TIS Container Terminal Ukraine is the largest and fastest-growing terminal in Ukraine with a 75% growth in cargo turnover in 2019.

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