OVER 20, 000, 000€ OF NEW INVESTMENT – Container Terminal Odessa completed construction of the 4th launch construction complex of container terminal on the Quarantine mole

Today, October 27 there was a briefing presentation, in the scope of the international transport forum TRANS EXPO-2020 in the port of Odessa, on completion of the 4th launch construction complex of the new container terminal of HHLA CTO (subsidiary of the German holding Hamburger Hafen und Logistik AG (HHLA) on the Quarantine mole. The company is implementing this project, which is one of the largest in the maritime sector, together with the Ukrainian Sea Ports Authority (USPA). The 4th launch construction complex is a 6-lane platform for storage and handling of containers with utilities and lighting equipped with modern Liebherr RTGs. According to the German part, the total investment in this facility amounted to more than 20, 000, 000€.

“Today we are presenting successful implementation of another investment stage within the expansion project of the container terminal at the Quarantine mole, which gives us "plus" 300, 000 TEU of the terminal capacity.” Mr. Anastas Kokkin, General Director of HHLA CTO said at the briefing.“Completion of construction of the 4th launch construction complex is another step towards implementation of our plan to create a high-tech container terminal in the port of Odessa with an annual capacity of more than 1.2 million TEU. As of today, the German part has already invested more than 120, 000, 000€ in the project. In addition to the infrastructural investments to improve the service quality for the clients and achieve maximum efficiency and productivity in operation, Container Terminal Odessa invests in the innovative technologies. So, at present a project is being implemented to introduce a state-of-the-art web portal for the transition to the electronic document flow and best optimization of the basic procedures for the terminal's clients, including a drastic reduction in time required for the trucks entrance registration and other advantages. The new service using the web portal meets the advanced European standards and is certified by the State Service for Special Communications and Information Protection of Ukraine.

Container Terminal Odessa is a permanent leader of port container handling in Ukraine. According to the results of last year HHLA CTO handled almost 5, 000, 000 tons of container and general cargoes. Including that 391.4 k TEU were handled (+ 15.8% as compared to 2018).

“Over the last years we have seen how Container Terminal Odessa diversify their activities and along with container handling offer to the customers a service of general and project cargo handling and perform additional loading of ships with grain cargo. Commissioning of the 4th construction complex of the new container terminal at the Quarantine Mole, the project being implemented by CTO jointly with the USPA, will further strengthen the competitive position of Odessa port in the container handling market,” Mr. Denis Karpov, Operation Deputy Head of Odessa port administration mentioned in his speech.

Because of coronavirus pandemic the year 2020 became a year of difficult trials for the transport business. Despite this HHLA, does not change their plans for further investment in the Ukrainian economy. So, in addition to investing in the expansion of the Quarantine Mole container terminal, the German partners announced creation of the Ukrainian Intermodal Company (UIC) this year, which will develop container rail transportation, incl. from the Odessa port. To support this Container Terminal Odessa is implementing an investment project to double terminal's rail handling capacity to ensure handling regular container trains.

At the briefing on October 27, 2020, Mrs. Svetlana Yarovaya, Vice President for Public and Political Affairs of HHLA CTO and Hamburg Ambassador confirmed firmness of the HHLA course towards the development of their projects in Ukraine.

“As an Honorary Representative of the Free and Hanseatic City of Hamburg in Odessa, I would like to note that the German company HHLA of the Hamburg port with a turnover of more than 1.25 billion EUR is a consistent and most potent German investor in the maritime transport industry of Ukraine. During 20 years of close and mutually beneficial cooperation between the ports of Odessa and Hamburg, not only new jobs with the highest social security were created, but also the most important cultural projects for Odessa and Hamburg were actively supported. Today under most difficult economic conditions associated with an epidemiological quarantine situation, Hamburg not only has not stopped its investments, but is doing its best to increase cargo turnover and attract new customers.”

INFO. Subsidiary company “Container Terminal Odessa” (until 2017 known as Subsidiary Company HPC Ukraine) has been operating a container terminal at the Quarantine mole of Odessa port since 2001. Since 2009 together with the USPA represented by the Odessa port administration the company has been implementing a terminal expansion project. The first and second construction complexes of the project, which includes i.a. new state berths 1K and 2K, were put into operation in autumn of 2014. CTO is one of the largest taxpayers in Odessa region: in 2018 the company transferred 390, 000, 000 UAH to the different level budgets. At the end of 2019 Container Terminal Odessa was second in the international rating of leaders of Black Sea container terminals.