I CTO

Representatives of the German Bundestag got acquainted with the implementation of Germany's largest investment project in Odessa port

During the visit to Ukraine, a German delegation, which consisted of high-ranking representatives of the German parliament, got acquainted with the implementation of the project aiming to expand the container terminal of Odessa Port at the Quarantine Mole. The project is carried out jointly with the German investor and terminal operator, the Subsidiary Company "Container Terminal Odessa" of the company “HHLA International GmbH” (port of Hamburg). It was reported by Svetlana Yarovaya, Vice President for Public Affairs of SC “CTO”.

In course of the visit, Wolfgang Kubicki, Vice-President of the German Bundestag, stressed the importance of the relationship between Germany and Ukraine. "We started our Odessa visit from getting acquainted with the Container Terminal in Odessa port as the largest German investment project in the maritime industry of Ukraine. We consider these investments to be the most crucial. In the future, Germany plans to continue investing in various sectors of Ukraine, "- said W. Kubiñki.

During the terminal excursion, the President of SC “CTO” Phillip Sweens stressed that today's event and further development of the Quarantine Mole territory prove that German investors are ready to develop high-tech infrastructure facilities, strategically important for Ukraine. "Today we are hosting a very respectful delegation from the German parliament, this event is very significant for us. We have been operating in Ukraine and Odessa port since 2001. Today, there is an active construction on the Quarantine Mole and we are launching the second stage of the project development. Respectively, we are optimistic about further investing in this project and believe in its success,"- mentioned Phillip Sweens.

According to the results of the terminal’s operation for January-August 2018, the cargo turnover of SC "CTO" amounted to 210,737 TEU and increased by 9.7% compared to the same period in 2017. Due to the service improvement, the company is constantly attracting new clients. Today, the following world shipping container lines are the clients of SC "CTO": MSC, ZIM, Hapag Lloyd, Arkas, YANG MING, OOCL, EVERGREEN, ONE, ADMIRAL, Cosco Shipping Lines.

In the course of an improvised briefing for the media representatives, Anastas Kokkin, General Director of SC “CTO”, said: "Due to the support of the parent holding company HHLA and the Government of Germany, our company continues investing in the development of the terminal’s rear areas and the acquisition of handling equipment. CTO has been the undisputed leader of the Ukrainian container market for the last years. We managed to achieve this result by introducing modern technologies for handling container cargo flows and improving vessel handling standards, as well as through client-oriented policy and coordinated work of our professional team. Another important factor is connected with the recent service expansion by means of the joint launch with PJSC "Ukrainian Railways" and its branch "Lyski" of regular container trains from Odessa-port station to Dnipro and Kharkiv directions, with the participation of the BKP terminal. In the nearest future, we expect a block train in the direction to Kiev. Our success was also possible due to the constructive cooperation with the management team of our partners in Odessa port and SE "USPA", represented by Igor Tkachuk and Raivis Veckagans.

Reference:

The company "Container Terminal Odessa" is a subsidiary company of “HHLA International GmbH” and a member of the leading logistics holding company in Europe - the German company HHLA AG (Hamburg). SC “CTO” has been building a new container terminal jointly with USPA since 2010. Over the past seven years, the company paid over 1 billion UAH of taxes to the budgets of various levels.

The project of the construction of the "Quarantine Mole" terminal, which provides for the expansion of the capacity for 600,000 TEU per year, is one of the largest infrastructure projects in the maritime transport industry of Ukraine. The total volume of investments exceeds 5 billion UAH.

Subsidiary Company Container Terminal Odessa member of the HHLA Group Thu Nov 15 06:16:17 2018