• 2018 June 4 11:28

    Ukraine launches urgently needed port sector reforms

    On the heels of the Ukrainian Port Forum-2018 on May 31st, the flagship event for Ukraine’s port infrastructure development, the country has launched a new World Bank supported technical assistance funded by the Public-Private Infrastructure Advisory Facility (PPIAF) to help position the port sector for more private investment, says Ukrainian Sea Ports Authority.

    With its geographically favorable location at the crossroads of Europe, Asia, and the Middle East and its large and rapidly growing grain and agricultural outputs, Ukraine seeks to improve its logistics sector and facilitate more international trade. One piece of this puzzle requires urgent modernization of Ukraine’s 13 seaports and an overhaul of the current outdated port management model.

    The technical assistance launched this week will help Ukraine identify key areas to focus on as it proceeds with reforming its port sector. The assistance will deliver a review of port sector legislation, an assessment of the current state of port infrastructure, and a review of the current governance structure, along with a roadmap to help move the sector to a full landlord model.

    Ukrainian Sea Ports Authority CEO, Raivis Veckagans, notes that “Sea port reform has been ongoing since 2013 with the separation of operational and administrative activities. Since that time Ukrainian Sea Ports Authority has set ambitious goal to significantly increase current handling of 130 million tons of cargo per year, achieve European standards of service, and promote Ukraine as an important player on existing and emerging global trade routes. We believe that reform of port management being launched next week with the support of World Bank and PPIAF will enhance opportunities to increase private participation and attract leading global players to achieve these goals”.

    Juan Gaviria, Practice Manager for Transport in Europe notes that “The World Bank has a substantial advisory services and investment portfolio across all transport sectors in Ukraine supporting the Logistics Strategy and Action Plan; ports, inland water transport, railways modernization, road corridor prioritization and strategic investment. We recognize the importance of improving the port sector to better connect to the other modes of transport and foster greater trade and promote inclusive economic development”.

    PPIAF Program Manager, Francois Bergere notes that “attracting private investment into infrastructure requires putting the necessary ‘upstream’ institutional conditions in place. We have been providing support to Ukraine’s transport subsectors over the past few years to help foster such an environment favorable to private investment and are happy to continue this work in Ukraine’s port sector, where there seems to be a lot of momentum.”

    The Public – Private Infrastructure Advisory Facility (PPIAF) is a multi-donor technical assistance facility that is financed by 11 multilateral and bilateral donors. Established in 1999 as a joint initiative of the governments of Japan and the United Kingdom, working closely with and housed inside the World Bank Group, PPIAF is a catalyst for increasing private sector participation in emerging markets. Its mission is to help eliminatepoverty and increase shared prosperity in developing countries by facilitating private sector involvement in infrastructure.




2019 January 19

14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018
11:25 Nor-Shipping reveals stellar line-up for Ocean Leadership Conference
10:52 10 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 16-17
10:28 NOVATEK’s hydrocarbon production totaled 548.4 million boe in 2018, up 6.9% Y-o-Y
10:03 Brent Crude futures price down 0.34% to $61.11, Light Sweet Crude – down 0.54% to $52.03
09:39 Tallink and Taltech to collaborate on developing smart ship solutions
09:17 Baltic Dry Index is down to 1,055 points

2019 January 16

18:36 Kongsberg Gruppen enters into an agreement with Rome AS to divest Kongsberg Evotec