en.Wedoany.com Reported - Mediterranean Shipping Company (MSC) has acquired a 51% controlling stake in Ukrainian terminal operator TIS Group, a move that local industry executives have welcomed, stating it will help raise operational standards at Ukrainian ports.

The shares purchased by MSC were previously held by DP World. In March, DP World sold its stake to the founders of TIS Group and exited the Ukrainian market. External analysts believe this change is linked to an agreement between DP World and Rosatom involving the joint development of shipping along Russia's Northern Sea Route through FESCO. As part of the transaction, TIS also regained control of the tugboat operations previously managed by P&O Maritime Ukraine.

TIS (Transinvetservice), founded in 1994, is Ukraine's largest private terminal operator. Its TIS terminal in Pivdennyi, part of the Greater Odesa complex in the southern port, handled over 30 million tons of cargo annually before the war, accounting for approximately 20% of Ukraine's total freight volume, making it the second-largest terminal on the Black Sea. The port is purpose-built and reportedly features Ukraine's deepest container terminal, equipped with facilities for grain, bulk, project cargo, and container handling, along with direct road and rail connections to inland centers.

The share acquisition is subject to regulatory approval. MSC holds a majority stake in Hamburg Port and Logistics Company (HHLA) in Germany, which operates a container terminal in Odesa. Experts note that in addition to connecting these two terminals, the deal will provide access to MSC's global network, including its terminals in Trieste and Tallinn.

This move is MSC's latest step in expanding its terminal and logistics operations. Last year, MSC acquired a 50% stake in a Ukrainian intermodal logistics operator and a 25% stake in a cross-border terminal. In other parts of Europe, MSC is also pursuing terminal acquisitions and is the bidder behind the stalled deal to acquire CK Hutchison's global terminal network.

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