ODESA, AUGUST, 4th, 2009, CONTEXT-PRICHERNOMORIE – Odesa Regional Office of Navigation Register, Ministry of Transport and Communications of Ukraine canceled the exploitation license issued for Transinvestservice Stevedoring Company, Context-Prichernomorie correspondent reports.

Irina Chibirova, the press-secretary of the port informed the agency about it today, 4 August.

The document says the Register canceled the License issued 23 June on the basis of the protest initiated by the Black Sea Transport Prosecutor’s Office.

INFORMATION: Yuzhniy Merchant Sea Port is situated in the North-West area of the Black Sea, on the ice-free Adzhalykskiy Liman and is a cargo operation turnover leader (20 million 698 thousand 600 tons in 2005). Main transportation directions: the Black Sea and the Mediterranean basins, the USA, Latin America, Middle East, South-Eastern Asia. All cargo, storage and auxiliary operations are carried out in the port. There work specialized complexes in the port for operation of mineral fertilizers, liquid chemicals, export overload berths for general and bulk cargoes.

Transivestservice (TIS) is Ukraine’s largest terminal for bulk cargoes and is a transit gate to a greater part of south-east Russia and neighbour countries. It has a strategic location in relation to the Ukrainian hinterland. It is situated at the Adzhalik bay- 40 km south from the City of Odesa. The terminal is the gateway to the World market of 450 million consumers of grains, fertilizers, coals, ores, etc. More than 50 scheduled services link TIS with over 1000 ports worldwide. The company’s throughput in 2005 amounted to 5,3 million tones.

TIS is situated directly on the Black Sea. It is the deepest terminal of Ukraine, so the largest ocean-going vessels have unrestricted access around the clock, seven days a week. The port has a depth of 14 metres (47 feet) and never freezes. The terminal is most famous for rapid turnaround times. A lot of auxiliary services are provided too Due to the size of the operations, the terminal offers significant advantages of scale. TIS is investing all the time to attract new cargoes, expand and improve its service.