ODESA, NOVEMBER, 6th, 2009, CONTEXT-PRICHERNOMORIE – Ukrtranscontainer intends to initiate a suit against Illichivsk Commercial Sea Port, Context-Prichernomorie correspondent reports.

The agency was informed about it at the press-service of the National Container Company that owns Ukrtranscntainer terminal.

“Both NCC and UTC confirm their previous statements and prepare an appeal to the International Arbitrage with the claims of the foreign shareholders of the Ukrtranscontainer Company against Illichivsk Commercial Port as a state-owned enterprise. They have all the necessary ground for suchlike appeal, as an international legal body, Ukraine signed and ratified an intergovernmental agreement in 1994 regulating legal bases of private financing. In compliance with this international act, Ukraine is to provide security of foreign investments”, they reported in the press-service.