Ukrainian ports fulfilling financial plan for 2018 by 120%

The exceptions are the Ust-Dunaisk and Skadovsk sea ports.

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Ukraine's Deputy Infrastructure Minister Yuriy Lavrenyuk says Ukraine's ports are fulfilling the financial plan for 2018 by 120%.

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"There are no failures in the ports' financial activity. Only the ports of Ust-Dunaisk and Skadovsk have a problem, which has existed for decades. In particular, the Skadovsk port's property has been seized [under a court ruling] for 10 years. Now we are trying to bring private investment in it, because the state is unable to finance them. All other Ukrainian ports are outperforming the financial plan for this year by 20%," he said during a traditional Q&A session in the Verkhovna Rada, Ukraine's parliament, on October 5.

According to Lavrenyuk, the creation of maritime administrations is international practice.

"There are no state-owned stevedores in any European country. They are only private ones. The state must deepen the water area and support the berths. The Ukrainian Sea Ports Authority [USPA] was created for this purpose," the official added.

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