HPC-Ukraina Container Terminal To Change Its Name To Container Terminal Odesa

10 February 2017 15:22

The HPC-Ukraina company, a subsidiary of the Hamburg Port and Logistic Corporation (HHLA AG, Germany), which is one of the leading port, transport, and logistics holdings in Europe and operates at the Odesa port, intends to change its name in connection with re-branding, the Interfax Ukraine news agency reports.

The company will now be called Container Terminal Odesa.

According to information from the company, the volume of container handling at the HPC-Ukraina terminal’s berths totaled 282,594 TEU in 2016, which is 10.6% more than the volume in 2015.

HPC-Ukraina accounted for about 50% of the total volume of containers handled in Ukrainian ports in 2016 (according to the Ukrainian Ports Authority, the total volume of container handling by Ukrainian ports was 579,472 TEU in 2016).

HHLA AG has had experience of operations in the port of Odesa since 1992. It founded HPC-Ukraina in 2001. In 2010, it began construction of a new container terminal called Quarantine Mol in cooperation with the Ukrainian Ports Authority. The new terminal will increase the existing annual handling capacity by 600,000. The total amount of investment in the project is more than UAH 5 billion. Construction began in April 2010. The Quarantine Mole container terminal processed the first two vessels in test mode in September 2014.