The transfer of the Kherson Commercial Seaport to the concessionaire will be completed by the end of this year, the Ukrainian Seaports Authority (USPA) has announced.

The CFTS portal reported this, citing the Kherson Online publication.

The last obstacles to the transfer of the state-owned Kherson Commercial Seaport to the concessionaire will be removed by the end of 2021.

According to the Ukrainian Seaports Authority’s acting head Oleksandr Holodnytskyi, the issue of licenses for extraction of minerals and the issue of land are preventing the transfer.

However, according to him, the procedure will be completed in December.

The USPA said that the transfer of the properties to the Kherson Commercial Seaport’s concessionaire would take place in June this year. Earlier, former minister of infrastructure Vladyslav Kryklyi said that the transfer of the Kherson Commercial Seaport to the concessionaire would be completed in March. “I expect that we will complete the transfer of the facility in Kherson by the end of March,” he said.

As the CFTS portal reported, businessman Shota Khadzhishvili announced his withdrawal from the Kherson Commercial Seaport concession project in August this year. He attributed his decision to withdraw to non-transparent working conditions in the seaport. However, according to Khadzhishvili, the partners that won the concession tender (the Georgian Industrial Group) will continue to operate.

As reported previously, The Risoil Kherson company won the concession tender for the state-owned Kherson Commercial Seaport in January 2020. The Risoil Kherson company is a consortium consisting of Petro Oil and Chemicals (part of the Georgian Industrial Group) and the Risoil S.A. port operator (Switzerland). The Georgian group owned a 60% stake in the consortium and the Swiss company 40%.