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                        THURSDAY, JUNE 21, 2018
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P&O Maritime, via acquisition, begins towing operation in Ukraines Yuzhny seaport
Journal Staff Report

KYIV, Jan 4 - P&O Maritime, a fully owned subsidiary of DP World Group, has started operating in Ukraine to provide towing services in the Yuzhny seaport (Odesa region) via the acquisition of a towing company.

The press service of SD Capital investment company founded by the co-owner of TIS Group Andriy Stavnitser and its manager Filip Hrushko, P&O Maritime acquired a controlling stake in LB Shipping that provides towing services. The co-investor in the deal was SD Capital. The sum of the deal is not disclosed.




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