Kiev Port Expects Revival

The meeting of the Kiev river port stock company shareholders has recently took place in Kiev. The meeting adopted a development programme providing for carrying 770 thousand tons of cargo with the company’s own fleet and handling 2.550 million tons of cargo. The expected revenues comprise 1.251 million Grivnas (700 thousand of these will be used to offset the debts made in the previous years). The Kiev port facilities allow of handling over 30 million tons of cargo annually. The new administration has been able to stabilize the situation for the first time in several years finishing the year with a profit. This, together with the initiative of Belarus to use the Kiev port for export operations inspires hopes that the port will regain its stature in the transportation process. The Kiev port can accommodate both river and river-sea vessels serving as a unique export/import transshipment complex.