Hutchison Ports, which includes the Port of Felixstowe and Harwich International Port, has signed a Memorandum of Understanding with the government of Ukraine for the development of the port at Chornomorsk on the Black Sea.

The agreement was signed by Clemence Cheng, managing director Hutchison Ports Europe, and Volodymyr Omelyan, the Ukrainian Minister of Infrastructure, during a visit by the minister to the Port of Felixstowe where he was accompanied by the Ukrainian Ambassador to the UK, Natalia Galibarenko.

Mr Cheng, said: “We have long seen the potential for growth in container business in Ukraine and look forward to working together with the Ministry of Infrastructure to realise our shared aim of developing world class port facilities to facilitate trade.”

Mr Omelyan added: “I am glad that the world’s leading port operator enters Ukraine’s maritime market. Government is committed to finalize the agreement and to close the deal in 2017.”

Chornomorsk is one of the largest ports in the Black Sea, handling a range of cargo including containers, ferries, general and bulk cargoes.

It is situated in the south-west of Ukraine, 20 kilometres south of Odessa, and has established rail connections to the capital, Kiev.