Bilhorod-Dnistrovskyi port halved in price again

The regional office of the State Property Fund of Ukraine in Odesa and Mykolaiv regions has reiterated its intention to hold another auction for the sale of the Bilhorod-Dnistrovskyi Commercial Sea Port.

According to the Prozorro.Sale system, the next auction is scheduled for September 16.

The starting price has been halved from UAH 177 million 972 thousand 492 to UAH 88 million 986 thousand 246, and the auction scheduled for September 6 was canceled due to the absence of participants. Under the terms of the auction, the buyer must also pay off wage and budget arrears and pay VAT in the amount of 20% of the final value of the property. As of September 30, 2023, this total debt amounted to UAH 105.5 million.

According to its charter, the main activity of the state enterprise Belgorod-Dniester Commercial Sea Port is auxiliary water transport services. The company specializes in transshipment of timber cargo, mineral fertilizers, iron ore pellets, metal products and grain cargo. Vessels can enter the port through the 1.5 km-long approach channel of the offshore part of the Dniester-Tsarhorod estuary and the 14.5 km-long Dniester-Liman part, with a depth of 3 meters (3.5-4.5 meters according to the passport).

The unified property complex is located on the territory of 64.4 hectares in Bilhorod-Dnistrovskyi and Zatoka.

The port also includes nine ships, four diesel locomotives, 18 portal cranes, 47 vehicles, etc.

The State Property Fund has put up for privatization the single property complex of the State Enterprise "Bilhorod-Dnistrovskyi Commercial Sea Port" seven times. However, there have been no takers so far.

In February 2024, SPFU met with representatives of the South Korean corporation Ssang Yong. They discussed the possibility of privatizing the Bilhorod-Dnistrovskyi port.