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CMS and Sayenko Kharenko Advise on Black Sea Port Joint Venture

CMS and Sayenko Kharenko Advise on Black Sea Port Joint Venture


CMS Cameron McKenna Nabarro Olswang in Kyiv has announced that it advised SD Capital on English and Ukrainian law aspects of a joint venture transaction involving towage services in Ukraine’s Black Sea port of Yuzhnyi. P&O Maritime was advised on English law by Clyde & Co. and on Ukrainian law by Sayenko Kharenko. 

As part of the transaction, P&O acquired control over the Ukrainian harbor towage company LB Shipping. 

P&O Maritime is owned by DP World Group — one of the worlds’ largest port operators. The deal was signed by Andrey Stavnitser, SD Capital Partner, and DP World Group‘s Chairman and CEO, Sultan Ahmed Bin Sulayem, in November 2017 after a visit by Ukrainian President Petro Poroshenko to DP World Group‘s headquarters in the UAE.

The CMS team was led by Kyiv Managing Partner Graham Conlon and Senior Associate Tetyana Dovgan and included Vitalii Mainarovych, Olga Belyakova, Natalia Nakonechna, Olena Basanska, Diana Pysarenko (all in Kyiv) and Christian Delgado (in Amsterdam).

The Sayenko Kharenko team was led by Partner Vladimir Sayenko, supported by Counsels Maksym Nazarenko, Oleksandr Nikolaichyk and Alina Plyushch, and Associates Denis Dutchak and Mykhailo Grynyshyn.


Ukraine Knowledge Partner

Avellum is a leading Ukrainian full service law firm with a special focus on finance, M&A, and dispute resolution. Our goal is to be the firm of choice for our clients with respect to their most significant business transactions. We bring the most advanced Western legal techniques and practice, which, coupled with our first-hand knowledge, broad industry experience, and unparalleled level of service, will help our clients achieve best results in their business endeavours. We work seamlessly in integrated teams with premier US, UK and European law firms in course of multijurisdictional transactions. The team consists of 26 highly qualified attorneys, including three partners – Mykola Stetsenko, Glib Bondar, and Dmytro Marchukov, who are actively involved in every transaction. Avellum is recognised as one of the leading law firms in Ukraine by various international legal directories and Ukrainian legal editions (Chambers, Legal500, IFLR1000, Ukrainian Law Firms, and others).

Firm's website: www.avellum.com


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