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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

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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.


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AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com


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