OREANDA-NEWS. March 10, 2009. On the outcomes of 2008 Sevastopol port has received 6 million 248 thousand net profit which amounts 419% against 2007. Such growth is one of the biggest among Ukrainian sea trade ports. To the State Budget the enterprise has transferred 5 million 700 thousand hryvnyas – by 53% more against 2007.

“Even facing such complicated economic situation Sevastopol port is holding its position and continues developing stably,” head of port Serhii Tarakanov said.

Pursuant to the order of President of Ukraine Sevastopol port joins its prospects with the development of cruise business. Nowadays the port can accommodate over a thousand ships and convey 5 million passengers annually. The main priorities of the development of the port appear improvement of its capacities with the help of dredging operations and increase of quayage.

Owing to the favourable geographic position of Sevastopol port, hydroengineering, navigation, transport infrastructures, numerous qualified cadre potential Sevastopol has all prerequisites to become a modern transport-logistic junction of international level.

“A significant stimulus of social-economic development of Sevastopol can become creation of a powerful deep-water sea trade port on the basis of Sevastopol bay,” Deputy Minister, Director of Ukrmorrichflot Volodymyr Rabotnyov urged.