The single Ukrainian Antarctic station is named after the mineralogist Vladimir Vernadsky (1863–1945) who was the first president of the National Academy of Sciences of Ukraine.

[4] On 14 August 1982 another memorial cross was planted at Petermann Island in honor of A C Morgan, K P Ockleton and J Coll.

[4] In 1992, after the collapse of the Soviet Union, Russia declared itself the successor to all the Antarctic stations of the USSR and refused to transfer one of them to Ukraine.

During February–August 1992, a number of initiative letters were sent by scientists and specialists, appeals of institutions and organizations to state bodies on the need to resume and continue Ukraine's activities in Antarctica.

This idea was picked up by Ukrainian diplomats - the then Ambassador of Ukraine to Britain Serhiy Komisarenko and Counselor of the Embassy for Science Roland Franco.

For high professionalism shown in the extreme conditions of Antarctica in carrying out the tasks of the First Ukrainian Antarctic Expedition by the Decree of the President of Ukraine in April 1998 the Order of Merit of the III degree was awarded to G. P. Milinevsky (station chief), the Order of Courage of the III degree V. G. Bakhmutov (geophysics) and L. S. Govorukha (glaciologist).

The National Antarctic Scientific Center of Ukraine continues a programme of meteorology, upper atmospheric physics, geomagnetism, ozone, seismology, glaciology, ecology, biology and physiology research.

[8] Anticyclone weather patterns caused by high pressure systems in the interior of Antarctica or from the north are rare.

[8] In the cases that they occur, when the weather is influenced by the high pressure system from the interior of the continent, cold air masses from the south moves northwards.

A two-storey extension provides sleeping accommodation for 24 people, a clothing store, boiler room and reverse osmosis plant on the ground floor.

[12] Currently it is considered as closed, yet used occasionally by Ukrainian personnel from Vernadsky Station as an emergency refuge shelter and for recreation.

As one of the longest operating bases in Antarctica, Vernadsky Station has been the subject of scientific research studies on long-term temperature trends that indicate global warming.

A study published in the April 2013 issue of the International Journal of Climatology examined the daily observed temperature at the Faraday/Vernadsky station from 1947 to 2011.

Concurrently, the magnitude of extremely cold temperatures has reduced.”[13] Vernadsky Station operates several services for visiting tourists.