KDM Shipping PLC

Corporate Details

ISIN(s):

CY0102492119

LEI:

Country:

Poland

Address:

Michael Kousofta 3, 3031 Limassol

Website:

http://www.kdmshipping.com/

Sector:

Transportation and storage

Industry:

Sea and coastal water transport

Description

KDM Shipping is primarily involved in the niche segment of dry bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. The Group’s cargo fleet consists of 10 river-sea, dry cargo vessels of total 29,673 DWT, which due to their shallow draft can access major river and sea ports in Black and Azov Sea regions. The Group also ship repair services at its own shipyard located in the city of Kherson. According to International Economic Rating “League of the Bests” in 2012, the Group is ranked as # 1 in river activity and 3rd in maritime activity in Ukraine. The Group has developed a vertically integrated business model. The Group’s main activity of dry-bulk shipping is supported by its own ship repair yard, its own crewing department. Such business model allows the Group to benefit from certain cost efficiencies and sustain competitive advantages.