Ukrainian shipping operator KDM Shipping said about his intention to refocus all its own fleet in the sea of Azov to the workplace in Russian ports. As emphasized in the report, this decision was dictated by financial considerations, because to work with the Ukrainian ports KDM Shipping is not more profitable.
" Analyzing the results of the first six months, it is Clear that a vessel operating in the Russian ports of the Azov sea and the Russian river ports, more profitable and not more exposed to the risk of shortage of goods, " it was presented by the shipping operator on the Warsaw stock exchange.
for this reason, management has decided to increase its presence in the Russian Federation, by placing the fleet in the sea of Azov, and where it can be, to change the flag on the Russian.
similarly the report provides detailed analysis of trends in development activity KDM Shipping, the results of which showed that the Cargo segment has changed dramatically with the end of 2013. In addition, the report indicates that the trend in the near future will remain negative, which would complicate the conduct of business. KDM Shipping (LLC Capital shipping Company " ) is the only publicly traded owner and operator in Ukraine, engaged in the movement of bulk cargo vessels of " river-sea " in the Black, Azov and Mediterranean seas, as Well as passenger travel by river transport in the Kiev region. The group's cargo fleet consists of ten bulk carriers.
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