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Strona głównaKDM Shipping Reports July 2012 Dry Bulk Cargo Transport Operational Results

KDM Shipping Reports July 2012 Dry Bulk Cargo Transport Operational Results

KDM Shipping Public Limited, a leading Ukrainian maritime shipping company that is primarily involved in the niche segment of dry bulk river-sea freight in the Black, Azov and Mediterranean Sea regions, has reported its July 2012 cargo transport operational results.

The Group transported 58,864 tonnes of dry bulk cargo at an average freight price of USD 28.2 per tonne, thereby generating USD 1.66 million in monthly revenues in this business segment.  Turkish ports accounted for 51.8% of the monthly dry bulk cargo shipments by tonnage, Russian ports accounted 40.6% of the shipments by tonnage and Ukrainian ports accounted for 7.6% of the shipments by tonnage.

Itemized data and figures are available at KDM Shipping’s website  (http://kdmshipping.com/Monthly-reports.html).

Denys Molodkovets, Chief Financial Officer of KDM Shipping commented:  “On behalf of KDM Shipping, I am pleased to report that our July dry bulk cargo transport operational results were in line with expectations and we achieved our monthly targets.  Macroeconomic conditions for our business are sufficient so we shall work towards meeting operational and earnings goals while undertaking our growth and investment strategy.”